Chinese power battery companies are gaining more and more international voice.

    Industry data show that from January to April in 2020, Ningde Times exported nearly 1.55 billion yuan of lithium ion batteries, a year-on-year increase of 350.4%.In 2019, ningde Era's overseas revenue reached 2 billion yuan, up 91.6% year on year.Export products include automotive power batteries (mainly), energy storage batteries and start-stop batteries.

    Gaoke Lithium-ion learned that the power battery companies such as Yiwei Lithium-ion, Guoxun High-tech and Foneng Science and Technology, which previously won orders from overseas auto companies, have all achieved overseas export supply of lithium batteries this year, and the export growth is mainly driven by the automotive power battery sector.

    This marks, on the international stage, the domestic power battery and The Power battery of Japan and South Korea officially open a frontal fight.The faster the process of electrification in Europe and the United States, the fiercer the competition in the international market of power batteries will be.

    Recently, As a foreign strategic investor, Volkswagen China has bought into Guoxuan High-tech, which proves that international automobile enterprises attach great importance and recognition to Chinese power batteries.With the support of the public, The influence of Guoxangaoke in the international stage will also be significantly enhanced.

    The background of China's power battery accelerating towards the international stage is the rapid rise of Chinese power battery enterprises relying on technology, production capacity, cost, complete industrial chain and other advantages.Second, Europe and the United States electric acceleration facing the power battery supply constraints;Third, new energy vehicles become the inevitable trend of the development of the global automobile industry, Chinese enterprises are bound to compete for this huge market cake.

    A significant trend is that Chinese power battery and industrial chain enterprises are playing an important role in the new round of global power battery production capacity infrastructure.With the domestic power battery export/overseas expansion, the power of Chinese power battery enterprises in globalization will be further highlighted.

    China's power battery to the international stage

    At present, the overseas export enterprises of power batteries include Ningde Times, Yiwei Lithium Energy, Guoxuan High-tech, Foneng Science and Technology, Wanxiang first, second and third.

    From January to April, Ningde Times' power battery export ranks the first in China. Its export regions include Germany and Slovakia, etc., and its main supporting automobile enterprises include BMW, Volkswagen PSA, etc.It is worth noting that in 2019 Ningde Times supplied batteries for PSA E-208 overseas models, at one point it overtook BMW.

    From the current progress of overseas cooperative customers, the international automobile enterprises cooperated by Ningde Times include BMW, Toyota, Daimler, Hyundai, Jaguar Land Rover, PSA, Volkswagen and Volvo.With the completion of the European plant, ningde times overseas export value and overseas orders will grow rapidly.

    Yiwei lithium can also do well.From January to April, yiwei's share of lithium battery export ranks TOP10 in China, and the main supporting vehicle enterprise is hyundai kia.After obtaining SKI's capital and technology endorsement, Daimler and Hyundai Kia successively became the guests of Yiwei Lithium Energy.

    According to the judgment from the senior management of Yiwei Lithium Energy, the majority of the company's revenue growth in 2020 will come from the export of power battery sector.

    From January to April, the important region for the export of guoxuan high-tech power batteries is India, although there is no specific supporting data, but the industry speculation that it is mainly for the Indian Tata supporting.In May last year, A wholly owned subsidiary of Guoxuan Tech set up PACK in a joint venture with a unit of India's Tata Group.

    Since 2019, Guoxuan High-tech has been advancing steadily on the road of internationalization. It has reached cooperation intention with BOSCH, Tata in India, Ebusco in the Netherlands and other international customers, and carried out product development and technical exchanges with many international brand automobile enterprises.

    After Volkswagen becomes a shareholder, it cannot be ruled out that Guoxangaoke will start the global supply of Volkswagen's electric cars, which has a huge imagination.

    It can be seen that the overseas new energy vehicle market structure surrounded by the battery giants of Japan and South Korea is changing dramatically due to the rise of Chinese power battery enterprises.The value of China's power battery industry chain is becoming increasingly prominent, and China will become the global power battery quality production base.

    Global electric wave

    In fact, almost all international auto companies, including Daimler, Volkswagen, BMW, GENERAL Motors, Ford and Toyota, have given clear signals of electrification and set clear strategic goals.Demand for power cells has naturally risen.

    By 2023, demand for electric vehicle batteries is projected to be 406GWh, while supply is projected to be 335GWh, a shortfall of about 18%, the data predict.The situation is expected to worsen by 2025, with supply shortages of about 40 per cent.

In order to maintain the stability of the power battery supply chain, as early as 2018, Chinese power battery companies such as Ningde Times, Foneng, Yiwei Lithium, Xinwangda and Honeycomb Energy have successively obtained the power battery designated letter from international automobile enterprises.

    The export of Chinese automotive power batteries overseas also quietly started in 2019.

    It should be noted that due to the huge demand gap, Korean series such as LG Chem, Samsung SDI and SKI, Chinese series such as Ningde Times, Prospect AESC, Hive Energy, And Fengeng, as well as European series such as Northvolt and SAFT, are planning to invest a large amount of funds for overseas production capacity expansion.

    Compared with overseas factory construction, in the short term, China's power battery overseas supporting facilities are mainly exported.In particular, the power battery enterprises that have obtained the fixed point will take the lead in benefiting.

     In the long run, the leading international auto companies will not rule out that they will compete for the dominant position in the industrial chain through self-research, self-production of batteries, or by looking for battery companies to provide OEM services.

    Chinese, Korean and European companies are fully engaged in capacity expansion, and the global power battery game war will also kick off.