Capacity distribution of power battery companies in China in 2022

Capacity distribution of power battery companies in China in 2022

At present, China’s existing power battery production capacity is mainly concentrated in East China, Southwest China, and Central China.

From the perspective of the investment layout of the head companies Top 10 power battery companies, the future power battery production capacity will still be concentrated in East China, Southwest China, and Central China, and the concentration will be further improved.

In recent years, with the implementation of environmental protection, energy conservation and emission reduction policies, and the background of carbon peaking and carbon neutralization, industrial upgrading and low-carbon sustainable development are the future development directions of all walks of life and social life.

Among them, the development of new energy vehicles is an important measure to achieve carbon emission reduction goals in the transportation field. Thanks to the strong promotion of the government and the continuous efforts of the industry, new energy vehicles have shown a good growth trend and have become an important force in China’s green, low-carbon, energy-saving and emission reduction, and speeding up the adjustment of the energy industry structure.

Power lithium battery shipments and forecast in China

In 2021, China’s new energy vehicle sales will reach 3.521 million, a year-on-year increase of 1.6 times. The rapid growth of the new energy vehicle market has effectively driven the expansion of the power battery and materials market.

In 2021, China’s power battery shipments will be 226GWh, a year-on-year increase of 182.5%. It is predicted that China’s power battery shipments will reach 2230GWh by 2030, and the market space is huge.

2015-2030 China Power Lithium Battery Shipment and Forecast

Regional distribution of power battery production capacity in 2021

From the perspective of regional layout, East China is currently the concentrated area of power battery production capacity. By the end of 2021, the production capacity has exceeded 300GWh, accounting for more than 60%;

Next is the southwest region. Thanks to the rapid development of the power battery industry in Sichuan Province, the power battery production capacity in the southwest region ranks second in China, accounting for 12%, followed by Central China, Northwest China, South China, and North China.

In addition, the power battery industry in Northeast China started late. In February 2022, the first power battery factory (BYD) officially started construction.

Regional distribution of power battery production capacity in 2021

East China

East China includes 8 provinces and cities including Shanghai, Jiangsu, Zhejiang, Anhui, Fujian, Jiangxi, Shandong and Taiwan. Due to its rich product resources, developed commodity production and complete industrial categories, it is now a comprehensive enterprise in China. The most technologically advanced economic zone.

Its regional GDP accounts for more than 38% of the country’s total (2021 national statistics, excluding Taiwan Province), and it is also the region with the most concentrated power battery companies and production capacity.

Distribution of power battery companies in East China

Jiangsu Province is the province with the highest current production capacity of power batteries in China, with a production capacity of nearly 150GWh, and has well-known enterprises such as CATL, CALB, and GOTION HIGH-TECH leading in TOP 10 lithium iron phosphate power battery manufacturers.

Followed by Fujian Province, thanks to the layout of the Ningde Times headquarters base in Ningde City, the current production capacity of power batteries is nearly 140GWh, and the enterprises are mainly CATL and CALB.

The current production capacity of power batteries in Zhejiang Province is above 15GWh, and the enterprises are mainly REPT. The existing production capacity of power batteries in Anhui Province is above 10GWh. The main enterprises are BYD and GOTION HIGH-TECH.

The current production capacity of power batteries in Jiangxi Province and Shandong Province is less than 10GWh, but in the future, as CATL, BYD, Sunwoda, Farasis, CALB and other enterprises are successively completed and put into production/expansion, the production capacity will have a substantial increase at that time.

South-west China

Distribution of Power Battery Enterprises in Southwest China

Southwest China includes 5 provinces, municipalities and autonomous regions including Chongqing, Sichuan, Guizhou, Yunnan and Tibet. Thanks to the investment layout of Yibin City and Suining City, Sichuan Province has developed rapidly the power battery industry, attracting companies such as CATL, SVOLT, EVE, CALB, and Sunwoda to compete for layout.

At present, the existing production capacity of power batteries mainly comes from CATL production capacity. In the future, as power battery companies put into production one after another, the power battery production capacity in Sichuan Province will exceed 350GWh.

Thanks to BYD’s layout, Chongqing City and Guizhou Province have a total power battery capacity of 30GWh. Among them, Chongqing is 25GWh, which comes from BYD’s capacity layout. Guizhou Province is mainly a 5GWh project of BYD Guiyang Base. In the future, with the commissioning/expansion of CATL and BYD in Guizhou Province, the power battery capacity of Guizhou Province is expected to reach 85GWh.

Central China

Distribution of power battery companies in central China

Central China includes three provinces, Hunan, Hubei and Henan. Relying on mineral resources, Hunan Province is mostly power battery material companies. Power battery companies are mainly invested by BYD. The existing production capacity is 15GWh, all of which come from BYD.

The existing capacity of power batteries in Hubei Province exceeds 20GWh, and the main enterprises include CATL and EVE. In the future, with the completion of production/expansion of enterprises such as EVE and CALB, the capacity of power batteries in Hubei Province will exceed 200GWh. The current capacity of power batteries in Henan Province is less than 3GWh, mainly from the layout of CALB.

North-west China

Distribution of power battery companies in Northwest China
The northwest region includes 5 provinces and autonomous regions including Shaanxi Province, Gansu Province, Qinghai Province, Ningxia Autonomous Region and Xinjiang Autonomous Region. Most of the power battery production capacity comes from Shaanxi Province and Qinghai Province.

Shaanxi Province currently has a BYD power battery factory with an existing capacity of about 20GWh. Relying on the advantages of lithium salt resources, Qinghai Province has introduced large-scale projects such as CATL and BYD, and the existing power battery capacity is 18GW. You can click TOP 10 Lithium salt enterprises in China, if you want to know more information about lithium salt.

South China

Distribution of power battery companies in South China
South China includes five provinces, autonomous regions and special administrative regions including Guangdong Province, Guangxi Autonomous Region, Hainan Province, Hong Kong Special Administrative Region and Macau Special Administrative Region. Among them, the existing production capacity of power batteries basically comes from Guangdong Province.

The existing production capacity of power batteries in Guangdong Province exceeds 35GWh, mainly from CATL, BYD, EVE, Sunwoda and other enterprises.

North China

Distribution of power battery companies in North China

North China mainly includes 5 provinces, municipalities and autonomous regions including Beijing, Tianjin, Hebei, Shanxi and Inner Mongolia. The power battery production capacity mainly comes from Tianjin and Hebei. Tianjin has two major power battery companies, Lishen and JEVE, with an existing power battery production capacity of 8GWh. The current production capacity of power batteries in Hebei Province is 15GWh, mainly due to the layout of GOTION HIGH-TECH.

As the market share of power batteries is further concentrated in leading companies, the situation that the top companies will become stronger and stronger will gradually consolidate.

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