Wednesday, 31 July 2013

Global Business Survey: Global and China Automotive Lithium Battery Market Growth 2013-2017


In 2012, the capacity of global lithium battery market was 33.5GWH with the growth rate of 30%; of which, the consumer electronics accounted for 88%, electric vehicles accounted for 11%, and energy storage and UPS accounted for 1%. The growth rate of consumer electronics was 23%, which was relatively stable; while the growth rate of electric vehicles was very fast and reached 163%.




In 2012, the global sales volume of new energy vehicle industry reached 1.5025 million units, increased by 79.65% year-on-year. As for different countries, the United States and Japan were still the world’s largest markets of new energy vehicles, China increased by 12,000 units over the last year, and the growth in European markets has slowed down.

In 2012, the domestic EV sales volume was 8,733 units, increased by 240% compared with 2,568 in 2011; the HEV sales volume was 5,101 units, compared with the blank situation in 2011, the growth was obvious; the sales volume of plug-in HEV was 1,201 units, increased by 95.9% compared with 613 units in 2011.

Huidian Research believes that in 2012, the scale of domestic lithium battery pack market in the fields of new energy vehicle, grid energy storage, special vehicle and communication base station has reached CNY 3.5 billion, increased by 34.6% over CNY 2.6 billion in 2011. Of which, the application in the aspect of new energy vehicle accounted for 57%, and became the largest demand field of power lithium battery industry. It is estimated that the market demand of lithium battery in new energy vehicle field will reach CNY 7.3 billion in 2013 with the growth rate of 265%; and this number will reach CNY 48.8 billion in 2017.


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