In just one week, Funeng Technology (688567SH) strategic product SPS ushered in two major nodes.
On December 2, the annual output of 30GWh new energy battery project of Funeng Technology held a delivery ceremony for the first phase of the plant in the Chengxi Industrial Park of Ganzhou Economic and Technological Development Zone, and Chen Shuilian, member of the Standing Committee of the Ganzhou Municipal Party Committee and Secretary of the Party Working Committee of Ganzhou Economic and Technological Development Zone, handed over the "key" symbolizing the delivery of the plant to Wang Yu, chairman of Funeng Technology. Chen Binbo, general manager of Funeng Technology, said in his speech that the Ganzhou 30GWh new energy battery project is the future-oriented strategic fulcrum of Funeng Technology, which reflects the determination of Funeng Technology to deeply cultivate Ganzhou and build the core competitive advantage of SPS products.
It is reported that the main construction content of the project is electrode assembly workshop, formation workshop, pack workshop, pilot line, R&D building, office building and other supporting facilities, of which the first phase of the project 15GWh manufacturing unit has completed the construction of about 180,000 square meters of plant and production ancillary buildings with high standards in less than a year since the start of construction in January 2023.
At the same time as the production capacity construction is "accelerating", the trial production verification of Funeng Technology's SPS has also made progress, and the countdown to mass production and loading has begun.
According to the company's recently disclosed investor relations activity record form, the company's SPS products have passed the pilot line, and will be put into operation and debugged at the new base of 30GWh in Ganzhou at the earliest, and will be mass-produced and loaded at the new base in Ganzhou and Guangzhou next year.
SPS is a next-generation power battery solution developed by Funeng Technology for the concept of low-carbon and circular development and the future needs of vehicle enterprises for 4 years, and it is a strategic product for the company to meet market challenges and sprint to the top five in the industry.
SPS takes large-size single pouch cells with full tabs and multi-tab as the core innovation, traces the optimization and iteration of the production line process forward, simplifies the process flow to improve efficiency, reduces equipment investment by 50%, and reduces manufacturing costs by 30%.In the future, the performance upgrade of the battery system was pursued, and the volume utilization rate was increased to 75%, the number of parts was reduced by 50%, and the material cost was reduced by 33%. Finally, with the direct technology of short process, low energy consumption and less pollution, the positive and negative electrodes and other materials are physically separated, and the efficient recycling and reuse of raw materials from raw materials to battery cells to raw materials are closed-loop. At the same time, SPS accommodates ternary lithium, lithium iron phosphate, lithium-rich manganese, sodium ion and other material systems, and different material systems are supplemented by the high group efficiency of SPS, which forms a competitive advantage in terms of energy density and comprehensive cost. The ternary material system SPS can easily achieve a range of 1000 kilometers and a charging efficiency of 400 kilometers in 10 minutes, the overall performance of lithium iron phosphate SPS is comparable to that of ternary power batteries of conventional design, and sodium-ion SPS products meet the needs of A0 to A-class pure electric vehicles.