TU-TESL

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In 2019, ncm811's market share in China is growing rapidly, driving a substantial increase in ncm811 material shipments. As a unicorn in the field of high nickel positive materials in China, (688005) from ncm523 to ncm811, and then landing on the scientific and technological innovation board with the market leading advantage of high nickel positive materials, it has become a star enterprise in the field of positive materials. With the sharp financial decline of new energy vehicles, the new energy vehicle market is changing from policy support to policy supervision and market driven. In order to further improve the energy density and reduce the cost, the main engine plant and battery plant continue to pay more attention to the ncm811 battery, and realize the large-scale installed application of ncm811 battery in 2019. In 2019, ncm811 batteries will be supplied in batches by many battery enterprises including,,, delaneng, Penghui energy, etc. Among them, Ningde times has become the largest battery enterprise with the largest installed capacity of ncm811 battery in China by virtue of supporting GAC aion s, ES6, geometry a, Xiaopeng P7, u, Jinkang sF5, GAC aion LX, etc. The increase of installed capacity of ncm811 battery also provides a good development opportunity for rongbai technology. With the launch of several battery models equipped with ncm811 in the second half of the year, the shipment volume of high nickel materials of rongbai technology is expected to further increase. At present, the main sales force of rongbai technology is mainly ncm523 and ncm622, but the sales growth of high nickel ternary materials is the largest. According to the market share, rongbai technology accounts for more than 60% of ncm811 market. In terms of new products, since May 2019, the shipment volume of NCA products of rongbai technology power has reached 100 tons / month, and the market development will be strengthened in the future. Up to now, the single crystal series and high nickel series anode materials developed by rongbai technology have been used in many leading-edge products of famous battery manufacturers at home and abroad, such as Ningde times, LG Chemical, Tianjin Lishen, Funeng technology, and bick power, taking the lead. "First of all, new energy vehicles have become the development trend of automobiles; second, the comprehensive advantages of ternary in the field of new energy vehicles, especially passenger vehicles, are obvious and become the mainstream technology route; third, the trend of higher energy density and lower cost high nickel in ternary positive materials is also obvious. These three trends together, high nickel naturally become a very market development direction. It is understood that the first generation of ncm811 products of rongbai technology was developed in the laboratory in 2014; the performance of ncm811 products was improved through technological innovation in 2015; the small and medium-sized tests were completed in 2016; the breakthrough in mass production process in 2018 led to the realization of mass production and the supply of more than 5000 tons; the multiple growth of shipment in 2019 accounted for the first market share. According to Bai Houshan, the company's ncm811 high nickel cathode material has been a product with mature technology. In the next two to three years, high nickel products will still maintain a leading market share and become the company's main source of performance. While increasing the market share of high nickel materials, rongbai technology is still developing new products to maintain its competitive advantage in the field of positive materials. At present, rongbai technology is developing anode materials with nickel content higher than 90%. The company's research projects have included high-voltage nickel manganese materials, solid-state battery positive materials, sodium ion batteries and positive materials, lithium-rich manganese based materials and other cutting-edge products, striving to achieve the successful development and commercial application of one to two products in the next five years. Objectively speaking, although there are few enterprises capable of mass production and supply of ncm811 batteries, with the continuous decline of subsidies and intensified market competition, the requirements of the main engine plant for power battery performance and cost reduction will be further improved, so the demand for ncm811 batteries and materials will continue to grow. And rongbai technology will continue to lead the ncm811 market in the future with its advantages in product performance, scale and customer structure.