As shown in the data of CCA, the downstream sales of 3.521 million new energy vehicles, up 158% year-on-year, led to a significant increase in power battery shipments; in the field of energy storage, driven by policies such as carbon peak and carbon neutral, a large number of energy storage projects have been expanded and landed; in the digital field (including power tools), the localization of lithium batteries for power tools has accelerated, resulting in 2021 China's lithium batteries in power, digital, and Li-ion battery in power, digital, energy storage and other fields have achieved more than expected growth. China's Li-ion battery market in 2021 has been comprehensively sorted out according to the "2022 China Li-ion Battery Industry Market Research and Analysis Report" released by Gao Gong Industry Research Institute of Lithium Power. In 2021, China's lithium battery shipments will be 327GWh, up 130% year-on-year, according to GGII statistics. In 2022, China's lithium battery shipments are expected to exceed 600GWh, with a year-on-year growth rate expected to exceed 80%. It is expected that China's lithium battery market shipments will exceed 1,450 GWh in 2025, with a compound growth rate of over 43% in the next four years. From the specific application areas, new energy vehicles, 3C digital field, energy storage, small power and electric tools are the main downstream application markets of lithium batteries.   一, New energy vehicle end of the demand for lithium batteries continue to increase, accounting for 69% in 2021 Power battery shipments for new energy vehicles continue to increase. 226 GWh of power batteries for vehicles will be shipped in China in 2021, up 183% year-on-year, accounting for 69% of China's lithium battery market, far exceeding other application terminals, and the share is expected to rise further.   二, Mainstream power tool companies such as TTI moved their industrial chains to China, driving a 124% year-on-year increase in power tool shipments   In 2021, 11GWh of lithium batteries for domestic power tools will be shipped, up 96% year-on-year. The main reasons for the significant growth in the lithium battery market for power tools are: 1) Gradually international power tool terminal enterprises led by TTI have shifted their industrial chain to China, promoting the domestic lithium battery industry for power tools to accelerate industry transformation and layout; 2) Electric tools gradually switched from wired to wireless, and wireless power tools have higher power requirements, which led to an increase in the number of batteries used in individual power tools, driving up the shipment of lithium batteries; 3) Foreign lithium battery enterprises for power tools, represented by LG, SDI and Panasonic, gradually contracted their production lines for power battery production after 2020, reducing the supply of cylindrical batteries for power tools. This reduced space is rapidly occupied by domestic cylindrical battery enterprises, and domestic substitution rises; (4) With the continuous progress of domestic cylindrical battery technology, the cost continues to decline and the cost performance is improved, leading to an increase in overseas exports of lithium batteries for power tools.   三、Energy storage lithium battery shipments increased 196% due to the impact of environmental policies such as double carbon   China's energy storage battery market shipments are 48GWh in 2021, up 196% year-on-year. Compared to 2020, the rapid growth of the power storage market is the main reason for the growth of domestic lithium battery shipments for energy storage.   The main reasons for the significant year-on-year growth of power energy storage in 2021 are: 1) the promotion of double carbon and other environmental protection policies, a significant increase in national power storage projects; 2) domestic and foreign base station side enterprises to increase the scale of procurement (such as towers, mobile, Unicom, etc.), driving base station side shipments to grow by more than 60% year-on-year; 3) distributed energy storage field focus on supporting photovoltaic, decentralized wind power and other fields, the formation of distributed scenery storage system;; (4) power storage side of the overseas market demand continues to be strong, the proportion of exports increased.   According to the raw material point of view, the epidemic was gradually controlled in 2021 and the new energy market was growing at a rate beyond expectations, resulting in a tight supply and demand chain for new energy upstream and downstream, which caused prices of primary raw materials to rise, driving part of the main material prices to continue. From the perspective of the technical route, the proportion of lithium iron phosphate batteries rose sharply to 52% and ternary lithium batteries accounted for 48%, for the following reasons: (1) Upstream raw materials for lithium batteries, such as electrolyte, cathode, cathode, fluid collection and other materials prices rose by more than 25%, the pressure on power battery companies to reduce costs increased, lithium iron phosphate batteries have a lower cost, the cost-performance advantage is obvious;; (2) lithium iron phosphate batteries have higher safety compared to ternary batteries, from the safety point of view, consumers choose more lithium iron models, which in turn led to the increase in material shipments; (3) driven by the increase in sales of terminal models, such as BYD Han, BYD Qin, lithium iron version of model 3, lithium iron version of model Y and Hongguang MINI EV and other models of best-selling, driving lithium iron phosphate power battery shipments to enhance, crowding out the ternary power battery market share.

The forklift industry showed a rapid development in 2023. In tandem with the gradual liberalization of various ports, the foreign trade economy has gradually rebounded. I. What the market demands As the global logistics industry continues to develop, forklifts, as an important part of logistics equipment, are experiencing increasing market demand. Statistically, the global forklift market size has reached over USD 30 billion and is expected to reach USD 40 billion by 2025. Particularly in the Asia Pacific region, forklift market demand continues to grow due to the rapid rise of the manufacturing industry, becoming the main growth driver of the global forklift market. II. Technological innovations Currently, technological innovation in the forklift industry is mainly reflected in the aspects of intelligence, automation, and electrification. For intelligence, forklift enterprises have introduced technologies such as artificial intelligence and the Internet of Things to achieve remote monitoring and intelligent scheduling of forklifts, which has improved the operational efficiency of forklifts. For automation, the application of automated driving technology enables forklifts to drive and operate autonomously, which enhances the operational safety of forklifts. Electricity has replaced the traditional internal combustion engine forklifts, which have the advantages of zero-emission and low noise, in line with the development trend of environmental protection and energy saving. III. Competitive The competitive pattern of the current forklift market is relatively fierce, with internationally renowned enterprises such as Toyota, Hitachi, Hitachi Construction Machinery, Mitsubishi Heavy Industries and Kobe Steel in Japan, Liebherr, Klaus Müller, Toner and Linde in Germany, John Deere and Kite in the United States, and Zoomlion, Sany Heavy Industries and Haier in China all competing for market share in the forklift market. The intensification of the competitive landscape has promoted companies to continuously innovate and improve product quality to meet market demand better. IV. Environmental sustainability With the continuous popularisation of the global environmental protection concept, the forklift truck industry is also paying more and more attention to the sustainable development of environmental protection. Presently, eco-friendly forklifts such as electric forklifts and hydrogen fuel cell forklifts are widely concerned and sought after by the market. Moreover, forklift truck enterprises also actively explore sustainable development modes such as remanufacturing and recycling to improve resource utilization and reduce the impact on the environment. Simultaneously, there are some challenges and problems faced in the forklift industry development. Forklift companies will experience certain uncertainties and pressure due to unstable market demand, competitive pressures, and rapid technological updates. The forklift industry would also like to place more emphasis on talent development, scientific research, and innovation. It needs to accelerate technological innovation and application and enhance enterprises' core and market competitiveness. Finally, the forklift industry needs to pay more attention to environmental protection and sustainable development. It needs to promote green transformation and sustainable development of enterprises and promote forklift industry sustainable development.

As new energy vehicles develop, there are more and more innovations in new energy vehicle batteries. China is vigorously developing new energy vehicles, with national and local subsidies and licensing restrictions making new energy vehicles increasingly the best choice for car buyers. Most consumers only care about the range of electric vehicles, but ignore the core power of electric vehicles, the "power battery". What types of batteries are available for new energy vehicles today? Types and characteristics of new energy vehicle batteries.   I. Lithium iron phosphate battery Charging process, lithium iron phosphate in part of the lithium ion off, through the electrolyte transfer to the negative electrode, embedded in the negative carbon material; at the same time from the positive electrode to release electrons, from the external circuit to the negative electrode, to maintain the balance of chemical reactions. During the discharge process, lithium ions come out of the negative electrode and pass through the electrolyte to the positive electrode, while electrons are released from the negative electrode and reach the positive electrode from the external circuit to provide energy to the outside world.     Lithium iron phosphate battery features 1, high energy density. 2019 some excellent battery manufacturers can probably achieve an energy density of 175-180Wh/kg level, individual manufacturers using a stacking process, energy density of 185Wh/kg. 2, good safety performance, lithium iron phosphate cathode material electrochemical properties are relatively stable, which determines that it has a smooth charge and discharge platform, therefore, the structure of the battery will not change during the charge and discharge process, will not burn and explode, and even in short circuit, overcharge, extrusion, pinprick and other special conditions, is still very safe;. 3, long cycle life, lithium iron phosphate battery 1C cycle life is generally up to 2000 times, or even reach more than 3500 times, and for energy storage market requirements to reach more than 4000-5000 times to ensure 8-10 years of service life, higher than the cycle life of ternary batteries more than 1000 times, while the cycle life of long-life lead-acid batteries in about 300 times. 4, safe and environmentally friendly lithium iron phosphate batteries do not contain any heavy metals or rare metals, safe, non-toxic or non-polluting, for absolute green batteries. Due to the entire production process of lithium iron phosphate materials, clean and non-toxic, all raw materials are non-toxic and non-polluting.   Second, ternary lithium polymer batteries Ternary polymer lithium battery refers to the positive electrode material using nickel drill lithium manganate (Li (NicoMn) O2) or nickel drill lithium aluminate ternary positive electrode material of lithium batteries, ternary composite positive electrode material is nickel salt, drill salt, manganese salt as raw materials, nickel drill manganese ratio can be adjusted as necessary.   The characteristics of ternary polymer lithium battery 1, high energy density, theoretical energy density reaches 280 mAh/g, the actual capacity density of the product exceeds 150 mAh/g. 2, good cycling performance, with excellent cycling stability at both room temperature and high temperature. 3. High voltage platform, stable and reliable cycling in the voltage range of 2.5-4.3/4.4V. 4、Long cycle life, maintaining more than 80% capacity for 500 cycles. 5, ideal crystal structure, small self-discharge, no memory effect. III. Nickel-hydrogen battery Nickel-metal hydride battery is a kind of battery with good performance. NiMH batteries are divided into high-voltage NiMH batteries and low-voltage NiMH batteries. The positive active material of the NiMH battery is Ni(OH)2 (called NiO electrode), the negative active material is metal hydride, also called hydrogen storage alloy (electrode called hydrogen storage electrode), and the electrolyte is 6 mol/L potassium hydroxide solution. Nickel-hydrogen batteries are increasingly being noticed as an important direction for hydrogen energy applications. Features of NiMH batteries 1. High reliability, good protection against over-discharge and over-charging, high charge and discharge rates and no dendrite formation. It has good specific characteristics. Energy density of 60mAh/g. 2. Long cycle life, up to several thousand times. 3. Excellent low temperature performance, no significant change in capacity at -10°C.

Ternary lithium battery or lithium iron phosphate battery for the same price? Generally preferred ternary lithium, can have better range and low temperature resistance characteristics, but under normal circumstances will not have such a choice, because lithium iron phosphate and ternary lithium manufacturing costs there is a certain gap, in general, in high with the electric car models with ternary lithium battery, low with the electric car with lithium iron phosphate. The following article explains the difference between ternary lithium batteries and lithium iron phosphate batteries.   1, ternary lithium high energy density   Ternary lithium energy density is generally 180-230Wh/kg, and high nickel ternary lithium battery is easy to reach 250Wh/kg, but high nickel will increase battery instability. The energy density of lithium iron phosphate is generally 140-160 Wh/kg, the highest or up to 180 Wh/kg. blade battery is also a lithium iron phosphate, such as the first generation of blade battery energy density of 140 Wh/kg, the second generation or to achieve 180 Wh/kg.   To be precise, the battery energy density is divided into weight energy density and volume energy density, the former is what we often talk about, the latter is less attention, but as important. Such as the blade battery structure innovation, volume energy density from 251Wh / L to 320Wh / L, although the weight energy density is not high, but the range to catch up with the ternary lithium.   2, ternary lithium is more resistant to low temperature   Lithium battery will become weak chicken in low temperature, lithium iron phosphate low temperature limit value is generally -20 ℃, lithium ternary can withstand -30 ℃ low temperature, and 0 to -20 ℃, lithium battery attenuation of about 10%-30%, and lithium ternary attenuation degree is generally 10% lower than lithium iron phosphate. At present, many car companies and battery manufacturers are developing more advanced thermal management technology, as a way to improve the low-temperature performance of power batteries.   3, lithium iron phosphate longer life   Ternary lithium battery charge and discharge cycle times are generally 2000 times, while lithium iron phosphate is generally 3000, ternary lithium 1.5 times. Battery life will not be expressed in years, but using the number of charge and discharge cycles for yi old, such as 2000 times, that is, after 2000 charge and discharge cycles battery attenuation of less than 20%. That is, after 2000 cycles, the battery capacity is equivalent to only 80% left, continue to use or continue to continuously decay.   4, lithium iron phosphate is safer   Through the needling test, the traditional lithium iron phosphate battery without open flame, smoke, the surface temperature reached 200 ℃ ~ 400 ℃, while the ternary lithium needling instantly appeared after the temperature rise of more than 500 degrees, and began to burn violently.   5, lithium iron phosphate cost less