BNBT is out of China's top 10 battery suppliers, they shut down one branch. I think they are out of the game.
I think Huayou is ranking no. 1, CATL might be teaming up with Huayou.
Electrification sweeps global battery suppliers to compete for gunpowder
2019-09-04 09:59:41 steam and powerful media Author: Shen Fantasy
Both Chinese brands and foreign brands are launching an offensive against the Chinese new energy vehicle market represented by electric vehicles. Along with the current global trend of automotive electrification and the continuous development of the energy storage market, the global demand for power batteries has been generated. China has surpassed Japan and South Korea to become the center of the global battery industry.
(Source: micro-channel public number "Steam and powerful media" ID: auto-first Author: Shen Fantasy)
Tesla, the industry representative that led the development of pure electric vehicles, also built its first wholly foreign-owned electric vehicle factory in Shanghai after China relaxed its restrictions and opened up its localization in China. Recently, Bloomberg quoted sources as saying that Tesla has agreed to buy batteries from LG Chem and use it for the Model 3 cars produced at the Shanghai plant.
On the other hand, Bloomberg’s two news about Volkswagen is also related to battery suppliers. First, the public intends to buy shares or establish a joint venture with Chinese battery companies. This Chinese battery company is likely to be Guoxuan Hi-Tech. Then Audi is in talks with BYD about battery supply, and the negotiations are now in the late stage.
Both Tesla and Volkswagen have a large share in the global electric vehicle field. This quantity is not only derived from market share, but also the influence of brand influence. If the cooperation content of the three news materials is finally finalized, it will have no small impact on the power battery industry.
In fact, in the past, in the past, in cooperation with power battery suppliers, almost all car manufacturers have a "weak" side.
For example, in the strategic cooperation of Beiqi New Energy in the Ningde era at the beginning of this year, it was mentioned that in the next five years, BAIC New Energy must promise to ensure a certain proportion in the share of all externally-powered power batteries. To the Ningde era. Even if BAIC New Energy tried to support alternative suppliers, in 2019, the purchase of Beiqi New Energy was 100% given to the Ningde era...
In addition, as the only supplier to the early Volkswagen Group's power battery sector, LG Chem has increased its price of raw materials to the Volkswagen Group by 10% in the name of a sharp rise in raw material prices. At the beginning of this year, LG Chemical asked the public to stop cooperation with SK Innovation because it tried to establish a power battery factory with SK Innovation.
In order to break this situation, Volkswagen's self-built power battery factory in Europe is steadily advancing, and cooperates with European power battery manufacturer Northvolt to jointly produce power batteries. On the other hand, the Volkswagen Group is also actively seeking partners to build a power battery manufacturing company in China.
Before choosing LG, the battery used by Tesla was the Panasonic brand, and Panasonic also achieved the market share in the ternary lithium battery market with Tesla. With the LG brand, Tesla has shown that it wants to diversify its sources of key components for electric vehicles.
At the same time, the top five companies in the global power lithium battery industry, LG Chem, Samsung SDI, SK Group, Japan's Matsushita and AESC have already begun to lay out in China. Automakers have mastered the core of high-quality batteries through self-built or joint-venture construction, and have become a major future trend in the power battery industry. The diversified pattern of the power battery industry will continue and competition will become increasingly fierce.
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