Jan 27, 2021 10:12 PM (GMT+8) · EqualOcean
According to the industry chain research, recently, due to the rising cost of upstream materials and the strong demand of downstream market, Tianpeng power will increase the price of all products. In addition, several major domestic cylindrical lithium battery manufacturers are expanding production, with full orders. Western Securities believes that China's lithium-ion batteries for electric tools will be 5.6gwh in 2020 and 11gwh in 2025. Since October last year, the prices of battery grade lithium carbonate, electrolyte, separator, anode and cathode and other upstream materials have increased. With the rise of battery price, the profit of battery enterprises is expected to increase.