"With the increase in the promotion of new energy vehicles this year, power batteries will enter a stage of tight supply. The future demand space is huge, and there will be no risk of overcapacity in the short term." Xiao Han pointed out.

　　It is worth noting that among the 13 listed companies counted by the reporter, there are many non-power battery companies, such as Dongyuan Electric, which are mainly engaged in power transmission and distribution products and steel structure products. In April of this year, Dongyuan Electric purchased 100% of Guoxuan Hi-Tech from 9 companies and 43 natural persons at a price of 3.35 billion yuan. The company paid 490 million shares to the counterparty as a transaction consideration by issuing shares.

　　Guoxuan High-Tech's products mainly include lithium-ion power battery packs, batteries and lithium iron phosphate cathode materials, among which battery packs account for more than 98%. Based on 2014 sales, it is second only to BYD and Tianjin Lishen.

　　In addition, many auto parts companies have entered the field of power batteries, such as Sugon, which is mainly engaged in automobiles and parts. In June of this year, Sugon will add 617 million yuan to the acquisition and capital increase of Yineng Electronics to enter the new energy vehicle power battery market.

　　Jian Liang analyzed to reporters that the current new capacity comes from the expansion of existing power battery companies (Lishen, Guoxuan, BYD, etc.), and the transformation of small battery companies and traditional lead-acid companies (Camel, etc.) to power batteries. Vehicle companies (Lifan, BAIC, etc.) are extending upstream batteries.

　　According to data from the Ministry of Industry and Information Technology, in the first half of this year, battery manufacturing enterprises above designated size nationwide completed a year-on-year increase of 0.4% in their main business income, and realized a total profit of 27.3% year-on-year. Among them, lithium-ion battery manufacturers have completed a year-on-year increase of 17.4 %, the realized total profit increased by 72.8% year-on-year.

　　As of now, a number of listed power battery companies have disclosed interim results. Among them, Shanshan shares net profit in the first half of the year was 611 million yuan, an increase of 413.79% year-on-year; Dongyuan Electric achieved total operating income of 890 million yuan in the first half of the year, an increase of 152.99 year-on-year. %; Achieved a net profit of 219 million yuan, a year-on-year increase of 214.16%.

　　Difficult to solve battery technical problems

　　Although the growth rate of new energy vehicles is accelerating, surveys show that about 70% of consumers believe that the current level of battery technology is the main obstacle to purchasing new energy vehicles. In fact, the power battery life, endurance, battery safety, and charging efficiency of new energy vehicles have always been the four major concerns of consumers when buying cars.

　　Xiao Han pointed out that battery technology is the core technology for car companies to develop new energy vehicles. The influx of capital can promote the progress of battery technology in my country; but if companies only focus on short-term returns on investment and do not focus on technological breakthroughs, these problems are still difficult to obtain To solve the problem, there will still be uneven battery quality in the industry. Focusing on the research and development of core technologies and manufacturing high-quality power battery products is the key to solving the problem.

　　The reporter found that in the first half of this year, major companies have increased investment in the field of power batteries in order to speed up the market for new energy vehicles, but more of them are capacity expansion and less investment in technology research and development.

　　Jianliang believes that compared with leading foreign companies, the gap in domestic power battery technology is still large. In addition, domestic research and development is mainly at the level of process improvement, and there is less forward-looking basic research and development, and it is difficult to develop and manufacture high-quality power battery products. Therefore, these problems are still difficult to solve in the short term.

　　It is worth noting that at present, power batteries account for a relatively high proportion of the cost of new energy vehicles, generally accounting for a quarter to one third of the cost of new energy vehicles, and some even account for half. A person from lithium battery companies told reporters that, taking BAIC New Energy EV200 as an example, battery costs account for almost half of the cost of the entire vehicle.

　　However, the data learned by the reporter from the industry shows that the current domestic power lithium battery price is 2~2.5 yuan/Wh, of which the low-end battery is about 2 yuan/Wh, and the high-end battery is about 2.5 yuan/Wh. The cost of South Korean power battery manufacturers such as LG and Samsung has fallen below 1.8 yuan/Wh.

　　With the influx of a large amount of capital, new power battery production capacity will be launched rapidly, market competition may further intensify, and lithium battery prices will usher in room for decline.

　　Jianliang analyzed that the price drop of power batteries is mainly due to factors such as market competition, economies of scale, decline in equipment and raw materials, and advances in production technology and technology. Competition in the power battery market has intensified market differentiation. In order to grab market share, small and medium-sized enterprises and new entrants may lower prices and sacrifice profits, resulting in a decline in overall power battery prices. Advantageous enterprises will achieve economies of scale by expanding production. Reducing battery costs also leads to lower prices.