Xinwanda: is actively engaged in solid-state battery technology research and development and storage, sodium ion battery development progress is in line with expectations

CTOnews.com February 21 news, Xinwanda said on the investor interaction platform today that the company is currently working on the development of sodium ion batteries, and the overall product development progress is in line with our expectations.

With regard to solid-state batteries, Xinwanda said that the company is currently actively engaged in technology research and development and storage, and we will actively communicate with customers on the development and cooperation of new products and technologies.

According to Xin Wanda, in order to ensure the competitive advantage of the company's products in the future market, the company has made forward-looking R & D reserves in new products and technologies. For all-solid-state battery technology, the company mainly uses metal lithium as the negative electrode to develop a battery system with higher energy density.

When talking about "whether Tesla has been testing the company's products", Xin Wanda responded that the company has not supplied power batteries to Tesla yet. Tesla is the company's key target customers, the company will make its own technical reserves and actively seek cooperation opportunities with customers.

In terms of orders, Xinwanda said that at present, the company's power battery business plate cooperation customers cover high-quality head car enterprises at home and abroad, and there are plenty of orders on hand. The confidentiality agreement signed between the company and the customer stipulates that it is strictly forbidden to disclose any information about the customer without the customer's permission. In order to maintain the company's reputation and customer relations, the company strictly performs the obligation of confidentiality, but also asks the majority of shareholders to forgive me. At present, the company has plenty of energy storage orders on hand, and has won the energy storage orders of customers in industries such as China Nuclear Energy Exchange.

CTOnews.com learned from the data released by Xinwanda that as of the first half of 2022, Xinwanda power battery production capacity is about 25GWh, power battery self-supply rate of 100%.