Recently, the fifth SVOLT Battery Day opened in Chengdu. Since the first session, Honeycomb Battery Day has become an industry event that has attracted much attention in the industry to release new technologies and new prospects. At this Battery Day, Honeycomb Battery was also "full of solid goods", releasing a number of new products, opening up and seizing new categories of power battery demand in the new energy vehicle market, and continuing to enhance its industry status and influence.
In his speech, Yang Hongxin, Chairman and CEO of SVOLT, repeatedly mentioned the corporate strategy of "entering a narrow gate and taking a long road", which is also a true reflection of SVOLT's rapid development. After experiencing remarkable achievements in 2024, SVOLT has the confidence and strength to move towards a more ambitious goal.
"Entering the narrow gate", many new products have become market potential stocks
Facing the continuous involution of the global new energy vehicle market, SVOLT is looking for new growth points in the new energy market segment. According to institutional forecasts, the market share of new energy vehicles in the auto market will exceed 50% next year, and the new energy off-road SUV category will have great growth potential.
The reason why off-road SUVs are still dominated by fuel vehicles is partly due to the complex off-road vehicle environment and more stringent requirements for vehicle chassis, which have higher requirements for the safety and output power of the batteries arranged in the chassis. Relying on its own technical research strength, SVOLT has developed its first off-road battery product - the world's largest 59 kWh 800V hybrid battery. The new product has the advantages of ultra-high safety, ultra-high weather resistance, and high power in the full temperature range. In terms of safety, the battery adopts a fortress structure design and new process materials, which greatly improves the collision protection level and thermal safety standards of the battery pack.
In terms of power output and weather resistance, the SVOLT off-road battery has achieved a breakthrough in an ultra-wide temperature adaptability range of -43°C to 60°C, and through the industry's first dual-medium integrated cold plate technology and other efficient active heat dissipation technologies, the battery temperature is kept within the optimal power output range. In addition, the battery has a pulse discharge power of 5C in an extremely cold environment of -20°C, demonstrating strong reliability and power in extreme climates.
Through investigation, it is found that consumers have higher and higher requirements for the charging time and battery life of new energy vehicles. With its own strong technical strength, SVOLT has successfully upgraded the third-generation short blade battery cell and launched the new Fengxing Short Blade Battery. With a 6C charging rate and an energy density of 185Wh/kg, it only takes 8.5 minutes to achieve 10%-80% SOC charging. The charging efficiency of the last 10% of the battery is also significantly higher than other batteries. At the same time, the Fengxing Short Blade Battery has an ultra-long service life of 15 years and 600,000 kilometers.
In addition, SVOLT also released long-distance batteries, including long-life version, fast-charge version and commercial and passenger hybrid batteries. Among them, the long-life version has a single pack of 95.7kWh, a 3C charging rate, and an 8-year/1.5 million-kilometer warranty. The fast-charge version has a single pack of 91.4kWh, a more efficient 4C charging rate, and can complete SOC charging from 10% to 80% in 14 minutes. And commercial and passenger shared hybrid battery pack products, with a single pack of 13 kWh, a peak discharge power of 360kW, and a system cycle life of up to 350,000 times. All commercial vehicle new energy upgrades are available in one fell swoop.
"Going the long way", production technology and products are going in both directions
In 2024, the automotive industry is involuted, and from the main engine factory to the industrial chain end, they are facing high pressure of market competition, and the market share has generally declined. SVOLT delivered a good result in 2024. Among them, SVOLT short knife batteries delivered more than 270,000 sets in 2024, and the monthly shipments of thermal composite short knife batteries exceeded 50,000 sets in December, setting a record for the highest monthly record, which has driven SVOLT's installed capacity in the past two months to continue to rank among the top five in the country.
From January to November, SVOLT delivered 116,097 vehicles to overseas customers, totaling 5.8GWh, accounting for 27% of overseas shipments. SVOLT's advantages in the market segment are gradually becoming more prominent. In the PHEV market, SVOLT is equipped with Geely Galaxy, Lantu, Raptors, Tank, Blue Mountain, Haval and other popular hybrid models. On January 8 this year, SVOLT ushered in a new milestone when the 1 millionth battery pack was officially rolled off the production line at the Chengdu base. The product delivery volume has maintained a continuous growth trend, which further demonstrates SVOLT's strong delivery capabilities.
Compared with other battery energy companies, SVOLT has strong strength in both products and production. In terms of production efficiency, SVOLT's thermal composite flying stacking technology can stack 8 sheets at a time, which is a significant improvement over traditional stacking technology, and its efficiency and cost are close to or even exceed winding technology. At the same time, the third-generation advanced battery production line, in addition to using its world-first flying stacking thermal composite technology, also gathers a number of advanced production process technologies such as laser direct welding. It has many advantages such as high integration, simplified processes, and full-process defect detection, and is in an industry-leading position. These all guarantee SVOLT's delivery capabilities in terms of manufacturing efficiency and product quality.
Facing the risk of continued global economic downturn and the industry's status quo of continuous involution in 2025, SVOLT released a category innovation strategy to break the industry's involution, focusing on hybrid and short-blade products, and consolidating its advantage of being the world's number one in off-road and short-blade shipments. The battery production line will also be further upgraded to version 3.5, and production and products will work together to create a bright "long road" for SVOLT.
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