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Dong Mingzhu: Gree will not enter the family car market in the future

Recently, Dong Mingzhu, chairman and president of Gree Electric Appliances, said when asked whether its subsidiary Gree Titanium New Energy intends to enter the family car market: "There are too many enterprises entering the family car now, in this case, why should Gree come here? But I believe that there will be good companies that will slowly stand out. At the same time, she said that the main scenarios of Gree Titanium New Energy include buses, sanitation vehicles, cleaning vehicles, medical system detection vehicles and Jingdong logistics vehicles. ”

Dong Mingzhu: Gree will not enter the family car market in the future

She added: "After Gree formally acquired Yinlong, it has carried out long-term planning in energy storage technology. Now a new rectification has been carried out, and major changes have been made in terms of technical paths, management, talents, etc., and at present, initially, there are a little results. Future energy storage must have great market prospects, and it is also a strong support for the "double carbon" goal. ”

On August 31 last year, Gree Electric Appliances bid for 30.47% of the equity of Yinlong New Energy Co., Ltd., and Dong Mingzhu entrusted the voting rights corresponding to the 17.46% equity of Yinlong New Energy held by him to the company. After the completion of this transaction, Gree Electric Appliances will hold 30.47% of the equity of Yinlong New Energy, and jointly control 47.93% of the voting rights of Yinlong New Energy, yinlong New Energy will become the holding subsidiary of Gree Electric Appliances, and subsequently renamed Gree Titanium New Energy.

Dong Mingzhu: Gree will not enter the family car market in the future

It is understood that Gree Titanium New Energy has the industry-leading lithium titanate battery in safety performance, the actual battery production capacity of lithium titanate, which ranks first in the world, and the actual battery production capacity of lithium iron phosphate, which ranks high in China. In addition, Gree Titanium New Energy also has a complete range of commercial vehicles, special vehicles, logistics vehicles and other models, of which the new energy bus industry ranks first.

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