Weilai and BAIC are in front, is Geely's power exchange road easy?

With the proposal of carbon neutrality goals and the landing of related policies, the era of power exchange with replacement charging is quietly coming to us.

In the automotive field, with the rapid development of new energy vehicles, there are new requirements for charging. Saving charging time with the mode of replacement charging alleviates the user's mileage anxiety to a certain extent and meets the needs of public travel. The large demand for endurance has also attracted new car-making forces and traditional car companies to compete for layout.

Songguo Finance was informed that according to the news of Tramway on January 24, Geely Automobile Hong Kong Stock Exchange announced that the joint venture company established by Geely and Lifan Technology has completed the industrial and commercial registration procedures and obtained a business license issued by the Market Supervision and Administration Bureau of Chongqing Liangjiang New Area, China, named Chongqing Ruilan Automobile Technology Co., Ltd. (hereinafter referred to as "Ruilan Automobile").

The announcement shows that Ruilan Automobile will launch a variety of power forms of products in the future. Based on self-developed power exchange technology, Ruilan Automobile is committed to creating an intelligent power exchange ecology and providing competitive power exchange products and services for the market. It is planned to build more than 5,000 ultra-fast power stations by 2025, covering more than 100 core cities, in addition, the two sides will launch a new power exchange brand, and launch the "Wake Up Free Force 2022" tram replacement system global name campaign.

It is understood that the joint venture company established by Geely and Lifan mainly provides a complete set of solutions for B-end and C-end users, including power exchange products and power exchange services. Geely and Lifan joint venture company will adopt the GBRC platform, which is highly compatible and can adapt to a wide wheelbase range of 2700~3100mm, covering many categories such as cars, SUVs, MPVs and even logistics vehicles, light trucks, etc., to meet the needs of different markets such as online car-hailing, private car, taxi, logistics vehicle and so on.

According to the planning of both sides, the future "power exchange" service will not only be "power exchange", but also include the "vehicle power separation" management mode and ecological layout of vehicle battery operation, decommissioned battery energy storage and utilization, and scrap battery regeneration.

Before Weilai announced that the 700th substation was achieved, which means that the number of construction in 2021 increased by nearly 10 times year-on-year, and the 2021 annual target was completed ahead of schedule; BAIC BJEV also plans to build more than 100 substations in Hainan, Dongguan, Zhuhai, Shenzhen, Shandong, Shanxi and other provinces and cities; recently, the field of power exchange has added another fierce general - The Ningde era opens the layout, and it is not easy for Geely to take a share of this trillion-dollar power exchange blue ocean.