Benefits Power Battery Replacement Lithium Battery Equipment

The reporter was informed that the new investment in power batteries in 2018 is expected to remain above 100 billion yuan. The industry believes that the new energy vehicle subsidy policy will be inclined to high mileage vehicles, high energy density battery, power battery production will continue to be transformed from lithium iron phosphate battery to ternary material battery, will bring a new round of lithium electric equipment manufacturers Expansion of production, related companies will benefit.

Lithium power equipment usher in development opportunities

Xiao Chengwei, an expert on the National 863 Program's overall expert team on energy saving and new energy vehicles, disclosed to the China Securities Journal that the new investment in the battery in 2018, including batteries, systems, equipment, and materials, is expected to remain above 100 billion yuan.

In order to meet the requirements of the policy for high energy density of batteries, the power battery technology line is rapidly transforming from lithium iron phosphate to ternary materials. At present, the lithium iron phosphate battery and the ternary material battery each occupy the “half of the country”. Xiao Chengwei expects that in 2018, the production capacity of ternary materials will exceed that of lithium iron phosphate batteries.

In the context of replacement of high-quality production capacity, domestic lithium-ion equipment enterprises once again ushered in a promising opportunity in 2018. China Securities Journal reporter was informed that lithium-ion equipment manufacturers generally do not have orders this year. Up to now, the power battery installed capacity and sales of new energy vehicles have surpassed expectations. At the same time, some battery companies have also begun bidding for equipment orders.

Industry concentration will further increase

Wang Dongdong, director of the Power Battery Laboratory of China North Vehicle Research Institute, publicly stated that there are about 240 power battery supporting companies in 2016. In 2017, this number will be about 96. In 2018, there will be less than 50 power battery supporting companies.

The industry believes that the rapid production of lithium battery industry and the increase in the concentration of production capacity will further promote the consolidation of the lithium-electric equipment industry. In the future, it is expected that the lithium-electric equipment industry will further concentrate on leading enterprises. The horizontal integration of lithium battery equipment companies can not only improve the overall production layout of the company's equipment, but also increase its market share and increase its voice.

At present, many leading lithium battery equipment companies have benefited from the high-end lithium industry, and continue to expand the layout in this area. On March 7th, Tailai announced the suspension of major asset reorganization and the company plans to acquire a lithium battery manufacturing company.

Leading intelligence is the leading enterprise of lithium ion automation equipment in China. In 2017, it achieved an operating income of 2.177 billion yuan, an increase of 101.75% year-on-year, and a net profit of 537 million yuan, an increase of 84.93%. The company said that lithium-ion equipment accounts for 67.76% of revenue, which is the company's main source of profit. During the reporting period, the company acquired new Titan power, further driving the growth of lithium-electric equipment.

Leading intelligence said that the lithium battery manufacturing equipment industry will develop rapidly in the next 3-5 years. In the future, the company will continue to increase investment in lithium battery production equipment business.

Source: China Securities News