Settled in Bengbu, Anhui Province, BYD Power Batteries make another success

[Autohome? Industry]? BYD is accelerating its layout of power battery business. A few days ago, BYD held a signing ceremony with the Anhui Bengbu Municipal Government, confirming that the 20GWh power battery project will be located in Bengbu City. The project plans a total investment of 6 billion yuan. It is reported that the BYD new energy power battery production base project signed this time is located in Lingang Industrial Park, Bengbu Economic Development Zone. It is mainly engaged in the manufacturing of core products such as new energy battery cells, modules and related supporting industries. It will strive to build BYD's A strategic base for new energy vehicle power batteries in East China. The first phase of the project plans to invest approximately 3 billion yuan. After completion, the annual production capacity of power batteries will reach 10GWh. The project is expected to start construction this year. BYD Chairman and President Wang Chuanfu said that the newly signed new energy power battery project will be constructed using Industry 4.0 standards, filling Bengbu City’s technical gaps in the power battery industry, and at the same time comprehensively promoting electric vehicles, cloud rail buses, and advanced storage. The development of the upstream and downstream industrial chains of energy and battery materials. In December 2019, BYD announced the establishment of three "Fudi Series" companies; in March this year, the number of Fudi Series companies expanded to five, including Fudi Battery Co., Ltd., Fudi Vision Co., Ltd., Fudi Technology Co., Ltd., and Fudi Technology Co., Ltd. Di Dynamic Co., Ltd., Fudi Mold Co., Ltd. Among them, Fudi Battery Co., Ltd. has established production bases in Shenzhen, Xi'an, Qinghai, Chongqing, Changsha, Guiyang and other places. The first big move after the establishment of the Verdi series was the release of its blade battery. BYD said it was a product that "condensed BYD's decades of craftsmanship" and had the two major advantages of super strength and safety. As the construction of the new battery base begins, BYD's much-anticipated blade battery production capacity will also increase and may be provided to more car companies in the future.

"BYD Han equipped with blade battery"

Editor's comment: Unlike other new energy car companies, BYD has been deeply involved in the field of power batteries for a long time. Some people in the industry have said that if BYD If the battery business can be quickly separated and independent, it may not be as dominant as the current CATL era. At present, in addition to self-supply of BYD's power batteries, it has also begun to provide them to the outside world. Data shows that from January to November this year, BYD's total installed power battery capacity was approximately 10.5GWh. In terms of sales, from January to November this year, BYD sold a total of 160,000 new energy vehicles and 210,000 fuel vehicles during the same period. Although BYD currently still has the upper hand in fuel vehicles, its closed-loop layout in new energy has made the capital market continue to be optimistic about this company. As of the close of trading on December 23, BYD's share price rose to 186.79 yuan per share, with a total market value of 509.590 billion yuan, making it the car company with the highest market value in China. (Text/Car Home?Song Aiju)