Impact of Lithium Carbonate Price Collapse on New Energy Vehicle Industry
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Update time : 2023-03-16 15:39:56
What is lithium carbonate? Lithium carbonate, an inorganic compound with the chemical formula of Li2CO3, is a colorless monoclinic crystal or white powder. The density is 2.11g/cm3. The melting point is 723 ℃ (1.013 * 10 ^ 5Pa). Soluble in dilute acid. Slightly soluble in water, the solubility in cold water is greater than in hot water. Insoluble in alcohol and acetone. It can be used to make ceramics, drugs, catalysts, etc. Common raw materials for lithium-ion batteries.
Preparation of battery-grade lithium carbonate
Lithium carbonate is the basic raw material of the potash industry. It can be used directly and as raw material to prepare various potassium salts and their compounds with high added value.
There are two methods for refining lithium carbonate and producing industrial-grade lithium carbonate: one is to use traditional lithium ore, and the other is to use lithium-containing brine, both of which cannot be separated from an airflow crusher.
Lithium carbonate is an inorganic compound often used as the raw material of lithium-ion batteries. The airflow crusher is a piece of essential processing equipment for preparing high-purity lithium carbonate.
The advantages of an airflow crusher in processing lithium carbonate: are no pollution, no temperature rise, easy operation, no dust pollution in negative pressure production, a high degree of automation, and strong stability.
Impact of falling lithium carbonate price on the new energy vehicle industry
Lithium carbonate is an important raw material in battery production, mainly used to produce lithium-ion batteries. Lithium-ion batteries are the most commonly used batteries for new energy-pure electric vehicles. The news that the price of lithium carbonate has dropped by more than 40% has a certain impact on the industrial chain of new energy-pure electric vehicles.
First, the falling price of lithium carbonate will reduce the production cost of lithium-ion batteries, which is good news for the price competitiveness of new energy-pure electric vehicles. But at the same time, this may also lead to some non-standard, low-quality lithium carbonate products entering the market, increasing production risk.
Secondly, because lithium carbonate prices are unstable, new energy vehicle enterprises need to establish a stable supply chain. For automobile manufacturers, it is crucial to establish a stable supply chain. They can control the cost of raw materials by negotiating and locking stable long-term contracts.
Finally, enterprises must also strengthen their research and development capabilities and launch more efficient and safer battery products. Although the price of lithium carbonate has fallen, it still needs high-end technology and capital investment to manufacture high-quality, high-energy-density lithium-ion batteries. Therefore, battery companies must continuously develop better products to maintain competitiveness in the new energy vehicle market.
In short, although the collapse of lithium carbonate price has had a certain impact on the new energy pure electric vehicle industry chain, most professionals believe this is a temporary short-term phenomenon. Through comprehensive coping strategies, including establishing a stable supply chain and improving research and development capabilities, enterprises can maintain competitiveness in the market competition.
Luoyang Trunnano Tech Co., Ltd (TRUNNANO) is a professional lithium carbonate supplier with over 12 years experience in chemical products research and development.
We accept payment via Credit Card, T/T, West Union and Paypal. Trunnano will ship the goods to customers overseas through FedEx, DHL, by air, or by sea.
