On the road to high energy density lithium-ion battery research and development, BAK Battery, a leading cylindrical battery company, is running ahead.

On September 16, BAK Battery and CadenzaInnovation, a U.S. new energy innovation company that won the World Economic Forum (WEF) Technology Pioneer Award, held a strategic cooperation signing ceremony in Beijing, where they will cooperate to produce higher safety, lower cost and higher energy density "super lithium-ion batteries" and modules. The two companies will cooperate to produce higher safety, lower cost and higher energy density "super lithium-ion batteries" and modules, and promote the global industrialization of the new products, continuously improve the technology and quality of lithium batteries, and promote the continuous innovation of the industry.

According to the agreement, both parties will optimize CadenzaInnovation's new lithium-ion packaging technology and work globally by their respective project teams established in the U.S. and China. BAK Battery's production line for "super batteries" and modules has already started construction in Zhengzhou BAK Industrial Park and is expected to achieve mass production next year.

As a representative of domestic cylindrical battery companies, BAK Battery continues to make breakthroughs in the field of energy density of cylindrical batteries. The company's current mass-produced ternary 18650-2.75Ah battery cell products have a specific energy of 232Wh/Kg, providing a maximum range of 500km for electric vehicles.

In May this year, BAK Battery officially announced its 18650-3.0Ah high specific energy core product, sourcing high nickel cathode + silicon carbon cathode material system, with a single specific energy of 250wh/kg, which can achieve 500km ultra-long range.

GaoGong LiDong learned that, at present, 3.0Ah18650 cores have been mass produced in Zhengzhou BAK Industrial Park, with an output of 6.5GWh and a daily output of 2 million pieces, which have been put into market application. BAK has also signed a purchase contract with zero-run auto for 18650-3.0Ah battery cells with tens of millions of RMB, and has realized bulk supply.

Dr. Luo Zhaojun, Chief Engineer and Assistant Chairman of BAK Battery, said, "BAK's 18650 cells have obvious advantages over Japanese and Korean suppliers in terms of available capacity and cycle life, and will launch 3.2Ah 18650 cells, 4.5Ah and 4.8Ah 21700 cells this year. and 50Ah products."

In the subsidy amount and energy density directly linked to the use of the current power lithium-ion battery companies are in various ways to improve the energy density of its power lithium-ion batteries, supporting the host manufacturers to enhance the new models into the recommended directory to obtain more subsidies. BAK battery, with its advantages in energy density and product safety, has been increasing its market share in the field of power lithium-ion batteries.

According to GGII statistics, the total installed power lithium-ion battery in China in August 2018 was about 4.17 GWh, up 44% year-on-year. The top ten power lithium-ion battery companies in terms of total installed power are about 90% together, further increasing the concentration.

Among them, BAK Battery ranked 7th in the total installed electricity of domestic power lithium-ion batteries in August and January-August with installed electricity of 110,186kwh and 578,320kwh respectively, important for ternary batteries, becoming the battery company with the highest market share of domestic cylindrical batteries.

Since 2018, BAK battery has been a batch supply of power lithium-ion batteries for more than a dozen host plants such as Jiangnan Automobile, Haima Automobile, Jianghuai Automobile, Nanjing Automobile, Yundu New Energy, Dongfeng Automobile, Southeast Automobile, SAIC-GM-Wuling, Chengdu Dayun. With the arrival of the peak season of the new energy vehicle market in the second half of the year and the launch of a number of new models with medium range, BAK Battery's power lithium-ion battery shipments and installed power will achieve further increases.