Let's take stock of what major events happened in the automotive circle on December 12, 2021.
Auto Incident One: Volkswagen Group plans to sell or go public with its battery division
Recently, there have been media reports that Herbert Diess, CEO of Volkswagen Group, said that the company is preparing to partially sell or list the battery division, while preparing the battery sector to deal with the capital market, including the introduction of external partners. Diess has said volkswagen's battery division can be listed independently, and the division is expected to achieve sales of 20 billion euros by 2030.
To ensure that it is not affected by supply chain shortages when sprinting eviction sales in the next 5 years, Volkswagen recently announced three battery partners, with Umicor, 24M Technologies, and Vulcan Energy Resources Ltd, to promote vertical integration of the battery value chain, with a total price of up to $34 billion.
Automobile incident two: Yihuatong hydrogen fuel cell engine debut
Recently, the 240kW hydrogen fuel cell engine "G20+" developed by Yihuatong was officially launched. The hydrogen fuel cell engine is the first single-system vehicle fuel cell engine with a power rating of more than 200 kW, with a product quality and power density of 810 W/kg. Yihuatong defines the hydrogen energy industry through technological innovation and product iteration, leads the development of the industry, and contributes to carbon neutrality.
According to the data, Yihuatong's 240kW hydrogen fuel cell engine is developed by using independent integrated technologies such as AC impedance and comprehensive thermal management to achieve efficient and collaborative control of hydrogen, air, water, heat, electricity and other internal systems of hydrogen fuel cell engines, with the characteristics of high power, high response, high integration and high economy. As the latest product of G series fuel cell engine, G20+ has been successfully developed and greatly expanded the application scenarios of fuel cell technology.
Auto Incident Three: Cummins opens a new joint venture
Recently, we learned from Cummins China that the Enze Fund initiated by Sinopec Capital Corporation and Cummins are jointly funded by Cummins in a 50:50 ratio, and a joint venture company has been set up in China- Cummins Enze (Guangdong) Hydrogen Energy Technology Co., Ltd. (hereinafter referred to as the "Joint Venture"), which will land in Nanhai District, Foshan City, Guangdong Province.
At present, representatives of the Foshan Municipal Government and the joint venture company signed a landing agreement at the 2021 UNDP Hydrogen Energy Industry Conference held in Foshan to draw a blueprint for the development of green hydrogen. The joint venture will carry out localized product development, production and sales of leading proton exchange membrane (PEM) water electrolysis hydrogen production technology in China, and use water electrolysis technology plus renewable energy hydrogen production technology to jointly promote the development of green hydrogen production schemes and break through the bottleneck of renewable energy development.
Automobile incident four: Hainan has built a total of 31,523 charging piles
Recently, as of the end of October 2021, a total of 31,523 charging piles have been built in Hainan Province, of which 38,037 are charging guns, and the vehicle-to-pile ratio has reached 2.66:1, which is better than the national average of 3.2:1, and has initially realized the layout of charging piles moderately advanced, and the situation of vehicle pile development can basically meet the use of existing car owners.
Song Liming, an engineer of the Hainan Charging Infrastructure Information Management Platform, said that as of the end of October 2021, there are 63 charging pile operating enterprises connected to the Hainan Charging Infrastructure Information Management Platform, 1198 charging stations, and 9090 charging piles, including 4796 DC piles, 4293 AC piles, 1 AC and DC integrated pile, and 12888 charging guns.
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