The online car market learned from official channels that CATL will release the replacement brand EVOGO on January 18. The power exchange mode of new energy vehicles is to centralize storage, centralized charging, unified distribution of a large number of power batteries in the replacement power station, and battery replacement of new energy vehicles in the replacement power station to achieve the effect of rapid energy replenishment and instantaneous full power.
As the largest power battery manufacturer in China, the battery of the Ningde era will reach 80.51GWh in 2021, accounting for 52.1% of the mainland's annual market share, far ahead in the field of power batteries, and now the battery industry giant has begun to bet on the power replacement business. So what is the power exchange mode, and is it worth making the Ningde era so high-profile investment?
In 2007, the world's first electric vehicle replacement company Better Place was established in Israel, and the power exchange mode is actually very simple: when the battery is low, the owner only needs to drive to the replacement station to replace a fully charged battery, and then continue to drive on the road. The power exchange model was first introduced into domestic practice by BAIC BJEV, and the business scope gradually spread from taxis to private cars. Although the outside world has mixed praise for this model, the power exchange mode in addition to charging has given new energy owners an additional energy option. The biggest advantage of the power exchange mode is that the energy replenishment time is shorter, which is especially obvious for new energy vehicles with high battery capacity and long charging time.
In October 2021, the Ministry of Industry and Information Technology launched the pilot work on the application of the new energy vehicle power exchange mode, and included 11 cities such as Beijing, Nanjing and Wuhan in the scope of the pilot. It can be seen that the power exchange model is supported at the policy level. In late December 2021, CATL signed an agreement with the Guizhou Provincial Government to cooperate in the construction of a power exchange network. According to the agreement, the two sides will cooperate in depth in the construction of power exchange network facilities, promote the improvement of power exchange capacity, and promote the high-quality development of the new energy industry.
In January 2022, the giant Ningde era of the power battery industry officially released the power replacement brand EVOGO, a high-profile entry into the field of power exchange, what kind of changes will be brought to the new energy vehicle market, and whether it can effectively solve the problem of slow energy supply speed for new energy car owners, which is worth our expectation and attention. However, for the Ningde era itself, after participating in the construction of the replacement power station, the battery shipments of the Ningde era will continue to rise. The most simple explanation is that in the past, a new energy vehicle was only equipped with a power battery, and in the future, it will be necessary to allocate additional backup batteries for the replacement power station. With the increase of substations, the battery shipments in the Ningde era will still rise year by year.