preface
With the growing of the new energy automobile industry, many manufacturers and enterprises have devoted themselves to the new energy automobile industry chain to seize the development of the times.
As we all know, new energy vehicles have the advantages of less pollution, low noise, low energy consumption, fast start, cheap price, etc., which are sought after by consumers, but at the same time, new energy vehicles also have short boards such as short mileage, difficult single charging, and long time. How to make the charging of new energy vehicles as convenient and fast as "refueling gasoline"? The spotlight hit the "battery change"!
A number of enterprises layout power exchange track
At present, there are two main ways to charge new energy vehicles, one is charging pile charging, and the other is to replace the battery, that is, to replace the power.
As one of the important "energy replenishment" ways for new energy vehicles, power exchange has the advantages of reducing car purchase costs, eliminating mileage anxiety, accelerating charging time, improving safety levels, etc., which has received continuous attention from the market, and many companies have entered the golden track of power exchange.
The power exchange industry is restricted
The data shows that as of October, the number of domestic substation construction is 1086, the current domestic power exchange model is still in the initial stage, the large-scale development of power exchange is subject to such as: high cost, battery standards are not uniform, the profit model of the replacement power station is vague, and the construction of replacement power stations by various car companies is not mutually accessible.
Is the track a major positive coming?
In the 2021 government work report, from "construction of charging piles" to "increase charging piles, substations and other facilities"; recently, a well-known institution reporter reported that the implementation of opinions on further improving the service guarantee capacity of charging and replacing infrastructure will be introduced in the near future.
Looking back, in August, the national new energy vehicle power exchange mode application pilot video defense; at the end of October, 11 cities new energy vehicle power exchange mode application pilot work was carried out.
All indications show that with the acceleration of the introduction of industry standards, the development space of the power exchange market is gradually opened, and the future battery standards are expected to be unified, and open services and shared resources between enterprises. The power exchange industry is expected to usher in a stage of rapid growth.
The track of the 100 billion new energy market has opened
Some institutions predict that in 2025, the proportion of power replacement models will reach 30%, the demand for supporting power stations will be about 28,000 seats, and the market size of the industrial chain will total about 300 billion yuan. With the gradual recognition of the power exchange mode, many vehicle manufacturers such as Dongfeng, Weilai, SAIC, Geely, Changan and so on have cut into the power exchange track.
Recently, Sinopec's 1,000th charging and replacing power station was officially completed and put into operation, and it was also revealed that 5,000 charging and replacing power stations will be built during the 145 period.
What is the industrial chain of the power exchange concept?
At present, the power exchange industry chain is mainly divided into upstream substation manufacturing: (charging system, power battery, design scheme, quick change system), middle and downstream substation operation.
The list of the top ten leaders in the core industry chain of power exchange was exposed!
GCL Energy: The total market value is 24.804 billion yuan, an increase of 28.34% in the past 20 days, and the dynamic price-earnings ratio is 25.64 times
Leading domestic integrated clean energy service provider, substation operator, GCL Energy focuses on clean energy power generation, cogeneration and integrated energy service business.
By focusing on key scenarios such as heavy trucks and operating vehicle replacement power stations, and cooperating with CICC Capital to sign a contract with CICC Capital to sign ten cities and 100 stations, the first batch of substations have been put into operation, and will operate in 11 cities in China before the end of the year, and it is expected that by 2025, GCL Electric Port will serve more than 50w of new energy vehicles.
Recently signed a strategic cooperation with FAW Jiefang (the leader of medium and heavy trucks) and Vision Power (intelligent battery technology company), the three parties will be on the green energy development, energy trading, transportation platform and other links will be synchronous layout, this cooperation can accelerate the docking of heavy trucks, power stations and battery systems, open up the heavy truck replacement industry chain.
Hanchuan Intelligent: The total market value is 6.270 billion yuan, an increase of 9.66% in the past 20 days, and the dynamic price-earnings ratio is 92.60 times
Power exchange equipment manufacturers and equipment maintainers, Hanchuan Intelligent is mainly engaged in the research, production and sales of intelligent manufacturing equipment, and has a deep global customer pool in the automotive electronics, medical and health industries.
Benefiting from the penetration of vehicle electrification, its business in the fields of automotive electrical connection and sensors has continuously made breakthroughs, and has also developed important customers such as Aptiv, ZF, and MAHLE.
Continue to develop new energy business, cut into power, energy storage, fuel cell and other market segments, with CATL times, Ewell Lithium Energy, Sunwoda and other customers.
In the field of power exchange equipment, Hanchuan Intelligent has the first-mover advantage and strong technical advantage in the equipment production and operation and maintenance links, and the current power exchange equipment prototype has been recognized by many customers, and will continue to strengthen the resource investment in this business in the future.
Bozhong Seiko: The total market value is 20.331 billion yuan, an increase of 4.36% in the past 20 days, and the dynamic price-earnings ratio is 108.05 times
Bozhong Seiko specializes in automation equipment, automated flexible production lines, automation key components products research and development, production, sales, products are widely used in consumer electronics, semiconductors, new energy and other industries.
Bozhong Seiko precision mechanical design, motion control, core algorithm has a deep technical accumulation, in the field of new energy can provide lithium battery manufacturing standard equipment, intelligent charging and replacement power station and other equipment, the current self-developed substation products have been iterative for 6 generations, is one of the main equipment suppliers of Weilai automobile substation.
In terms of new energy vehicle power exchange, it has also developed customers such as BAIC Group-Blue Valley Wisdom and Geely Automobile Subsidiary Jizhi Technology.
3 minutes to complete the battery replacement of electric vehicles, Bozhong Seiko brought surprises, there may be many more in the future.
Hanma Technology: The total market value is 6.903 billion yuan, an increase of 4.35% in the past 20 days
The leading heavy-duty truck manufacturer in China, Hanma Technology is mainly engaged in the research, production and sales of heavy trucks, special-purpose vehicles and auto parts, and is one of the largest tank-type special-purpose vehicle manufacturers in China. Its products include heavy-duty vehicle chassis and vehicles, heavy-duty special vehicles, buses, etc., with two major brands of "Xingma" and "Valin".
Hanma Technology has the production qualifications of heavy truck chassis, heavy truck vehicle and special vehicle, and new energy products include pure electric van transport vehicles, power-changing heavy duty tractors, dump trucks, and concrete mixer trucks. In 18 years, Hanma Technology has launched the country's first power-changing tractor, which can achieve rapid power replacement in 3-5 minutes and efficient energy supply.
With the entry of Geely Commercial Vehicle Group, it will fully empower Hanma Technology and continue to strive to cultivate the field of new energy commercial vehicles.
Shandong Weida: The total market value is 8.435 billion yuan, an increase of 15.74% in the past 20 days, and the dynamic price-earnings ratio is 22.69 times
Power tool drill chuck leader, Weilai second-generation replacement power station supplier, Shandong Weida mainly engaged in power tool accessories business, high-end intelligent equipment manufacturing business and new energy business three major sectors, is the leader of new energy vehicle charging and replacement,
While maintaining the leading position in the power tool accessories business, Shandong Weida has a number of inventions and new patents in the fields of mechanical design and electrical control of new energy vehicle rapid automatic replacement power stations.
Through the investment in Wuhan Weineng battery assets, and the WEILAI team to develop the second generation of replacement power station, the current customers are Nio Automobile, Dongfeng Liuqi and so on.
Guodian NARI: The total market value is 243.278 billion yuan, an increase of 13.01% in the past 20 days, and the dynamic price-earnings ratio is 44.27 times
Leading domestic power equipment, NARI is a provider of energy Internet solutions for customers, and is a leading enterprise in the field of energy, electricity and industrial control in China.
NARI focuses on four major business sectors such as power grid automation and industrial control, relay protection and flexible transmission, and in the field of power exchange, NARI has battery replacement equipment and heavy truck replacement equipment with independent intellectual property rights.
At present, dozens of substations of various types such as bus two-step, one-step, and vehicle chassis power exchange have been established in 9 provinces and regions such as Tianjin and Hebei. In the Lishui District of Nanjing City, a new generation of heavy-duty truck replacement power stations has also been put into operation. The IGBT business is one of the strategic emerging industries that the company focuses on cultivating.
Xu Ji Electric: The total market value is 27.598 billion yuan, an increase of 40.50% in the past 20 days, and the dynamic price-earnings ratio is 35.24 times
One of the leading domestic power equipment companies, Xu Ji Electric focuses on the research, production and sales of primary and secondary equipment for power systems, and is a state grid charging and replacing equipment manufacturer.
Xu Ji Electric has been deeply engaged in the field of power equipment for many years, and its core business products cover all aspects of the power system, and have the manufacturing capabilities of ultra-high voltage HVDC transmission, smart distribution network, intelligent substation, and electric vehicle charging and replacing equipment.
In terms of power exchange business, he participated in the construction of substations such as Sihui, Tianjin Haitai and Beijing Gaoantun. With the construction of a new power system, it is expected to spawn new business growth points in the future.
HKUST Intelligence: Total market capitalization of 9.995 billion yuan, down 2.29% in the past 20 days
Industrial automation leader, HKUST Intelligent's main business is industrial intelligence, through the active layout of advanced robot control, artificial intelligence, big data and other intelligent technologies, products are widely used in automotive, electric power, consumer goods and other fields.
HKUST Intelligent is one of the few domestic enterprises that can break the monopoly of foreign high-end robots, and the domestic market share of fist product manipulators continues to lead.
As a substation solution provider, its new energy vehicle substation has been iterated 5 times, providing WEILAI with substation business, obtaining production orders for multiple sets of substations of Geely Automobile, and achieving partial delivery. At present, HKUST's intelligent substation business is developing well.
Sinopec: The total market value is 510.921 billion yuan, an increase of 2.93% in the past 20 days, and the dynamic price-earnings ratio is 7.37 times
China's top energy giant, Sinopec, has actively embraced the energy revolution by accelerating transformation and upgrading, vigorously laying out the charging and replacing business, and helping to achieve the goal of "double carbon".
It has jointly built the world's first fully intelligent substation with WEILAI, and recently started the construction of the world's largest photovoltaic green hydrogen production project in Xinjiang Kucha, and currently has 38 hydrogen refueling stations, 1,000 charging and replacing power stations, and 1,000 distributed photovoltaic power generation stations.
Sinopec plans to build 1,000 hydrogen refueling stations, 5,000 charging and replacing power stations, and 7,000 distributed photovoltaic power generation stations during the 145 period, and strives to move towards the goal of the world's leading clean energy chemical company and China's first hydrogen energy company.
CATL: The total market value is 1,534.5 billion yuan, an increase of 6.19% in the past 20 days, and the dynamic price-earnings ratio is 153.80 times
Power battery leader, power battery set of the company, NINGDE times focus on new energy vehicle power battery business, energy storage business, for many years to maintain the global power battery installed capacity ranked first.
As the core supplier of Tesla, "Ningwang" has many comprehensive advantages in the fields of production capacity, customers, research and development technology, industrial chain layout and other fields; in terms of energy storage, the layout is earlier, and it is expected to form a synergistic scale effect by increasing cooperation with China Huadian, National Energy Group, Three Gorges Group and other companies.
CATL, Meituan, Hello Travel and Ant Financial jointly funded the establishment of Xiaoha Power Exchange, and also jointly established the Domestic Two-Wheel Power Exchange Ecological Alliance with more than 20 units in the industry.
There are also power battery manufacturers such as Sunwoda also entering the power exchange market, and in terms of volume, the current power exchange business has less impact on performance.
(The above content is only based on the industry and company fundamentals and other public information collation and summary, only for sharing and exchange learning, not as a basis for buying and selling!) ）
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