Jinlang Exhibition April China Battery Exhibition The tail battery brand is inevitably home

Mondo Cars Updated on 2024-01-30

New energy vehicle industry,Battery, motor, electronic control, and three electric are called core componentsThe power battery is also known as the "engine" of new energy vehicles, which shows the importance of power batteries in new energy vehicles. Therefore, new energy vehicle companies are playing the small abacus of power batteries for the sake of core independence, cost advantage, long-termism, etc.

And in the current field of power batteries,CATL and BYD as the absolute headIt is known as the top two in the world and firmly occupies the top two supporting markets. Other tail brands share less than half of the remaining market share.

CATL is nicknamed "Ningwang", and its ternary lithium battery dominates the global market; BYD's lithium iron phosphate batteries, especially its blade batteries, have accumulated advantages in solitary technology, not only providing large-scale supporting quantities for themselves, but also providing a large number of supporting facilities for the open market.

As the market becomes more and more competitive,The market concentration is getting closer and closer to the headThe power battery brand that follows behind, the survival and development space is becoming more and more difficult, and the market may not give them much time, and it is becoming more and more unrealistic to want to live in a stable place, or live in a corner.

The head eats meat and the tail drinks soup, but the further back, there may be brands that can't even drink the soup, and the third-party power battery market will definitely survive the fittestIn the end, there are no three or five left as stable ** merchantsJust like the engine manufacturers in the era of fuel vehicles, in addition to one supply, two supplies, and at most three supplies, who would have thought that four for five or even later?

Therefore, their future fate, or survival path, will be towards joint ventures with car companies, or being controlled or acquired by powerful car companies. The tail (generally refers to the non-head) third-party power battery brand is deeply bound or directly committed to the car company, which is the ultimate destination of industry development competition

This kind of example has now appeared, in the early and middle stages of involution, joint venture cooperation is deeply bound and is the preferred model. Dongfeng Motor has carried out in-depth joint venture cooperation with the tenth-ranked Sunwoda power battery brand

On June 17, 2022, Dongfeng Motor, Dongfeng Hongtai and Sunwoda Electric Vehicle Battery*** jointly entered into a joint venture agreement. The three parties will establish a joint venture company to jointly research, develop and produce cells, components and related parts for automotive power and energy storage batteries to meet the demand for automotive battery products from Dongfeng Motor, Dongfeng Hongtai and related parties.

After the establishment of the joint venture, Dongfeng Motor, Dongfeng Hongtai and Sunwoda electric vehicle batteries will:It owns % and 51% of its equity interests respectively。This also means that Dongfeng will have a 49% stake in the newly established company.

According to the agreement between the three parties, Sunwoda Automotive Battery will introduce battery products that meet the requirements to the joint venture, and Dongfeng Motor and Dongfeng Hongtai will give priority to purchasing battery products from the joint venture.

Third-party power battery companiesThe path of Sunwoda will become the direction and destination of many tail battery brands in the future.

This is only in the early and middle stage of competition in the past two years, the more common cooperation model between batteries and car companies; When the new energy vehicle industry develops to the final stage of fierce competition and mature competition, I believe that there are manyTail power battery companies will be actively or passively controlled or acquired by car companies. This is a two-way rush between the two sides, one is the competitive pressure faced by power battery companies, and the other is the inherent demand for battery autonomy and controllability and cost advantage faced by car companies.

It is believed that in the next three years, at most five years, there will be more tail (generally referring to non-head) power battery brands towards a deep embrace with car companies, and even commitment. The earlier layout is the first to create a future market value!

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