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Investing 2 billion yuan to establish a battery company, NIO's "self-made battery" has really moved

 Last Update: 2023-01-04
 Source: Internet
 Author: User

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【Chemical Machinery and Equipment Network Star Enterprise】From investing 200 million yuan to build a battery R&D laboratory to investing 2 billion yuan to establish a battery company, NIO's determination to "make its own batteries" has gradually emerged
.

According to the enterprise investigation APP, NIO recently established a battery technology company, the full name is NIO Battery Technology (Anhui) Co.
, Ltd.
, the legal representative is Zeng Shuxiang, the registered capital is 2 billion yuan, and the business scope includes: battery manufacturing; Graphite and carbon products manufacturing; mold manufacturing; Artificial intelligence application software development, etc
.
Equity penetration shows that the company is 100% controlled
by NIO Holdings Limited.

From the above industrial and commercial information, NIO has officially established its own battery manufacturing company
.
This is the latest progress
of NIO's "self-made battery" after the news of investing 200 million yuan to establish a battery research and development laboratory, self-developed lithium manganese phosphate and 4680 battery.

Battery R&D and production preparation may have been carried out simultaneously

Since the launch of the first model in 2019, NIO has always believed in the CATL era in the selection of battery suppliers, but the industry often says that eggs cannot be placed in the same basket, so we see that car companies such as Xiaopeng and Leap have selected a number of battery suppliers according to their different models, unlike them, NIO has to build its own "basket" in battery supply, and the form of this "basket" may have begun to take shape
.

In May this year, NIO announced a new construction project on the Shanghai Enterprise Environmental Information Disclosure Platform, which is that NIO plans to invest about 218 million yuan to lease an industrial plant in Anting Town, Jiading District, Shanghai for the construction of a battery cell R&D laboratory and trial production line
.

It is reported that NIO plans to lease an area of 22,000 square meters and plans to build 31 R&D laboratories, 1 battery cell trial production line and 1 battery pack line
.
According to the announcement, the construction of the trial production line of this project will make preliminary exploration for NIO's subsequent large-scale battery production, and the trial production samples will be used for subsequent in-depth development
.

After the news of preparing for the battery cell research and development laboratory was made public, in June this year, NIO first released the news of the power battery team in the first quarter earnings call, and NIO founder Li Bin said at that time that the company has formed a battery team of more than 400 people and will launch 800V high-voltage platform battery packs
in 2024.
Some people say that the so-called 800V high-voltage battery pack, which is the 4680 battery, will be installed on the electric vehicle built by NIO's third-generation NT3 platform according to the plan
.

In August, some media revealed that NIO was developing its own lithium manganese phosphate battery and 4680 battery, and said that NIO planned to mass-produce these two batteries to supply NIO and its sub-brand Alps
.

In addition, the core personnel of the power battery team also surfaced at that time, according to reports, NIO vice president Zeng Shizhe is responsible for battery cells, battery packs, BMS related research and development, Ning Hailong is responsible for battery industrialization related research and development, Sun Zhenyong is responsible for battery manufacturing, of which Ning Hailong and Sun Zhenyong both report to NIO senior vice president Zeng Shuxiang, and Zeng Shuxiang is the legal person
of NIO's newly established battery technology company.

Judging from the progress of nearly 6 months this year, NIO has actually prepared for team building, battery research and development, production and manufacturing, although it has not been officially announced, but this "basket" is already being built
.
In addition, it is worth noting that compared with GAC AION's investment of 10.
9 billion yuan to set up a battery company, NIO has only invested more than 2 billion yuan in less money, and with the subsequent development of battery company related businesses, NIO "self-made batteries" or will invest a lot of money
.

The battery manufacturing company is located in Hefei

According to enterprise investigation information, NIO's newly established battery manufacturing company has a registered address in the Hefei Economic and Technological Development Zone in Anhui Province, which is also the location of NIO's China headquarters, and in April 2020, NIO received investment from Hefei Construction Investment and other investments and settled NIO's China headquarters in the Hefei Economic and Technological Development Zone
.

In fact, NIO's location of the battery company in Hefei is also related to
its plans for the Neo Park electric vehicle industrial park.
At the end of April last year, NIO and Hefei Economic Development Zone jointly invested in the construction of the "Neo Park Xinqiao Intelligent Electric Vehicle Industrial Park" officially started, the park mainly includes intelligent manufacturing area, R & D living community and ecological cultural area, the official said that the initial investment of 50 billion yuan, planning to build a vehicle plant with an annual production capacity of 1 million vehicles and a battery factory
with an annual production capacity of 100GWh.
From this point of view, NIO Battery Company has planned the park project
for a long time.

NIO's co-location of vehicle plants and battery plants in the same area is nothing more than convenience for its own supply
.
At present, all NIO's models for sale are produced in Hefei, and its planned future models and production capacity are also in Hefei Xinqiao Industrial Park
.
In June this year, NIO signed a second-phase construction agreement with Hefei for the Xinqiao plant, which has an annual production capacity of 500,000 units, which is expected to be completed and put into operation in 2024, and will produce a new brand model of NIO priced at 200,000 yuan.

According to previous reports, Wei's self-developed lithium manganese phosphate battery will be supplied to Alps on a small scale, and its battery factory in Hefei will also take the lead in producing lithium manganese phosphate batteries
.
In addition, sources have previously revealed that NIO's new brand Alps has implemented an open power battery procurement strategy, and NIO has confirmed battery supply cooperation
with companies such as China Innovation Aviation and BYD Verdy Battery.

Some analysts believe that in terms of battery supply, NIO is gradually moving from external supply to self-supply and combination of external supply, and self-built battery factories, the ultimate goal is still self-supply, and there is a possibility
of external supply.

Car companies produce their own batteries or a general trend

As a car company, NIO's move to manufacture its own power batteries is actually not unexpected
.
In the past two years, the price of upstream raw materials has risen and the pressure of power battery manufacturers has been continuously transmitted downward, prompting more and more car companies to choose to develop and produce their own power batteries
.

At this year's World Power Battery Conference, Zeng Qinghong, chairman of GAC Group, said that the current upstream price of the power battery industry chain is too high, and the price pressure is directly transmitted to the automakers
.
The cost of power batteries has accounted for 40%-60% of the production of the whole vehicle, and once accounted for 60% of the cost, "Then am I not working for the Ningde era?" Zeng Qinghong teased
.

In fact, Zeng Qinghong's statement is not reasonable, as the cost of batteries rises, the cost of electric vehicles does not fall but rises, which is a big problem
for most new energy vehicle companies that have not yet achieved profitability.
A clear example is BYD, some analysts believe that one of the important reasons for the success of BYD's current development is its battery self-production and self-research, to a certain extent, the rise in raw material prices can be digested internally, and this is also conducive to BYD models in the market has a price advantage
.

With the continuous improvement of the penetration rate of new energy vehicles and the continuous improvement of the market structure, the reduction of core component procurement costs and the improvement of profitability will become an important focus of car companies, and if the power battery, which occupies a large proportion of the cost of the whole vehicle, cannot be reduced, the profit margin that car companies can tap is not large
.

At present, car companies have produced signs of self-developed and self-produced power batteries
.
In August this year, GAC AION announced an investment of 10.
9 billion yuan to establish a battery company, aiming to realize the independent industrialization and application of batteries, and is committed to fully opening up the layout of the energy ecological industry chain including upstream raw materials, R&D, manufacturing, battery recycling and echelon utilization
.

Not long ago, Chongqing Changan Automobile Co.
, Ltd.
applied for the registration of a number of "rose" battery-related trademarks, such as "Changan Rose Battery", etc.
, Changan did not deny, only said that the registered trademark is a normal reserve work
.

Original: Invested 2 billion yuan to establish a battery company, NIO's "self-made battery" is really moving

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