GAC Group issued an announcement in response to controversial issues regarding graphene batteries
Guangzhou Automobile Group issued an announcement in response to controversial issues that continue to arise from batteries.
On January 15, 2021, GAC Aion New Energy Automobile Co., Ltd., a wholly-owned subsidiary of GAC Group, released a poster with the main content of 'GAC Asafe New Power Battery Technology'. At the China Electric Vehicle Hundreds Conference on January 16, the company's management introduced the development of GAC battery technology. Follow-up related media reported on this and raised some questions about related battery technology. In order to eliminate market misunderstandings, the company hereby explains.
The announcement explains the relevant situation as follows——
1. Graphene-based super fast rechargeable batteries and long-life silicon anode batteries are two different technologies, which solve the differences in the two power battery applications of 'slow charging speed' and 'short cruising range'. Pain points.
2. On July 28, 2020, the company held the 2020 GAC TECH DAY 2020 (GAC TECH DAY 2020) event with the theme of 'Sense·Creating the Future' in an online format, and publicly released the GPMA architecture and The latest technology and achievements of the company, such as the exclusive platform of GEP pure electricity, 3DG graphene preparation technology, and long-life silicon anode battery technology. It also mentioned that the graphene-based super fast charging battery will be mass-produced by the end of 2020.
On September 7, 2020, the company, the graphene technical team of GAC Research Institute and GAC Capital Co., Ltd. jointly established a technology innovation company, Guangzhou Juwan Technology Research Co., Ltd., to promote graphene-based super fast charging battery technology as planned Ru0026D and industrialization.
3. At present, the company's graphene-based super fast rechargeable battery has entered the actual vehicle test stage as planned, and it is expected to be installed on the existing AION V model for the first time this year.
Graphene-based super fast charge battery has 6C fast charge capability, combined with 600A high-power overcharge equipment, can charge 80% in 8 minutes at the fastest; the overall battery cell cost is higher than the cost of conventional power batteries in the current market 5-8%. However, the popularity of this technology depends on the release of the national super fast charging standards and the progress of the construction of high-power super charging equipment, and the market demand is uncertain.
4. At present, the company's silicon anode battery has entered the actual vehicle test stage as planned, and it is expected to be installed on the existing AION LX model for the first time this year.
The company is advancing the research and development of silicon anode batteries with independent intellectual property rights as planned, which can achieve a comprehensive endurance (NEDC) of up to 1,000 kilometers. However, the popularity of this technology is affected by the total cost of batteries and consumer acceptance, and market demand is uncertain.
Finance.com Auto noticed that GAC Group had a daily limit on A shares today. The closing price was 13.2 yuan per share, an increase of 0.68 yuan, an increase of 5.43%, and the trading volume exceeded RMB 3 billion.
