We do not particularly novel point of view, but through different point of view of our previous conclusions video card.
Battery performance comparison and application areas, the power battery applications realize the key point is the industrialization of production must be followed to reduce the use of cost-effective.
Application areas and downstream from the demand point of view, with the exception of electric vehicle, the other downstream industries short-term demand growth can not be optimistic, while the electric vehicle application of the still very small, thus the batteries short-term sales growth should be cautious.
Materials of various types of cells constitute a point of view, we will be the forefront of business related industries finishing out a comparative advantage industries listed companies.
By domestic enterprises in the forefront of the battery of geographical distribution, to some extent, China’s battery industry is labor-intensive. Access to power battery industry, for financial strength, technical capabilities and equipment requirements of the degree of automation will greatly improve, enterprises can achieve a breakthrough is not achieved overnight.
From the battery industry profitability of every link, the different segments of the manufacturing sector, respectively, show the characteristics of the characteristics of extractive industries, access to resources and other characteristics, the profitability of different segments of the pros can still show a slightly related to the key link, which should be investments tend to focus, that is what we have been configured in the portfolio concentrated in the cell materials reasons.
However, for different battery materials, barriers to entry have significant differences, we will be in “technical articles” are described in detail. Look at the valuation, we can say is “prudent.” Round will likely move to some extent, sustained, and we consider the optimal choice of investment should be a slight wait for “truth.”
