Author: Sun Zhifu.
Youpai Energy is the second enterprise that can reach a market value of 100 billion yuan after Aion. This is the judgment of Zeng Qinghong, chairman of Guangzhou Automobile Group, on Youpai Energy.
In 2023, Zeng Qinghong will take the lead in putting forward a unique point of view in the industry: "We must have new growth points in the entire industrial chain. ”
In his opinion, it may not be realistic to rely solely on cars to increase the increment.
Youpai Energy is an important carrier for GAC Group to find new increments in the industrial chain. In March last year, GAC Group completed the integration of resources in the energy sector and reorganized and established Youpai Energy as the new main body of the group's energy sector.
At that time, Zeng Qinghong said that in the future, it would not be ruled out that the energy sector would consider the operation of the capital market: "Strive to become bigger and stronger, and do a good job, Aion may not be able to compare with it." ”
In less than a year, Zeng Qinghong has been very sure that Youpai Energy is the second enterprise that can reach a market value of 100 billion yuan after Aion.
Comparable to Aion, with a market value of 100 billion yuan, why is Upai Energy?
Take control of upstream material resources
According to GAC Group, Youpai Energy will focus on "lithium mine + basic lithium battery raw material production + battery production + energy storage and charging and swapping services + battery leasing + battery ** and cascade utilization", and will provide users with professional and convenient "electricity + battery" comprehensive smart energy services in the future.
At present, it can already be seen that Youpai Energy has controlled the upstream material resources by participating in mining and precursor enterprises.
Youpai Energy's mine project in Zunyi, Guizhou Province has been landed, and it is expected that a number of mines at home and abroad will be implemented in the first half of the year to ensure the production of basic lithium battery raw materials.
Through the control of upstream material resources, it is not only conducive to ensuring the safety and stability of the battery chain, but also allows Youpai Energy to form a cost and technical competitive advantage in the new energy industry.
For GAC Group, this can not only ensure the stability of its new energy vehicle power battery raw materials, but also reduce the cost of purchasing related resources and enhance its competitiveness in the industry.
Invest 10 billion yuan in production
Not long ago, Yan Liangbo, deputy general manager of Pai Energy, told ** that Up Energy currently has two cores, namely battery production and electricity services.
In Yan Liangbo's view, "the production of power batteries and the production of energy storage batteries must be our priority industries." Because this is a prerequisite for the existence of all upstream and downstream industrial chains of Youpai. If there is no battery production, it is meaningless to take the mine back, and without battery production, the reuse of the first generation behind it cannot form a complete closed loop.
At the end of last year, the Inpai battery invested more than 10 billion yuan by GAC Aion and Youpai Energy was completed and put into operation, with a planned production capacity of 36GWh, and the 6GWh production line has begun to operate normally, and the 36GWh production line is expected to be completed in 2024. The product magazine battery has been mainly supplied to GAC Aion and GAC Trumpchi under GAC Group.
In addition, according to Guangzhou Automobile Group, a variety of self-developed high-performance power batteries and energy storage batteries will be produced at the Inpai battery factory. Including a variety of batteries including GAC's newly released P58 microcrystalline super energy cell, this P58 microcrystalline super battery cell can achieve a pure electric range of more than 700 kilometers, and the battery life of the battery cell reaches 1.5 million kilometers.
In addition, the self-developed solid-state battery is scheduled to be mass-produced and installed in vehicles in 2026. It is reported that the energy density of the battery cell can reach 400Wh kg, which can meet the safety and reliability requirements of the battery in extreme environments.
In addition to production, there is also **. It is reported that around the field of battery cascade utilization, Youpai Energy has established a cascade utilization system of cells, modules and whole packages. At present, the production capacity of cascade batteries is 01GWh, the production line will be expanded in 2024, and after the completion of the project, the factory capacity will reach 05gwh。
If the performance reaches the standard, it will be made into batteries for electric two-wheeled vehicles, electric sightseeing vehicles, electric engineering forklifts and other models through the echelon production line, so as to improve the utilization rate of retired batteries. If the performance of the cell is not up to standard, it will be further dismantled and the raw materials will be **.
Do not be a simple power battery manufacturer
Yan Liangbo mentioned the second core of Youpai Energy - electricity service, of which the most urgent layout is mainly for the biggest pain point faced by many new energy vehicle owners in the process of using the car - energy supplement service.
Upai Energy understands that the most urgent need to solve the problem of the convenience of users' electricity is that only users who do not have energy supplement anxiety can be more inclined to buy new energy vehicles. Therefore, on the user service side, Youpai Energy has regarded the construction of charging and swapping stations and the promotion of "battery bank" as the "highest priority".
According to Yan Liangbo, in the past 2023, Youpai Energy has built 979 charging stations, and it is expected that by 2025, 2,000 charging stations will be built. In terms of battery swap stations, 62 have been built so far, and 500 battery swap stations are expected to be built by 2025. The battery leasing service has also been officially put into operation in September last year, with the construction of charging and swapping facilities, customers can get the corresponding landing after getting the battery swap model, the construction and use of the battery swap station network and the support of financial leasing.
At present, GAC Group has chosen to take two steps: battery swapping and overcharging. The two models of Haobo GT and Haobo HT under the Haobo brand have launched battery swappable versions. In addition, the models of the Haobo brand have also launched an 800V high-voltage fast charging version, according to the "10,000 piles plan" released by GAC on New Year's Day 2024, GAC will deploy at least 10,000V high-voltage overcharging terminals across the country.
In the future, the new models launched by the Haobo brand will also continue the current supercharge + battery swap configuration mode, and it is expected to add the battery swap function to the Aion brand.
Youpai Energy is gradually becoming the new energy core power in the process of new energy development of GAC Group, and is also expected to become the scientific and technological base of "trillion GAC".
Trillion GAC 100 billion Youpai
At present, Youpai Energy has basically formed an industrial closed loop in terms of power batteries, which is very conducive to GAC Group to optimize the production cost of power batteries and improve the market competitiveness of automobiles. By continuously improving the energy replenishment network and improving the user's charging and swapping experience, it will also help GAC Automobile's sales to further increase.
GAC's main revenue** is still the automobile sales business, and in 2023, GAC Group's cumulative sales will exceed 2.5 million units, step by step towards the strategic goal of "trillion GAC". In China's rapidly changing new energy market, technology is the strongest competitiveness.
At last year's Shanghai Motor Show, GAC Group unveiled its "NEXT" plan, which aims to transform its brands into two wheel-drive routes of "EV+ICV" (electrification + intelligence) and "XEV+ICV" (hybrid + intelligence) in the multi-energy era.
In the following period, GAC Group began to deepen the implementation of the NEXT plan around the vehicle segment, the energy ecology sector and overseas business.
The energy ecology sector is regarded by GAC Group as the focus of the future industrial competition layout, and it is also an important part of the "trillion GAC 1578 Development Outline", and Youpai Energy has naturally become an important carrier for GAC Group to achieve this goal.
By giving priority to these two cores, Youpai Energy plans to achieve 100 billion yuan in revenue by 2030 and achieve the strategic goal of "100 billion GAC, 100 billion Youpai".