Kuaidi Technology reported on June 20 that according to domestic media reports, Xinwangda Power, a power battery company owned by Xinwangda, has won the battery fixed-point project for the Ideal M8, M7 and Xiaomi’s third models.
According to informed sources, Xiaomi’s third car is strictly cost-oriented, which is also one of the key factors in selecting Xinwanda’s target.
“The system-level quotation may be below 60 cents per watt-hour.
” For Xinwangda Power, the current price war between domestic automobile companies is in full swing.
In addition to reliable and stable batteries, the main engine factory’s business needs for power battery manufacturers also hope that battery prices can be gradually lowered.
Compared with industry giants of this size in Ningde era, Xinwangda Power has a large gap in size, but Xinwangda can rely on its representative technology and cost advantages to leverage orders for models originally supplied by Ningde era.
, For example, Ideal Automobile introduced Xinwangda Power to supply its models.
Not only is Ideal Automobile a shareholder of Xinwangda Power, it is also related to Xinwangda Battery’s technical expertise.
According to SNE Research data, Xinwangda Power has ranked first in the Chinese market for three consecutive years in installed capacity in the HEV (hybrid) market.
Hybrid models have small charging capacity, but high power requirements and higher requirements for rate performance, which also drives the development of Xinwangda’s fast charging technology.
At present, the maximum charging rate of Xinwangda Power’s flash charging battery has reached 6C, which can be charged to 80% in 10 minutes.
However, market rumors are that Xiaomi’s third model may be a hybrid model, and its battery characteristics requirements also overlap with Xinwangda’s technical expertise.
This is one of the reasons why Xinwangda was able to win orders from Xiaomi.
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