Competition for dominance.
Editor’s note: This article is from the micro-channel public number “diving atom” (ID: deepatom), Author: diving atomer.
For the public, the Ningde era is an unfamiliar enterprise, and Fujianese may use it as a propaganda slogan in Ningde City.
For the automotive industry, the reputation of CATL is equivalent to that of Kweichow Moutai. Last week, CATL became the first company with a market value of over 700 billion on the ChiNext. The highest market value was close to 770 billion, successfully surpassing PetroChina and entering the top ten A-shares. As of the close of December 28, CATL had a slight shock, reporting 316.78 yuan per share, with a total market value of 737.931 billion yuan. In the entire Shenzhen Stock Exchange, CATL was second only to Wuliangye with a market value of one trillion yuan.
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Is this the Ningde era of new energy?
In the past ten years of China’s electric vehicles, a battery company “killed” all car companies and became the most luscious fruit. The market value of the Ningde era is approximately equal to 1.4 BYD, 1.6 Weilai, and 3.4 Xiaopeng. CATL became the most expensive listed company in China’s auto industry.
As a rising star of new energy batteries, Ningde era can surpass BYD, Panasonic, and LG duo coexistence, thanks largely to the choice of technology route of Ningde era-lithium iron phosphate battery and ternary lithium battery. At the same time, it focuses on the breakthrough of ternary lithium.
In 2012, most domestic power battery companies chose the safer and more trouble-free lithium iron phosphate battery direction. The safety of the ternary lithium battery has not been absolutely recognized by the country, but it has a theoretical energy density. More space. At that time, BYD, the industry leader, did not choose the technical direction of ternary lithium batteries. After all, it was time-consuming, unknown, and unable to make money for a while.
After 2015, the safety of ternary lithium batteries has been recognized by the country, and the technology is more mature and more suitable for new energy passenger cars. The Ningde era quickly took the east wind to rise and became the boss from a dark horse.
△Ningde Times
In the same year, Yutong purchased an order of 2.629 billion yuan from Ningde Times, accounting for 46% of Ningde Times’ revenue. King Long