In the electric vehicle lithium battery with the cathode material route, the main choice of the domestic market is lithium iron phosphate or ternary / manganese system of these two categories.
With the subsidy of the New Deal landing, equipped with high energy density power battery new energy vehicles will receive higher policy subsidies, ternary batteries and materials will usher in a rapid development opportunity.
China's new energy automotive market, the main battery manufacturers battery line
High-nickel ternary battery with its high energy density, long cycle life, better security, relatively low cost and other prominent features, as the layout of the major companies hot.
At present, the application of cathode materials for high nickel ternary batteries is mainly concentrated in nickel-cobalt-manganese (NCM) and nickel-cobalt-aluminum (NCA). As the domestic nickel-cobalt-aluminum manufacturing technology is not yet mature, nickel-cobalt-manganese is the mainstream Element battery material. Nickel-cobalt-manganese ternary materials to nickel salts, cobalt salts, manganese salts as raw materials, through the deployment of the three ratio, to obtain different electrode characteristics.
The demand for metal resources corresponding to different cathode materials (unit: kg / t)
Cobalt in the ternary material has irreplaceable, there are insiders pointed out that in the field of battery manufacturing, lithium consumption is much less than cobalt, lithium at least 10 years later, its consumption to catch up with the consumption level of cobalt.
As the proportion of ternary batteries will increase the long-term increase in the demand for cobalt, since the second half of last year, cobalt prices continued to rise trend.