动力电池行业周报：储能电池市场增长强劲，带动磷酸铁锂电池销量增速爆发

Investment Rating - Investment rating: Recommended (maintained) [3] Core Viewpoints - The energy storage battery market is experiencing strong growth, driving explosive sales growth of lithium iron phosphate batteries [2][109] - The overall industry outlook remains positive, with a focus on the trends in raw material prices, monthly sales, and the implementation of industry regulations [2] Summary by Sections Industry Data Tracking - The average price of industrial-grade lithium carbonate is 72,500 CNY/ton, up 3.57% from last week; battery-grade lithium carbonate is 75,500 CNY/ton, up 3.42% [1][79] - The price of lithium hydroxide is stable, with battery-grade prices ranging from 65,500 to 75,500 CNY/ton [83] - The price of negative electrode materials remains stable at 33,000 CNY/ton, with sufficient market supply [1][90] - The average price of electrolyte remains stable, with lithium iron phosphate electrolyte at 18,600 CNY/ton and ternary/conventional electrolyte at 25,300 CNY/ton [1][96] - The price of separators is stable, with 7um wet separators at 0.84 CNY/square meter and 16um dry separators at 0.41 CNY/square meter [1][100] Downstream Demand - In October 2024, China's automobile production and sales reached 2.996 million and 3.053 million units, respectively, with month-on-month growth of 7.2% and 8.7% [2][108] - In the first ten months of 2024, the production and sales of new energy vehicles reached 9.779 million and 9.75 million units, with a year-on-year growth of 33% [2][108] - The cumulative sales of power and other batteries in China reached 796.0 GWh in the first ten months of 2024, with a year-on-year growth of 43.2% [2][109] - The market share of lithium iron phosphate batteries in power battery sales reached 65.3% in the first ten months of 2024, with a year-on-year growth of 37.5% [2][109] Industry Dynamics - The strong growth in the energy storage battery market has significantly boosted the sales of lithium iron phosphate batteries [2][109] - The industry is expected to continue its upward trend, with a focus on leading companies in specific segments for investment opportunities [2]