Battery Energy is an interdisciplinary journal focused on advanced energy materials with an emphasis on batteries and their empowerment processes. We publish open access content for scientists and professionals across materials science. By uniting academia with industry, we provide a platform for innovative battery-related research.
The development of the battery industry is crucial to the development of the whole NEV industry, and many countries have listed battery technologies as key targets for support at a national strategic level, which means that the NEV battery industry as a new industry has stepped on the stage of the development of this era. .
Empirically, we study the new energy vehicle battery (NEVB) industry in China since the early 2000s. In the case of China's NEVB industry, an increasingly strong and complicated coevolutionary relationship between the focal TIS and relevant policies at different levels of abstraction can be observed.
In recent years, the explosive development of NEVs has led to increasing demand for NEV batteries, which has led to the rapid development of the NEV battery industry, resulting in increasing prices of raw materials manufactured and sold by raw material manufacturers, i.e., the upstream battery industry.
As one of the core technologies of NEVs, power battery accounts for over 30% of the cost of NEVs, directly determines the development level and direction of NEVs. In 2020, the installed capacity of NEV batteries in China reached 63.3 GWh, and the market size reached 61.184 billion RMB, gaining support from many governments.
From what is mentioned above, it is easy to see that the price of raw materials in the upstream industries of the battery industry directly affects the cost of NEV batteries, which in turn affects the cost of NEVs and the selling price of NEVs, and ultimately has an impact on whether consumers are willing to buy NEVs.