Tesla, GM, Volkswagen: develop their own battery technology and capacity
At present, for many car manufacturers, electric vehicle battery supply is still dominated by electronic and chemical companies. However, as global regulators vigorously promote the transformation of electric vehicles, car manufacturers are worried that factories producing high-quality batteries may have limited capacity in the face of huge demand.
Take Tesla as an example. At present, the main external battery suppliers of Tesla include Panasonic, LG Chemical and Ningde times. Among them, Panasonic is a long-term battery partner of Tesla. The Nevada super factory operated by both sides is the largest lithium-ion battery factory in the world.
By working with dedicated battery suppliers, Tesla hopes to reduce the manufacturing and logistics costs of electric vehicles. As one of the most expensive components of electric vehicles, batteries account for a quarter to one-third of the value of vehicles. Reducing the cost of batteries is also the key to profit for electric vehicles.
Tesla CEO musk also said last month that while continuing to buy batteries from Panasonic and other suppliers, it was also developing its own battery production technology to ensure that it could meet its demand for car production capacity and further improve its independent production capacity.
Previously, the company announced that it would invest nearly $3 million a year to build a 300 million square foot battery plant in Ohio, which will also meet its target of supplying several hundred million U.S. automobile batteries.
In Europe, VW has taken a similar approach, investing about $1 billion in Swedish battery start-up northvoltab, part of which is used to build a battery manufacturing plant in Salzgitter, Germany.
Ken Morris, vice president of GMs electric vehicle business, said the risk of relying on suppliers to make their own batteries and introducing manufacturing into the company would give the company more control over the purchase of raw materials and battery chemistry.
You have to be able to control your own destiny.
As Morris pointed out, there must be uncontrollable risks in completely relying on suppliers. For example, Ford and Volkswagen have reached an agreement with SK innovation of South Korea on the supply of batteries for future electric vehicles, and the company is building a plant in Georgia to help meet this demand. But recent legal filings from Ford and Volkswagen show that the battle over trade secrets has endangered the future of the plant and could affect the launch of new models.
Even in the joint venture, he can not guarantee the timely supply of batteries. Once a breakthrough is made in technology, there will be a risk.
Hau Thai Tang, on the other hand, believes that when dealing with multiple suppliers, suppliers will face competitive pressure and lower prices. At the same time, Ford can leave the capital intensive tasks of R & D and capacity building to battery suppliers, which can effectively reduce costs. Daimler has tried to participate in the production of its own lithium-ion battery through a subsidiary before 2015. But olakallenius, Daimlers CEO, said the money would be better spent elsewhere. Wed rather invest that money in what we do best - cars. As a result, Daimler signed long-term supply agreements with Ningde times and Funeng Technology (Ganzhou), which it invested in last year. The company said it would sign a supply agreement for about $23.6 billion, but would continue battery research within the company. Source: Wall Street news editor in charge: Zhong Qiming_ NF5619
Daimler has tried to participate in the production of its own lithium-ion battery through a subsidiary before 2015. But olakallenius, Daimlers CEO, said the money would be better spent elsewhere.
Wed rather invest that money in what we do best - cars.
The company said it would sign a supply agreement for about $23.6 billion, but would continue battery research within the company.