The richest and the poorest in 2022 China's lithium battery industry - Video

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The ecstasy of China's lithium battery industry came with the release of the business performance of various companies. According to the data, 107 listed companies related to the lithium battery industry in China are expected to have positive results, accounting for about 87%.

There is only one reason for these data: the strong development demand of new energy vehicles in 2021 will drive the rise of the entire lithium battery industry. However, not all of the industry's upstream and downstream are getting rich. Why is that? Well, the demand for new energy vehicles has exploded, the supply of power batteries is in short supply, and the prices of upstream raw materials have also skyrocketed.

Taking battery-grade lithium carbonate (the core raw material of power batteries) as an example, since March 2021, its price has risen from 50,000 to 60,000 Yuan per ton to 350,000 yuan per ton. The upstream companies in the lithium battery industry seem to be on the front line of "making wealth" for new energy vehicles. However, in the middle reaches of the lithium battery industry, battery companies do not seem to have such good luck. Strangely, their sales are growing but profits are not increasing.

Although midstream battery manufacturers are frantically expanding production capacity, locking in lithium resources, and taking away the market, the supply-demand contradiction brought about by new energy cars may exist for a long time.

Hi, everyone. Welcome to Hot Topics Time. As for today's video, we are going to talk about the joys and worries of China's lithium battery industry in 2022, why are upstream companies getting rich while midstream companies are under high pressure?

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