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Four Ministries Jointly Issue Action Plan for Car Battery Industry

The Ministry of Industry and Information Technology (MIIT), National Development and Reform Commission, Ministry of Science and Technology and Ministry of Finance recently jointly issued the Action Plan for Promoting the Development of Car Battery Industry (see full text in Chinese), which underscores the need to speed up the building of the capacity and level of development of China’s car battery industry and promote the healthy and sustainable development of the new energy vehicle industry. Under the Plan, China’s car battery industry will have a total annual production capacity of over 100 gigawatt hours by 2020. There will be internationally competitive enterprises that boast a production and marketing capacity of over 40 gigawatt hours a year.

Batteries hold the key to the development of the new energy vehicle industry. China has made significant headway in its car battery industry in the past decade. However, the batteries produced still fall short of the standards needed for the popularisation of new energy vehicles in terms of their product performance, quality and cost. In particular, they are lagging considerably behind advanced international standards in key materials, systems integration technology, manufacturing equipment and processes and other respects.

In line with the overall planning of the Made in China 2025 initiative, steps will be taken to implement the strategic objectives for the development of the new energy vehicle industry, give play to the principal role of enterprises, give greater policy support to the industry, improve the collaborative innovation system, make breakthroughs in key and core technologies, and accelerate the building of a car battery industry system with international competitiveness.

In the car battery industry, efforts will be made to improve product performance, quality and safety, further lower costs, ensure the supply of high quality car batteries before 2018, promote the research and commercialisation of new lithium car batteries and put them into large-scale application by 2020, and strengthen the basic research of new car batteries with the aim of achieving technological transformation and conducting development testing by 2025.

The MITT will also encourage enterprises, colleges and universities and research institutes to build car battery innovation platforms for collaboration and information sharing, and guide and support dominant groups to build market-based innovation centres in order to render support to the growth of this industry in such areas as technological development, formulation of standards, and personnel training.

Content provided by Picture: HKTDC Research
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