Talking about Microvas Power Systems (Huzhou) Co., Ltd. (hereinafter referred to as "Microvas"), this company has become a representative of fast-charging battery technology. While the industry praises its technology, it also regrets that it conflicts with the subsidy policy. Passing by. However, looking back now, this kind of miss feels like a blessing in disguise.

　　♦Only with strength can you be competitive.

　　Currently, competition in the power battery industry is fierce, industrial concentration is increasing, and changes in technical routes are also rapidly iterating. The once-famous lithium iron phosphate has taken a back seat to ternary batteries this year, while ternary batteries have also suffered from electric vehicle fires. It is highly controversial and the pressure on related companies has doubled, but these problems do not exist in front of Microcer, which has accumulated absolute strength in the field of fast-charging batteries.

　　In the past two years, Microvast's advantages in the field of fast charging have become more obvious. The energy density of its third-generation fast-charging battery MpCO has increased by 41% compared with the second generation, and it has better performance in terms of long life and safety. Performance. While Microvast is further expanding the commercial vehicle market, it is also constantly exploring new business scope, and is remarkable in the fields of passenger cars, special vehicles, and energy storage. Song Han, marketing director of Microvast, firmly believes that Microvast’s technological accumulation and corporate strength will enable it to have better competitiveness in the market after the withdrawal of subsidies in the future.

　　♦Intelligent level improves enterprise manufacturing capabilities

　　"Fast charging, long life and high safety are issues that must be solved to achieve market-oriented operation of new energy vehicles. Although these technologies may not be the focus of the current subsidy policy, they appear relatively weak in the current market competition. But in the future, when subsidies After complete withdrawal, products with these properties will definitely be more popular in the market." In Song Han's view, Microvas continues to accumulate strength in battery technology and production management capabilities, forming strong competition in the fast charging market force. Although the growth of the new energy commercial vehicle market has slowed down this year, Weihong has achieved an increase in installed capacity by relying on its strong product strength. This is the market's recognition of its fast charging technology and products.

　　Be prepared and ready for success. In the past two years, while Microvast has completed its accumulation of technology, it has also continued to improve and improve its production capacity, management, and after-sales service system. A lithium-ion power battery and system digital workshop with a total investment of 510 million yuan has been completed and put into use. This workshop, which was selected for the intelligent manufacturing application model project of the Ministry of Industry and Information Technology, integrates the development and application of a series of safe and controllable core intelligence for the lithium-ion battery production process. On the basis of manufacturing equipment and key shortcomings manufacturing equipment, a high-safety, fast-charging, and long-life power battery digital workshop will be built to form an annual production capacity of 2.5GWh of battery cells required for lithium-ion power batteries. After being put into use, it helped the company increase its production efficiency by more than 30%, reduce operating costs by more than 20%, and reduce the number of workers in a single shift from 600 to 100. Intelligent machine production has greatly improved the consistency of battery products. and reliability.

　　"It can be said that it is a cold winter for most power battery companies now. Our strategy is to accumulate strength, prepare technical reserves and market layout. We will survive the winter first and then fully exert our efforts when the real market competition comes." Song Han said, As a battery company with absolute strength in fast charging technology, diaphragm technology, and long battery life, Weihong has focused on improving the company's intelligence level and high-end manufacturing core capabilities in the past two years to accumulate strength for the future market.

　　♦Expand business scope and form more comprehensive competitiveness

　　Although it is still a cold winter, Weihong's business is still rising steadily, especially as the growth rate of new energy commercial vehicles slows down this year. Microvast has been continuously exploring overseas markets. In 2014, Microvast's fast-charging lithium batteries entered the London market. After more than a year of competition with many internationally renowned battery manufacturers, they finally won an order for 1,000 London double-decker buses. It is currently the largest electric bus in the world outside the Chinese market. Order. Since then, Microvast's fast-charging lithium batteries have entered Germany, Belgium, the Netherlands, South Korea, New Zealand and other countries, and have received unanimous praise from local operators. Currently, Microvast's fast-charging battery system products have been deployed on more than 24,000 buses in more than 160 cities in 14 countries around the world and have achieved safe operation of more than 2 billion kilometers.

　　After taking the absolute lead in the field of commercial vehicles, Microvast has not relaxed its exploration of applications in other fields. In the Singapore Port Group's port automation, high efficiency, and zero-emission transformation, Microvast successfully provided batteries for the first phase of the horizontal transportation equipment AGV (Automated Guided Vehicle) project, realizing the application of fast-charging batteries in the port.

　　"We will cooperate with Changan Automobile in fast charging of passenger cars this year. These vehicles will be mainly used for online ride-hailing and taxi services." Song Han said that the driving range of these vehicles is more than 300 kilometers. The energy density of the battery system reaches 125Wh/kg, and the power consumption per 100 kilometers under working conditions is 13.5kWh. "The key is to use fast charging technology, which can be fully charged in 20 minutes, which will fully meet the needs of online ride-hailing and taxi users." Song Han said. In addition, Microvast also has relatively mature products and applications in the field of energy storage. As early as 2014, it was rated as the world's fourth lithium-ion battery energy storage supplier by the US market research agency.

　　In response to the battery safety issue that is currently attracting much attention, Weihong has effectively guaranteed the safe operation of its products because of its high-quality products and complete after-sales service system. Currently, Microvast has established five key service stations around the world and service companies in China and the United Kingdom. In China, Microvast has established a nationwide service network with five central service areas in North China, South China, East China, Central China and Southwest China, covering 31 provinces, autonomous regions and municipalities across the country. "We have always insisted on regular testing and maintenance services to ensure that all our products can operate safely and normally." Song Han said.

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