CATL(SZ:300750) Si Chuan Ri Bao·2025-11-13 00:29Core Insights - The 2025 World Power Battery Conference opened in Yibin, showcasing the development index of the power battery industry [6] - The index aims to provide a comprehensive reflection of the global and domestic power battery industry status and trends [6] Global Industry Landscape - Asia continues to dominate the power battery industry, with six Chinese companies holding a total market share of 67% [8] - China leads significantly with a projected power battery installation capacity of 548 GWh in 2024, accounting for 60% of the global total, a 42% year-on-year increase [8] - The lithium iron phosphate route has a market share of 74.6% in China, while ternary batteries account for 25.3% [8] - Morocco and Thailand have emerged as new investment hotspots for battery production in Africa and Southeast Asia, respectively [8] Innovation and Sustainability - China, Japan, and the United States are the top three countries in terms of innovation, holding 80% of global patent authorizations in the power battery sector [8] - The global transition towards sustainability is becoming a competitive focus, with Europe excelling in low-carbon manufacturing due to high renewable energy usage [9] - China is rapidly expanding its clean energy development to accelerate the green transformation of the battery industry [9] Regional Performance: Sichuan - Sichuan ranks third in China's power battery industry development index, following Guangdong and Jiangsu, and is part of the leading tier [10] - The province has over 200 companies in the power battery supply chain, with a production capacity of 168.1 GWh in the first nine months of the year, reflecting a 49.2% year-on-year growth [11] - Sichuan's abundant lithium and hydropower resources provide a competitive edge for green manufacturing [11] - The Ningde Times factory in Yibin is the world's first zero-carbon battery factory, utilizing over 80% renewable hydropower [11] - Despite its achievements, Sichuan faces challenges in innovation capacity compared to Guangdong and Jiangsu, partly due to the lack of influential battery company headquarters [11] - Sichuan aims to build a world-class power battery industry cluster, leveraging its policy, resource, and labor cost advantages [11]