Weihong Power's first-quarter results, eye-opening capacity increased by 816.79% year-on-year

Recently, I was attracted by a news report about the ranking of soft pack power battery installed in the first quarter of 2018. The eye-catching one is one of the companies that provide soft-packed power batteries for new energy vehicles. The performance seems to have become a "new star" that is rising in this field overnight. Let's talk about this "new star" today.

Company Name: Weihong Power

Q1 installed capacity: 63.53 MWh

Year-on-year growth of 816.79%

According to the statistics of the Research Department of the Power Battery Application Branch, the sum of the installed capacity of the top five soft-package battery companies in the first quarter of 2018 was 317.15Mwh, an increase of 3.72%. Among them, the installed capacity of Funeng Technology is 116.33Mwh, ranking first, down 33.32% year-on-year; Wanxiang one-two three installed capacity is 73.64Mwh, ranking second, up 260.4% year-on-year; The installed capacity of power is 63.53Mwh, ranking third, up 816.79% year-on-year; Beijing Guoneng and Guangdong Tianjin are ranked fourth and fifth.

In the first quarter of 2018, Weihong Power Battery Company increased its installed capacity by a large margin year-on-year, while the top-ranked Funeng Technology declined year-on-year. How can Weihong Power stand out in the fierce competition in the power battery market? ? The following analysis from the "four variables":

1. Increased pure electric vehicles, reduced plug-in hybrid models

In the first quarter of 2017, Weihong Power supplied power batteries for four models, one of which was a pure electric bus and three of which were plug-in hybrid buses. In the first quarter of 2018, six models were supplied with power batteries. There are 5 models for pure electric buses and 1 for plug-in hybrid buses. It is not difficult to find that compared with the same period of last year, the change is not only the number of models, but also the type of vehicles, which refers to pure electric buses.

2. Cooperative car enterprises become more

In the first quarter of 2017, there were two car companies that cooperated with Weihong Power – Beiqi Foton and Zhongtong Bus, with a combined number of installed units of 139; and in the first quarter of 2018, the cooperation with Weihong Power increased. To four homes - Beiqi Futian, Zhongtong Bus, Hunan CRRC Times and Zhengzhou Yutong Bus, the number of installed machines reached 660. When the cooperative enterprises doubled, the installed capacity increased to 4.7 times that of the same period last year.

3. The amount of electricity becomes larger

In the first quarter of 2017, Weihong Power supplied the soft-packed power battery for Beiqi Foton Pure Electric Bus BJ6805EVCA-2 with a power consumption of 86.9 kWh and the maximum power consumption; in the first quarter of 2018, it was Beiqi Foton Pure Electric Bus. The power pack of the soft pack power battery provided by BJ6123EVCA-33 is 138.24 kWh, and the power consumption has increased by 51.34 kWh. The soft-packed power battery for the two pure electric bus models of the CRRC era is 138.2 kWh, and the power consumption is generally large. From the point of view of the plug-in hybrid bus, the power consumption of the soft-packed power battery provided by Weihong for Zhongtong Bus is 50.6 kWh, and the power consumption has increased by 25.74 kWh.

4. The nominal voltage becomes larger

In the first quarter of 2017, the maximum nominal voltage of the soft-packed power battery provided by Weihong Power was 543.15 v; in the first quarter of 2018, the maximum nominal voltage of the soft-packed power battery provided by Weihong Power was 604.8 v, which was a year-on-year increase. At 61.65 v, the growth rate was 11.35%.

In recent years, soft-pack power batteries have gradually gained attention in the domestic new energy vehicle market. Due to the multiple impacts of subsidies, technological routes and capacity policy changes, the development of China's power battery industry in 2016-2018 fluctuated greatly, while Weihong Power was affected by policy changes, but production and R&D of enterprises were not affected. The amount has been maintaining a steady growth rate, and the faster and faster, the more and more cooperative enterprises, the increasing market share, and the increasing popularity. Therefore, the emergence of this "new star" is not an accident, but a business. The precise strategic layout of the bureau, the strong R&D strength and the accumulation of strong technical accumulation are all due to the accumulation of thin and light, "accidentally from the inevitable."

On the whole, the power battery as the "heart" of electric vehicles is the key to the development of the new energy automobile industry. How far the new energy vehicles can run depends on how far the power battery can go.

The page contains the contents of the machine translation.