CATL released the EVOGO power exchange brand The new energy vehicle electric separation mode or the outlet

Recently, the Ningde era can be described as a continuous action, the development of battery technology at the same time, but also actively deploy the development of power exchange business.

On January 18, 2022, Times Electric Service held its first press conference online to release the overall solution of EVOGO, a power exchange service brand, and a combined power exchange. Times Electric Service is a wholly-owned subsidiary of CATL and will be committed to providing mobile power solutions and services. The overall solution of combined power exchange is composed of three major products: "power exchange block, quick change station and APP".

According to the information of Tianyancha, on December 27 last year, CATL added a number of "Big Mac power block", "chocolate power block", "chocolate power block" trademark application information, the international classification involves scientific instruments, means of transport, etc., the current trademark status is "registration application".

Official information shows that the weight energy density of the "chocolate exchange block" is more than 160Wh/kg, the volume energy density is more than 325Wh/L, and a single battery can provide an endurance of about 200 kilometers, and can be adapted to the pure electric platform developed by 80% of the world's 80% that have been listed and will be listed in the next 3 years.

It is said that the "chocolate exchange block" can be applied to passenger cars from A00 class to B class and C class, as well as logistics vehicles. The substation can be adapted to the use of "chocolate power exchange block" of various brand models, breaking through the adaptation barrier between the battery and the model, and realizing the freedom of choice of the power exchange model.

Consumers can "rent electricity on demand" and freely choose the number of rented replacement blocks according to their own usage scenarios and habits. With "rent electricity on demand," consumers commute around the city on a daily basis and only need to rent one block. If you're traveling long distances, you can choose between two or three blocks.

At the same time, the EVOGO combined power exchange solution can be charged and exchangeable, and together with the existing home charge and fast charge, it constitutes a full-scenario energy replenishment method.

The promotion of the national policy for the power exchange model is undoubtedly an important supporting force for enterprises to enter the track. In November 2020, the State Council issued the "New Energy Vehicle Industry Development Plan (2021-2035)", which requires accelerating the construction of charging and replacing infrastructure and coordinating the construction of intelligent road network facilities. Promote the scientific layout of infrastructure such as charging and replacing electricity, hydrogenation, etc., accelerate construction, and give financial support to the construction of charging piles as public facilities.

In October 2021, the Ministry of Industry and Information Technology launched a pilot application of the new energy vehicle power exchange mode, and 11 cities were included in the scope of the pilot. There are 11 cities included in the scope of the pilot, including 8 cities with comprehensive application (Beijing, Nanjing, Wuhan, Sanya, Chongqing, Changchun, Hefei and Jinan), and 3 cities with heavy truck characteristics (Yibin, Tangshan and Baotou).

Shortly after the release of the "New Energy Automobile Industry Development Plan (2021-2035)", CATL established a joint venture with Hongda Blasting Engineering Group Co., Ltd. to establish a new energy technology co., LTD., and the company's business scope includes "charging and replacing facility sales", which is suspected of initially involved in the field of power exchange.

On December 16, 2020, Fujian Hongda Times New Energy Technology Co., Ltd. was established with a registered capital of 30 million yuan. The shareholding structure shows that the majority shareholder of the company is Hongda Blasting Engineering Group Co., Ltd., holding 34% of the shares, and Ningde Times New Energy Technology Co., Ltd. holds 26% of the shares.

According to the data, the business scope of Fujian Hongda Times New Energy Technology Co., Ltd. includes: science and technology promotion and application services; charging pile sales; plug-in hybrid special engine sales; motor vehicle charging sales; new energy vehicle production and test equipment sales; emerging energy technology research and development; new energy vehicle replacement facilities sales; new energy vehicle electrical accessories sales; battery sales.

At that time, Caijing Auto contacted the Ningde times on the main business of the new company and the early development plan, and the other party did not respond to the request for comment.

On December 29 last year, data released by South Korean market research institute SNE Research showed that from January to November 2021, CATL still maintained its dominant position in the electric vehicle battery market. CATL ranked first with a market share of 31.8%, 10 percentage points higher than the second place LG Energy Solution. BYD ranks fourth with a market share of 9%. SNE Research noted that from January to November, Chinese companies led the growth of the electric vehicle battery market. Compared with the same period in 2020, CATL and BYD increased by 180% and 192% respectively.

The release of EVOGO and the overall solution of combined power exchange is undoubtedly a major signal of business expansion in the Ningde era. Chen Weifeng, general manager of Times Electric Service, said that the EVOGO power exchange service will be launched in 10 cities in the first batch. According to industry insiders, the Cataline Era power exchange will be for all car companies.

In this regard, Weilai Automobile, a domestic new car manufacturer and also a fan of the power exchange model, responded that it welcomes all innovations and business models that are conducive to the convenience of electric vehicle owners and convenient travel. Weilai said that Weilai and NINGDE Times are shareholders of the battery asset company Wuhan Weineng, and the two sides have been cooperating in this regard. Investing resources in the construction of electric vehicle energy supplementary infrastructure is necessary and beneficial to promote the popularization of intelligent electric vehicles and promote the development of the transportation field in the direction of low-carbon environmental protection. At present, the most important competition is the competition between electric vehicles as a whole and fuel vehicles, so all innovations and business models that are conducive to the convenience of electric vehicle owners and convenient travel are good news for all electric vehicle brands.

Zhang Xiang, an analyst in the automotive industry, once told caijing Auto that the power exchange model will make car companies bear a heavier burden, and in theory, a car should be equipped with two sets of batteries. A set of batteries costs more than 100,000 yuan (yuan), and the cost of a replacement power station exceeds one million (yuan).

The Ningde era entered the power exchange track, and some research institutions expressed optimism.

A few days ago, Yingda Securities released a research report saying that the Ningde era will enter the power exchange track, which will drive the development of the power exchange model in the short term, and the giant will enter the game, and the power exchange model is expected to rise. Yingda Securities said that the power exchange model has been supported in the policy aspect, and the mainland has introduced a series of encouragement and support policies for the power exchange industry, which has played an important role in promoting the development of the power exchange industry in the mainland. The biggest difference between the power exchange mode and the charging mode is that the battery energy replenishment efficiency is high. According to incomplete statistics, by 2025, there will be at least 20,000 new substations in China. The corresponding operating market size of the market is expected to reach 263.1 billion yuan, and the replacement power station equipment market will reach 69.3 billion yuan.