BYD new battery to be put into production next year

Absrtact: BYD Chairman Wang said recently that BYD will launch a new study of lithium manganese phosphate batteries next year, a battery that will significantly improve energy density than traditional lithium iron phosphate batteries, close to the tri-material battery used by Tesla. The technology, BYD chairman Wang said in recent days, BYD will launch a new study of lithium manganese phosphate battery next year, this battery will be more than the traditional lithium iron phosphate battery in the energy density of a significant increase, close to Tesla using ternary material batteries. This technology is expected to significantly increase the battery mileage, the cost is not increased.





yesterday, BYD related Personage told South all reporter, this one battery will directly use the original production line to produce, the capacity promotes quickly. At the same time, BYD's new battery plant will be put into operation in September, battery capacity will double growth.





can directly use the original production line





BYD's new study of manganese phosphate battery energy density will reach 150w h/k G, compared to the original lithium iron phosphate battery will be significantly increased by nearly 60%. It is reported that the current lithium-ion batteries are mainly lithium iron phosphate batteries and ternary materials battery two kinds, the former more in the domestic new energy vehicles, Tesla electric vehicles used Panasonic's n X a ternary material battery.





yesterday, deputy general manager of BYD Auto Sales Co., Li Yunfei, confirmed the news to South reporters, saying that this would make BYD's new energy vehicle battery mileage significantly higher. It is understood that this new technology battery will be mainly used in BYD's own production of new energy vehicles. Mr Wang previously said the new high-density batteries were not falling in cost. According to media reports, the current battery materials used in the cobalt elements in China's reserves are very small, many need to import from overseas, the price is limited, but manganese phosphate lithium manganese dioxide batteries in our reserves are very rich, or will help to reduce costs.





Li Yunfei introduced that the current BYD battery annual output capacity is 1.6G W H, although already in the global lead, but still have bottlenecks. In September, BYD's new battery factory, with an annual output of 4G W H, will be put into production, and the plant's capacity will reach 1.5G H, which means the existing capacity will double. "The battery bottleneck that has previously restricted the capacity of the" Qin "series of new energy vehicles will no longer exist. Li Yunfei told reporters that the capacity of new energy vehicles will be greatly improved.





Li Yunfei also told the south, although the lithium iron phosphate batteries using a new material and formula, but the original production process changes are not small, can directly use the original production line. As a result, new high-density battery capacity can be rapidly upgraded if necessary.





"If the new battery really achieves such energy density, it could be a revolutionary change in the new energy vehicle industry." "Zhang, a senior automotive analyst, told reporters that Tesla's ternary lithium-ion batteries are used in a small device such as a computer, where the energy density is high, but the stability is slightly lower." BYD's Lithium iron phosphate battery if it can be near the energy density of ternary material batteries, stability can be guaranteed, then in battery technology, BYD can reach the international top level.





battery cost is critical to new energy vehicle





in terms of cost, Zhang reporter analysis said, battery research and development, early amortization cost is high, but if the original production line can be directly, without the need for new production lines, you can save a lot of construction costs, then the cost of decline will be very fast.





Li Yunfei told reporters that 2014 BYD's new Energy vehicle sales target is 10 billion yuan, 10 times times higher than 2013, 2015 target is not determined, but there will be further explosive growth. "If the cost of the battery can be drastically reduced, it will help BYD to achieve such sales targets." ”





, a securities analyst told reporters that the current promotion of new energy vehicles, the government subsidies are also very dependent on the state and the local double subsidy, the price is competitive. According to the Ministry of Finance and other four ministries of the "on the continuation of new energy vehicles to promote the application of the work of the Notice" stipulates that the new energy vehicle subsidy standards will be declining year. The analyst believes that the future cost control of new energy vehicles is critical, the lower battery costs, will be a big mention of BYD's new car price competitiveness.