锂电池产业链双周报（2026、03、13-2026、03、26）：4月产业链预排产环比继续提升-20260327

Investment Rating - The industry investment rating is "Overweight" (maintained) [2][48] Core Insights - The lithium battery index has shown a significant performance, with a 1.44% increase over the last two weeks, outperforming the CSI 300 index by 5.92 percentage points. The index has risen 14.93% this month, surpassing the CSI 300 by 19.88 percentage points, and has increased 8.33% year-to-date, outpacing the CSI 300 by 11.62 percentage points [4][14] - The report indicates a recovery in the production schedule for the lithium battery supply chain, with expectations for continued growth in April. The demand for electric vehicles is anticipated to rise due to high oil prices and the implementation of vehicle replacement subsidies [7][44][45] - The solid-state battery sector is progressing towards commercialization, with several pilot lines expected to be established this year, indicating a potential upgrade in the materials and equipment segments of the supply chain [7][45] Summary by Sections Market Review - As of March 26, 2026, the lithium battery index has increased by 1.44% over the past two weeks, outperforming the CSI 300 index by 5.92 percentage points. The index has risen 14.93% this month and 8.33% year-to-date [4][14] Price Changes in the Lithium Battery Supply Chain - As of March 26, 2026, the average price of battery-grade lithium carbonate is 156,700 CNY/ton, down 0.57% over the past two weeks. The price of lithium hydroxide (LiOH 56.5%) is 150,800 CNY/ton, down 3.05% [5][27] - Prices for cathode materials such as lithium iron phosphate and NCM materials have also seen slight declines, while prices for anode materials and electrolytes have remained stable [5][25][29] Industry News - The report highlights the seasonal recovery in the new energy vehicle market, with an estimated retail volume of around 900,000 units in March, leading to a penetration rate of approximately 52.9% [7][44] - The report notes ongoing supply chain disruptions due to the Zimbabwean lithium mine export ban, which may support price increases for upstream materials [7][45] Company Announcements - Several companies in the lithium battery supply chain have reported significant growth in production and revenue, with notable contracts and investments in solid-state battery technology [44][46]