The high demand for new energy vehicles promotes growth, and the development of power battery cathode materials can be expected in the future:
The barrier of negative electrode industry is high and the pattern is good: negative electrode material manufacturers continue to invest a lot of money to layout the industrial chain through early research and development and technology Zhidian, forming a "moat" and binding with downstream leading power battery manufacturers outside China. Therefore, the overall industry has a high foundation. At present, the negative electrode material industry presents a relatively stable competition pattern of "four big and three small", but the industry concentration is medium and the absolute gap has not been opened. Industry participants are expected to seize the opportunity and expand market share.
The industry will adhere to the vertical integrated layout to achieve cost reduction and efficiency increase: raw materials and graphitization account for a high proportion of the cost of negative electrode materials. Affected by the "dual control" and relevant environmental protection policies, the production capacity is limited and the price surges. In order to cope with the pressure of soaring costs, nitou enterprises represented by Ningbo Shanshan Co.Ltd(600884) have begun to carry out integrated layout through acquisition and merger and accelerate the integration of upstream supply chain, so as to improve the proportion of self supply such as industrialization and carbonization. Vertical integration has become an inevitable trend and urgent demand in recent years.
Material renewal iteration, "silicon-based" era is approaching industrialization: at present, the specific volume of artificial graphite, the mainstream cathode material in the market, is close to the limit value of wheel lifting. Gao bineng Su Qiuxia, the renewal iteration of cathode material will accelerate. Among many new negative electrode materials, silicon-based negative electrode has development potential because its specific capacity is much better than other options. Due to the technical constraints such as trifoliate effect, silicon-based negative electrode has not yet started large-scale commercial use. O with the in-depth research on the modification of silicon-based negative electrode and the accelerated layout of moxibustion material manufacturers, the industrialization of silicon-based negative electrode will continue to spread in the future.
2021 will become a watershed for the development of new energy vehicles. On the one hand, under the background of "carbon neutralization", the new energy vehicle industry will continue to develop at a high speed, driving the increase of upstream blood demand; on the other hand, with the decline of subsidies, the downstream vehicle managers will focus on reducing cost and increasing efficiency, increase the upgrading of power battery technology and expand high-quality production capacity. As a key link affecting the performance index and capacity supply of power batteries, negative materials will reduce product costs through research and development of raw materials with higher specific capacity and vertical integration of layout. The "technology + cost" route will be grasped with both hands to further raise industry barriers, expand growth space and improve profitability.
