NEO Battery Materials’ Post

China Installed 62.9% of Global Power Batteries in 9M2023 The latest data from SNE Research suggest that for the first nine months of 2023, among the world’s top 10 companies by power battery installed capacity, Chinese companies occupied 6 seats, claiming 62.9% of global market share. CATL topped the list with 178.9GWh, accounting for 36.8% of share among global battery suppliers, while BYD ranked second with 76.6GWh.@WBE

Top Battery Manufacturers in The Voltt 🔋 Over the past two years, About:Energy has collected data on more than 200 cells, procured many of these, and spent months, even years, testing them in our labs. Many of the same batteries are used by different companies, resulting in testing and modeling efforts being replicated. 1️⃣🏆 and 2️⃣🏆. With approximately 65% of European automotive batteries coming from Korean manufacturers, it's not surprising that Samsung and LG are at the top of the list. Having recently returned from Seoul and met with their teams, the number of these cells we spotlight will significantly increase. 3️⃣🏆 EVE Energy ranks as a close third, with many companies seeking well-performing, lower-cost alternatives, evidencing a trend we have observed. The recent announcement of a likely gigafactory investment in the UK will further reduce the barriers to using these cells in Europe. To date, our efforts have primarily focused on batteries widely used within the European and American automotive and high-performance industries. However, we are witnessing demand from various niches! What other manufacturers should we consider? Projects involving prismatic cells, next-generation chemistries, and European manufacturing are in the pipeline. Sign up to The Voltt to reduce your in-house testing efforts: https://lnkd.in/eYVpgucJ

Great insights from this article: great opportunity ahead in Europe and North America to localize battery cell components. The challenge: high barrier to entry (investment but also funding are available) and Asian-based incumbent probably a step ahead.

How Germany lost PV to China is Beginning of the Automobile Industry Leadership Shift Germany's loss of leadership in the photovoltaic (PV) industry to China marks a significant shift in the automobile industry landscape. Key factors contributing to this transition include early leadership in the 2000s, high production costs, Chinese government support, technological advancements, global market dynamics, trade disputes, a shift in focus, as well as consolidation and bankruptcy within the German PV sector. This shift highlights the importance of adapting to changing market dynamics and technological advancements to maintain a competitive edge in the global market. #PVindustry #AutomobileIndustryLeadership #Germany #China

Benchmark Webinar - China's #EV Supply Chain 🚘 China's EV Supply Chain: Partnerships, Prices and Prospects for 2024 Thursday 29 February 07:00 or 15:00 (GMT) Register for your chosen session ➡ https://lnkd.in/eScCNudg Senior Benchmark experts Albert Qi Li, Annie Li and Will Talbot will answer these questions and more: 🔸 What is China’s #EV reality for 2024 and beyond? 🔸 How might slower growth in China impact our markets? 🔸 With U.S. OEMs slowing EV targets, how is China preparing to serve global markets? Please register with your business email address. Personal email addresses, consultancies and other data providers will not be granted access to the webinar. #lithiumion #electricvehicle #energytransition

China Installed 62.9% of Global Power Batteries in 9M 2023. The latest data from SNE Research suggest that for the first nine months of 2023, among the world’s top 10 companies by power battery installed capacity, Chinese companies occupied 6 seats, claiming 62.9% of global market share. CATL topped the list with 178.9GWh, accounting for 36.8% of share among global battery suppliers, while BYD ranked second with 76.6GWh. #WBE #Battery #Energystorage

In just a few short years, the landscape of the lithium-ion battery market in the USA has undergone a remarkable transformation! In 2019, there was less than a handful of lithium-ion battery factories in the USA; fast forward to today, and we are witnessing a surge with ~ 30 factories either in the planning stages, under construction, or fully operational. We are steering towards a future where the USA becomes a powerhouse in the supply and manufacturing of this vital energy storage solutions. The days of China's monopoly are fading as we embrace "Made in America" battery cells, packs, and systems. What great opportunity for jobs, innovation and prosperity here!

🔋🔋⚡️ Battery testing alert! ⚡️🔋🔋 We are proud to highlight exciting developments at SERMA Group, our portfolio company and electric mobility industry leader. By year-end, SERMA Group will become one of the World’s largest battery and e-mobility testing hubs with a surface area of 17,000 m2! From these 4.0 state-of-the-art centers, SERMA conducts crucial electrical and abuse tests on batteries. Following the signature of a 6-year strategic partnership with leading battery and EV module manufacturer, ACC - Automotive Cells Company, SERMA Group will open a brand-new 6,500m2 test center close to Bordeaux in 2025. SERMA will thus solidify its role as a leader in the electric vehicle battery landscape. ACC operates from multiple locations across Europe, including most recently, from their newest R&D Expertise Center in Bordeaux. This marks a significant stride in the company’s energy business growth, advancing efforts to propel electric mobility in France and beyond. To learn more, click here → https://bit.ly/3SwUPZT #Expansion #ElectricMobility #EV Arnaud DUFER Maxime Séquier Pierre Peslerbe

[Insight into the Automotive Industry] Accelerating the Layout of New Tracks to Shape the Future of the Global Automotive Sector. Focusing on Frontiers such as Smart Connected Vehicles and New Energy, Exploring Opportunities and Challenges in the Face of Industrial Transformation. Amidst the wave of a new technological revolution and industrial transformation, the focus on cutting-edge fields such as smart connected vehicles and new energy has become a pivotal point for exertion. Today, we summarize the latest industry developments, witnessing the rapid progression of the automotive sector together. The National Industrial and Information Technology Department's meeting was convened in Beijing, emphasizing the acceleration of cultivating new pillars and tracks to inject new vitality into the automotive industry. The State-owned Assets Supervision and Administration Commission is guiding central enterprises to take a leading role, with an estimated total investment of over 3 trillion yuan in equipment upgrades expected over the next five years, propelling industrial upgrading. Record highs in the recycling of end-of-life vehicles demonstrate the significant impact of the vehicle scrapping and renewal subsidy policy, promoting green industry development. Chongqing's new energy vehicle production growth rate leads the nation, showcasing the robust momentum of China's new energy vehicle industry. Hesai Technology has reached mass production cooperation for LiDAR with international OEMs, accelerating the deployment of intelligent driving technologies. Contemporary Amperex Technology Co. Limited (CATL) expects further increases in capacity utilization, with the large-scale deployment of the Enerphos and Kirin batteries, driving the development of the power battery industry. Chongqing issues policies to promote the application of hydrogen fuel cell vehicles, supporting green transportation initiatives. China Construction First Bureau wins the bid for a new energy project in Xinjiang, promoting the development of the green hydrogen industry. Guangdong Provincial Development and Reform Commission releases guidelines on the configuration of energy storage for new energy power generation projects, optimizing the energy mix. The 12th Shanghai International New Energy Vehicle Technology and Ecosystem Expo (NEAS CHINA 2024) is set to convene from August 2nd to 4th at the Shanghai New International Expo Center, collectively strategizing for industry development. #AutomotiveIndustry #NewEnergy #IntelligentDriving #IndustrialUpgrading #GreenDevelopment #GlobalPerspective