Lithium battery prices gradually reduce market share

Since the explosion of the lead storage battery industry last year, the market share of lead-acid batteries has shrunk sharply. Lithium-ion batteries that have not been favored by the market because of high prices have been rapidly put on the market. In addition, market research shows that lithium-ion battery prices are gradually declining in recent years. The difference between the price of lead-acid batteries and their shrinking trend has prompted the lithium battery to gradually replace lead-acid batteries in some areas. The lithium battery industry will face an overall investment opportunity in the future.

Despite years of development, China's lead battery industry system has basically taken shape and showed a rapid development trend, and it has also achieved considerable breakthroughs in environmental protection, but due to the large number of production businesses, small scale, serious pollution, and poor quality The existence of various kinds of unfavorable factors, such as incompatibility, makes it difficult to solve the pollution problems caused by lead battery enterprises in the production process. Therefore, the shrinkage of the lead battery market has become inevitable.

Compared with lead-acid batteries that are difficult to properly solve pollution problems, lithium batteries, as a recognized ideal chemical energy source, have various advantages such as small size, large capacity, and high voltage, and have been widely applied to mobile phones, laptops, and other various types of batteries. Among electronic products, at the same time, with the ever-increasing electric vehicle industry, lithium-ion batteries will also bring more room for market development.

Before the development of lithium battery market has been quite slow, mainly due to its higher price compared to lead-acid batteries, but in recent years, the price of lithium batteries is declining, further increasing the market competitiveness of lithium batteries, and "electric The "12th Five-Year Plan" for the development of automotive science and technology has been formally released, which more clearly demonstrates the development direction of China's new energy vehicles and provides a guarantee for the rapid development of the lithium battery industry in the future.

Nowadays, China's new energy vehicles have made considerable progress in technological advancement and industrialization. In the future, lithium batteries will occupy more than half of the electric vehicle market, and lithium battery concept stocks will soon be detonated.