The installed capacity of lithium iron phosphate batteries continues to rise, and the application of heavy trucks and ships has accelerated expansion

The market share of lithium iron phosphate batteries is accelerating its expansion.

The latest data from the Power Battery Application Branch of the China Chemical and Physical Power Industry Association shows that, driven by the domestic Tesla (TSLA.US) Model 3 and other models, the CATL successfully launched in November Top lithium iron phosphate version passenger car installed capacity list. According to statistics, in the first 11 months of this year, my country's power battery output fell by 13.8% year-on-year, but the cumulative output of lithium iron phosphate batteries reached 28.0GWh (gigawatt hours), an increase of 5.7% year-on-year. In terms of application, we will accelerate the expansion of heavy trucks, ships and other fields.

Data from the Power Battery Application Branch shows that the installed capacity of lithium iron phosphate batteries for passenger cars in the Ningde era reached 791.35MWh (megawatt hours) in November, an increase of 919.78% from the previous month. , Ranked first in the month.

Analysis believes that the amount of lithium iron phosphate batteries in the passenger car market in the Ningde era increased significantly in November, mainly due to the introduction of Tesla Model3, Hongguang MINIEV and other models. The risk data increased significantly. Among them, 10,145 Tesla Model 3s were equipped with lithium iron phosphate batteries, and 11,800 Hongguang MINIEVs were equipped with lithium iron phosphate batteries. Many other car companies are also customers of Ningde era lithium iron phosphate batteries.

Take Tesla as an example. Previously, the company predicted that its Shanghai plant will produce 550,000 vehicles in 2021, of which 300,000 Model 3 models will be produced. Researchers in the new electric industry believe that the share of lithium iron phosphate batteries in the passenger car market will be further expanded next year.

With the introduction of the new energy vehicle industry policy and the active encouragement of the power exchange mode by relevant departments, electric heavy trucks will usher in the first year of development in 2020.

In the 339th batch of 'Announcement on Road Motor Vehicle Manufacturers and Products' announced by the Ministry of Industry and Information Technology in December, 16 new energy logistics vehicles appeared Heavy trucks (including dump trucks) models, of which 10 heavy trucks are clearly equipped with lithium iron phosphate batteries, and another 4 heavy trucks will be equipped with lithium iron phosphate batteries or fuel cells.

Zheng Jianxin, deputy general manager of Xuzhou Xugong Automobile Manufacturing Co., Ltd. recently stated at the China International Power Exchange Mode Industry Conference that XCMG has more orders for heavy trucks than rechargeable heavy trucks in the fourth quarter of this year. . The industry predicts that during the '14th Five-Year Plan' period, the penetration rate of pure electric heavy-duty trucks can reach 10%. If the sales of heavy-duty trucks reach 1 million in 2025, pure electric heavy-duty trucks will be close to 100,000.

The electrification of ships will become another actively expanding market for lithium iron phosphate. The world's largest pure electric green commercial ship-the 'Yangtze Three Gorges 1' pure electric cruise ship officially started construction recently. The cruise ship is equipped with Ningde era power batteries. The battery system consists of more than 10,000 high-safety lithium iron phosphate batteries with a total power of 7.5MWh, which is equivalent to the total battery capacity of more than 100 pure electric vehicles.

Chairman Zeng Yuqun of CATL said that the installed capacity of power batteries is leaping from the scale of GWh to the era of TWh (tera kilowatt-hour). Penetrating into more and more scenarios, application scenarios centered on electrification + intelligence, such as unmanned mines, electric heavy trucks, electric ships and other fields, will become one of the main lines of the company's future development.

According to public information, BYD (01211), Guoxuan Hi-Tech, Yiwei Lithium and other power battery companies are expanding new application areas of lithium iron phosphate batteries. .