Breakdown of the European battery market -Lithium - Ion Battery Equipment

Material technology and output are obviously lagging behind - the breakdown of the European battery market -Lithium - Ion Battery Equipment



In recent years, with the improvement of environmental protection awareness and the active promotion of governments of various countries, the European electric vehicle industry has achieved rapid development, which has also brought good opportunities for the development of the upstream battery and lightweight material industries of the electric vehicle industry. However, the performance of European companies in the investment and development of the battery industry is clearly behind. Such a disconnect has made them taste the bitter fruit, and it also gives companies outside Europe the opportunity to expand the European battery market.(Lithium - Ion Battery Equipment)

Lithium-ion batteries are developing rapidly in the electric vehicle market

The European EV market is growing faster than industry forecasts. According to data from the 28 EU countries, Norway and Switzerland released by the European Automobile Manufacturers Association, in the first three quarters of 2018, the sales of electric vehicles (including plug-in electric vehicles and pure electric vehicles) in the above 30 countries reached 273,000 vehicles, up 35.4% year-on-year, accounting for 2.1% of newly registered cars. At the same time, the overall ownership of electric vehicles has also exceeded 1 million, and will keep rising in the next few years. Sales of gasoline-electric hybrid vehicles reached 460,000 units, a year-on-year increase of 34.3%.

From another perspective, although the current proportion of electric vehicles in Europe is less than 2%, if the strict measures to eliminate fuel vehicles in various countries can be fully implemented, the market share of electric vehicles in Europe may rise to 40% by 2030 .

In general, European countries have a positive attitude towards the development of electric vehicles. Most notably Norway, where subsidies are generous: no purchase tax on electric cars, no 25% value-added tax, and even no tolls. Encouraged by policies, Norway currently registers one-fifth of new cars registered each year as pure battery-powered vehicles, ranking first in Europe and making this small European country the third largest country in the world in the number of new energy vehicles.

Other major European countries also have grand plans for the development of electric vehicles. Powerful countries in the auto industry such as Britain, France, Germany, and Italy all have 50% to 60% increase in sales of electric vehicles. The UK plans to have at least 50% of cars and 40% of vans reach ultra-low emissions by 2030, and ban the sale of new cars driven by traditional internal combustion engines before 2040; France intends to increase sales of electric vehicles by 2020 to five times the current level; Germany Both China and Italy plan to have 1 million electric vehicles on the road by 2022. At the same time, almost all countries in Europe are vigorously promoting the construction of charging facilities.

Of course, the plans of European countries may not be fully realized, but European industry insiders hold the view that the European electric vehicle related market is a rising market with high certainty, and the battery industry closely related to the electric vehicle market will also become A high rise industry.

The battery industry is relatively backward

Regarding such a market that is sure to make money without losing money, relevant companies will of course flock to it. However, despite the European policies in place, the rapid development of the market, and the active cooperation of car companies, the European battery-related industry has not achieved the rapid development of the electric vehicle industry. In 2018, the British "Financial Times" gave such a set of data: At present, about 80% of the world's existing and planned battery production is in Asia, my country alone accounts for 69%, the United States accounts for 15%, and the European Union accounts for less than 4%. . In 2018, when the battery industry is developing rapidly, the battery industry in Europe is clearly lagging behind.

That's not to say Europe isn't an investment hotspot for the battery industry. In fact, there is quite a lot of investment in the European battery and battery materials category. But the rise in production in the European battery industry is almost entirely dependent on Asian companies. In terms of battery materials, companies from Japan, South Korea and the United States have almost monopolized most of the battery material technology and production in Europe.

Chemical companies underinvest in Europe

Regarding chemical supporting materials that are crucial to the development of the battery industry, traditional European established chemical companies have not done much in Europe, and it is difficult for Europe to become a production center for battery materials in the near future.

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