• Thursday, June 20, 2019

Chinese battery player Sunword gets a big contract to supply to Renault/Nissan electric cars

Discussion in 'China & Far East' started by GS Zhou, Apr 15, 2019.

  1. GS Zhou

    GS Zhou FULL MEMBER

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    Chinese Battery Supplier Sunwoda announces that it won a big contract from the automobile group Renault-Nissan. Sunwoda is selected as the electric vehicles battery supplier to Renault-Nissan and is expected to supply 1.2 million units of battery packs to the latter in 2020 to 26

    欣旺达电子股份有限公司(以下简称“欣旺达”)全资子公司欣旺达电动汽车电池有限公司(以下简称 “欣旺达电动汽车” 或“公司”)参与了雷诺(Renault)-日产(Nissan)联盟(以下简称“雷诺日产”)组织的电动汽车电池采购活动,并于近日收到了雷诺日产发出的供应商定点通知书,相关车型未来七年(2020-2026)的需求预计达115.7万台,该产品采用公司自主开发的动力电芯方案和动力电池系统解决方案。根据《深圳证券交易所创业板股票上市规则》、《深圳证券交易所创业板上市公司规范运作指引》的规定,现予以公告。

    雷诺日产是目前世界主要汽车制造公司之一,本次公司被选定为雷诺日产供应商,是公司在电动汽车电池业务方面的重要进展,有利于增强欣旺达在电动汽车电池领域的综合竞争实力。

    http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?faf1478c-adbc-4ab3-9537-515c8fc78115
     
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  2. TaiShang

    TaiShang ELITE MEMBER

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    Good business deal. Proves that China's international trade is being qualitatively improved as more value-added products replace those low value-added.

    Also proves why certain countries receive low end outsourcing from China.
     
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  3. GS Zhou

    GS Zhou FULL MEMBER

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    In addition to serve the domestic Chinese car companies, Chinese battery suppliers are gradually getting the access to supply to the electric vehicles from the foreign car companies. Multiple examples have been observed, e.g.:
    - CATL to supply to BMW, the order worth of about 4 billion Euro
    https://www.reuters.com/article/us-...n-ev-battery-factory-in-germany-idUSKBN1JZ11Y

    - CATL to supply to Honda. Contract volume around 56Gwh batteris
    https://www.reuters.com/article/us-...erate-on-ev-battery-development-idUSKCN1PU16O

    - Sunwoda to supply to Renault/Nissan. The op news

    - Funeng/孚能 gets a big order from a German premium car company. Funeng does not specify who is the "German premium car company". But many believe this is Mercedes. It is a massive contract, 140Gwh/20 billion euro!!

    - EVE/亿纬锂能 gets the battery order from Mercedes. But the order size unclear yet.
    http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?cd0e4b50-2dd8-442d-801d-53793f9f08fc
     
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  4. TaiShang

    TaiShang ELITE MEMBER

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    Very important ground work for China to later take a fair share in the global EV ecosystem.
     
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