Accelerating the layout of the industrial chain, Aian established a battery company

On October 27, GAC Aian announced that Yinpai Battery Technology Co., Ltd., which is controlled by it and jointly invested by GAC Aian, GAC Passenger Vehicle, and GAC Commerce and Trade, was officially established with a registered capital of 1 billion yuan. Obviously, this means that GAC Aeon has gone one step further in strengthening the layout of the industrial chain.

According to public information, Yinpai Battery Technology’s business scope covers the production and manufacturing of new energy vehicle power batteries, battery material research and development, and technical services for related products, with a total investment of 10.9 billion yuan. Manufacturing and sales.

Obviously, this corresponds to a “Proposal on the Establishment of Greenking Battery Company” passed by GAC Group in August. The proposal also discloses that the three parties of the joint venture hold 51%, 40% and 9% of the shares respectively. The company is expected to build a 26.8GWh mass production line in 2025, covering the pure electric and hybrid markets. The first product adopts GAC’s independent lithium iron phosphate technology. , gradually market-oriented operation from inside the group to outside the group.

As we all know, as one of the key components of new energy vehicles, power batteries account for a relatively high proportion (40%-60%) of vehicle manufacturing costs. As the price of upstream lithium and other raw materials continues to rise, power battery giants such as Ningde Times have also raised prices, which has directly led to the “overwhelming” of downstream vehicle companies. The most intuitive manifestation is the increase in product prices and the increase in bicycle profits. reduce.

“Then I’m not working for the Ningde era?” Zeng Qinghong, chairman of GAC Group, joked about this. Under the above background, many car companies such as GAC, Geely and Weilai have deployed power batteries and other industrial chains to cope with cost pressures and at the same time to enhance the core competitiveness of their brands.

In fact, GAC Aian has already launched power battery technology groups such as magazine batteries, super-speed batteries and sponge silicon negative electrode batteries in response to consumers’ needs for energy supplementation, safety, and battery life. In addition, judging from this year’s performance, it also frequently moves in the layout of the industrial chain.

In addition to Inpai battery technology, Aian has also successively started the construction of battery R&D trial production lines, and established energy technology companies and Ruipai power technology companies. Among them, energy technology companies focus on charging and swapping services and energy storage technology, while Ruipai Power Technology mainly focuses on electric drive technology, both of which are closely related to Yinpai battery technology.

In terms of strategic cooperation, Aion has reached an agreement with upstream material suppliers Ganfeng Lithium Industry, Hanrui Cobalt Industry, etc.; in terms of supporting facilities for new energy vehicles, it has started the construction of the world’s first supercharger capital. It is planned to build more than 1,000 super charging and swapping centers in Guangzhou by 2025, and 2,000 super charging and swapping centers are expected to be built in 300 cities across the country.

At present, with the support of a series of products and existing technologies such as batteries, GAC Aeon’s market performance has been impressive. Data shows that Aian’s September sales were 30,016 units, a year-on-year increase of 121.16%, and the monthly sales level has surpassed that of new car-making forces such as “Weixiaoli”; its accumulated 182,321 units in the first nine months, a year-on-year increase of 132.09%.

It is worth mentioning that GAC Aeon has also completed the shareholding system reform. Not long ago, its A round of financing has also landed, with a total financing amount of 18.294 billion yuan. While showing the recognition of the capital market, the brand has also achieved IPO. distance is even closer.

It can be seen that by accelerating the closed-loop layout of power batteries and other industrial chains, the core competitiveness of the Aeon brand will be improved, which may help its market performance to go further. Under the background of the transformation of the automobile industry to new energy, it is undeniable that GAC Aian has some advantages and is moving forward steadily.