Multi-blooming far East battery received another 116 million yuan order from European customers in October.

On November 1, far East announced that in October, the company received contract orders of more than 10 million yuan from subsidiaries totaling 998 million yuan, of which far East batteries received about 287 million yuan in October.

According to the announcement, the far East battery received an order of 140 million yuan for lithium battery in the South Asian market in October, 115.5 million yuan for lithium battery for European power tools, and 32 million yuan for domestic lithium battery.

Battery China learned from far East shares that far East Battery won 115.5 million battery orders for a power tools customer in Europe. At present, the global power tools market is mainly in Europe and the United States, the demand for battery performance is quite high. In the past, international lithium battery suppliers of power tools were mainly occupied by Japanese and Korean battery companies. Far East Battery has previously declared the power tools market, and this order also shows that its lithium battery products for power tools have been recognized by European customers, and the battery business has officially entered the European tool market.

It is worth mentioning that in September this year, the far East battery also won 153 million yuan of European market orders, including 110 million yuan for automobile power batteries and 43.362 million yuan for energy storage systems. These two orders show that far East battery-powered batteries and energy storage batteries have been recognized by European car companies and energy storage systems respectively.

New energy vehicles, energy storage, power tools and other business areas have blossomed, and they are all mainstream customers in Europe, which means that far East batteries have made breakthroughs and significant improvements in product performance, quality system, mass production capacity and international market expansion in the past two years.

According to battery China, at present, there are mainly two bases for far East batteries: Jiangxi Base (Jiangxi far East Battery Co., Ltd., referred to as "Jiangxi far East Battery") and Jiangsu Base (far East Battery Jiangsu Co., Ltd., referred to as "far East Battery Jiangsu"). It is reported that Jiangxi far East Battery is currently mainly engaged in the R & D, production, sales and service of cylindrical lithium-ion batteries, energy storage and power batteries. At present, it mainly produces 18650 and 21700 lithium batteries and power battery packs; the existing production capacity is 6GWH, including 21700 capacity 2GWh and 18650 capacity 4GWh.

Far East battery Jiangsu total production capacity planning 12GWH, the product is divided into NCM ternary and lithium iron phosphate two series, 1GWh has been put into production, focusing on the deep ploughing of lithium-ion soft package battery R & D and manufacturing.

In addition, Battery China also learned that from January to October this year, the accumulative total of newly signed orders for battery plates in the far East has reached 1.959 billion yuan, and there should be no doubt that it will exceed 2 billion yuan this year.