On October 20, Tesla released the third quarter financial report, the data is quite gorgeous, Musk is very satisfied and saves a lot of heart, and even did not participate in the financial report. At the earnings report, Tesla said that the batteries used in the Model 3/Y standard mileage version will transition to lithium iron phosphate (LFP) batteries worldwide. This news means that the demand for lithium iron phosphate batteries in the future power battery market will be stronger.
In June this year, CATL renewed a 4-year power battery purchase agreement with Tesla, when Tesla was also exposed to launch the Model Y lithium iron phosphate version, and the cooperation with CATL was generally considered to be the prelude to the launch of the lithium iron phosphate version. Compared with ternary lithium batteries, lithium iron phosphate batteries due to low cost, high stability and favored by car companies, this year, a number of companies have successively launched lithium iron phosphate version of the model, and the domestic lithium iron phosphate loading volume also exceeded the ternary lithium, and achieved a continuous several months of leadership, the development momentum is very strong.
However, coveting the lithium iron phosphate battery market is not only the Ningde era, and BYD, the second largest battery manufacturer in China, is not willing to show weakness. Recently, according to media reports and sources, BYD has now won a 10GWh battery order from Tesla. This means that the Catalpa era is not the only choice for Tesla to launch the Model Y lithium iron phosphate model, and BYD's blade battery has officially entered Tesla's scope of application.
It was revealed that BYD owns a lithium iron phosphate (LFP) battery factory in Pennsylvania, usa, which mainly supplies batteries for the sale of BYD electric buses in the United States. Tesla considered BYD blade batteries, in fact, there was news in August this year, when there were media reports that Tesla has been testing blade batteries. Prior to this, Apple also had contact with BYD.
In June, Reuters reported that Apple was discussing LFP battery supply issues with NINGDE Times and BYD. Apple hopes the two Chinese companies will build factories in the United States and supply LFP batteries for Apple's electric vehicles. Still, Apple's smart car business has been in a phase of secrecy, and there isn't much information to prove its progress. Recently, industry insiders revealed that Apple's negotiations with Ningde Times and BYD have basically stalled, and Japan's Panasonic is regarded as a potential battery supplier.
The two giants have seen two very different results in cooperation with these two battery giants, but this does not affect the Ningde era and BYD's expansion. In September, the Ningde era rode the dust with a domestic proportion of more than 50%, and BYD ranked second. Looking at the international market, LG, Samsung and other Korean companies are not far behind, and this year they have built factories and expanded production around the world, ready to compete with domestic manufacturers. With the rising penetration rate of electric vehicles, the next 5 years will become a key period for battery companies to "set the country".
The material comes from the Internet, if there is any infringement, please contact the author to delete
Editor: Su Hua