What are the layout of the electric drive system for the new energy vehicles of SAIC passenger cars?

SAIC proposes a "new four modernizations" layout of electrification, networking, intelligence and enjoyment for the future; Half a month later, on the day before the Shanghai Auto Show, SAIC held an automobile founders' conference with the theme of "Internet X New Energy". Behind the frequent actions of SAIC is a new thinking about the transformation of traditional automobile enterprises, and then SAIC has also made substantial progress based on "electrification" and "new energy".

On May 3rd, according to a public announcement recently issued by the Anti-monopoly Bureau of the Ministry of Commerce of China, China's auto giant SAIC and China's new energy vehicle battery pioneer Contemporary Amperex Technology Co., Limited New Energy Technology Co., Ltd. (hereinafter referred to as "Contemporary Amperex Technology Co., Limited") jointly established a power battery company. At present, as an important part in the competition of new energy vehicles, power batteries are particularly critical. Some insiders believe that the joint efforts of SAIC and Contemporary Amperex Technology Co., Limited are of far-reaching significance.

a "marriage" gives birth to two sons

The Anti-monopoly Bureau of the Ministry of Commerce published the case of a new joint venture between Shanghai Automotive Group Co., Ltd. and Contemporary Amperex Technology Co., Limited New Energy Technology Co., Ltd. until May 13, 217. According to the public information, SAIC will establish two new joint ventures with Contemporary Amperex Technology Co., Limited through its wholly-owned subsidiary, Shanghai Automotive Group Investment Management Co., Ltd., namely Times SAIC Power Battery Co., Ltd. and SAIC Times Power Battery System Co., Ltd..

The registered capital of Times SAIC Power Battery Co., Ltd. is RMB 2 billion. SAIC plans to hold 49% of the shares and Contemporary Amperex Technology Co., Limited plans to hold 51%. The company will mainly engage in the development, production, sales and after-sales service of lithium-ion batteries and lithium polymer batteries; The registered capital of SAIC Times Power Battery System Co., Ltd. is RMB 3 million. SAIC plans to hold 51% of the shares and Contemporary Amperex Technology Co., Limited plans to hold 49%. The company will mainly engage in the development, production and sales of power battery modules and systems.

It is not difficult to find out through the shareholding ratio that the two joint ventures are led by Contemporary Amperex Technology Co., Limited and SAIC respectively: SAIC mainly focuses on the battery part, which is Contemporary Amperex Technology Co., Limited's strong point; Saic era power mainly focuses on modules and systems, which are led by SAIC.

The publicity materials of the Ministry of Commerce also show that Contemporary Amperex Technology Co., Limited's market share in China's lithium-ion power battery related market has reached 2%-25%; In China lithium-ion power battery system (excluding batteries) market, Contemporary Amperex Technology Co., Limited's market share is 5%-1%, and SAIC's market share is 1%-5%; In the electric vehicle market in China, SAIC has a market share of 1%-5%.

why is the little-known Contemporary Amperex Technology Co., Limited favored by SAIC? It is reported that Contemporary Amperex Technology Co., Limited was established in 211, and its main business covers the fields of power and energy storage batteries, with core technologies of materials, batteries, battery systems and battery recycling. Although it has not been established for a long time, Contemporary Amperex Technology Co., Limited's shipments rank third in the world, second only to Panasonic and BYD. According to the data released by EVtank, in 216, BYD's power battery shipments were 8.23Gwh, up 174.33% year-on-year, with a market share of 27%, while Contemporary Amperex Technology Co., Limited's power battery shipments were 6.26Gwh, up 156.38% year-on-year, with a market share of 2%. It is reported that at last month's Shanghai Auto Show, 17 pure electric and plug-in hybrid models of 8 car companies all adopted Contemporary Amperex Technology Co., Limited's batteries or battery modules. Under the premise that China's overall parts industry lags far behind the international market, Contemporary Amperex Technology Co., Limited has grown into an enterprise that can compete with international battery enterprises and become a leader in the field of new energy automobile parts in China.

at the same time, due to the subsidy policy for new energy vehicles, foreign battery companies can't enter the Catalogue of Power Batteries, so new energy vehicles equipped with power batteries made by foreign battery manufacturers can't get subsidies from the state and local governments in China market. In the case of subsidies as high as tens of thousands of yuan, domestic new energy vehicle manufacturers can only purchase the products of China battery enterprises that have entered the catalogue. In order to enjoy the subsidy policy and seize the new energy vehicle market. Not long ago, Beijing Hyundai also began to give up the products of Korean battery companies and began to cooperate with Contemporary Amperex Technology Co., Limited.

By sorting out the data, it is found that several major OEMs, such as BMW, SAIC, BAIC New Energy, Geely and Changan Automobile, have cooperated with Contemporary Amperex Technology Co., Limited. In the new energy vehicle market in China, except BYD, other major new energy vehicle companies all choose Contemporary Amperex Technology Co., Limited battery products, which also proves Contemporary Amperex Technology Co., Limited's leading position and technical strength in the power battery industry.

Some analysts pointed out that the joint venture between SAIC and Contemporary Amperex Technology Co., Limited seized the development opportunity. Compared with other OEMs, SAIC simply buys power batteries from Contemporary Amperex Technology Co., Limited. Through establishing a battery joint venture with Contemporary Amperex Technology Co., Limited, SAIC has deepened its cooperation with Contemporary Amperex Technology Co., Limited. However, SAIC will obviously have greater advantages than other OEMs in terms of purchasing cost and supply of power batteries, which will improve the market competitiveness of SAIC's new energy automobile products. For example, before Tesla and Panasonic cooperated, their businesses were driven by each other, and * * * grew into giants in their respective fields. Now the joint venture between SAIC and Contemporary Amperex Technology Co., Limited will once again write a history of "* * * growing together".