Image source: BusinessKorea
According to BusinessKorea, there are more and more Chinese companies laying out cylindrical power batteries, and this market has always been centered on Japanese and Korean power battery suppliers.
It is reported that CATL, EWELL Lithium Energy and BAK Battery plan to start mass production of 4680 cylindrical batteries this year. Ewell Lithium energy and BAK batteries are currently building infrastructure for the production of NCM batteries with a diameter of 46 mm and a length of 80 mm.
The capacity and output of these batteries is at least 500% and 200% of that of existing cylindrical batteries. In addition, these batteries are easier to produce, less costly, and have advantages in battery system control and design. Panasonic, LG New Energy, Samsung SDI, etc. are also preparing to produce.
The report pointed out that so far, Chinese companies have been focusing on lithium iron phosphate batteries. However, with some automakers and EV startups, including Tesla, interested in the 4680 battery, they are shifting their focus to cylindrical batteries.
Specifically, Panasonic is currently in the final stages of development and plans to start production in Japan this year. LG New Energy and Samsung SDI are close behind. Lucid Motors is also considering using the same battery.
(Proofreading/Jimmy)
![Network transmission of Ningde times and other enterprises this year mass production of 4680 batteries customers or Tesla[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)