Since 2014, with the Chinese government focus on supporting the new energy industry, the lithium-ion battery industry has been the focus of market attention.
After experiencing a surge in cathode material prices in the lithium battery industry in the second half of 2015, in 2016, the prices of lithium battery raw materials stabilized. However, recently, the price of 'electrolytic copper foil', a material for lithium battery anode current collectors, has risen wildly, which has once again attracted market attention.
Due to the low threshold in the field of lithium batteries, this has led to a mixed industry. Under the fierce competition, many companies lacking technical strength and product competitiveness will not hesitate to seize the market through low prices. This has caused some quality-focused lithium battery companies to suffer direct impact.
The battery industry has high requirements for safety. From material selection, process to design, it must be strictly controlled, and it also has high requirements on the scale and capital of the company. If the company ignores these links in order to reduce costs, it will be easier Cause the product to have major problems in safety and other aspects
In the first half of this year, there was a crazy price increase in the upstream raw materials of lithium batteries. During the peak period, the price of electrolyte increased three times compared with the same period last year. The price increase of cathode materials also increased by nearly 30%. This caused the cost of battery cells to rise up to 20%.
YILINK was established in 2006, It is a high-tech enterprise integrating R&D, production and sales of lithium-ion batteries. The company’s main products are a full range of Li-ion, LifePO4, and Li-polymer batteries. The main application areas are solar storage energy, industrial energy storage, consumer electronics applications, medical applications, network monitoring applications, etc.
Under the high pressure market environment, YILINK will always focus on the R&D and production of the high-quality lithium battery and the development of the lithium battery, and differentiated competition will increase the market share of YILINK in the segmented field.
' YILINK ENERGY Positioning Quality Lithium Battery, Say NO to Price Game”
YILINK ENERGY has been working low-key for many years, focusing on product development, cost-effective products and stable development strategies to ensure that we achieves good results in the cruel market competition.
Good product performance and continuous growth in performance provide strong support for YILINK ENERGY.
