Analysis of lithium battery industry chain

The upstream of lithium battery is the mineral resources needed for lithium battery materials, while the midstream is the lithium battery manufacturers, including the production of cathode materials, cathode materials, electrolyte, diaphragm, conductive agent and adhesive, etc. The downstream is mainly the lithium battery supporting application fields, such as consumer electronics, electric vehicles, industrial energy storage related manufacturers.

From the perspective of the whole industrial chain, considering the rising price of raw materials, and from the analysis of industrial barriers, monopoly position, and competition pattern, the investment value ranking is that the upstream is superior to the midstream, and the midstream is superior to the downstream. Benefiting from the rapid growth of new energy vehicles, the listed companies in the lithium battery industry chain in the next two years have high growth attributes.