With the rapid expansion of the global new energy vehicle market, as one of the core components of new energy vehicles, the battery has become the key to the competition between major automobile enterprises and suppliers.
According to the current situation of new energy vehicle battery market, suppliers such as LG Chemical, Ningde times, Panasonic and Samsung SDI have occupied the majority of the market.
Recently, according to foreign media reports,LG Chemical is seeking to continue to expand its battery production line this year, and the company plans to expand its annual capacity from 100-120 GWH (end of 2020) to 260 GWH per year, which will be achieved in 2023.
What is the concept of 260gwh battery per year? Some professionals said thatThat's enough to supply about 5 million pure electric vehicles with power batteries.
To achieve this ambitious goal, LG Chemical is siting a new power battery plant in Europe, the report said. At present, LG Chemical has two battery plants in Europe, both located in Poland, with an investment of 1.5 billion euro and an annual output of 65gwh.
At the same time,LG Chemical is in talks with a number of automobile manufacturers, hoping to establish joint ventures to produce electric vehicle batteries.
The LG Chemical has established two joint ventures, one from China (50:50) and the other from the United States (50:50), which plans to produce more than 30 GWh, in northeast Ohio). The joint venture will be built in their respective countries, which will improve the battery supply stability of the corresponding car companies.
According to the latest data from SNE research, a market research organization in South Korea, from January to August this year,LG Chemical's global power battery installed capacity is 15.9gwh, ranking first in the industry with a market share of 24.6%; Ningde times ranks second with an installed capacity of 15.5gwh, with a market share of 24%.
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