With the wave of lithium battery sweeping the world, the next ten years will be the golden age of lithium battery development

Summary

The Apocalypse BMS system, ultra-lithium S7 series of light-duty vehicle family products, and new high-energy iron-lithium products have become extremely important "chess pieces" for Xingheng to continue to lead the market.

As the penetration of lithium-ion electric bicycles accelerates, as a leading enterprise in lithium-ion batteries for light-duty vehicles, Xingheng's behavior has also become particularly "high-profile". Two heavy press conferences announced the start of the upgrade of lithium-ion light-duty vehicles.

Following the release of the brand strategy in October last year, the "Xingheng Night" kicked off on March 26. The Apocalypse BMS system, the ultra-lithium S7 series of light vehicle family products, and the release of new high-energy iron lithium products became the Xinghengxiang light vehicle market. Another punch.

According to data from the Advanced Industrial Research Institute (GGII), China's lithium battery shipments for electric two-wheelers reached 9.7GWh in 2020, an increase of 78% year-on-year. Although the penetration rate of lithium batteries in the electric two-wheeled vehicle industry is nearly 27%, the actual penetration rate of lithium batteries in civilian electric vehicles is only about 16% after excluding the market share of shared electric vehicles and battery swaps.

If the field of vision is further broadened, the global number of light vehicles is estimated to be 700 million, and the proportion of lithium batteries is less than 5%.

This means that the road to a lithium battery for light vehicles has just begun, and if you want to compete for an important seat in the popularization of lithium batteries, you must start with the quality, technology, cost performance, and service of lithium batteries for light vehicles.

Xicheng, who is well versed in this, has achieved the true foothold in technology and service upgrades in materials, processes, manufacturing, products, and other links, and continues to lead the market.

In the past three years, Xingheng has achieved the world's number one light vehicle lithium battery sales for three consecutive years; Xingheng installed 4.95GWh in 2020, ranking top three in the domestic power lithium battery industry; in 2020, global light vehicle lithium battery sales reached 5.2 million Group, the city accounted for 32.4%.

However, with the expansion of the boundary between the incremental and stock market substitution of light-duty vehicle lithium batteries, Xingheng wants to swallow a larger market share, and it will inevitably need to introduce more "lethal" weapons in the market.

The Apocalypse BMS system, the ultra-lithium S7 family of light-duty vehicles, and new high-energy iron-lithium products have become extremely important "chess pieces" for Xingheng to continue to lead the market.

Importance of Ultra Lithium S7

From the brand strategy to the "Xingheng Night" and the appearance of Super Lithium S7 from a single product to a full series, we can see the high hopes Xingheng has for Super Lithium S7.

Different from the previously launched lithium battery products, Ultra Lithium S7 is the first product that integrates the nine advantages of Ultra Lithium S7 technology, exclusive battery steward for light vehicles-Apocalypse BMS system and PACK upgrade technology.

At this stage, whether in the civil or commercial market, the quality, price, and service of lithium batteries are still the strongest demands, and the ultra-lithium S7 is built around the attributes of "safety + high performance + high quality + national lithium battery" just caters to it. End market pain points.

It is worth mentioning that the full range of ultra-lithium S7 products is suitable for two-wheeled vehicles, tricycles, mini-passenger vehicles, and other fields. The upgrading of technology adds to the marginal benefits of large-scale production capacity. The ultra-lithium S7 products are undoubtedly Xingheng's expansion. Lithium batteries are the core weapon to penetrate the boundary.

Xicheng also made a promise to customers that the product can be upgraded to Super Lithium S7 for free; upgrade the Apocalypse BMS system; consumer warranty for three years; free replacement within two years; 90% discharge from -20 to 55 degrees; up to 28 days of idle No electricity running; no degradation after 18 months of riding; and can support customer customization.

With the help of ultra-lithium S7 products, at the end of March 2021, the cumulative sales of Xingheng light vehicle lithium batteries have exceeded 18 million sets for the first time.

Gaogong Lithium was informed that since July last year, ultra-lithium S7 products have been used in various fields such as the Qingju V3 model, Jinpeng three-wheeled vehicle, and Hongguang mini electric passenger car. Next, ultra-lithium S7 products will rapidly penetrate into the civil and commercial markets of electric two-wheelers national standard, as well as in the fields of electric motorcycles and three-wheelers.

Obviously, as Xingheng's number one player in "carrying up the banner of lithium battery popularization for light electric vehicles", Super Lithium S7 products in the whole camp will undertake the most important sales task in the light vehicle market.

Why do you need high-energy lithium iron?

On the basis of advancing the application of manganese multi-element composite lithium in multiple categories of light vehicles, Xingheng also innovatively released high-energy lithium iron products. This also demonstrates Xingheng's ambition to further expand the lithium battery application market.

Currently, in addition to the manganese-based multi-element composite lithium battery, the demand for lithium iron phosphate batteries is increasing in some electric motorcycle models and shared application scenarios. In order to cover more light-duty vehicle application scenarios and cannibalize a larger lithium battery market share, Xingheng's technical route has become the only choice for Xingheng.

It is reported that as early as ten years ago, Xingheng began to develop and apply lithium iron phosphate technology, such as Expo passenger cars, French Mia cars, postal vehicles, Goupil logistics vehicles, Korean recreational vehicles, and Italian Toyota forklifts have already used Stellar lithium iron phosphate. battery.

Feng Xiao, Chairman, and President of Xingheng said that at Xingheng, all technological development is centered on customer needs and market applications. The reduction of material costs and the improvement of technology have made lithium iron phosphate usher in a moment that is truly suitable for promotion in the light vehicle market.

The new high-energy iron-lithium battery product launched by Xingheng improves the low-temperature performance of traditional iron-lithium in an all-around way, with superior cycle life and excellent charge retention and recovery capabilities. The cell energy density is 142Wh/kg-156Wh/kg; the battery pack can achieve 2000 cycles; at a low temperature of -20, the battery pack discharges 85%; the battery can achieve 0 attenuations in 28 days.

In Feng Xiao's view, manganese-based multi-element composite lithium will become an important power battery technology route for light vehicles and mini passenger cars in the future, and high-energy lithium iron phosphate will be an important supplement to the market in the application of special vehicle scenarios.

Next, Xingheng will promote the layout of high-energy lithium iron phosphate batteries in the domestic market. In the future, it will focus on special categories and scene applications such as logistics vehicles, forklifts, and electric two-wheelers.

In terms of capacity deployment, Xingheng Power will have 10.5GWh of lithium battery production capacity this year, of which about 5GWh will be the manganese-based multiple composite lithium production lines, and the remaining capacity will be the switchable battery production line of manganese multiple composite lithium and lithium iron phosphate.

According to the plan, Xingheng will achieve an annual production capacity of 20GWh in the middle of 2022, and the long-term target production capacity is planned to reach 50GWh.

The popularization and upgrade of lithium batteries

At present, around the penetration and popularization of lithium batteries, the light vehicle market is on the eve of great changes.

What Xingheng has to do is to continue to give full play to its leading advantages, to comprehensively promote the iterative upgrade of technology and products, and to quickly follow up on the channels and terminal market services.

On the product side, the fully upgraded Apocalypse BMS system, ultra-lithium S7 products applicable to multiple fields, and the launch of high-energy lithium iron products focusing on specialized scenarios are the concrete manifestations of Xingheng's value creed.

On the channel side, create a "lithium battery training camp" and a "lithium battery experience camp". The former enhances the channel's lithium battery promotion and sales capabilities through integrated channels, and the latter initiates the real cultivation of the consumer market through zero-distance communication with users.

It can be seen that Xingheng has taken the lead in the battle for the popularization and upgrading of lithium batteries for light vehicles.

With safety first, best cost, strict quality, and service as the principles of action, the continuous reinforcement of the moat of Xingheng Market will also make its leading position more difficult to break.

Feng Xiao emphasized that with the wave of lithium batteries sweeping the world, the next ten years will be the golden age of lithium battery development, and Xingheng will have a lot to do. On the road to the global lithium battery carnival, Xingheng will always remain awake, make lithium batteries that make people happy, and realize the nationalization of lithium batteries.