The hottest Volkswagen will bring Wanxiang into th

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Volkswagen included Wanxiang as a battery supplier, and the soft pack battery returned to the first round. According to an insider, Volkswagen has locked Wanxiang 123 Co., Ltd. (hereinafter referred to as "Wanxiang 123") under Wanxiang Group as a new power battery supplier, with an order size of more than 10 billion yuan. Although up to now, Volkswagen Group has not responded to this news, Feng Sihan, CEO of Volkswagen Group (China), revealed on July 17 that in addition to Ningde times and GuoXuan high tech, another power battery manufacturer is being certified. "By 2025, the company's total demand for power batteries in the Asian market will reach 150gwh. To meet this demand, we need the support of at least 2-4 battery suppliers in China."

according to the latest data of China automotive power battery industry innovation alliance, the top five domestic power battery enterprises in terms of loading volume from January to June this year are Ningde times, BYD, LG Chemical, Panasonic and AVIC lithium respectively; In the field of upholstered batteries, the top five installed capacity in the first half of this year are Jiewei, Ningde times, Funeng technology, Wanxiang 123 and mengguli

as the main soft pack battery, Wanxiang 123, although the supporting quantity is relatively large in China, the soft pack battery as a whole seems to be unpopular in China. According to the statistics of tramway, in the recommended catalogue of 1-7 batches of new energy vehicles this year, the main supporting models of Wanxiang 123 are only plug-in hybrid models except its own Wanxiang brand pure electric bus

Wanxiang 123's main battery products (figure from A123 official)

however, European automotive enterprises seem to recognize the soft pack battery technology. Although at present, Volkswagen uses the square ternary battery of Ningde era, after Volkswagen takes a stake in GuoXuan high-tech, GuoXuan high-tech will provide Volkswagen with a soft pack ternary battery in the future. Wanxiang 123 is also an enterprise focusing on soft pack ternary batteries. It is worth noting that not long ago, Funeng technology, a battery enterprise in which Daimler took a stake in China, is also an enterprise focusing on soft pack batteries

at present, Wanxiang 123 has made a great layout in the field of domestic power batteries. On November 6, 2018, Wanxiang announced its 80gwh lithium battery project located in Hangzhou Xiaoshan Economic and Technological Development Zone with a total investment of 68.57 billion in its official on environmental impact assessment information. The capacity of this unprecedented investment project exceeds the total installed capacity of domestic automotive power batteries by nearly 18gwh in 2019. Public information shows that some projects of this super project will enter the construction stage of aboveground plants in September this year, and the overall project is expected to be completed and put into operation by the end of 2022. The largest silver carp is more than half a meter long, and this time node is also a critical period for the intensive launch of Volkswagen Group's new energy vehicles in the Chinese market

according to the information previously disclosed by Volkswagen China, Ningde era will be the main battery supplier of the first batch of MEB platform products in the Chinese market, which has the advantages of beautiful appearance, convenient operation, stable performance and high reliability; GuoXuan high tech will also play an important role in the battery supply of subsequent products of MEB platform

Feng Sihan said on July 17 that "the demand for batteries of mass-produced models will not be transferred to GuoXuan high tech". Volkswagen China will further deepen its cooperation with Ningde times and another battery supplier, "and the cooperation with GuoXuan high tech will gradually take shape in the next third and fourth quarters"

according to the official data of the large electronic universal experimental machine, a new generation of double space microcomputer controlled electronic universal experimental machine specially designed for colleges and universities and scientific research institutes, its sales of new energy vehicles in the Chinese market increased by more than twice year-on-year in the first half of this year. "Through a series of strategic measures such as purchasing shares of Anhui Jiangqi group, increasing the shares of JAC Volkswagen, and investing in GuoXuan high tech, the group has made historic progress in electrification." Feng Sihan said, "this will help us and our partners cope with the upcoming era of new energy vehicles and further meet the group's future demand for batteries."

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