China's new energy vehicle market is ushering in a revolution caused by batteries**. BYD and CATL, the two major battery giants, have said that they want to reduce the cost of batteries to 4 cents per watt-hour or even lower. This measure will greatly reduce the cost of new energy vehicles, and it is expected that China's electric vehicles will usher in a new round of large.
In the past, the battery cost of new energy vehicles accounted for more than half of the cost of the whole vehicle, which was an important factor restricting the popularity of electric vehicles. If the cost of a battery per watt-hour is reduced to 3 cents, then the cost of a 100,000-watt-hour battery will be reduced to about 30,000 yuan, which is nearly half of the cost compared to the past. This will greatly promote the popularization of electric vehicles, and at the same time, it will also make electric vehicles more competitive in the world.
However, one might ask, will battery makers lose money because of price cuts? In fact, even after the price cut, battery manufacturers still have enough profit margins. Although the ** of raw materials such as lithium carbonate has declined, the progress of battery technology and the expansion of production scale have provided battery manufacturers with more room to reduce costs.
In addition, China's rush to buy lithium mines overseas is not for short-term profits, but to gain a first-mover advantage in the entire new energy vehicle industry chain. Whoever can take the lead in converting a large number of lithium mines into power batteries and seizing the global market will become the big brother of the new energy vehicle industry. Therefore, despite the decline in lithium mines**, China's leading position in the new energy vehicle industry will not be shaken.
February**Dynamic Incentive Plan Looking ahead, with the reduction of battery costs, the battle of car companies in 2024 will be more intense. Consumers will have more choice and lower prices to buy high-quality electric vehicles. This battery-driven battle will not only promote the development of the new energy vehicle industry, but also inject new impetus into the transformation and upgrading of China's automobile industry.