Zhuhai Yinlong is unhappy with the development of the passenger car market, and is desperate to move to the passenger car market or even more difficult

[Zhuhai Yinlong's unsatisfactory development in the passenger car market, and it may be difficult to move to the passenger car market] Recently, there are reports that Zhuhai Yinlong is not optimistic about the development of passenger cars because of unsatisfactory development in the passenger car market. After all, lithium titanate batteries developed by them have a problem of low energy density. Passenger cars have much smaller space than passenger cars, and they need more power batteries with higher energy density.

Zhuhai Yinlong's unsatisfactory development in the bus market

Zhuhai Yinlong has made rapid progress after investing in Dongmingzhu, chairman of Gree Electric Appliances. It has built several industrial parks globally and put forward the goal of 30,000 bus sales and 30 billion revenues in 2017. However, 2017 data Show it did not reach this goal.

In 2017, the sales volume of China's new energy auto market was 86,767 units, a year-on-year decrease of 24.41%. Under the circumstances of a poor overall environment, the performance of auto companies was not satisfactory. Eight of the top ten new energy bus companies appeared. In the downturn, only the fifth-generation CRRC era and Zhuhai Yinlong achieved growth, with year-on-year growth rates of 41.3% and 14.3%, respectively.

It can be seen that Yinlong in Zhuhai lags behind the China Motors Corporation in terms of growth rate, and the sales volume of Zhengzhou Yutong, which has the largest shipment in the new energy bus industry, is only 25441. Zhuhai Yinlong can hardly achieve the sales target of 30,000 new energy buses. Achieve that the new energy bus market can not achieve its goal so that it began to shift to the new energy passenger car market.

Zhuhai UnionPay is not easy to nugget in the new energy passenger car market

The Chinese market has been the world's largest market for new energy passenger vehicles for three consecutive years, and the market for new energy passenger vehicles has witnessed rapid growth. In 2017, the sales of new energy passenger vehicles in the Chinese market reached 578,000, a year-on-year increase of 72. %, compared to the decline in the new energy bus market can be described as two heavy fire, and new energy passenger vehicle sales is 6.7 times the sales of new energy bus, the market capacity is much larger than the passenger car, so it is no wonder that Zhuhai Yinlong see new Energy passenger car market.

From the data in 2017, several auto companies ranked first in sales of new energy passenger vehicles are powerful companies. They are BYD, BAIC New Energy, SAIC Roewe, etc. Zhuhai Yinlong is a new entrant. Competing with these auto companies is not easy. Actually, in the new energy bus market, similar situations can be seen. Nowadays, Zhengzhou Yutong and Zhongtong, which occupy the top market share in the new energy passenger car market, are well-known traditional passenger car companies. BYD, which ranks among the top players in the new energy passenger and passenger vehicle market, has a powerful power battery business.

Zhuhai Yinlong’s lack of competitive battery power

The core competitiveness of Zhuhai Yinlong is its proprietary lithium titanate battery technology. This technology battery has the advantages of rapid charging and long life, but its disadvantages are also obvious, that is, the battery energy density is low, and therefore it is because of Zhuhai Yinlong. Originally, the development of new energy buses was chosen because the space for buses can be used to load larger batteries. This alleviates the low energy density of lithium titanate batteries to some extent.

For a new energy passenger car, its space is much smaller than that of a passenger car. Such a lithium titanate battery with a lower energy density will become a major problem if it is used in a small car. The current use of iron phosphate in new energy vehicles is a major problem. Lithium battery can provide cruising range of 300 to 400 kilometers or so continue to worry about its life as the main obstacle to its popularity, the use of lithium titanate battery new energy passenger cars may be more difficult to obtain the user's acceptance.

Currently, there are many kinds of power battery technologies in the world. The market uses more nickel-metal hydride batteries, lithium iron phosphate batteries, and three-element lithium batteries. The top ten power battery companies in the world use these three battery technologies. Currently, the battery companies All three lithium batteries are being developed as key technologies. The two largest power battery companies in China, Ningde Times and BYD, are rapidly expanding their ternary lithium battery capacity. Lithium titanate batteries have not been recognized by numerous batteries.

Zhuhai Yinlong's development in the new energy passenger car market is not as expected, so considering entering the new energy passenger car market is a worthwhile way out, but it's hard to believe that the natural defects in its lithium titanate battery technology exist. Its prospects in the new energy passenger vehicle market.

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