Recently, a big thing has happened in the new energy automobile industry! Independent brands are no longer the previous single soldier combat, but the strong joint establishment of a new company, jointly promote the development of the new energy automobile industry, this cooperation may break the battery industry a monopoly of the situation, or change the world's new energy industry layout, today we will take a look at this cooperation!
Let's start with new energy vehicles (mainly for electric vehicles), its kinetic energy source mainly relies on power batteries, and power battery manufacturers are few and far between, car companies are less self-sufficient, and most of the power batteries are monopolized by a small number of enterprises.
For example, we are familiar with the Ningde era, BYD, etc., in 2021, the global new energy industry outbreak, especially the domestic market can be described as a "blowout", and every electric vehicle to run up, are inseparable from the assembly of power batteries, power battery production directly determines the sales of the new energy automobile industry, but also every new energy vehicle company can not avoid the obstacles.
According to the latest institutional statistics: the top five global power battery installed capacity in 2021 are Cataline Times, LG New Energy, Panasonic, BYD, and SK On, with market shares of 32.6%, 20.3%, 12.2%, 8.8%, and 5.6%, respectively. Among them, BYD Automobile is mainly produced and sold by itself, which is a rare car company and a battery manufacturer.
At present, the pattern of power batteries is a seller's market, the top five car companies have a general ability to resist risks, and new energy vehicle companies are also easily affected by battery supply, which is very unfavorable to the development of the new energy automobile industry.
How to break the dilemma? At present, the Ningde era, which represents the largest market share, will certainly not be broken, but left to the market share is not more and no less, and is full of opportunities BYD Automobile, self-production and self-sufficiency can not be satisfied, with power battery technology BYD automobile, BYD wants a larger market share.
BYD Auto thought of a thoroughly open strategy, go out, find more partners, make the existing cake a little bigger, maybe you can break the dilemma, after all, there are more friends to go, for all car companies, there is no eternal friend, there is no eternal enemy, only eternal interests.
The first car company THAT BYD Automobile went out to find was China FAW, and the consensus on cooperation was also promoted very quickly, and in more than half a year, construction began:
On July 14, 2021, the Changchun Municipal Government, China FAW and BYD officially signed an investment cooperation agreement on new energy power battery projects, and bydir battery projects with an investment of nearly 10 billion yuan settled in Changchun.
On January 15, 2022, BYD and FawC china jointly established FAW Fudi New Energy Technology Co., Ltd. Mainly engaged in the production and manufacture of core components such as new energy cells, modules and related supporting industries, that is, the layout of the domestic northern power battery market.
On February 26, 2022, the joint venture power battery project between China FAW and BYD Co., Ltd. officially started construction in Changchun.
Let's take a brief look at the shareholding ratio of this joint venture company, BYD's wholly-owned subsidiary Fordy Industrial Co., Ltd. holds 51% of the shares, and China FAW Group Co., Ltd., a wholly-owned subsidiary of China FAW Group Co., Ltd., holds 49% of the shares. That is to say, BYD Automobile is the majority shareholder and has absolute control over planning and development.
According to the official project introduction: the total investment of the project is 13.5 billion yuan, covers an area of 800,000 square meters, the total production capacity of 45 GW, after completion and operation, it can meet the configuration needs of 600,000 electric vehicles per year, and the project will meet the supporting needs of 1 million new energy vehicles after full production, and achieve an output value of more than 20 billion yuan.
The data shows that in 2021, the global installed capacity of power batteries in the Ningde era will be as high as 96.7GWh, the installed capacity of LG new energy will be 60.2GWh, and the installed capacity of BYD will be only 26.3GWh. After the joint venture project of China FAW and BYD is put into operation, the domestic market is almost two more BYD installed capacity, and everyone says that this joint venture project is not cattle!
If the above figures are not clear enough, we can convert it into sales, according to the data released by the Association of Automobile Associations, BYD Automobile's new energy sales in 2021 exceeded 580,000 vehicles, winning the sales championship of new energy vehicle companies in 2021. After the FAW Fordy joint venture is put into production, the sales volume reaches the installed capacity of two BYDs, which is almost 1 million vehicles, which will completely change the market pattern of new energy vehicles.
BYD car sales are no longer a monopoly, and the installed capacity of the Ningde era is also full of variables in the future, but it should be noted that other power "power battery predators" will not sit still, and there will be corresponding methods.
In short, everyone remembers that the more new energy vehicles, power battery manufacturers, the more fierce the competition, the more advanced the technology, the price of the flat spread to the car will be relatively low, the last benefit is still the consumer, let the bullet fly for a while, we sit down and look at the final result!