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According to TrendTrend's latest research by TrendForce's Green Energy Division, in the second half of 2016, China actively banned the application of subsidies for new energy vehicles, and delayed the timetable for subsidies, further affecting the market's demand for batteries.
However, as the investigation gradually came to an end, EnergyTrend believes that the market situation of China's new energy vehicles is expected to recover in 2017 and re-ignite the demand for power batteries. It is estimated that the global demand for power batteries will grow from 1.7 billion in 2016 to 20 in 2017. Billions, growing 17% annually.
EnergyTrend research manager Lu Lijun said that China's new energy vehicles are the focus of the power battery market, especially when the proportion of passenger cars increases, it is bound to drive the market demand for cylindrical lithium batteries. In the first half of 2016, the demand for power batteries was strong. Regardless of whether the notebook battery or the power lithium-ion battery was continuously supplied and the price was increased, until the second half of China delayed the payment of subsidies, it indirectly restricted the market development of China's power battery. Demand growth has slowed down.
Looking forward to 2017, due to the announcement of the new China New Energy Vehicle Subsidy Announcement, EnergyTrend estimates that after the slowdown in demand growth in the second half of 2016, the demand for new energy vehicles in China is expected to improve in 2017, and the demand for power batteries will be further restored. Steady growth.
Lu Lizhen pointed out that in recent years, cylindrical lithium batteries for notebooks have been gradually replaced by polymer and square batteries, and the demand for power batteries is increasing. Manufacturers are willing to produce power batteries, and naturally squeeze out the supply of notebook applications. With the return of applications such as electric vehicles and power tools in 2017, the phenomenon of crowded pen battery supply will become more significant.
EnergyTrend estimates that the total demand for notebook batteries in 2016 is about 440 million, of which cylindrical batteries account for 44% of the total notebook battery, and will drop to 35% in 2017.
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