2023 BMW accelerates plan to land cylindrical batteries
BMW
Almost on the same day, the overseas factories of Envision AESC and Energy Very Endure, the two major suppliers of BMW’s large cylindrical batteries, announced new progress.
On June 7, local time in the United States, Envision AESC held a groundbreaking ceremony for its smart battery factory located in Florence County, South Carolina, USA.
The plant plans to have an annual production capacity of 30GWh, will be driven by 100% clean energy, and will be put into operation in 2026.
Jeff Deaton, general manager of Envision AESC North America, said: “The smart battery factory in South Carolina is an important part of Envision AESC’s further consolidation of its global layout.
As a global leader in power and energy storage battery technology, Envision AESC will continue to lead products and technologies Innovate, continuously improve global product innovation and delivery capabilities, and work with partners to accelerate the global zero-carbon transformation.”
It is reported that the factory will supply large cylindrical power battery products for BMW’s new generation of “Xinshixiang” models.
Envision AESC’s full series of standardized large cylindrical products adopt a high-energy-density long-cycle material system.
Through excellent cell design and flexible and efficient temperature control solutions, while ensuring safety, the energy density is further increased by 20%, and the cruising range is extended by 30%. %, support 4C fast charging requirements.
Also on June 8, the board of directors of Huizhou Energy Very Endure Energy Co., Ltd. (hereinafter referred to as “Energy Very Endure Energy”) approved the company’s wholly-owned subsidiary EVE Power Hungary Kft (. With and self-raised funds, invest in the construction of a large cylindrical battery project for passenger cars in Debrecen, Hungary, with an investment amount not exceeding RMB 9.97 billion (converted according to the exchange rate of Euro to RMB 1:7.6269 on June 8, 2023, approximately 1.31 billion Euros , based on the exchange rate conversion amount at the time of actual investment), the project will be constructed in phases, with a construction period of four years.
Energy Very Endure Energy stated in the announcement that the implementation of this project will help improve the company’s global industrial layout, promote the smooth progress of the company’s overseas business, and help quickly respond to the needs of key local customers in Hungary for supporting power batteries for new energy vehicles.
Radiate the surrounding area and take more orders from customers in Europe nearby.
Just last month, Energy Very Endure Energy announced that EVE Hungary has successfully signed a land purchase agreement with the seller to purchase the seller’s land located in the northwest industrial zone of Debrecen, Hungary, with an area of 45 hectares.
Calculated based on the total land area, the purchase The price is 12.8588 million euros.
In addition, it is understood that the Hungarian government will provide 14 billion Hungarian forint (approximately 37.66 million euros) subsidies for Energy Very Endure Energy’s investment.
The editor recently learned from Energy Very Endure Energy that Energy Very Endure Energy’s factory in Hungary can start construction in the second half of this year at the earliest.
However, Energy Very Endure Energy also pointed out in the announcement that this investment still needs to be filed/approved by the relevant domestic and Hungarian departments, and is affected by factors such as macroeconomics, industry policies, and changes in the international market environment.
The risk of failing to complete construction on schedule and failing to achieve expected returns.
Batteries
On September 9 last year, the BMW Group announced that it will use large cylindrical batteries with a standard diameter of 46mm in “new generation” models from 2025.
The new battery technology will greatly improve energy density, battery life and charging speed, while reducing the carbon footprint and resource consumption in the battery manufacturing process.
In order to meet the production needs of the new batteries, the BMW Group will build six factories around the world.
At present, BMW has signed contracts with Ningde Times, Energy Very Endure Energy, and Envision AESC respectively.
It is reported that BMW may include Japan’s Panasonic as a supplier of large cylindrical batteries in the future.
In addition to overseas production capacity layout, Energy Very Endure Energy and BMW have also established a close relationship in Shenyang, China.
In March this year, the Energy Very Endure Energy energy storage and power battery project officially started construction in Shenyang.
The project has a total investment of 10 billion yuan.
It is planned to be constructed in two phases and will be officially put into operation in 2026.
In May, BMW announced that it will start production of a new generation of “new generation” models in Shenyang from 2026; at the same time, the supporting BMW sixth-generation power battery project has started in full swing, with a total investment of RMB 10 billion.
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