330Wh/kg technology is recognized by authority to help Funeng Technology to develop the global market.

President Joe Biden and CEO, the parent company of GM, Ford and Fiat, attended an event on electric vehicles and fuel economy standards on Aug. 5, 2021. On the same day, Biden signed an executive order to achieve 50% of new energy and new car sales by 2030. It is understood that in April this year, Biden announced a $2.3 trillion infrastructure plan, of which the support program for electric vehicles reached $174 billion. It seems that under the determination and consensus of "the streetcar is the future", this former overlord, who lags far behind in the new energy track, is about to return to the manufacturing track to seize the highland through the maximum support of scientific research, technology and application.

In May 2021, the Advanced Battery Alliance ("USABC") announced that it would award a $4.1 million (about 26.65 million yuan) technology development contract to Funeng Technology for the low-cost fast charge (Low-Cost,Fast-Charge,) battery technology project for electric vehicles. The Advanced Battery Alliance ("USABC") is a subsidiary of the American Automotive Research Council ("USCAR") and a cooperative agency of Stellantis, Ford and General Motors. Supported by a cooperation agreement with the U.S. Department of Energy ((DOE)), USABC's mission is to develop advanced electrochemical technologies to support the commercialization of new energy vehicle applications.

It is understood that this is not the first cooperation with Funeng Technology, so why Funeng Technology, "mediocre" Funeng Technology through what kind of technical strength to win the favor of USABC?

Recently, the US Automotive Research Council ((United States Council for Automotive Research LLC, abbreviated as "USCAR") posted a message on its official website that the R & D team of Funeng Technology won the team Achievement Award 2020 for the outstanding technological strength of the new generation of batteries. (USCAR 2020 Team Awards), this award is really a technical hammer for the hard power of Funeng Technology!

It is reported that the award was launched by the American Automotive Research Council ("USCAR") in 2003 to recognize teams and members who have overcome key technical problems and challenges, achieved technological innovation and made outstanding contributions to the member companies of the American Automotive Research Council through dedicated technical research.

Low-key, pragmatic and dedicated technology, you can have both a fish and a bear's paw.

According to SNEResearch data, the global installed capacity of automotive power batteries increased by 17% in 2020 compared with the same period last year, reaching 137GWh. With the continuous discharge of downstream demand, there is an urgent need for further breakthroughs in the performance of power batteries. Theoretically, the main indicators to measure the performance of power batteries include energy density, cycle life, rate performance (charge and discharge), stability, consistency, cost and so on, which depend on each other and restrict each other. many people think that it is difficult to achieve double improvement or multi-improvement of performance indicators.

However, through years of innovation in lithium electrogenetics and materials technology, Funeng Technology has developed and verified a new generation of electric vehicle batteries with energy density up to 330Wh/kg, with up to 1500 cycles, and the technology can still provide 90% capacity at minus 20 °C. Its technological hard core advantage is not only reflected in high energy density, but also has obvious advantages in high power, long life, high and low temperature performance and high temperature storage, which can be higher than the current level of the industry.

According to the US Automotive Research Council ((USCAR)), the highlights of Funeng's new generation of battery technology mainly boil down to "three initiatives" and one "unique":

Pioneer one:

With a mass energy density exceeding 330Wh/kg and a volume energy density exceeding 750 EV L, this project has become the first project to meet both the (United States Advanced Battery Consortium LLC, ("USABC") 2023 Whisper battery cost target and the key technical indicators of ultra-high energy density automotive applications.

Initiative 2:

Funeng Technology is the first global power battery company to use high specific energy silicon-carbon composites as battery anode materials to improve battery energy density and cycle performance. The battery technology limits the huge expansion of silicon material charge and discharge, and cooperates with single-walled carbon nanotube conductive agent and new binder to build a stable electrode system. Through the cooperation of the chemical system, the high dynamic performance of the battery is realized, so that the battery can still provide about 90% capacity at the temperature of minus 20 ℃. The power battery technology has the advantages of high energy density, long life and high dynamic performance, which fills the current gap in the industry. It is understood that the high specific energy battery products provided by the world soft package giant LG, the energy density of the cell is about 290Wh/kg, and the number of cycles is only 750times.

The first three:

330Wh/kg 's battery energy density contributes to a 25% increase in battery life, which helps the project become the leading success story of the Advanced Battery Alliance ("USABC") in the United States, and will become a model in the field of new energy vehicle applications in the next few years.

The only one in the lead:

According to the US Automotive Research Council ((USCAR)), the new generation battery technology of Funeng Technology is the only battery tested by the Advanced Battery Alliance ("USABC") to meet the US Department of Energy's 2023 technical parameters targets such as cost (US $0.10 / Wh), energy density (330Wh/kg) and cycle life (1000 +). It is also the best battery technology that USCAR has verified so far.

Technology has always been an important engine for market take-off.

The market may not be able to exchange for technology, but technology has always been an important engine for the market to take off.

According to EV volumes, global sales of new energy vehicles were 3.24 million in 2020, compared with 2.26 million in the same period in 2019, an increase of 43.36 per cent year-on-year. Among the new energy models driven by power batteries, the cost of power batteries accounts for nearly 40%. Therefore, the market once thought that to buy new energy vehicles is to buy batteries. Shipments of new energy vehicles have increased significantly, directly promoting the continuous expansion of the power battery market. In the face of the strong demand for new energy power batteries, the industry urgently needs to carry out technological changes to meet the products and service demands of downstream manufacturers.

For the downstream manufacturers of power batteries, whether in the era of fuel vehicles or in the era of new energy vehicles, it is their goal to maximize their interests as far as possible. According to the data of "discrete Choice Analysis of Electric vehicle purchase intention", performance and price are important factors for people to choose to buy, especially for price-sensitive consumers, the ultimate performance-to-price ratio is the main consideration.

As a new generation of battery technology with both performance and cost, the founding R & D team of Funeng Technology has been engaged in the technical research and development of power battery products since 1997. It is one of the earliest technical teams engaged in the development of lithium-ion power batteries for new energy vehicles in the world. Since its establishment, it has devoted itself to continuous innovation and breakthrough of technological shortcomings, mastered dozens of independent research and development of the core technologies of the whole industry chain, and laid a solid foundation in the field of new energy. it is a global leading enterprise of soft package lithium electricity. According to public data, it ranks first in domestic share for four consecutive years from 2017 to 2020, and ranks second only to LG, SKI and SDI in 2020.

In the future, with the wide application of the battery technology around the world, it is believed that Farasis Inside will be seen in high-performance sports cars, passenger cars, electric aircraft and other scenes. For Funeng Technology, it can undoubtedly help it to win the favor of more vehicle manufacturers, get more high-quality orders, and expand the market share of power batteries, so as to further enhance its core competitiveness and sustainable profitability. In addition, the close cooperation and smooth progress with the American Automobile Research Council (USCAR) may also be another "stepping stone" for Funeng Technology to open up the North American market. Yang Fan will ride the wind and waves in the process of accelerating the globalization of Funeng Technology. As Wang Xun, chairman of Funeng Technology, said: the needs of customers are always the direction of enterprises' efforts, and meeting the needs of customers is the only means to realize the value of the company.