EVTank: It is expected that the shipment volume of Lithium-ion Battery Electrolyte in China will reach 1.527 million tons in 2025, with a year-on-year growth of 34.2%.
Recently, the research Institution EVTank, in cooperation with the Ivey Economic Research Institute, jointly published the "White Paper on the Development of the Lithium-ion Battery Electrolyte Industry in China (2025)."
So sudden! What happened with the well-known Hong Kong stocks in a collective turmoil?
In today's morning session, the Hong Kong stock market suddenly experienced a significant decline, with all three major Indexes dropping by more than 2%.
TrendForce: It is expected that in 2025, Global新增 installed capacity for energy storage will reach 86GW/221GWh, a year-on-year growth of 27%/36%.
TrendForce expects that the new installed capacity of Global energy storage will reach 86GW/221GWh in 2025, a year-on-year increase of 27%/36%, with an average storage duration of approximately 2.6 hours.
Breaking the "involutionary" competition! The two major photovoltaic leaders announce "production reduction and control of output."
Tongwei Co.,Ltd's subsidiary Yongxiang Co. and Daqo Energy have a total production capacity of over 1.2 million tons. Analysts expect that this production cut will reach at least 0.8 million tons, leading to a significant decline in silicon material output from December to January. Despite the production cut being initiated, the current Industry still faces considerable inventory pressure.
The photovoltaic Industry is currently undergoing a "de-involution"! Tongwei Co.,Ltd and Daqo Energy have both announced production cuts and maintenance.
① Both Tongwei Co.,Ltd and Daqo Energy are signatories of the photovoltaic industry self-discipline agreement. According to the self-discipline agreement, photovoltaic companies will begin to manage production capacity starting next month (January 2025). ② Analysts believe that adjusting the overall industry capacity utilization rate to the Range of 50%-60% can basically match the demand for polysilicon in 2025, preliminarily achieving a supply-demand balance.
In November, China's industrial added value above the designated size increased by 5.4% year-on-year, with New energy Fund, Siasun Robot&Automation, and integrated circuits leading the growth.
From January to November, the added value of large-scale industries grew by 5.8% year-on-year. Among them, the production of New energy Fund vehicles, Siasun Robot&Automation, and integrated circuit products increased by 51.1%, 29.3%, and 8.7% respectively.