Recently released data show that in January 2017 the new energy passenger car sales of 5400, up sharply down 61%. national passenger car association secretary general Cui Dongshu believes that in January the new energy car sales dropped, and before and after new year’s day before the introduction of the new deal subsidy, the promotion of new energy vehicles directory for retrial.

Fall is the keyword subsidies of new energy vehicles in 2017 of the new deal. In accordance with the “notice concerning -2020 in 2016 to promote the application of new energy automotive financial support policy from 2017 to 2018, the new energy vehicles subsidy standards declined in 2016 on the basis of 20% from 2019 to 2020, the subsidy standard declined in 2016 on the basis of 40%. reporter was informed that the influence of the new energy vehicles subsidy sharply fall and other factors, the new energy automobile manufacturers began continuous forced power battery manufacturers to cut prices. Data show that in early February 2017, the price of three Yuan line power battery and lithium iron phosphate line than in December 2016 fell over 15%. due to the new energy car manufacturers still in a period of adjustment, at present, the power battery enterprises started as a whole plain, orders fell more than 20%.

Battery power cuts, and also lead to overcapacity for substantial expansion. According to the latest high Institute of industry data, 2016 domestic battery production capacity is 2.8 times in 2015, while output grew only 82%.

Battery prices also led to the four decline in the price of materials, such as wet diaphragm in early February 2017 prices compared to 2016 12 fell about 9%, the price decline of 7%. electrolyte

However, cathode material LiCoO2 material and three yuan price rose sharply. Data show that in February 8, 2017, 4.35V lithium cobalt price has risen to 260 thousand yuan / ton, compared to December 2016 rose 18% over the same period, three yuan; hybrid materials 523 price of 155 thousand to 160 thousand yuan / ton, compared with the end of rose over 5%.

LiCoO2 is the main raw material of three yuan of materials. Three yuan materials and lithium cobalt prices rose, and is closely related to another key of new energy vehicles in 2017 of the new deal, namely subsidies and power battery mileage hook, the better the performance of battery subsidies more investment of three yuan, the lithium battery manufacturers increased, pulling three yuan material demand. At the same time, half of global cobalt resources from Africa to Congo, but the Congo cobalt production to be subject to geopolitical influence. Data show that in 2016 Congo co production fell 7.35%.

Lithium Engineering Analyst Gao Xiaobing believes that in 2017 the overall excess battery capacity, the industry will face differentiation, especially Six fluorine lithium phosphate And diaphragm increased productivity. Drop in the downstream subsidies, high margin pre separator industry will have more decline, Six fluorine lithium phosphate The electrolyte and downstream margin will have to adjust, but the level of profitability is expected to remain stable.

One quarter is the traditional off-season car market. The industry is expected, the next one or two months, and four power battery materials prices will fluctuate greatly.