In July, the installed capacity of the power battery was release and Xingheng Power burst into the top ten.

With the end of the transition period of subsidy new policies, new energy vehicles have ushered in a new round of market volume, and the domestic power battery installed capacity ranking has also undergone drastic changes. Among them, Xingheng Power has become one of the top ten in China due to its continuous development in the field of logistics vehicles and passenger vehicles.

According to the statistics of the High-Tech Research Institute of Lithium-Ion Research Institute (GGII), in July 2018, the two head enterprises of Ningde and BYD still firmly occupied the top two batteries of new energy vehicles, with a total distribution of 2.18GWh. The total ratio is 66%. Since the second- and third-line competition pattern has not yet formed, the ranking competition is still fierce. Xingheng Power is ranked tenth with a monthly power distribution of 0.06GWh.

In fact, as a technical battery enterprise integrating R&D, production and sales, Xingheng Power's manganese-based multi-component lithium battery has gained a firm foothold in the field of logistics vehicles with its advantages of stability, maturity and high cost performance. Excellent product quality has been passed down in the industry, and the word-of-mouth effect has also been rapidly highlighted.

This time, Xingheng Power was ranked in the top ten of the domestic new energy vehicle battery supporting capacity, which was mainly due to the incremental outbreak of the logistics vehicle market. GGII statistics show that in July 2018, Xingheng Power's total battery ratio accounted for 13% of the total, and locked in the second place of the new energy logistics vehicle battery.

The proportion of new energy logistics vehicle battery matching in July

High-tech lithium battery has learned that in the field of logistics vehicles, Xingheng Power has reached long-term strategic cooperation with many domestic first-line vehicle companies such as Dongfeng, Changan, Chery, Ruichi and Wuling. And in the logistics car enterprises or in the terminal operation platform, the brand reputation of Xingheng power lithium battery has been fully launched.

At the same time, the continuous development of Xingheng Power in the field of passenger vehicles is not to be underestimated. This year, the company's battery market share in passenger cars is also growing steadily.

High-tech lithium battery noted that recently, the Kerry EV K60EV (the brand of Chery) equipped with the star-powered VDA standard 26148 lithium battery was officially launched. In addition to Chery, Xingheng Power is also equipped with passenger cars of Dongfeng and Changan brands.

The outstanding weight of Xingheng Power is not accidental. This is not only based on its 15 years of deep cultivation in the field of power batteries, but also closely related to its consistent product quality and accurate understanding of market demand. Steady and steady, and then move.

Since the beginning of 2018, the pace of expansion of Xingheng Power has been significantly accelerated. On the one hand, it continues to take advantage of its own advantages in the light-weight vehicle sector that already dominates the market. On the other hand, it is steadily increasing its production capacity in the field of new energy vehicles and forging products.

At the beginning of March, Xingheng Power's VDA standard 26148 production line was officially put into operation. The planned production capacity of the production line was 1.3GWh, which was mainly targeted at the electric vehicle market. On this basis, the base in Suzhou is also closely preparing for the construction of two new production lines. It is the 48174 product line specifically for the electric logistics vehicle market, and the other is the 20Ah-25Ah product line for the electric light vehicle market.

At the end of March, the project of Xingheng Power Susie Modern Industrial Park was signed, and the project was planned to be constructed in four phases. The first phase of the project will invest 3 billion Yuan and will be completed and put into production in the second quarter of 2019. The capacity will be 6GWh by the end of the year. The second phase of the project is planned to be completed by the end of 2020. After completion, it will have 12 production lines with 13GWh of power lithium battery production capacity; the project construction will be completed in 2022, and the completed production capacity will reach 25GWh.

It is worth mentioning that on July 29, Vantone Real Estate (600246) announced that the company intends to acquire a total of 78.284% of Xingheng Power's shares at a price of about 3.17 billion Yuan, thereby entering the new energy battery business.

Undoubtedly, the intervention of capital will lay a solid foundation for Xingheng Power's next technology research and development, supply chain guarantee, scale expansion and market expansion will also give strong support for its participation in the new round of market competition.

The page contains the contents of the machine translation.