Last month, the first financial reporter interviewed Akira Yoshino, a Japanese scientist who won the Nobel Prize in Chemistry for lithium-ion batteries this year. In Yoshino's view, lithium-ion batteries will still dominate the battery industry in the next 10 years. The development of artificial intelligence, Internet of things and other new technologies will bring "unimaginable" changes to the application prospects of lithium-ion batteries.

According to the Research Report of CITIC Securities, TWS headphones have risen rapidly in the past two years. In 2018, about 35million TWS headphones were shipped worldwide. We expect to reach 90million and 170million in 2019 and 2020, and maintain a compound annual growth rate of 20% by 2025. Considering two earphone cells and one charging cell for a TWS, the market size of TWS earphone battery is expected to be 6.2 billion yuan and 11.1 billion yuan in 2019 and 2020 respectively, and it is expected to reach 20.9 billion yuan by 2025, with a five-year compound growth rate of about 13%.

CITIC Securities believes that with the rise of TWS headphones, the demand for TWS batteries has increased rapidly and is expected to double in 2020. Overseas TWS battery supporting capacity is in short supply, and domestic TWS battery suppliers have an opportunity to recommend domestic Yiwei lithium energy and Penghui energy, which have historical technology accumulation and core technology patents, and actively layout button battery capacity; It is suggested to pay attention to Xinwangda, the global leader in lithium battery pack consumption, which has entered the supply chain of key customers.

At the same time, foreign media recently reported that BMW group ordered batteries worth more than 10 billion euros from Ningde times and Samsung SDI, of which Ningde times received orders of 7.3 billion euros, a significant increase from 4 billion euros signed in mid-2018; Samsung SDI received orders of 2.9 billion euros.

On the other hand, Volkswagen Group also recently announced its five-year investment plan 2020-2024 (the 68th round of planning), which plans to invest nearly 60billion euros in hybrid power, electric travel and digital fields, of which 33billion euros is invested in the field of electrification.

Galaxy Securities believes that the increase in the order amount of BMW Group reflects the accelerated layout of European traditional vehicle enterprises for new energy vehicles. From the perspective of the model planning of major car enterprises, 2020 will become the starting point of power. Considering the wide demand space of the industry in the future, we expect that the continuous expansion of several leading enterprises will become the main theme in the future, which will benefit the demand for lithium battery equipment.

Article source:First lithium power grid