In 2022, China's lithium-ion battery industry will adhere to supply side structural reform, accelerate technological innovation and transformation and upgrading development, continuously improve the supply capacity of advanced products, and maintain a rapid growth trend overall.
Firstly, the output continues to grow rapidly and the industrial scale continues to expand. According to industry standard announcements, enterprise information, and research institutions, the national production of lithium-ion batteries reached 750GWh in 2022, a year-on-year increase of over 130%, with the production of energy storage lithium batteries exceeding 100GWh; The production of lithium-ion first-order materials such as positive electrode materials, negative electrode materials, separators, and electrolytes is approximately 1.85 million tons, 1.4 million tons, 13 billion square meters, and 850000 tons, respectively, with a year-on-year increase of over 60%; The industrial scale has further expanded, and the total output value of the industry has exceeded 1.2 trillion yuan.
The second is to accelerate the expansion of industry applications and promote the acceleration of the dual carbon process. In 2022, lithium-ion batteries will accelerate their rise and enter a growth window period in the field of new energy vehicles, as well as energy storage such as wind and solar energy, communication energy, and household energy. In 2022, the total installed capacity of power batteries for new energy vehicles in China is about 295GWh, with a cumulative installed growth rate of over 130%. In 2022, the total export value of lithium batteries in China was 342.65 billion yuan, a year-on-year increase of 86.7%, making positive contributions to the efficient development and utilization of new energy and the green and low-carbon transformation of the global economy and society.
Thirdly, technological progress is accelerating, and advanced products are emerging endlessly. Backbone enterprises are accelerating their layout around efficient system integration, ultra large capacity battery cells, and advanced battery product systems with an energy density exceeding 250GWh/kg; The new type of battery products with flexibility, low temperature resistance, and waterproofing have been successfully applied in Winter Olympics equipment; The new generation of information technology is further integrated with new energy storage products, and intelligent liquid cooling technology significantly enhances the thermal management level of energy storage systems, reducing system safety hazards.
The fourth is the high enthusiasm for industry investment and the strengthening of collaborative cooperation throughout the entire chain. According to incomplete statistics, in 2022, there will be more than 40 planned projects for the battery cell process, with a total planned production capacity of over 1.2 TWh and a planned investment of 430 billion yuan. The prices of upstream products have fluctuated at high levels, and the prices of lithium-ion secondary materials have repeatedly risen and fallen. The average prices of battery grade lithium carbonate and battery grade lithium hydroxide (micro powder level) in 2022 reached 481000 yuan/ton and 464000 yuan/ton, respectively. Lithium battery companies strengthen upstream and downstream cooperation in the industry chain through various forms such as investment and equity participation, signing long-term contracts, and joint research and development.
