On the occasion of the Lunar New year, BYD's latest industrial base has officially landed, and its own new energy territory has been continuously expanded and improved.
On the afternoon of January 24, Ying Yong, secretary of the Hubei Provincial CPC Committee, and Wang Zhonglin, deputy secretary of the Hubei Provincial CPC Committee and governor, had a discussion with Wang Chuanfu, chairman of BYD, and witnessed the signing of a strategic cooperation framework agreement between Xiangyang and BYD Co., Ltd.
It is reported that Xiangyang BYD Industrial Park will be an important new energy vehicle industry chain project under BYD. Five major projects will be built, such as new energy vehicle factory, auto parts factory, power battery factory, power battery parts factory and zero-carbon park. The project will be built in three phases, with a total investment of 10 billion yuan in the first phase, and the total investment in the third phase is expected to exceed 18 billion yuan.
The rumor has settled.
Vike Lithium noted that before BYD signed the agreement with Xiangyang City, relevant information spread long ago. On January 11, Xiangyang Public Resources Trading Network issued a bidding notice for the land formation project of BYD power battery project. However, on January 13, just two days later, Xiangyang Public Resources Trading Network issued a new announcement, saying that "due to major changes in this project, this tender has been terminated." If you need to reorganize the bidding, it will be announced separately in Hubei Public Resources Trading Electronic Service system and Xiangyang Public Resources Trading Network. "
The tender was terminated just two days after the tender announcement was issued, sparking a wave of speculation at the time. Now, the news that BYD is building an industrial park in Xiangyang is down to earth. According to the tender notice deleted by Xiangyang Public Resources Trading Network, BYD Xiangyang factory project is located in Shenzhen Industrial Park, Xiangyang High-tech Zone.
According to previous news, BYD's project in Xiangyang includes at least 300000 vehicle manufacturing and 30GWh blade battery production capacity.
It is worth noting that according to the latest disclosure of Hubei Daily, in addition to BYD Xiangyang Industrial Park, in the first quarter Xiangyang will also start construction of the whole industrial chain of Chuanfa dragon python iron phosphate with an investment of 8.5 billion, the China Electric Power New Energy Automobile Industrial Park with an investment of 5 billion, and the "giant" projects such as lithium iron phosphate and titanium industry chain of Longbai Group with an investment of 3 billion.
Deploy 17 power battery bases
At present, including Xiangyang base, BYD has completed or planned to build 17 production bases, with a total production capacity far exceeding that of 400GWh.
Among them, the completed bases are Qinghai Xining (24GWh), Huizhou (2GWh), Shenzhen Pingshan (14GWh), Chongqing Bishan (45GWh), Xi'an Hi-tech (50GWh), Changsha Ningxiang (20GWh), Guizhou Guiyang (20GWh) and Anhui Bengbu (20GWh).
In 2021, BYD also expanded eight production bases, including Jinan in Shandong, Wuwei in Anhui, Yancheng in Jiangsu, Wuhan in Hubei, Shengzhou in Shaoxing, Ningbo in Zhejiang, Chuzhou in Anhui and Fuzhou in Jiangxi, with a total new production capacity of 205GWh. Among them, the first phase of the Chuzhou project in Anhui Province is expected to be put into production in May this year, with a production capacity expected to be 10GWh.
In addition, BYD also has a joint venture with Changan to build 10GWhh, as well as a production base on the way with FAW.
Prior to January 15, FAW Fudi New Energy Technology Co., Ltd. was established, with Wu Ruijia as its legal representative and registered capital of 1 billion yuan. The company is jointly owned by Fudi Industrial Co., Ltd. (51%), a wholly-owned subsidiary of BYD, and FAW Equity Investment (Tianjin) Co., Ltd. (49%), a wholly-owned subsidiary of China first Automobile Group Co., Ltd.
In terms of management structure, Li Hongjian, vice president of FAW Group Research and Development Institute and director of the Institute of Innovation and Technology, was appointed chairman, and he long, chairman of Fudi Battery, served as vice chairman.
It is reported that the two sides will take the joint venture company as the main body to build a strategic base for power batteries of new energy vehicles in Northeast China. The factory adopts industrial 4.0standard and is built in three phases. After reaching production, the factory will achieve the power battery capacity of 45GWh per year, and will provide safe and long-lasting blade batteries for more than 1 million vehicles.
2022 full acceleration
All along, BYD has been adhering to the purpose of all-round development, the business layout is also around the automobile, battery, semiconductor three aspects, has formed a tripod situation.
In 2022, BYD filled up the "firewood" under Dingxia, making the business layout more "boiling".
In the automotive sector, from the capacity that BYD has already laid out, it will reach 3.9 million vehicles by 2023. In 2021, BYD produced and sold 607000 and 604000 vehicles, with a market share of 17.2%. With regard to the 2022 sales target, BYD revealed at the exchange meeting last year that delivery is expected to reach 1.5 million vehicles in 2022.
In order to support the realization of the goal, BYD planned high-end brands ahead of schedule in February last year, and BYD will have a number of high-end models coming in 2022. According to the information available, the price of the first high-end model should be between 500000 yuan and 900000 yuan, positioning the high-end hard off-road vehicle, and the first model and new high-end brand are expected to be released in the first half of this year. And in the naming will also continue to continue the direction of the national tide.
In addition, high-end MPV is also on standby. According to Zhao Changjiang, director of BYD's high-end brand preparation office, on his personal social platform account, "(high-end mpv intelligence) seems to be much higher than everyone expected next year, based on the car, will surpass the car!"
In the battery sector, in addition to continuing to expand its production base, BYD has launched Synchronize operations at home and abroad in terms of raw material layout. On the domestic side, enterprise investigation shows that on January 12, industrial and commercial changes occurred in Changsha BYD Automobile Co., Ltd., the company's business scope of new commonly used non-ferrous metal smelting; productive waste metal recycling; renewable resources recovery and so on.
Overseas, Chile gave one of the five lithium mining contracts to BYD Chile, according to a recent statement sent by the Chilean Ministry of Mines via email. With a bid of US $61 million and a contract quota of 80, 000 tons, the winning bidder will be given a seven-year survey, research and project development period with an extension of up to two years and 20 years of production. The tender will close in mid-January.
More importantly, BYD's power battery supply pace is getting faster and faster, it can be predicted that 2022 will be a new major customers, the market position will be further enhanced.
In the field of semiconductors, after more than half a year, BYD Semiconductor will usher in the gem debut meeting on the 27th of this month. According to the prospectus, the number of shares issued this time shall not exceed 50 million shares, accounting for no less than 10% of the total share capital after the issue, and it is proposed to raise 2.686 billion yuan.
BYD Semiconductor was founded in 2004, the main business is divided into five parts: power semiconductors, intelligent control IC, intelligent sensors, optoelectronic semiconductors, manufacturing and services.
Among them, vehicle gauge semiconductors are the core business of BYD Semiconductors. from the product category, BYD vehicle gauge Semiconductors are mainly divided into three categories: SiC (Silicon Carbide) module, IGBT module (insulated gate bipolar transistor) and self-developed hybrid DM control module. In the field of IGBT, BYD Semiconductor ranked second in the world among new energy passenger car motor drive manufacturers in 2019 and 2020 for two consecutive years, and ranked first among domestic manufacturers, with a market share of 19%, second only to Infineon; the DM module also grew with the popularity of BYD hybrid models; and the SiC module was also installed on the BYD Han EV.
In view of this, BYD is in a new rising period. With the launch of high-end models, battery acceleration and semiconductors in 2022, what kind of story BYD will write? let's wait and see!
As of January 25, BYD closed at 240.31 yuan per share, down 11.09 yuan per share, or 4.41%, with a total market capitalization of 699.6 billion.
