The new energy automotive industry has recently been good. Recently, the Shanghai municipal Inspiron 6400 government issued a "new energy on the promotion of Shanghai Automotive Industry Development of policies and regulations," through funding, tax incentives, government procurement, preferential policies, etc., to build Shanghai as China's new energy vehicles center. Shenzhen recent introduction of new energy vehicles will be related policies.
"The new low-carbon economy, energy car is an important part in alleviating the contradiction between energy supply and demand at the same time, it will promote sustainable economic development." Kunimoto weeks Seagull Securities researcher said, "new energy vehicles involved in 36 industries, related to the tens of millions of jobs have been a number of car-producing countries as a breakthrough in revitalizing the economy. "

Released in March this year, "the automobile industry restructuring and revitalization of planning" in the development of new energy vehicles set broad targets - the next three years, China will form a 500,000 hybrid electric plug-in hybrid and the general type of new energy vehicles capacity. By 2012, the new production vehicles, there will be 10% energy-saving and new energy Inspiron 8600 vehicles, new energy vehicles are expected to reach 500 billion yuan output value.

The new energy electric vehicle according to technical route points, mainly including hybrid electric vehicle (HEV), a pure electric vehicle (EV) and fuel cell vehicles, including high-performance energy storage battery is the core of the new energy automotive parts and components, is a power source for electric vehicles, At present main products are lithium-ion batteries and nickel-metal hydride batteries. Japan leads the world in the field level, the domestic capital, technology and scale, compared with the advanced countries there is still a certain gap.

Analysts said short-term attention should be given a more mature technology, nickel-metal hydride 8N544 batteries. But in the long run, better performance of lithium batteries advantages and potential. So from a technical point of view, the short term the development of new energy vehicles will be hybrid vehicles mainly pure electric vehicles will be mainly medium and long term and ultimately the formation of pure electric vehicles and fuel vehicles coexist.

From the current industrial layout view, electric cars and electric buses will be the first to start. China engaged in R & D and trial production of electric cars more companies, including BYD, Dongfeng, Chery, FAW and other companies have products off the assembly line, with the large-scale production continued to deepen, the price of the current obstacles to their development Inspiron 8500 constraints will gradually weaken the . In the electric passenger car, the China in the study of pure electric passenger vehicles have a lead level of competition in the future advantage.

Zhou seagull said the new energy vehicles plate a bright future, and carries a long-term investment opportunities. From an investment perspective, investors should focus on a core technology and competitive advantages, as well as benefit from the national industrial policy, large, with a clear increase in the expected performance Latitude D800 of the company.

2009 from January to November, China's battery industry's accumulated industrial sales INSPIRON 2650 output value increased by 6.11%, an increase compared with January-October increased 5.46 percentage points; cumulative production and marketing rate of 96.63%. Accumulated export delivery value fell 11.46 percent, a decline of more than narrowed 1.04 percentage points from January to October. October month, the battery industry, the completion of industrial sales output value increased by 27.6%.

From January to November, production of lead-acid batteries accumulated growth of 20.4% year on year, an increase compared with January-October increased by 2.6 percentage points; alkaline batteries accumulated production fell 20 percent, a decline from January to October compared with narrowed 0.6 percentage points; lithium-ion battery production accumulated INSPIRON 2600 growth of 0.2% year on year increase than in January-October fell 0.9 percentage points; primary cells and primary batteries accumulated production fell 6.6%, a decline compared with January-October narrowed 2.2 points.
Shi introduced rechargeable batteries power three times as much zinc oxide lithium battery
Switzerland ReVolt company recently introduced a rechargeable zinc-oxide 312-0292 batteries, build capacity lithium battery 3 times, and cost only half of its lithium batteries. ReVolt The company plans next year, such small-scale batteries for hearing aids, and then extended to mobile phones and electric bicycles, the last may be applied to electric vehicles.
According to Yale University web site reports that this technology is based on Science and Technology Industrial Technology Research Institute Norway (SINTEF) design. Ordinary batteries containing reactant internal energy, while the zinc-oxygen cell using activated carbon adsorption of oxygen in the air as the cathode active material, zinc as the anode, to rely on ammonium chloride or caustic soda solution as the electrolyte. Compared with conventional batteries, zinc oxide battery is not easy explosion, build capacity is Inspiron 2200 greater.

ReVolt company said rechargeable battery to overcome the traditional zinc oxide zinc oxide battery a number of serious shortcomings, such as multiple charge the battery several times after power-on failures.

In addition, the company has also mastered the ReVolt in the electrolysis process to reduce the loss of electrode technology. Company CEO James? Mike Tao plus (JamesMcDougal) said that such a zinc-oxide cell battery can be recharged 100 times or more. He hoped for mobile phones and electric bicycles before the number of charge cycles can be achieved between 300 and Inspiron 1000 500 times.

By the international financial crisis, General Motors, Chrysler and other auto giant suffered heavy losses. To be born again, Laptop Battery car prices on the one hand cut through layoffs, selling assets, such as Brokeback to survive, while sparing no effort in the development of new energy vehicles in order to carry a downturn, China's new production cars by 2012 there were 10% of energy-saving and new energy vehicles The goal is clear-cut. New energy electric car the most important components is the driving force batteries, electric motors and energy conversion control systems, while the power battery to achieve fast charging, security and other high-performance, high technical threshold, but also the most concentrated part of the profits.

The new energy vehicles demanding on the battery, you must have a high specific energy, high specific power, fast charging and deep discharge performance, and requires the cost as low as possible, the use of Shou as long as possible. The traditional lead-acid batteries, nickel-cadmium batteries and nickel-metal hydride battery technology itself is relatively mature, but they are used in automotive batteries as a power, then there exists a larger problem. At present, more and more car manufacturers to choose from Presario 2100(compaq 2100) lithium batteries as a new energy car battery power.

Li-ion battery has the following advantages: small size, light weight, high voltage (which is nickel-cadmium batteries, nickel-hydrogen batteries 3 times) than the energy of large (up to 165WH / kg, nickel-hydrogen batteries 3 times), loop-shou long, self-discharge rate is low, no memory effect, no pollution, safety and good.

Development of power lithium battery

The future of new energy vehicles gradually replace traditional gasoline car has become a consensus of countries to develop the automotive industry, as a core component of the motive power by businesses and investors are more optimistic. Power battery is the key to the development of new energy vehicles: hybrid electric vehicle is the best transitional product, but a pure battery-powered cars is the future direction of development, core technology, a breakthrough in battery technology. At present many well-known car manufacturers are working to develop 319411-001 battery-powered electric vehicles, such as Ford, Chrysler, Toyota, Mitsubishi, Nissan, Hyundai, France, Courreges, Ventury so. While the domestic car manufacturer BYD, Geely, Chery, Lifan, ZTE and other car firms also have their own hybrid and pure electric vehicle powered by lithium battery power.

China's new energy automotive battery industry, Europe and the United States began late in the day, but the development is very fast, in the lithium battery research and development has also invested a great deal of financial and material resources. 863 plans to set up an electric vehicle major projects, Institute of Physics, Chinese Academy of Sciences, Beijing Nonferrous Metal Research Institute, China Electronics Technology Group Corporation 18th Research Institute, and other units participating in the project were the development of EV and HEV with two types of motive power batteries, Some units have adopted a security system of cathode active materials of manganese. "Eleventh Five-Year",F4812A 863 electric vehicles on the major projects also HEV, PHEV (plug-in hybrid vehicles), FCV (fuel cell vehicle) with power lithium-ion battery and battery research and development of key materials for support.

Bottleneck in the development of lithium battery power

Currently impeding the development of lithium-ion battery power bottlenecks are: safety performance and vehicle power battery management system.

Safety performance, because the lithium-ion battery with energy density and working temperature is high, poor working conditions and other reasons, coupled with the safety of people-oriented concept, so the battery safety of users made a very high demand. Auto power battery management system, since the vehicle power battery voltage is 12V or 24V, but a single power lithium-ion battery voltage is 3.7V, the battery must be by a number of series and increase the voltage, but because of the battery is difficult to achieve completely homogeneous charge and discharge, leading to a number of battery packs in series within a single battery charge and discharge occur imbalance, the battery charge will appear under and over-discharge phenomenon, and this situation will lead to a sharp deterioration in F4809A battery performance and ultimately resulted in the entire group of cells does not work, or even scrapped, thus significantly affect battery life and reliability.

China auto industry analyst with investment advisers that Sheng-mao, power lithium-ion battery to get a good application, which is technically required from the material, batteries, management systems, taking into account the mechanical processing and other aspects. Therefore, the need for upstream and downstream enterprises to work together with the battery as the core of the material, the management system requests formation of an industry group, more conducive to technological advances and system costs.

Power lithium battery industry and company analysis

Lithium battery materials can be divided into electrode (positive / negative) materials, separator and electrolyte. Li-ion battery cathode material is the core of the current lithium cobalt oxide, lithium manganese, lithium and nickel-cobalt-manganese-based lithium iron phosphate. Ze Yi graphite anode material, F4098A solid carbon particle-based; in the middle of positive and negative electrodes while the battery electrolyte and separator.

1. Cathode Materials:

Prior to this, the reason why the cost of lithium batteries is higher than nickel-metal hydride batteries, the main reason lies in its use of cathode materials based on precious metals as raw materials cobalt lithium cobalt oxide, lithium manganese oxide and lithium iron phosphate is more obvious because of cost advantages; however, and lithium manganese compared to the capacity of lithium iron phosphate higher density, the former 100-115mAH / g, the latter 130-140mAH / g; charge and discharge are living longer, the former is 500 times more than the latter up to 1500 times above; operating temperature range greater, the former from 0 to 50 ℃, which was -40 to 70 ℃. Thus, in lithium-ion batteries, lithium iron phosphate batteries the most promising.

In the lithium battery industry chain, the current capacity comparison, due to high barriers to entry,
Hp laptop battery lithium battery cathode material is the smallest capacity, which is the whole industry chain, the most promising aspect. Cathode materials currently in production companies are: China Baoan, CITIC Anhe Shanshangufen, BYD.

Shanshangufen (600,884): The company controlled by Shanghai Shanshan Science and Technology, lithium-ion battery cathode material sales revenue has become the largest the world's top three of the cathode material suppliers. However, its gross margin in 2008 was lower than the industry should have a minimum level, gross margin was only 14.21%. It is understood that Shanshangufen lithium cathode material, its production capacity both lithium and cobalt-manganese, lithium is not the industry's most promising lithium iron phosphate, but technically do the tracking. Cathode materials, high-profit, Shanshan was "only income not do profits", the negative electrode materials have technical advantages, but a lower gross margin less than the level of support for 4834T the overall performance of Li-ion battery production.

CITIC Guoan (000,839): As the owner of a small lithium battery industry two key links in the chain - upstream and downstream of the lithium carbonate lithium-ion battery company. Qinghai CITIC Guoan currently holds 99.375% stake in national security, mainly engaged in Qinghai Salt Lake, West taijnar lithium, potassium, boron, magnesium and other resources of the comprehensive development. West taijnar Salt Lake Qaidam Basin is located in the middle, according to design capacity calculations, the above resources available to the company for at least 25 years of mining, the potential economic value of 170 billion yuan. Addition to the upper reaches of lithium resources, holding 90% of CITIC Guoan, a subsidiary of CITIC Guoan Mengguli company, is currently the largest lithium-ion secondary battery cathode material of lithium cobalt oxide and lithium manganese oxide production enterprises, accounting for lithium cobalt oxide Products for 40% of the domestic market share.

China Baoan (000009): The company has equity participation 2834T Tianjiao Technologies is a set of lithium batteries are grade material research and development, production and sales of high-tech enterprise, the company's leading product is the current nickel-cobalt-manganese lithium battery cathode material (cathode triple materials).

2. Cathode Materials:

Compared with the cathode material, anode material for lithium battery costs accounted for the proportion of low-and domestic-oriented industries has been realized, the negative electrode materials, graphite, solid carbon particle-based. Currently engaged in lithium battery cathode material production enterprise in China, the top three national security, Shanshangufen, Long Sand Sea capacity, at present anode material able to basically meet the needs of the domestic market, but with the increasing popularity of new energy vehicles, the future market for this one a huge gap in demand will occur.

China Baoan (000009): Shenzhen Baoan Bei Terui is 55% owned subsidiary, is the carbon anode materials for lithium battery standard-setter. Latitude LS Of its production capacity of carbon anode material is 6,000 tons / year, the price of 6 yuan / ton, up to 80% market share, ranking second worldwide. Clients include Panasonic, Hitachi, Samsung, TCL, BYD, etc. more than 130 manufacturers. In 2008, Bei Terui the acquisition of Tianjin Railway Prudential to carbon anode materials for cost reduction by 30%. Although a subsidiary of battery materials business is booming, but the overall size of the market by the restrictions on listed companies in China Baoan, the contribution from the performance of battery materials is difficult to rely on. China Baoan main business is real estate, medicine, first half of 2008 accounted for more than 90% of income, including lithium, including other income accounted for less than 9%.

Shanshangufen (600,884): Bei Terui Shanshangufen is a great competitor. Owned subsidiary of the company, Shanghai Shanshan Science and Technology, 1,200 tons of production capacity anode material for lithium batteries - mesophase carbon microspheres (referred to as CMS). CMS project is a national 863 high-tech research and development projects, has been listed as a national high-tech industry demonstration projects. In recent years, the company's lithium-ion battery materials industry continued to show a trend of rapid development, including new products, MGS and negative FSN-1 in the mass market to achieve a good post-sales. Currently, the CMS Shanshangufen price of 10 million yuan per ton, the annual capacity of 1,200 tons.

Long Sand Sea Capacity: Changsha Hairong Electronic Materials Co., Ltd. was established in November 2004, is dedicated to high-end lithium-ion battery anode material for research and development, production and marketing of high-tech enterprises. The company has formed SKG, CAP, MGM, MCP, PBA and other range of products suitable for square, cylindrical, polymer, power and other lithium-ion battery, the leading product SKG, CAP series of high-end materials and negative PBA series of power negative electrode materials have been clients at home and abroad alike. Company's production capacity has reached 2000 tons, the sales network in mainland China, Taiwan, Japan, Korea, Germany and Canada and other places.