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CATL: Sodium-ion battery will be mass-produced next year

According to the record of investor relations activities disclosed by CATL, CATL stated in a conference call that the sales of battery systems in the third quarter were about 90GWh, and the current industry demand continues to grow, the company The capacity utilization rate is relatively saturated, combined with the potential boost to demand at the end of this year due to the subsidy decline next year, the sales volume in the fourth quarter may increase month-on-month, and the specific increase depends on the situation at that time.

According to reports, among the sales of about 90GWh in the third quarter of CATL, the sales of power batteries accounted for about 80% of the sales of battery systems. According to data from SNE Research, from January to August 2022, the market share of global power battery usage in CATL reached 35.5%.

In terms of the progress of mass production of sodium-ion batteries, CATL said that the industrialization of the company’s sodium-ion batteries is progressing smoothly, and the layout of the supply chain will take some time. It has negotiated with some passenger car customers and will be officially mass-produced next year.

Kirin Battery is the first to release models such as Ji Krypton and Wenjie. CATL said that there are also many customers who are interested in Kirin batteries. At present, the company is negotiating cooperation with customers. It will take time for the model to be verified and landed. In good condition.

Talking about the European market, CATL said that Europe has always attached great importance to the development of clean energy. As a developed economy, the acceptance of product prices is also relatively high. In the early stage, affected by the macro environment and high electricity prices, everyone was worried about the growth rate of the new energy industry. However, the price of natural gas and electricity has dropped recently, and new models will be launched one after another in the next year and the following year. The future growth prospects of the new energy industry in the European market are still promising. With the company’s fixed-point delivery in the early stage, European shipments and market share are expected to increase steadily.

In addition, CATL revealed that the overseas customers that the company has obtained before will gradually increase the volume in the future.

In terms of price, CATL pointed out that the short-term lithium carbonate price fluctuates due to the mismatch between supply and demand. The company will ensure the supply of lithium carbonate through various methods such as self-mining, investment, recycling, and long-term association. For raw materials other than lithium carbonate, with the continuous release of material production capacity in the past two years, there is not much problem in supply, and there is room for further cost reduction.

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.
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