动力电池行业周报：电池产业链供需两旺，国产厂商保持领先状态

Investment Rating - The report maintains a "Recommended" investment rating for the industry [4] Core Viewpoints - The battery supply chain is experiencing robust supply and demand, with domestic manufacturers maintaining a leading position [2][70] - The automotive market is benefiting from favorable policies, supporting rapid growth in the new energy vehicle sector [2] - The report highlights the significant growth in the production and sales of new energy vehicles, with a market share increase to 46.8% in October 2024 [2] Summary by Sections 1. Industry Weekly Data Tracking - Lithium carbonate prices have increased, with industrial-grade averaging 79,500 CNY/ton (up 9.66%) and battery-grade at 82,000 CNY/ton (up 8.61%) [15][16] - The production of lithium carbonate rose to 13,800 tons in the week of November 9-15, 2024, reflecting a 2.87% increase from the previous week [19] - The market for lithium hydroxide remains stable, with battery-grade prices averaging 68,500 CNY/ton [23][25] 2. Downstream Demand - In October 2024, China's automotive production and sales reached 2.996 million and 3.053 million vehicles, respectively, with a month-on-month growth of 7.2% and 8.7% [2] - New energy vehicle production and sales in October reached 1.463 million and 1.43 million units, marking a year-on-year growth of 48% and 49.6% [2] - The report notes that leading battery manufacturers, CATL and BYD, hold significant market shares of 42.78% and 26.73%, respectively [2][70] 3. Industry Dynamics - The report emphasizes the importance of the recent pilot launch of lithium battery rail transport by CATL, which aims to enhance efficiency and reduce supply delays [2][70] - The overall industry outlook remains positive, with a focus on raw material price trends and monthly sales performance [2]