Ganfeng lithium industry power battery loading for the future solid-state battery "front station"?

There is always no shortage of new entrants in the vast market of new energy vehicles and power batteries.

As a global lithium resource and lithium salt giant, Ganfeng lithium industry has been involved in the field of power battery manufacturing as early as 2011. Enterprise inspection data show that the major shareholder of Jiangxi Ganfeng Lithium Technology Co., Ltd. (hereinafter referred to as: Ganfeng Lithium), which was founded in 2011, is Ganfeng Lithium Industry. Ganfeng Lithium owns 54.62% of Ganfeng Lithium Power and is the controlling shareholder of Ganfeng Lithium Power.

However, Ganfeng lithium battery does not often appear in the field of vision of the power battery industry. On the one hand, it may be related to its installed capacity and market supporting few data statistics; on the other hand, it may also be that the lithium resources and lithium salt performance of Ganfeng lithium industry is too bright, which makes people ignore that Ganfeng lithium industry has such a business.

It is worth noting that the battery of Ganfeng Lithium Power has also begun to be matched externally.

A few days ago, the 345th batch of "Road Motor vehicle Manufacturing Enterprises and products announcement" announced by the Ministry of Industry and Information Technology showed that the Qilu costin EC1 car, which was developed and declared jointly by Chery Group and Qilu Automobile, had batteries from Ganfeng Lithium Power. It is reported that the battery type of the costin EC1 car is lithium iron phosphate, but the battery pack capacity and mileage have not been announced.

Given that the costin EC1 is a small A00-class vehicle positioned with two doors and four seats, the overall battery charge of the vehicle is not expected to be too high.

However, it also shows that Ganfeng Lithium's power battery business has moved from behind the scenes to the public eye.

The "secretly growing" revenue of lithium battery business has accounted for more than 20%.

Ganfeng Lithium Industry currently has a production capacity of 40, 000 tons of lithium carbonate, 80, 000 tons of lithium hydroxide and 2000 tons of lithium metal. Many people may think that Ganfeng Lithium Industry is a lithium ore resources and lithium salt production company. In fact, lithium battery business also plays an important role in Ganfeng lithium industry.

According to the introduction of Ganfeng lithium industry, lithium-ion battery is an important part of the company's lithium ecosystem layout and an important business segment of the company. Ganfeng lithium ecosystem is composed of upstream lithium resources, lithium compounds, metal lithium and lithium battery recycling.

In fact, from the 2020 annual report of Ganfeng Lithium Industry, we can see that the proportion of lithium battery business in its revenue should not be underestimated.

According to the data, the revenue of Ganfeng lithium battery series was about 1.268 billion yuan in 2020, an increase of 110.33% over the same period last year, accounting for 22.96% of its total revenue.

According to Battery China, at present, Ganfeng Lithium's lithium battery business is mainly consumer batteries, TWS batteries, power / storage batteries and cutting-edge solid-state batteries.

Based on the different types of battery business, Ganfeng Lithium Power, a subsidiary of Ganfeng Lithium Industry, has set up six subsidiaries, namely, Huizhou Ganfeng Lithium, Dongguan Ganfeng Electronics, Zhejiang Feng Lithium New Energy, Xinyu Ganfeng Electronics, Jiangsu Ganfeng Power and Jiangxi Ganfeng New Energy.

Based on the above six subsidiaries, Ganfeng Lithium Industry has formed the layout of six major lithium battery production bases in the country.

Ganfeng Lithium Industry Lithium Battery production Base

From the perspective of battery application field and production capacity, Ganfeng lithium industry's consumer batteries are mainly produced by Dongguan Ganfeng, which has an annual production capacity of 30 million units.

TWS batteries are mainly produced by Xinyu Ganfeng Electronics. By the end of 2020, the daily output of Xinyu Ganfeng TWS battery automatic production line has reached 300000 units.

In terms of power / energy storage battery, by the end of 2020, Ganfeng lithium iron phosphate battery production capacity is 1GWH, and plans to expand production to 3 GWh.

Although Ganfeng Lithium does not disclose the proportion of revenue from various types of batteries, it can be seen from some of its previous orders that lithium battery revenue is mainly contributed by consumer batteries and TWS batteries.

The maximum potential flashpoint or in its solid-state battery

In fact, the battery layout of Ganfeng lithium industry first attracted the attention of the industry is its layout in the field of solid-state batteries. Solid-state battery was recognized as one of the mainstream technologies of the next generation of power battery several years ago because of its good safety and high energy density. Ganfeng lithium industry is also aimed at this trend, and combined with its own advantages in the battery industry chain and market pattern judgment, carried out the layout of solid-state battery technology in advance.

As far as battery China knows, the solid-state battery of Ganfeng Lithium Industry is responsible for Zhejiang Feng Lithium, a wholly owned subsidiary of Ganfeng Lithium Power Co., Ltd. Zhejiang Fengli has been established in Ningbo since 2017, with a registered capital of 250 million yuan. At the beginning of its establishment, it focused on the research and development of solid-state batteries, the next generation of power lithium batteries with independent property rights.

"solid-state lithium battery business is the focus of the future development of Ganfeng lithium electric power battery business plate," Ganfeng lithium industry said in the 2020 annual report. 2019 has invested in the establishment of the first generation of solid-state lithium battery research and development pilot production line, accelerating the commercialization of solid-state lithium battery technology.

According to Ganfeng Lithium Industry, the first generation of Zhejiang Fengli mixed solid-liquid electrolyte battery products have passed a number of third-party safety tests and customer sample tests, with an energy density of 235-280 Whamp kg. The second-generation solid-state lithium battery is based on high nickel ternary cathode and metal-containing lithium anode material, which currently has an energy density of more than 350 Whhampokg and a cycle life of nearly 400 times. The solid-state cell of lithium negative electrode with energy density higher than 420Wh/kg has been used in special fields.

In March this year, Xu Xiaoxiong, general manager of Zhejiang Fengli, introduced the research and development of Zhejiang Fengli in the field of solid-state battery when attending the second International Exchange Conference of New Energy vehicles and Power Battery (CIBF Shenzhen). According to its introduction, at present, the first and second generation solid-state batteries of Zhejiang Fengli are solid-liquid hybrid battery technology, that is, semi-solid battery products.

"(mixed state) there is no great subversion to the existing lithium-ion battery production line, the mixed solid-liquid is also suitable for the soft package laminated sheet route, and the assembly has great compatibility with the current soft package liquid. Large-scale, automation and efficient mass production can be achieved without big subversion." Xu Xiaoxiong judged that in the next few years, this kind of solid-liquid mixed semi-solid battery will be one of the main trends.

"Zhejiang Feng Lithium 2GWh solid-liquid mixed semi-solid battery production line plans to put into mass production this year, and strive to achieve loading application." Xu Xiaoxiong also revealed that the hybrid solid-liquid lithium-ion power lithium battery developed by Zhejiang Fengli is also highly competitive in cost, and after large-scale production at the GWh level, it will have a certain advantage in comprehensive cost compared with the existing liquid lithium-ion battery.

According to Ganfeng Lithium Industry's layout of lithium battery itself, Ganfeng Lithium Power was established in 2011, but over the past years, its products are still focused on consumer batteries, TWS batteries and other areas, while power batteries are rarely installed or supplied; in 2017, it invested heavily in solid-state battery layout in advance, and then its R & D and layout in the solid-state battery field continued to increase, and achieved remarkable results.

But at the same time, it can also be seen that the layout and research and development of Ganfeng lithium power in the field of traditional liquid battery technology has not been interrupted. The editor speculates that on the one hand, it may be to explore the way for its solid-state battery and build a complete lithium battery industry chain and customer channel; on the other hand, it is also to prepare for the energy storage and economic new energy vehicle market. But looking to the future, its "heavy punch" in the new energy vehicle market should still be on its solid-state battery products.