Leading Domestic Lead-acid Batteries Have Expanded Into The Lithium Battery Market

- Jun 05, 2020-

In recent years, lead-acid batteries have been continuously excluded from the battery industry, facing the dual pressure of technological innovation and market shrinkage. In the field of energy storage, lithium batteries have also clearly seized the limelight in the battery market. With the rapid development of the new energy industry, the importance of lithium batteries is becoming increasingly prominent, forcing the lead-acid battery companies in the industry to accelerate the layout of lithium battery products.

Leading domestic lead-acid batteries have expanded into the lithium battery market.


Camel Group is a comprehensive high-tech enterprise specialized in battery research and development, production, sales and recycling. The company's products mainly include: lead-acid batteries, thin lead plate batteries, power lithium batteries and so on. The company's main business is lead-acid batteries, which account for more than 90% of sales revenue. As lead recycling continues to follow up, the proportion of follow-up recycled lead business may gradually increase, and the lithium battery business is also expected to benefit from the increase in the penetration rate of the 48V system.

Camel Group took advantage of its own resources to avoid the fierce competition in the field of power batteries, and chose to start from the development of light-hybrid batteries, gradually develop into the direction of medium-hybrid and pure electric, and focus on the development of 48V and 12V lithium batteries. At present, it has formed local advantages in the field of low-voltage and start-stop batteries, and has developed a series of 12V and 48V lithium batteries.


As the country's largest lead-acid battery manufacturer, TianNeng has not seen a significant improvement in its lithium battery business, although it has been in the lithium battery business since 2007. With the rapid development of lithium battery industry, traditional lead-acid battery is shrinking. As the former leader, TianNeng group has become the other side of the lithium-ion era.

It is not easy to transform lithium batteries, although TianNeng has been accelerating the layout of lithium batteries in recent years, it is not dominant in the industry.

At present, the overall operating efficiency and production capacity of Tianneng lithium batteries are relatively general, and are affected by the subsidy retreat. Downstream new energy automobile companies have slower payment returns. Tianneng has certain financial pressure and bad debt risks. Therefore, the operation of lithium battery production requires a large amount of capital stand by.

3. Narada Power

Domestic lead-acid battery giant Narada Power is increasing its layout in the lithium battery business. Narada Power has actively deployed the lithium battery field to enter the lithium battery energy storage and new energy vehicle power battery markets after gaining a leading position in the communications backup power supply market and laying the leading position in the industry.

Narada Power's main business includes communications backup power supply, power battery, energy storage system and resource recovery. After years of layout, it has now formed a closed industrial chain from "raw materials-product applications-series solutions-operation services-resource regeneration-raw materials".


Chilwee has developed a variety of material systems and diversified specifications of power battery products to meet the different needs of customers. In terms of lithium batteries, Chilwee has carried out industrial R&D, production and sales applications of light-weight and soft-pack lithium-ion batteries as early as possible. The research and development level has been at the cutting edge of the industry, laying a good foundation for the new national standard era.

Chilwee Group firmly grasped the air outlet. With the strong outbreak of lithium batteries, Chilwee gradually tilted its strategic focus to increase its investment in research and development of new products and technologies. The first-class workshops, equipment and processes provide protection for Chilwee to maintain advantages in lithium battery field.

Lithium battery six-fold safety protection: over-discharge protection, over-charge protection, temperature protection, intelligent protection, short-circuit protection, over-current protection, while prolonging the service life of the battery, comprehensively guarantee the safety of battery power. It can be said that Chilwee's lithium battery performance is comparable to the first-class lithium battery industry, ensuring high quality and safer products!

The shrinking market for lead-acid batteries is also evident from the layout of battery manufacturers. Up to now, 6 listed lead-acid battery companies including Tianneng Power, Chilwee Power, Narada Power, Camel Group, Dynavolt Tech., and Vision Group have all been in the lithium battery business and the lithium battery market has exploded.

Summary: "The general trend of lead-acid batteries is gone." Some studies believe that if the replacement is successful, the market for lead-acid batteries in communications and energy storage will shrink by at least 35% by 2020. Lead-acid batteries will inevitably gradually lose the market and be replaced by lithium batteries. The incumbents of the market are inert, and our newcomers to lithium batteries can accelerate industry changes.