China's new energy vehicle production and sales data has been growing rapidly in the past two years. The previous forecast of the China Automobile Association shows that the domestic sales of new energy vehicles will reach 5 million in 2022, which will achieve a year-on-year growth of 47%, far exceeding the overall market. According to the forecast of the China Automobile Association, although the overall domestic auto market sales in 2022 can achieve positive growth, the growth rate is only 5.4%. New energy market sales are growing rapidly, and the supply pressure of the supply chain is also growing rapidly. Some insiders have said that the huge increase in demand and the repeated impact of the epidemic have led to a very tight supply of lithium iron phosphate batteries in the domestic automobile industry. This is also an important reason for the current shortage of many new energy vehicles.
In addition, judging from the number of new registrations of related companies, the number of new entrants in the lithium battery industry in the past two years has dropped significantly compared with previous years.
According to the company’s data, there are currently 25,000 existing domestic companies with the keyword "lithium battery", of which about 11,000 are in Guangdong. From the perspective of urban distribution, Shenzhen, Dongguan and Yangzhou are the main concentration of lithium battery companies. area.