Shulou(Shulou.com)11/24 Report--

CTOnews.com, April 20, according to the Financial Associated Press, recently, some front-line workers in the Ningde era reported that due to the downturn in the downstream market for new energy vehicles, the company's orders and factory operating rates have dropped, and overtime hours have been greatly reduced. This has significantly reduced their income, and some have even chosen to leave.

A reporter from the Financial Associated Press interviewed more than 30 Ningde-era workers in many factories and found that they generally felt that they were "not as busy as they used to be." Some people have changed from "working 12 hours a day, 28 days a month" to "(working) five days and eight hours a week"; others have changed from "doing seven days off and one day" to "doing four days off and three days off"; and some departments have directly "two or three months off".

At the same time, the treatment of workers is also affected. On the one hand, fewer overtime hours lead to lower pay; on the other hand, promotion becomes difficult. Some workers said, "before the provident fund, I paid 700,700 in the company, which is 1400 yuan, not counting social security, including food and accommodation, compulsory rest for four days a month, and you can also get 6000 when you get it."but I'm tired. I can't stop for 12 hours." (now) five days and eight hours off, two days off on Sundays, only more than 4000 points after deducting five insurances and one fund. In terms of promotion, some workers said, "(in the past) two to three grades is half a year, but now the requirements are high, two high performance." three to four, (then) to one year, five high performance, don't even think about it. " Due to reduced income and job instability, some workers have chosen to leave. Some on-the-job workers said, "many people leave their jobs, mainly to find problems and drive people away. what are you doing here if you have nothing to do?" From the blue-collar recruitment customer service, employees and some labor intermediary companies in Ningde era, it is learned that there are basically no recruitment plans for ordinary workers in various factories at present.

According to SMM, cell production in China was 41.3Gwh in March 2023, up 1 per cent month-on-month but down 3 per cent from the same period last year. While production capacity has increased significantly. According to the data of Gonggong Lithium Power in January this year, the total production capacity of China's power and energy storage battery market is expected to be 2050GWhh in 2023, and the total production capacity of China's power and energy storage battery market is planned to be 1455GWh.

Moke, founder of the True Lithium Research Institute, said, "generally speaking, there is no half of the capacity utilization of power battery factories at present." Its analysis said that this is mainly due to the decline in lithium prices, inventory impairment, lack of downstream demand and other factors. He predicted, "when the price is stable, give people a fixed perception, the sales of new energy vehicles may slowly rise." Longzhong Information Lithium Battery analyst Lu Tianli said that the current destocking phase in the industry is coming to an end, and the follow-up needs to pay attention to the recovery of downstream demand. According to its estimate, the battery industry will not recover to last year's high until the third quarter.

CTOnews.com learned from the Automobile Association that the number of power batteries installed in China increased by 29.7% in March compared with the same period last year, ranking first in Ningde era, accounting for 44.95%.

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