Analysis of the competitive situation among Chinese power battery enterprises based on T-M model

Abstract

With the support of policies, the power battery industry has already been in the initial stage of high-quality development. However, it is difficult to effectively judge the development potential and competition situation of enterprises only through the overall installed capacity, while it is impossible to effectively use the “supporting the excellent and strong enterprises ” industrial policy and targeted industry funds. In this research, a power battery enterprise competitiveness evaluation model was constructed by considering two dimensions of technical competitiveness and market influence. Taking China’s mainstream power battery enterprises as the research object, the validity of the model was verified and the long-term competition of power battery enterprises was predicted by the bias value of lithium iron phosphate. The results show that: when the bias value of lithium iron phosphate is 0.3, A2 is the market chaser, A5 is the technology chaser, A3 performs well in both technology and market, but there is still a big gap by comparing with A1. When the bias value of lithium iron phosphate is 0.7, in terms of competition landscape, A3 and A5 become technical catchers, especially A3 with more obvious advantages, while A2 and A4 become market catchers, especially A2 with more obvious advantages; in terms of enterprises, the ranking of leading enterprises is almost unchanged, but there are major changes among those enterprises ranked in the middle and rear position. The research results can support the scientific use of industrial policies and industrial funds and promote the power battery industry to move into a high-quality development stage. In the next step, it is required to consider the huge impact of new system battery on the industrial structure and improve the robustness of the model.