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The domestic battery giant went bankrupt, with debts of 19.7 billion yuan and arrears to 599 suppliers, which is regrettable!

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Introduction: The domestic battery giant went bankrupt, with debts of 19.7 billion yuan and arrears to 599 suppliers, which is regrettable!

As we all know, in recent years, under the strong support of the state, the mainland's new energy automobile industry has ushered in a rapid development, not only in the country was born a large number of new energy vehicle companies, but also the birth of a number of new energy vehicle upstream and downstream industrial chain enterprises, the development of its Chinese battery enterprises is very eye-catching, like the mainland's Ningde era, BYD's new energy battery has almost been at the forefront of the world, which is also worthy of our pride and pride!

The domestic battery giant went bankrupt, with debts of 19.7 billion yuan and arrears to 599 suppliers, which is regrettable!

It is worth mentioning that the rapid development of the domestic new energy automobile industry is based on the state's strong subsidies and support, so there are also some enterprises in the domestic market to shoddy, and "arbitrage" subsidies, so after the gradual improvement of the domestic new energy automobile industry chain, we also reduced the subsidies to the new energy industry, which also let many enterprises immediately reveal the original form, and even domestic battery giants have debts of 19.7 billion, arrears of 599 suppliers, direct bankruptcy!

The domestic battery giant went bankrupt, with debts of 19.7 billion yuan and arrears to 599 suppliers, which is regrettable!

After only 4 years, why did the domestic battery giant fall?

In the domestic battery market, Ningde times and BYD is undoubtedly a well-deserved leading enterprise, their products not only supply many domestic car companies, but also supply international giants such as Tesla in the United States, so their development strength is also relatively strong; with the competition in the entire battery market continues to intensify, many small and medium-sized battery manufacturers that rely on subsidies have a crisis, according to CCTV reports, domestic battery giant Waterma has been declared bankrupt by the court, you know, Watermar is one of the earliest domestic lithium iron phosphate battery enterprises, at the peak, its products sold well in 31 provinces in China, and exported overseas, but only 4 years later, why did Watermar fall?

The domestic battery giant went bankrupt, with debts of 19.7 billion yuan and arrears to 599 suppliers, which is regrettable!

Market share over 26.6%

As one of the first enterprises to enter the development of the field of new energy batteries, Waterma has also seized the opportunity for the development of this field, and Waterma has also combined with more than 200 domestic car companies and upstream and downstream supply chain enterprises to form an alliance with its own technology research and development advantages, in this alliance there are many giant car companies such as Dongfeng Motor and China FAW; with the support of alliance enterprises, Waterma has also obtained a lot of orders, and in the lithium iron phosphate battery market, At its peak, Watma's market share also exceeded 26.6%, making it one of the top battery giants in China!

The domestic battery giant went bankrupt, with debts of 19.7 billion yuan and arrears to 599 suppliers, which is regrettable!

The safety accident of battery products directly crushed the company's development

But the good times are not long, with the Ningde era and BYD began to exert efforts in the field of lithium iron phosphate batteries and ternary lithium batteries, Watmar soon lost, after all, ningde times and BYD are both started by technology, the strength is better; and Watmar in order to seize market share, but also ignore the research and development of core technologies, and blindly expand, and this also led to Watma's capital chain began to have problems, in this process, Watmar's battery products even appeared some safety accidents, This also directly became the last straw that crushed Walmart, after losing a large number of orders, Walmart was in debt of 19.7 billion yuan, and owed 599 suppliers money, and was finally declared bankrupt by the court!

The domestic battery giant went bankrupt, with debts of 19.7 billion yuan and arrears to 599 suppliers, which is regrettable!

Science and technology enterprises must adhere to the road of independent innovation

It can be said that the ending of Watmar is still more regrettable! As one of the first people in the domestic new energy battery field to eat crabs, Waterma has had many opportunities, but they have not seized, and the facts have proved that if technology companies want to achieve long-term development in the market, then they must adhere to the road of independent innovation like Huawei, master the core key production technologies, and avoid blind expansion, only in this way can they develop better, I don't know what you think about it?

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