Tesla booked 45GWh battery lithium iron phosphate battery demand blowout from Ningde era

According to reports, Tesla has ordered 45GWh lithium iron phosphate batteries from Ningde Times, China's leading power battery company, for next year, mainly for Model 3 and Model Y models, according to several people familiar with the matter. 45GWh batteries will correspond to nearly 800000 cars. This has exceeded Tesla's total global sales in the first three quarters of this year. According to informed sources, in addition to booking 45GWh batteries from Ningde Times, Tesla also plans to make additional orders. "the two sides are already in negotiations."

Comments: at the third quarter earnings call in October, Tesla officially announced that the worldwide standard continued versions of Model 3 and Moderl Y models have been converted to lithium iron phosphate batteries. Compared with ternary lithium battery, lithium iron phosphate battery has better safety, stability and lower cost, so it is favored by entry-level vehicles. Especially in the past two years, companies such as Ningde Times, BYD and Weilai have gradually improved the system energy density and winter low temperature performance of lithium iron phosphate batteries through structural improvement and mixed installation programs. This also makes the demand for lithium iron phosphate batteries blowout. According to the domestic power battery installation data in September, ternary lithium batteries were loaded with 6.14GWh.Lithium iron phosphate batteries were loaded with a total of 9.54Wh. lithium iron phosphate batteries were ahead of ternary batteries in terms of loading capacity for three months in a row.

Jiangxi sublimation, a subsidiary of Fulin Seiko, mainly produces lithium iron phosphate and ternary materials. at present, the annual production capacity of lithium iron phosphate is 12000 tons. Jiangxi sublimation recently increased its capital by 500 million yuan, and Ningde era bought shares as a strategic investor. All the funds will be used for the 50,000 t / a lithium iron phosphate expansion project, and the related products will be given priority to supply Ningde era and its designated main body.

Hunan Yacheng, a wholly-owned subsidiary of Hezhong Technology, mainly produces lithium iron phosphate battery cathode precursor products, indirectly supplying Ningde era.