Shulou(Shulou.com)11/24 Report--

CTOnews.com November 21 news, Xinwanda recently said on the investor interactive platform that the company's power battery orders are full, and the company has begun to build a corresponding production line according to customer order demand and market conditions to meet customer demand.

CTOnews.com learned that when it comes to rising costs and the layout of lithium deposits, Xin Wanda said that the company has actively laid out the upstream lithium mines through equity participation, bidding for exploration rights, and setting up joint ventures, including the company's exploration rights in Jintai Jinnell Salt Lake and participating in the integration and development of lithium resources in salt lakes through a joint venture with Jinyuan Zhongke and Chuanheng shares. The company solves the problem of rising costs by:

Through the aforementioned layout of upstream raw materials, the company can ensure the long-term supply of raw materials and optimize the purchasing price.

The company actively upgrades and innovates the materials, technology and structure of battery products to reduce the production cost of batteries.

The company has formed a price linkage mechanism with end customers, who will share the pressure of rising raw material prices with the company.

Combined with on-hand orders, the company can further improve the production scale and product yield, form large-scale benefits and reduce production costs.

In addition, Xinwanda said that the company also plans to launch "low-cost, wide-temperature range sodium battery product development project", "new sodium ion battery key technology research and development", "high safety, high specific energy all-solid-state battery products", "new generation of high specific energy, fast charging ternary battery products", "new generation of power battery using CTP / CTX technology" and other products.

With regard to lithium ferromanganese phosphate battery, Xinwanda said that the company has carried out exchanges and cooperation with a number of car factories at home and abroad on lithium ferromanganese phosphate battery, and the company can provide lithium ferromanganese phosphate product solution with a range of 400-750 km. The production time is subject to the specific cooperation project.

According to the domestic power battery enterprise loading data released by the China Automotive Power Battery Industry Innovation Alliance in October 2022, Xinwanda ranked fifth, with 5.50GWh loading, with a domestic market share of 2.45%.

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