446GWh production capacity new European power battery industry rise strongly
In order to get rid of the over-dependence on Asian battery manufacturers such as CATL, LG Chem, BYD, SKI, Samsung SDI, etc., new power battery power in Europe is constantly emerging. Recently, French battery start-up Verkor announced plans to put into production a lithium battery factory with an annual output of 16GWh in France, and may expand its annual output to 50GWh. The plant will begin construction in 2022 and deliver the first batch of battery products by 2023.
It is understood that the initial investment of the project is 1.6 billion euros (approximately RMB 13 billion), and the batteries produced will be used in electric vehicles (EV) and stationary energy storage. This means that Verkor will become another large-scale local power battery manufacturer in Europe after Northvolt in Sweden, Britishvolt in Britain, and Freyr in Norway.
01 400GWh battery demand
At present, many countries in Europe have explicitly proposed to replace traditional fuel vehicles with new energy vehicles within 20 years. According to data, the European electric vehicle sales reached 557,000 in 2019, a year-on-year increase of 45%. Some institutions predict that in the next 10 years, the compound growth rate of electric vehicles in Europe will reach 28%, and the compound growth rate of power battery demand will reach 34%. It is estimated that by 2030, the number of electric vehicles in Germany alone will reach 7-10 million; the demand for batteries in the entire European market will reach 400GWh.
However, it is embarrassing that although Europe has a large number of giants in the field of traditional fuel vehicles, it lacks strong local battery companies in the field of new energy vehicles, and often has to look down on others. Prior to this, LG Chem had tried to increase the price of batteries it supplies to Audi by 10%, but Audi, which was "unsurpassed" in the field of fuel vehicles, was "at a loss."
It is magical enough to say that, as the birthplace of the modern automobile industry, until four years ago, the power battery factory in Europe was "barren", and even the first power battery factory in its territory was built by an Asian company. In 2016, LG Chem held a groundbreaking ceremony for an electric vehicle battery factory in Wroclaw, Poland. The construction of the factory was fully opened. This South Korean company opened up for Europe, and Europe also lost its control of power batteries.
Even a top traditional car power such as Germany, its first domestic power battery factory relies on Asian manufacturers. In July 2018, under the witness of the prime ministers of China and Germany, CATL signed an agreement with the government of Thuringia, Germany. CATL will invest 240 million euros (about 1.87 billion yuan) in Thuringia to establish a lithium battery production base and intelligent manufacturing technology research and development center.
The German Ministry of Economy and New Energy issued a statement stating that Asian battery suppliers have already occupied a dominant position in this field. And French President Emmanuel? Macron directly stated: "100% of the batteries used in our electric vehicles are produced in Asia, and I am not satisfied with this."
Obviously, behind the embarrassment and embarrassment are Europe's anxieties and worries about eagerly mastering the initiative of power batteries.
02 The investment amount is 3 times that of China
In fact, in order to meet the demand for power batteries, and not want to rely too much on Asian manufacturers, to build their own "Ningde era", several battery factories in Europe are stepping up construction.
At the end of July this year, the European Investment Bank (EIB) has signed a US$350 million (approximately RMB 2.45 billion) loan agreement to support Northvolt to build its super battery factory in Sweden. A year ago, in June 2019, Northvolt announced a $1 billion equity financing agreement that would enable Europe's first local battery super factory to be established in Sweden.
In addition, in cooperation with the Volkswagen Group, Northvolt also announced plans to establish a second super factory in Germany. The initial production capacity of the battery plant will reach 16GWh, and the subsequent expansion will be at least 32 GWh; mass production is expected to begin in 2021. Northvolt's goal is to achieve a production capacity of approximately 150 GWh by 2030 and occupy a 25% market share in Europe.
Also in July this year, foreign media reported that the British battery manufacturer Britishvolt had signed a memorandum of understanding with the Welsh government to build a battery manufacturing plant. The company plans to build a commercially viable 30GWh battery plant and a 200MW solar plant. The plant will produce cylindrical and soft-packed lithium-ion batteries for electric vehicles, and is expected to start production in 2023.
Prior to this in June, Norwegian clean energy company Agder Energi and industrial waste recycling company Noah planned to establish a new company Morrow Batteries and a power battery plant in Agde, southern Norway. The plant plans to invest 20 billion kronor (approximately RMB 15.2 billion), and the plant's planned battery production capacity is 32GWh.
Earlier this year, foreign media reported that Germany and France plan to promote a battery project in Europe with a total investment of up to 5 billion euros (about 38 billion yuan), with a total capacity of about 48GWh. In addition, in January 2019, Blackstone of Switzerland announced an investment of 200 million euros (about 1.54 billion yuan) to build a large power battery plant in Thuringia, Germany. After the completion of the first phase of the plant, it can produce 100 million batteries per year.
Judging from the amount of funds, Europe has indeed made a "blood capital" in power battery investment. A battery industry chain investment report released by S&P Global Platts shows that in 2018, Europe's investment in the lithium battery industry chain was less than 5 billion euros; by 2019, this figure soared to 60 billion euros, an increase of 11 times over the same period last year. In the same period, China's investment in the lithium battery industry chain was less than 20 billion euros, and European investment in this field has reached three times that of China.
Bloomberg New Energy Finance Analyst James? Fries said that a year or two ago, everyone felt that it was too late for Europe to compete in the battery market. But they have made a promise, and Europe is now in a strong position.
"By 2025, Europe may control 11% of global battery manufacturing capacity, higher than the current 4%. This will reduce China's market share and compete with the United States in this industry." Fries predicts. At the same time, the European Commission also estimates that the annual value of the battery market may reach 250 billion euros, of which European battery factories or suppliers can share at least 100 billion euros.
BMI predicts that by 2030, at least 16 battery super factories will be put into operation in Europe, with an annual output of 446GWh, which will make Europe the second largest lithium-ion battery production base after China.
Publisher: Battery China Net from: http://www.batterycloud.com.cn/newsDetail?infoId=328