Chinese power battery market in April maintains a high degree of prosperity, although the year-on-year growth rate is amazing, compared to March it is relatively stable, the growth rate slowed down, the mainstream enterprises basically maintain saturated production, the space of capacity utilization rate increase is limited.
Price: by the fluctuations of the macro international environment and the difference of product's own supply and demand pattern, the price trend of domestic LIB materials in April significantly differentiated, of which lithium hexafluorophosphate, electrolyte, lithium salts, and other products rose in the lead; While NCM precursor, cobalt tetraoxide, as well as lithium carbonate and other materials declines. (Source: China Automotive Power Battery Industry Innovation Alliance)
数据来源：中国汽车动力电池产业创新联盟
CAM | Domestic CAM production growth slowed down in April
According to ICC LIB database, in April, the total output of the four major domestic CAM were 77,800 tons, an increase of 123.8% yoy, and a 4.0% increase month-to-month. Among which, the output of NCM materials was 29,800 tons, an increase of 116.3% yoy and 6.1% mtm; the output of lithium iron phosphate was 27,600 tons, an increase of 212.0% yoy and 6.2% mtm; lithium cobalt oxide was 0.81 million tons, a decrease of 8.7% yoy, and lithium manganese oxide was 12,300 tons, an increase of 3.8% yoy.
CAM| high nickel to continue strong Ni8x market share set a new high
According to ICC LIB database, in April the domestic high nickel NCM production increased considerably, the total amount exceeded 10,450 tons for the first time, reaching 10,450 tons, an increase of more than 300% yoy, and a small rise of 9.3% from the previous year. Accompanied by the release of high-nickel NCM, the domestic market share of high-nickel NCM in April has reached 35.1%, of which the Ni8x market share reached 33.3%, and from the future production arrangements of each manufacturers, the share of high-nickel NCM will continue to rise.
New Energy Vehicles | China Association of Automobile Manufacturers (CAAM): Domestic sales of new energy vehicles in April is 206,000 units, an increase of 238.9% yoy.
According to the China Association of Automobile Manufacturers (CAAM) data: in April 2021, domestic new energy vehicle sales is 206,000 units, an increase of 1.8 times; of which 171,000 units of pure EV sales, an increase of 2.2 times; PHEV sales reach 35,000 units, an increase of 70.8%. Jan.-April cumulative sales is 732,000 units, an increase of 2.5 times.
Power Battery| Installed capacity of domestic power battery in April was 8.4GWh, up 224.8% year-on-year
According to the China Automotive Power Battery Industry Innovation Alliance: in April 2021, China's power battery installed capacity totaled 8.4GWh, up by 134.0% yoy. NCM batteries, LFP batteries installed capacity are respectively 5.2GWh and 3.2GWh, up by 97.3% and 244.5% yoy.
Small power battery | January-February domestic production of 3.185 million e-bike, up by 81.7% year-on-year.
According to data from the Ministry of Industry and Information Technology (MIIT), in January-February 2021, the domestic production of e-bikes was completed at 3.185 million units, up by 81.7% yoy.
3C Digital | Domestic cell phone shipments of 27.486 million units in April, with 5G accounting for 77.9% of total shipments
According to China ICT, in April 2021, the overall domestic cell phone shipments amounted to 27.486 million units, down by 34.1% yoy; among them, the domestic 5G cell phone shipments amounted to 21.42 million units, accounting for 77.9% of the cell phone shipments during the same period. during the period of January-April, the overall shipments in the domestic cell phone market totaled 125 million units, an increase of 38.4% yoy.
Power Tools | Domestic Power Tools Output of 60.158 Million Units in Jan-Mar, Up 59% yoy
According to the National Bureau of Statistics (NBS), in January-March 2021, the domestic production of electric handheld tools amounted to 60.158 million units, a year-on-year increase of 59%.
