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Another battery company with rapid progress in NCA is Tianpeng Power. Its NCA power batteries have been paired with best-selling models such as the Baojun E100 and Zhidou D2, and have been included in the 2018 new energy vehicle recommendation list. In terms of high nickel NCA product reserves, Tianpeng Power has completed the technical reserves for the 18650 model 3.5AH product.

In July 2018, Tianpeng Power stated that it had taken over the supply rights of the supporting SAIC-GM Wuling Baojun E200 model after the Baojun E100 model, and that the company's NCA high nickel 21700 ternary lithium battery would be paired with the Baojun E200 model.

A clear trend is that the progress of NCA in cylindrical batteries has begun to transition from 18650 to 21700.

In terms of materials, compared to the positive electrode material manufacturers still in the laboratory stage, Tianjin Bamo, Dangsheng Technology, and Greenway have made practical progress in the industrialization process of NCA materials.

Feng Xisheng, Deputy General Manager of Tianjin Bamo Technology, revealed that this year Bamo Technology's NCA products have achieved industrialization and have now been matched with domestic battery manufacturers. Compared to some manufacturers that only produce semi-finished products (without core processing such as coating), Bamo achieves mass production of NCA finished products.

Chen Yanbin, Deputy General Manager of Dangsheng Technology, publicly stated that the company's NCA products are in the pilot stage and the main reason for the lack of mass production is limited market demand. The NCA of the company's nickel 88 is calibrated to a Japanese material, with a lower rate characteristic charge discharge impedance and better cycle life of the company's products.

In the field of NCA precursors, Greenland has established a stable supply relationship with South Korean material company ECOPRO and has built a 20000 ton/year ternary material high nickel precursor production line.

In terms of automotive companies, Gaogong Lithium Battery has noticed that relevant models equipped with NCA batteries, such as Jianghuai, SAIC GM Wuling, and Zhidou, have entered the recommended list of new energy vehicles in 2018. And all models are best-selling, with sales increasing, the installed capacity of NCA batteries is expected to further increase this year.

Overall, the application of high nickel ternary materials has become an irreversible trend in the development of new energy passenger vehicles. The consensus in the industry is that there is no trade-off between the development of NCA and NCM811. As the domestic NCA market increases, it will coexist with the development of NCM811 for a long time.

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