▲ Picture source Sunwoda, the same below

Sunwoda Chairman Wang Wei said in his speech that Power-x has very professional knowledge and rich experience in energy storage technology, and Sunwoda Power has innate advantages in battery technology and market channels. The cooperation between the two parties will provide The global energy storage industry brings more technological innovation and industrial value. Power-x senior representatives said that the efforts and cooperation between the two parties will involve multiple fields such as research and development, manufacturing and marketing, and will help accelerate the transformation of global energy.

In addition, Sunwoda also displayed products and technologies such as large cylindrical batteries, solid-state batteries, and low-temperature sodium-ion batteries during this auto show, as well as the world’s first ultra-fast charging battery – flash charging battery, which can charge to 80% battery capacity and supports 1,000 kilometers of battery life.

Sunwoda announced in August this year that Sunwoda Power Technology Co., Ltd., through its subsidiary Hungarian Sunwoda Power Technology Co., Ltd., would invest approximately 1.9 billion yuan locally to build new energy vehicles. The first phase of the power plant is mainly engaged in the manufacturing and sales of lithium-ion batteries and power battery systems.

Power-x built Japan’s largest battery factory at the end of last year. It is planned to be completed in October 2023 and officially put into production around the spring of 2024. The plant is expected to have a maximum annual output of 5GWh, equivalent to the electricity consumption of approximately 450,000 households in Japan for a day.

▲Image source Power-x

PowerX was founded in March 2021 with an eye on making high-capacity and affordable batteries. President Masahiro Ito also mentioned the development and manufacturing projects of pure electric vehicle (EV) charging stations and power ships.

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According to reports, the Hungarian project is Sunwoda’s first self-owned production base in Europe, and it is also the third overseas factory that Sunwoda opened a global layout in New Delhi, India in 2017.

Sunwoda said that Hungary has become the first choice for Sunwoda’s European self-owned factories, mainly because Hungary’s automobile industry has a long history of development, and a large number of complete vehicle companies have gathered. To quickly respond to customer needs and complete localized production.

Secondly, in 2022, the EU reached an agreement on the plan of “zero carbon dioxide emissions for all passenger cars and light commercial vehicles on sale in the EU market from 2035”. Hungary responded positively and actively promoted the transformation of the automobile manufacturing industry to electrification. Coupled with the deepening economic and trade relations between China and Hungary in recent years, it has provided a natural investment environment for the construction of Sunwoda’s Hungarian factory.

It was previously reported that CATL, the world’s largest battery manufacturer, is also building a battery factory worth 7.3 billion euros in Hungary after the company established its first European production base in Germany. Yiwei Lithium Energy also announced in June that it will invest 9.97 billion CNY to build a factory in Hungary to produce large cylindrical batteries.

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It is learned from Sunwoda’s official public account that at the 20th Shanghai International Automobile Industry Exhibition, Sunwoda Power brought the latest research and development results of “Flash Charger” “Battery” debut, and held the “Flash Charge Battery” new product mass production conference and the world’s first ultra-fast charging power battery mass production conference.

▲ Picture: Sunwoda Power released mass production of flash charging batteries

According to the official introduction, this power battery has the characteristics of ultra-fast charging, high safety, and extreme durability. It supports electric vehicles with an easy range of 1,000 kilometers. It can be charged from 20% to 80% SOC in 10 minutes, making charging as fast as refueling.

At the press conference, Sunwoda Power also signed a supercharging project signing ceremony with Weirui Electric Vehicle (Ningbo) Co., Ltd., a subsidiary of JK Motors. The two parties will carry out in-depth cooperation in ultra-fast charging batteries.

Sunwoda said that with the launch of “flash charging batteries” and other series of products and solutions, Sunwoda Power will continue to invest a lot of scientific research to develop batteries and battery modules with high energy density and fast charging performance. The energy density covers 280Wh/kg to 350Wh/kg; it realizes various application scenarios of 10/15/20/30 minutes fast charging; and easily meets the market demand of new energy vehicles with a cruising range of more than 1,000 kilometers.

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When it came In addition, the development of solid-state battery products is progressing normally, and the subsequent mass production will be carried out according to customer demand.

In response to the falling price of lithium carbonate, Sunwoda pointed out that the falling price of lithium carbonate is beneficial to the company’s cost control on the raw material side and enhances the company’s profitability. However, the overall profitability of the company not only depends on the control of the cost side but also takes into account the prosperity of the end market and competitors and other factors.

The data published by Sunwoda that as of the first half of 2022, Sunwoda’s power battery production capacity is about 25GWh, and the power battery self-supply rate is 100%.

The post Sunwoda to invest in 20GWh power battery and energy storage battery production base appeared first on TechGoing.

An investor asked a question in the investor interactive platform: Hello, Secretary! How much mileage can the company’s power lithium battery travel at present, and what is the extent of the company’s solid-state lithium battery research?

SUNWODA said in the investor interactive platform that the company has already mass-produced high energy density battery cells with a range of 800 km or more, but it may vary slightly according to the customer’s project demand and pack design. The advanced solid-state battery technologies that the company has/reserves include high nickel cathode and silicon-based cathode/lithium metal cathode sulfide all-solid-state batteries and new lithium-sulfur solid-state battery technologies.

According to SUNWODA, the company’s power battery production capacity is about 25GWh as of the first half of this year. The company’s capacity planning and expansion speed are at the average level of the industry, and the company will build capacity in accordance with the customer’s order demand and market situation. In terms of technology, the company’s current power battery technology path is mainly square ternary batteries and square lithium iron phosphate batteries, in addition, the company also has a layout in different technology paths such as sodium ion batteries and solid-state batteries.

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In terms of the layout of electric ships, Sunwoda said that the company currently has the technology of power batteries for unmanned boats, inland river cruise ships, catamaran cruise ships, yachts, ferry boats, etc. Among them, the power batteries for unmanned boats and inland river cruise ships have been supplied in batches.

When talking about the layout of solid-state batteries, Sunwoda pointed out that the advanced solid-state battery technologies that the company currently possesses/reserves include: sulfide all-solid-state batteries with high-nickel positive electrodes and silicon-based negative electrodes/lithium metal negative electrodes and new lithium-sulfur solid-state batteries.

Sunwoda said that in terms of production capacity, the company’s power battery production capacity as of the first half of this year is about 25GWh. The company’s production capacity planning and production expansion speed are at the average level in the same industry, and the company will build production capacity based on customer order needs and market conditions. In terms of technology, the company’s current power battery technology path is mainly square ternary batteries and square lithium iron phosphate batteries. In addition, the company also has layouts in different technology paths such as sodium-ion batteries and solid-state batteries.

The post Sunwoda: The company’s sodium-ion battery samples have been tested and verified appeared first on TechGoing.

Volvo Cars are one of the world’s major automobile manufacturing companies, and this time Sunwoda has become one of Volvo Cars’ power battery product suppliers.

Sunwoda previously stated on the investor interaction platform that the company has a full order for power batteries, and the company has begun to build corresponding production lines based on customer order needs and market conditions to meet customer needs.

According to the data on the installed volume of domestic power battery companies in October 2022 released by the China Automotive Power Battery Industry Innovation Alliance, Sunwoda ranked fifth with an installed volume of 5.50GWh and a domestic market share of 2.45%.

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