my battery

Address the technical bottleneck of new energy vehicles, "battery" for the

Impure oil, car running up big breath; battery flaw, not to force the natural electric vehicles.

This is China's new energy vehicles hidden lies. Although the capital market speculation a hot, VGP-BPS5 although the policy level to support a good thing, but the technical aspects of the problem is "back to square one" - not to force the battery technology, electric cars do not call.

June 13, will return to A shares of BYD Lujiazui in Shanghai A-share market finished the second leg of inquiry roadshow. According to the prospectus, to be issued 7900 shares of BYD, raising 2.192 billion yuan, invest in lithium-ion battery production projects, automotive production base in R & D projects, expand the variety and auto parts projects. BYD chairman Wang told the media that the current BYD electric cars layout has been completed, ready to enter the commercial. Concentration in the media reports in from time to time to find the "return of A shares BYD off a new energy vehicles," like the comments, but Wang's statements, more than 1,000 automotive battery research and development team is the key.

Prior to this, waiting for final approval of the national "energy-saving and new energy vehicle development plan" has released a positive policy signals. According to the plan content, new energy vehicles in 2020 China sales to reach 5 million total size, the main technical line also insisted electric; more active fiscal policy, beginning this year the next 10 years,laptop battery the central government will invest 1000 billion to build the new energy automotive industry chain.

In sharp contrast, domestic production of new energy vehicles has been unable to successfully "Guadang." BYD's prospectus revealed: Group February 2009 sales F3DM, in March 2010 to start selling two new energy vehicles E6. F3DM were sold during the reporting period 365, the sales income of 29.44 million yuan; E6 were sold during the reporting period 53, the sales income of 13.376 million yuan. In the international market, the new energy vehicles on behalf of Wal-blue Chevrolet VOLT and Nissan hear the wind will be looking eyeing the Chinese market, especially in the VOLT production and sales this year will exceed 10,000.

Size of the market outlook is certainly gratifying, but that is the future; to address bottlenecks in the pragmatic expectations of more worth, because that decision to the future.

Car and battery:

A cautious love

"We are BYD's catch-up." June 13, VGP-BPS8 Shenzhen Shan Chen Mingjun such a statement, Chairman of wood battery business location. Chen Mingjun just completed moving the enterprise, the new plant in Kengzi BYD headquarters only a few minutes away from the car. And different from the original plant is well-known photograph of the industry has not put up posters, banners content is ten words: catch BYD, mountain wood-iron battery. The courage to shout "catch-up BYD" slogan, Chen Mingjun nature has its own lung power, because the mountain of wood is the first realization of lithium iron phosphate industry vendors. Been in the industry referred to as the "iron cell" lithium iron phosphate batteries, now being treated as a new mainstream car battery energy, whether it is still common VOLT BYD F3DM, iron battery is a power core.

"This is a cautious love." In the Chenming Jun view, the new energy automotive battery technology was initially a question of how to select the "girlfriend" in the process.

"Traditional battery durable, but can only open a fifty or sixty kilometers; battery life although theoretically 300-400 km, but the odds will be a slight change in the environment, and even temper; iron batteries can go 250 km, and greatly enhance safety performance. "Chenming Jun-point energy in a new car battery to measure the three factors: VGP-BPS9 efficiency, cost and safety.

Let the car run, the traditional batteries can do the same, but the efficiency is far inferior to the greater problem lies in the traditional lead-acid batteries are big polluters. As to the application on the phone and a laptop lithium batteries, have superior efficiency, but the ability to adapt is a short board, not to mention unable to withstand the impact of high current requirements for motor vehicles, sometimes for the temperature requirements are very demanding. Chenming Jun-called "odds" is not extreme, the worst of the "angry" is actually an explosion. The salient features of iron battery is safe and strong stability. As for health, scrap iron batteries can be directly poured into the flower beds, use as a plant fertilizer.

Selecting the right of the "girlfriend" to determine the direction of R & D, this love is facing cautiously "ownership dispute."

Experienced battery experts, Professor of Chemistry, Tsinghua University Qiu Xinping interview pointed out, the order of Chinese electric vehicle research and development compared with other countries, is taking a "reverse" way. Is based on the battery needs to make cars, or the need to produce according to car battery? Different choices produce different results. We choose to car-centric, direct way is to fuel the engine removed, then the motor, batteries installed in,Sony PCG-R505 battery literally the way to the battery size is difficult to unity, which was originally scheduled for the second half of last year, the introduction of standards for electric vehicle batteries later not show up late.

Chenming Jun explanation more specific: "Take my own batteries, the design is able to run at least 3 years, but the actual result was only a year and a half or so, this is not the battery itself has a problem, but matching the the problem, after all, the battery does not mean electric vehicles. "matching problem has a practical example. April 11, Hangzhou, spontaneous combustion Thai taxi accident. Identification has officially released the report, leading to spontaneous combustion due to the repeated use of the battery after the emergence of battery leakage, insulation damage, and local short-circuit, but it does not identify single battery design, manufacturing quality problems.

Responsibilities and benefits:

Battery can not shirk

BYD, Chen Mingjun "catch up" more of a recognition.

New plant moved mountains of wood, production capacity from 100,000 per day when the expansion to 150,000 security security, this means that the daily production of 4.8 million kWh; use another algorithm, according to an electric bus to install 40,000 security when the battery per day for four new energy to power the bus. "Our sales have exceeded billion, Sony PCG-V505 battery which is the first in the battery field camp." Chen Mingjun not forget to mention BYD: "In the eyes of the public, BYD is repairer; in our eyes where, BYD is making the battery. "

BYD's prospectus shows that in 2010 achieved revenues of 48.448 billion yuan, of which automotive business achieved operating income of 22.646 billion yuan, but the new energy vehicles in the automotive revenue income is less than a fraction. BYD gives the lead underwriter UBS Securities report optimistic forecasts, E6 2011 sales revenue 769 million yuan will be, F3DM sales income of 385 million yuan, sales income of electric buses 1.197 billion yuan . But sales of more than 2 billion is expected by many analysts believe the securities have greater risk.

"BYD is a pioneer in the past we have been martyrs concern now seems to become martyrs to reduce the risk of being a step by step." Chenming Jun bluntly, do electric cars, BYD cars on the school, the profitability of the traditional car and experience to support new energy vehicles. In the individual presentation, the BYD electric vehicle is the "vertical integration strategy", industrial layout is the upstream to downstream, more straightforward explanation: "This is an innovative industry needed a company to build a complete industrial chain . "

"This new energy vehicle development is essential, although we say that the battery is the key, but the lack of a complete chain of testing and support, a monologue of battery research and development will always be trapped in the matching problem." Chenming Jun said, "Sony PCG-Z505 battery This is more than Yadi's success, as it can in a business where timely feedback on the entire chain of problems. "

In addition to technical considerations, the repairer is a considerable part of the impulse to economic reasons. For new energy vehicles, the most to the power of incentives is a car allowance. Take BYD F3DM, for example, is with the national level and local government subsidies for the double, the final price of 10 million to control within the E6 is the highest you can enjoy the $ 120,000 subsidy. Get the subsidies, consumers, industry, no doubt, the biggest beneficiaries of the chain auto plant, upstream of the battery, motor and electronic control and there is no direct profit. "I also want to build cars, because the industry, only the car can make money, battery earn money." Chen Mingjun very direct.

"Catch up BYD, a slogan, but it does not mean no chance." Eyes in the Chenming Jun battery is an opportunity.

The first opportunity is the cost. While many enjoy the subsidies, the price of new energy vehicles still do not discuss the Chinese consumer's favor. Take a firm foothold in Europe and the Toyota Prius is, ten million of the hybrid device has been repeatedly let the Chinese car buyers to consider. Then the thunder of the Chevrolet VOLT Masamori Wal-blue for more than $ 40,000 price to buy a Cadillac, and price of the car's battery pack more than $ 10,000.

The second opportunity is stability. Frequent battery charge and discharge will affect their life is a lot of people worry about. Last July, Toshiba PA2487U Battery the Chevrolet Volt start to the lithium-ion battery provides 8 years / 160,000 km warranty, which is considered an important factor in the market surge in demand. The BYD's battery quality, Wang said the road show in the message is: "At present, the use of E6 battery slow charge, then shelf life of five years, no problem, in fact, use up to 10 years. The fast charge mode , battery life still evaluating them. "

A widely cited data is that two-thirds of the cost of electric vehicles in the battery to the existing battery quality, the two or three years for the battery, the use of high cost, simply can not promote. However, if the battery life is 15 years, each share of the cost down a lot less.

Foam and opportunities:

Who in the feast the last laugh

This is a very happy moment, but also make people sad moment.

Over the past three years, Chen Mingjun can enumerate the industry support policies continue to be introduced, you can also enumerate a number of companies competing to put more investment ideas can be enumerated the achievements of one amazing story. "Happy is that their companies received venture capital, which also benefited from Buffett's BYD favor; sad thing is that now the carnival is a bubble of new energy R & D means that the foundation is not cold stable. "Chenming Jun 2008 years of corporate venture capital received 20 million, almost in the same time, Buffett's stake in BYD.

Although the Beijing Olympics, Toshiba PA3107U-1BRS Battery Shanghai World Expo has been held up quite well, although the United States took over the International Prius modification orders, but now the Chenming Jun, but it has a "fear" feeling. Media references to the Investment Adviser's report, in 2009 the number of domestic companies added about 1,500 lithium batteries, but only active on the market more than 100. The "Lithium" traveled the world market rhetoric, can not conceal the reality that pays top academics.

Wang Binggang the China Automotive Technology and Research Center, Professor of Engineering, the National Clean Vehicle Action Coordination Leading Group Expert Group, Ministry of Science 863 major science and technology of electric vehicles Distinguished experts. Last October he wrote in a blog: "China ushered in the new energy vehicle development boom, this situation, some speculators will definitely not miss, hope you encounter some of the obvious over the invention of boasting news, do not easy to believe, not without investigation and consult the relevant scientists, took the money get to them and I know the situation is now experiencing the greatest difficulty is the battery safety issues, in the laboratory can make some of the high specific energy battery materials, may also be put on a higher energy than batteries, but because of security are not sure, hard to practical application. any kind of battery technology, assessment without rigorous testing, the loading is very dangerous to use We do not anxious to make some of the stupid. "

"For some analogy, a 120AH battery, and only of A4 paper size, 20 cm thick, but on the technical difficulty, and the construction of a one hundred meters tall, but similar." Chenming Jun said with a smile: "engage in large-scale production, business Now not a day into tens of millions of skyscrapers. that the laboratory findings are true, Toshiba PA3383U-1BRS Battery but the hothouse flowers can not afford the test of nature. "new energy vehicles in the motor, electronic control system developed by the Shenzhen Central Power General Manager Luo column interview bluntly: "It is full of irresponsible flicker. even if it is false, as long as it is, big on the scale on the line. but in the long run, do not do the battery, the electric car is empty talk."