6 billion, 20GWh! Two battery projects including Changan were put into production/expanded

As a key part of the new energy vehicle industry, batteries have become the focus of joint layout among industry players. Recently, Changan Automobile and Guoxuan Hi-Tech have made the latest breakthroughs in batteries:

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• Changan Automobile: Changan Automobile’s joint venture with CATL and Deep Blue Automobile welcomes its first Changan project

Batteries

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• The product rolled off the production line, achieving "1 cell per second"; Guoxuan Hi-Tech: Guoxuan Hi-Tech signed a cooperation agreement with its Slovak partner InoBat and plans to build its second European factory in Slovakia with a planned production capacity of 40GWh in the future.

Changan Automobile: Investing 6 billion to launch the first battery cell

On November 24, Times Changan Power Battery Co., Ltd. , a joint venture between Changan Automobile, CATL and Shenlan Automobile , welcomed its first standard battery product off the production line.

It is reported that the Times Changan project is located in Yibin City, Sichuan Province. The total investment of the project is 6 billion yuan, the annual output value is 15 billion yuan, and it covers an area of ​​more than 1,000 acres. According to the relevant person in charge, the first standard battery cell uses a number of world-leading cutting-edge technologies such as "fast ion ring graphite" and "ultra-high conductive electrolyte ", and integrates 4C ultra-fast charging to charge from 20% to 80% in just 10 seconds. minute. In addition, the project adopts the industry's latest generation of super wire drawing technology, which can achieve high flexibility and rapid model change. The factory automation rate reaches more than 95%. The production line can produce one battery cell in one second during the entire cycle from material input to finished product output. , the current daily production capacity can assemble 2,000 new energy vehicles.

On November 17, Changan Automobile released a new battery plan and officially launched the power battery brand - Changan "Golden Bell". According to Changan Automobile's plan, Changan Automobile will achieve a three-pronged breakthrough in the battery technology path, focusing on liquid batteries, semi- solid batteries , and solid-state batteries. By 2030, eight types of battery cells including liquid, semi-solid, and solid will be launched, creating a battery production capacity of no less than 150GWh. At present, many brands such as Changan Qiyuan and Changan Deep Blue have been equipped with Changan Automobile's "Golden Bell Cover" batteries.

In addition, Changan Automobile has also established a battery research institute with more than 1,200 battery research and development talents, including 125 senior experts and top academic talents. In the future, in addition to expanding production capacity, Changan Automobile will also invest 10 billion yuan to expand human resources. By 2024, the battery team will reach 3,000 people.

Guoxuan Hi-Tech: The second European factory with an annual output of 20GWh is here

On November 23, Guoxuan Hi-Tech and Slovak partner InoBat signed a memorandum on Thursday to build an electric vehicle (EV) battery factory in Slovakia. It is reported that Gotion InoBat Batteries, a joint venture between Guoxuan Hi-Tech and InoBat, plans to start production at the factory in 2026, with an initial production capacity of 20GWh of electric vehicle batteries per year .

According to the previous agreement signed between Hefei Guoxuan, a subsidiary of Guoxuan Hi-Tech, and InoBat, in the field of battery cell manufacturing, the two parties plan to jointly explore opportunities to build a 40GWh battery cell and Pack factory in the form of a joint venture. In the field of technical cooperation, cooperation will be based on the advantages of both parties in the fields of lithium iron phosphate and ternary lithium batteries . In the field of energy storage, the two parties will make full use of InoBat's existing factory in Slovakia to jointly explore the potential of energy storage battery production to rapidly expand the European market.

On September 1, InoBat officially announced that Guoxuan Hi-Tech has acquired 25% of InoBat’s equity. This equity acquisition is also to prepare for the implementation of subsequent battery projects and promote the expansion of Guoxuan Hi-Tech's production lines in Europe through InoBat. It is reported that this is Guoxuan Hi-Tech’s second battery factory in Europe. The first factory is located in Göttingen, Germany. Its products cover power batteries and energy storage batteries, with an overall planned production capacity of 20GWh. On September 16, Guoxuan Hi-Tech's German factory was officially put into production. It is expected to have an annual output value of 2 billion euros (approximately RMB 15.65 billion) and will be able to supply European customers starting in October.

In addition, Guoxuan Hi-Tech has also successively planned multiple production bases in the North American and Southeast Asian markets, with products covering lithium-ion batteries , lithium iron phosphate batteries , positive and negative electrode materials , etc.:

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• In the North American market, Guoxuan Hi-Tech has built positive and negative electrode material factories and lithium-ion battery factories in Michigan and Illinois respectively, with a total investment of US$4.4 billion (approximately RMB 31.46 billion), and a planned lithium-ion battery pack production capacity of 10GWh, lithium-ion battery cell production capacity of 40GWh; in the Southeast Asian market, Guoxuan Hi-Tech has built lithium iron phosphate battery factories and power battery pack factories in Vietnam and Thailand respectively, supporting the Vietnamese new energy vehicle brand VinFast, with a planned annual production capacity of 150,000 vehicles.

According to the plan, Guoxuan Hi-Tech plans to achieve a global production capacity of 300GWh by the end of 2025, including 200GWh domestically and 100GWh overseas. At present, Guoxuan Hi-Tech has established an overseas R&D, operation and marketing team of nearly 800 people, and the construction of overseas bases is progressing steadily.