Battery production line is also the lifeline of electric vehicles. With the increase in demand and output of the electric vehicle market, battery supply has become the key to maintaining the steady supply chain. After four national ministries and commissions fully promoted new energy subsidies in 2013, China’s new energy market share soared, and it surpassed the United States in 2016 to become the world’s largest.
Time heroes. Since then, some experts have predicted that China's new energy market will usher in its own battery giant. We now seem to see this sign.
Lei Feng network news, recently, China's lithium-ion battery maker Ningde New Energy Technology Co., Limited (Contemporary Amperex Technology Co., Limited) and the Swedish automobile manufacturer NEVS signed a battery supply agreement in Beijing.
According to the agreement, Ningde Times and NEVS will establish a comprehensive strategic partnership and promote each other. Ningde will supply NEVS with a power battery pack to ensure the release of its electric vehicle production capacity. It is worth mentioning that in the next few years, Ningde Times plans to build several large-scale battery factories, which are equivalent to Tesla's “super factoryâ€.
The Ningde era, established in 2011, is quite young in the new energy battery industry. According to data learned by Lei Feng Network (public number: Lei Feng Network), in 2016, lithium-ion battery capacity in the Ningde Times tripled. By 2020, it plans to increase production capacity to 50 gigawatt-hours. If it goes well, the Ningde era will become the second largest battery manufacturer in the world after Tesla/Panasonic.
The predecessor of the NEVS was the Swedish Automobile Company Saab (SAAB). Not long ago, the NEVS had just obtained the qualification for new energy vehicles issued by the country and was approved to establish an electric vehicle factory with an annual production capacity of 200,000 units. According to Lei Feng network, at present, NEVS has got a large number of new energy vehicles from the domestic single, which means that their demand for battery packs exponentially increases.
In fact, NEVS' demand for batteries is much larger than it was supposed to. Previously, NEVS has been manufacturing batteries using Saab's production line in Sweden. And through cooperation with the Ningde era, NEVS will get a more stable battery supply to meet their large-scale demand for orders.
For this cooperation, NEVS chairman Jiang Dalong stated in the statement:
“The new energy battery technology and supply capability of the Ningde era can help us shorten the time for our products to enter the domestic new energy market. The Ningde era's local market experience and operating network in China will also benefit NEVS China customers.â€
NEVS expects that the Chinese plant will start operation by the end of 2017, when the production capacity will really be released.
The data shows that the battery products of the Ningde era are mainly composed of lithium iron phosphate (LiFePo) and nickel-cobalt-manganese (NCM) cylindrical battery cells, and most of them are supplied to the production of electric buses. However, the cooperation with NEVS will enable the company's products to successfully enter the passenger car market. With the new round of financing for expanding production capacity, the current market value of the company is approximately US$10 billion.
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