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CTECHI is an expert in battery solutions, specializing in ODM, OEM, and SKD for energy storage, motive power, and consumer batteries.

What brings development opportunities to the lithium battery industry

With the breakthrough of the new generation of lithium battery technology, coupled with the government’s promotion and subsidies for lithium batteries, the lithium battery industry has ushered in a good opportunity for development. In fact, there are four major favorable factors for the development of the lithium battery industry. Further consolidate the future share of lithium batteries in the market! 1. Lithium battery industry standards and specifications are introduced to strengthen the management of the lithium-ion battery industry, improve the level of industry development, guide industrial transformation and upgrading and structural adjustment, and promote the continued health of the lithium-ion battery industry Development. On August 31, 2015, the Ministry of Industry and Information Technology issued the 'Lithium-ion Battery Industry Standard Conditions.' The document regulates the industrial layout and project establishment, production scale and process technology, product quality and performance, comprehensive utilization of resources and environmental protection, safety management, health and social responsibility, supervision and management, etc. 2. The introduction of the new national standard for electric vehicles is imminent. As the concept of an energy-saving environment increases, the new national standard for electric vehicles that everyone is concerned about is about to be introduced, which will drive the consolidation of the lithium battery market. We know that most of the current electric vehicles are equipped with lead-acid batteries, because lead-acid batteries are low in cost and cost-effective; in contrast, lithium batteries have improved the concept of energy-saving environment, and they have advantages in terms of price. Emissions, and are deeply sought after by the electric vehicle market, this policy will usher in the spring of lithium electric vehicles. 3. New energy vehicles drive the growth of lithium batteries Benefiting from the rapid development of the new energy vehicle industry, power lithium batteries have become the biggest driving force for the development of the industry. Mechanisms such as substituting fines for subsidies and rewards for subsidies will be the long-term driving force of the new energy vehicle industry after the subsidy is completely withdrawn. With the continuous growth of new energy vehicles, the lithium battery industry will usher in a new round of development opportunities. 4. Lithium battery has obvious advantages. 7 advantages of lithium battery: ①Strong power: climbing and loading speed are stronger than lead-acid batteries; ②Small size: Lithium batteries have high energy storage density, which is 5-7 times that of lead-acid batteries. Easy to install and carry; ③Light weight: about 20% of the lead-acid battery, and can be separated from the car for use at any time; ④Driving mileage: 10%-20% longer than the lead-acid battery; ⑤Long service life: normal use 4-10 years, the number of uses is more than 1000 times; ⑥Use environment: 0° battery use energy affects 10%; ⑦Environmental protection: Lithium battery is green and environmentally friendly, lithium battery does not contain lead, mercury, cadmium toxic substances. Immediately, lithium batteries are about to conquer the battery market, not only due to the support of national policies, the improvement of lithium battery technology, and the decline of lithium battery prices, but also the performance of lithium batteries is significantly better than lead-acid batteries , Ni-Cd batteries, Ni-MH batteries and other major competitors. Through the advantages of performance, lithium batteries have gradually expanded the market scale, and the increase in demand directly led to the expansion of production capacity and the reduction of manufacturing costs, which in turn stimulated further growth in market demand. In this way, the lithium battery industry has embarked on a virtuous cycle of development.

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