The growth rate of new energy vehicles has exceeded expectations, and the demand for power batteries is also growing rapidly. Since the capacity expansion of power battery companies cannot be implemented quickly, in the face of huge battery demand, the “battery shortage” of new energy vehicles may continue. The game between car companies and battery companies will also enter the next new stage.
In terms of the power battery supply system, car companies have adopted different methods to deal with it. The first is to expand the range of battery suppliers with reference to the parts supply system of the traditional auto industry. This will bring opportunities to high-quality second-tier battery companies and Japanese and South Korean battery companies that have coveted China’s new energy vehicle power battery market for a long time. The second way is in-depth cooperation with battery companies, including joint ventures to build factories and strategic equity investment. Under the condition that the products are basically stable, if the scale of auto companies is increased, holding shares in second- and third-tier battery companies is a sufficient and necessary condition for both parties to form a stable supply. As for the development of second-tier battery companies, once they have the endorsement of a large company, it will help both in the value judgment of the company in the capital market or in market competition. The third type is self-built factories by car companies. Of course, for auto companies, self-built battery factories have a series of problems such as technology accumulation, research and development, and there are also certain risks.
Of course, for a long time in the future, the relationship between car companies and power battery companies will be a game of cooperation. Under the tide of production expansion, some people will be able to ride the wind, while others will be left behind on the way to catch up.
Post time: Oct-27-2021