AVZ Peer Transparency, page-138

Tianqi Lithium half year report was released two days ago, it's worthy reading.
Greenbushes, will reach annual production capacity of 1.34mt spodumene, further stage 3 to be completed by end of 2020, to reach annual production capacity of 1.8m tons of chemical grade spodumene (if I recall correctly, will be additional 150kt technical grade spodumene), so total annual production capacity will reach 1.95m tons of spodumene by end of next calendar year, mining life 14 years (to around 2034).

In 2018, China brine production accounted for 6% of global supply, China hard rock production accounted for 3% of the global supply, total China local lithium production accounted for 9% of the global lithium supply. CATL produced 5% of the global lithium production from North American Lithium which has shut down its production due to high cost (couldn't make profit while spodumene price was USD$750/t) and court case threatening to bankruptcy. (Currently CATL does not have any lithium production)



(Use Google translate),
http://data.eastmoney.com/notices/d...JWE5JWU5JWJkJTkwJWU5JTk0JTgyJWU0JWI4JTlh.html

According to the "Medium and Long-term Development Plan for the Automotive Industry" promulgated by the Ministry of Industry and Information Technology in April 2017, it is required that by 2020, the annual production and sales of new energy vehicles in China will reach 2 million, and the potential market space will remain huge.
Although domestic electric vehicle subsidies have been cut in half, China is still the largest electric vehicle market, accounting for 56% of global sales in 2018.

In the case of low growth, the average annual compound growth rate of lithium demand is expected to be 12.9%, reaching 770,000 tons of LCE in 2028. Or, in high-growth situations, strong global economic growth and increased hybrid and electric vehicles will increase demand and applications for rechargeable batteries, including automotive and energy storage end-uses. In the case of high growth, the average annual compound growth rate of lithium demand is expected to be 23.5%, reaching 1.89 million tons of LCE by 2028.


International mainstream car enterprise new energy vehicle development plan
Volkswagen plans to sell 400,000 and 1.5 million new energy vehicles in China in 2020 and 2025 respectively; the MEB platform for exclusive production platforms for electric vehicles is expected to be 2020. Mass production started in the year, total sales are expected to exceed 6.5 million units

BMW will launch 25 new energy vehicles by 2025

Mercedes-Benz to 2022, all models are available in electric models, by 2020, the Smart brand is fully electricized.

Tesla built a factory in Shanghai in 2019, Model 3 has accepted the reservation, and it is expected to be delivered by the end of 2019.

GM will launch at least 10 new energy vehicles in the Chinese market by 2020, with sales exceeding 100,000 units per year. In 2021, a new electric vehicle will be launched. Structure, supporting the development of more than 20 new energy models Ford's new energy vehicle sales in 2020 accounted for 10~25% of total sales

Nissan Renault will release 12 pure electric vehicles by 2022

Toyota launched more than 10 pure electric vehicles before the beginning of 2020; all 2020 fuel car models are electrified

Hyundai-Kia has launched nine new energy products by 2020, and sales of new energy vehicles account for more than 10%.

(Source: Marklines, Tianfeng Securities Research Institute)

Domestic new energy vehicle manufacturers have also developed rapidly in recent years, taking BYD and Beiqi Blue Valley, the leading domestic new energy vehicle companies as examples: As one of the leading domestic new energy vehicle companies, BYD has maintained its number one position in the country for many years. In 2017 and 2018, BYD's new energy vehicle business revenue was 39.06 billion yuan and 52.422 billion yuan, up 12.83% and 34.21% respectively over the same period of last year. In terms of sales volume, BYD sold 247,800 new energy vehicles in 2018, an increase of 125.3% compared with 11 million in 2017. The share of new energy vehicle sales in China increased from 14.2% in 2017 to 19.7% in 2018. BYD has been investing heavily in new energy vehicle production for a long time, and it is expected to continue to increase investment in new energy vehicles in the future. As the leading domestic new energy vehicle production company, Beiqi Blue Valley has revenues of 10.441 billion yuan and 13.068 billion yuan in 2017 and 2018, respectively. In 2018, operating income increased by 25.17%. Beiqi Blue Valley sold 158,000 pure electric passenger vehicles in 2018, an increase of 53.11% over the same period of 2017, with 103,200 vehicles. In recent years, Beiqi Blue Valley has continued to strengthen technology research and development, maintain a strong investment in the production of new energy vehicles, and enhance its competitiveness in the field of new energy vehicles. Based on the long-term growth prospects of new energy vehicles, downstream power battery companies are still actively expanding production, including domestic power battery companies such as Ningde Times, BYD, Guoxuan Hi-Tech and other foreign power battery companies such as LG Chem, Samsung SDI, and SKI. Actively deploying the Chinese market.


New planning and construction capacity:

CATL: 24 GWh power battery production line in Huxi, is expected that all will be completed in 2020.
And domestic battery enterprise industry Jiangsu Times invested 7.4 billion, and built a new power and energy storage battery production line in Fuyang for 24 months.

Times SAC: 36GWh Jiangsu Changzhou Fuyang 36 GWh power battery production line is expected to reach 2020.

Times Guangzhou Automobile: intend to invest 4.226 billion yuan to build a power battery capacity project in Guangzhou for 24 months.

BYD: 24 GWh power battery project is expected to reach production in 2019.
BYD further 20GWh it is planned to invest 10 billion yuan to build a 20 GWh power battery project in Chongqing

Geely Automobile: Domestic Automobile Enterprise plans to invest 8 billion yuan to build a power battery project in Jingzhou, Hubei Province, which is expected to be completed and put into operation in 2020.

Guoxuan high-tech domestic battery enterprise Qingdao second phase 2 GWh power battery production line, Hefei Economic Development Zone 4 GWh ternary battery production has been partially put into production, the total production capacity in 2020 to reach 30GWh.

Wanxiang: 80GWh domestic battery enterprise plans to invest 68.5 billion yuan to build a new 80 GWh power battery project in Xiaoshan, Hangzhou

Fu Neng Technology: 20GWh domestic battery company plans to build 20 GWh power battery production line in Zhenjiang, 2020, the first phase of 10 GWh production, 2022 to reach full production.

SKI: 7.5GWh foreign battery company plans to build 7.5 GWh power battery production line in Changzhou

LG Chemical: 32GWh Foreign-funded Battery Company plans to build a 32 GWh battery production line in Nanjing, including power, energy storage, and small batteries. The first phase will be put into operation in October 2 019, and full production in 2023.

Samsung SDI foreign battery company, total investment of 26.5 billion yuan:  to increase capital of Tianjin plant by about 16.5 billion yuan to build a power battery production line, etc. Energy storage systems, electric vehicles and power tools

In addition to the above plans, LG Chemical announced on January 10, 2019 that it will add another 1.2 trillion won (USD$1.07 billion) to the Nanjing plant, according to the investment agreement. Lieutenant General has 600 billion won for the production of cylindrical batteries.