2 1 Shi Ji Jing Ji Bao Dao·2025-09-05 11:32Core Viewpoint - The lithium battery industry is gaining new momentum due to the recent issuance of the "Action Plan for Stable Growth in the Electronic Information Manufacturing Industry (2025-2026)" by the Ministry of Industry and Information Technology and the State Administration for Market Regulation, which aims for an average revenue growth rate of over 5% in related fields including lithium batteries and photovoltaic manufacturing [1][2]. Industry Overview - Lithium batteries remain a key driver for revenue growth in the electronic information manufacturing sector [2]. - The domestic lithium battery industry has experienced a surge in demand this year, leading to increased capacity utilization and production schedules among leading companies [3][4]. Demand Drivers - The significant growth in new energy vehicle (NEV) sales and the rising demand for energy storage batteries are major contributors to the increased demand for lithium batteries [7]. - In the first half of this year, global NEV sales reached 9.1 million units, a year-on-year increase of 28%, with the Chinese market accounting for over half of the sales at 5.5 million units, up 32% [7][8]. - The demand for energy storage batteries has also exceeded expectations, driven by market reforms and improved profitability models [8]. Capacity Expansion - Leading lithium battery manufacturers are steadily expanding their production capacity in response to strong market demand [11][12]. - CATL reported a production capacity of 345 GWh and a production output of 310 GWh in the first half of the year, with a capacity utilization rate of 89.86%, an increase of over 24 percentage points compared to the same period last year [11]. - Other companies like Guoxuan High-Tech and EVE Energy are also advancing their capacity expansion projects, with significant investments planned [12]. Financial Performance - The lithium battery sector has shown signs of recovery in profitability, with the A-share lithium battery sector achieving a revenue of 1.13 trillion yuan, a year-on-year increase of 13.78%, and a net profit of 679.51 billion yuan, up 28.07% [12][13]. - Despite the recovery, there is a noted divergence in performance across different segments, with positive trends in cathodes, anodes, and electrolytes, while lithium mining and separators continue to face pressure [13].