Are batteries a strategic emerging industry?

On December 19, 2016, the State Council released the “13th Five-Year Plan for the Development of National Strategic Emerging Industries”, in which the NEV industry was included in the development plan for strategic emerging industries . It shows that batteries, as the power source of NEVs, will be increasingly important.

Which enterprises have emerged in the battery component field?

As a result, several key enterprises have emerged in each of the battery component fields including Easpring and Ronbay in anodes, Shanshan and BTR in cathodes, Capchem, and Tinci in electrolytes, and Shenzhen Senior and Yunnan Energy New in separators (Industry representative 12).

Why is the battery industry a market-driven industry?

The battery industry is market-driven, and the lack of understanding of the market demand can only cause these small and medium-sized power battery enterprises to suffer a fatal blow and withdraw from the market. At the same time, the existence of these enterprises also disrupts the market order of the entire battery industry .

Why is China developing the NEV battery industry?

As the largest developing country, China has been adhering to the spirit of “pursuit of excellence” and has invested a lot of manpower and material resources in science and technology innovation, and the NEV battery industry is just one of the projects. The Chinese government has introduced support policies to develop this industry successively.

What was the battery industry like in the 2000s?

In terms of the guidance of the search (F4), the first half of the 2000s featured the development of relatively low energy density, and technologically less demanding battery technologies such as the Lithium Cobalt Oxide (LCO) and Lithium Manganese Oxide (LMO) batteries.

How important are batteries in the development of Nev industry?

clarified the importance of batteries in the development of the NEV industry. In 2009, the state promote 10 new cities and 1,000 new energy v ehicles for each city every year. Since then, China's NEV industry has entered a period of ra pid development. just like Figure 1 shows. Figure 1. NEV Sales and Battery Installed Capacity increase of 45.8%.