According to different power sources, power tools can be mainly divided into traditional electric power tools and rechargeable (cordless) power tools. Among them, cordless power tools started relatively late, and the batteries currently used are still dominated by nickel-cadmium batteries. Due to the obvious disadvantages in environmental protection and performance, nickel-cadmium batteries are destined to escape the fate of replacement, and lithium batteries are also considered to be the best substitute for nickel-cadmium batteries.
Considering the unique customer structure of Chinese power tool companies, with the gradual ban of nickel-cadmium batteries in countries such as the EU, it will play a leading role in other countries and regions, and the power tool industry will usher in a few years. The wave of lithium batteries "replace the tide".
The penetration rate of lithium batteries in power tools is expected to usher in a rapid outbreak in the short term. Many industry insiders believe that within 2-3 years, the penetration rate of lithium batteries in power tools is expected to exceed 60%, significantly surpassing nickel-cadmium batteries.
On the other hand, as the growth rate of the domestic power tool market begins to slow down, for the lithium battery manufacturers in the power tool industry, this wave of lithium battery "replacement tide" will be a rare opportunity. If you miss this opportunity, the related lithium battery manufacturers will find it difficult to find a more powerful growth "engine" for a long time.
In response to the changes in the power tool market, Zhang Xiaodong began to adjust his company's product strategy a few years ago. In addition to greatly increasing lithium battery capacity, it is expected that at the beginning of next year, Jiangsu Haisida will supply electric The ratio of lithium batteries of tool manufacturers to the number of batteries produced will increase from less than 20% to 50%, an increase of more than 2.5 times.