BYD "powers" Tesla, the most hurt is the Ningde era

BYD, which is making great progress, has another victory.

Recently, Lian Yubo, executive vice president of BYD Group and dean of the Automotive Engineering Research Institute, said in an interview with CGTN: "BYD respects Tesla, and is also a good friend with Musk, and is ready to supply batteries to Tesla soon."

In fact, as early as last year, there were rumors that "Tesla is equipped with blade batteries".Now, the official "dropping the hammer" and rumors that the boots have fallen to the ground, in addition to the coincidence of the time node, the most likely to be affected is the Ningde era of "being shot while lying down".

Since the market value fell to one trillion, Ning Wang has fallen into the doubts of investors.Two days ago, it was finally back to the trillion, but the news that BYD "powered" Tesla was brought back to its original shape.

From the perspective of the Ningde era, Tesla is undoubtedly the most steadfast and important ally.According to CATL's 2021 financial report data, Tesla is CATL's largest customer, with sales as high as 13.039 billion yuan, accounting for 10% of annual sales.

Moreover, during the Shanghai epidemic, the Tesla factory and the Ningde era Lingang factory were suspended one after another, resulting in the loading of Ningde era lithium iron phosphate batteries was surpassed by BYD.In this way, it further illustrates the importance of Tesla to the Ningde era.

It is worth mentioning that in order to maintain a good cooperative relationship, CATL has signed two cooperation agreements with Tesla in recent years.

The first cooperation agreement was signed in February 2020, and CATL will supply lithium-ion power battery products to Tesla from July 2020 to June 2022.

The second cooperation, signed in June 2021, based on the first agreement, CATL will supply lithium-ion power battery products to Tesla from January 2022 to December 2025.

Therefore, if the agreement continues to take effect, there is no need to worry that the Ningde era will be kicked out by Tesla, which will lead to a significant drop in sales.But on the other hand, from the perspective of Tesla's own cake, BYD's blade battery is aimed at the lithium iron phosphate battery supplied by the Ningde era.

Tesla, knocking the mountain and shaking the tiger

Even if the Kirin battery of the Ningde era is about to be released, it is still difficult to change the fact that the cake is sliced.What's more, as far as Tesla itself is concerned, it is also very happy.After all, Tesla has been emphasizing the issue of cost reduction from the very beginning.

Tesla's simple interior style, overall die-casting device manufacturing, self-developed FSD chips, self-developed 4680 batteries, etc., are all aimed at cutting costs.So when upstream raw materials soared and battery prices rose, Musk himself jumped up in a hurry.

Although Tesla can handle Panasonic, LGNew Energy, and CATL in terms of battery supply, in the face of the general trend, Tesla can only recognize it by pinching its nose.As a result, Tesla’s operation of continuously increasing prices in the early stage appeared.

The poor will change, and the change will pass.

Of course, Tesla will not relax when it comes to the cost of power batteries.So now there are rumors that the "price increase" agreement between CATL and Tesla is still not smooth, and it is not unreasonable.

And further thinking, this time Tesla introduced BYD blade batteries, in addition to the imperative cost reduction, I am afraid there is also the idea of ​​"price reduction" in the Ningde era.

There is no other reason, or because the battery is too expensive.

Compared with the previous price adjustment of tens of thousands, the price adjustment of BYD's new energy vehicles is only a few thousand. Such a strong cost control ability is exactly what Tesla needs.Putting such a "catfish" in can completely shock the Ningde era.

On the other hand, Tesla's self-developed 4680 battery will mainly divide the cake of ternary lithium batteries supplied by Panasonic and LG New Energy.With such a two-pronged approach, it is possible to achieve a major reshuffle of Tesla's supply of its own power batteries.

It is reported that Tesla models equipped with BYD batteries have entered the C-sample testing stage, and BYD has already received Tesla's 10GWh battery order.Although it is only a quarter of the supply in the Ningde era, it is enough to show Tesla's position.

Make money without shivering.

Even if BYD is one of the domestic car companies that threatens Tesla the most, but in the face of interests, what if the two sides sit down and talk happily?

BYD, the limelight is in full swing

Although BYD has been "inviting wind" recently, the news of supplying batteries to Tesla has once again stabilized BYD's position.

As mentioned earlier, for BYD, the current time node is very special.First ,car salesare the best in the Chinese market, and there are few competitors, and then the market value has reached the top three of the world's car companies, second only to Tesla and Toyota.

Such a BYD has the meaning of Hedong in 30 years and Hexi in 30 years.

Looking back, BYD's identity is not simple. It makes cars, batteries, chips, and even OEM mobile phones. Therefore, it is difficult to define it only with the identity of a new energy car company.In fact, it is precisely because of the accumulation of many years of manufacturing that BYD has laid a solid foundation for BYD's success in the automotive industry at this time.

But how long will BYD supply batteries for Tesla?

People without thought, he must worry about.The purpose of Tesla's introduction of BYD batteries is obvious: first, to use BYD as a gunman, so that BYD and CATL can balance each other; the second is to use blade batteries to create a cheaper, popular, and cost-effective Tesla.

In other words, BYD and Tesla are still friendly partners today, but who can guarantee that in the days to come, the two will not fight against each other and fight the Chinese market decisively?

You know, among the many models that are besieging Model 3 now, BYD Seal is the most active one.

However, putting aside the game mentality, for BYD, supplying Tesla is not only a testament to the quality of its own battery products, but also provides a valuable opportunity for its external battery supply.

If the blade battery now reflects BYD's technological advantages, then with the market test of Tesla and other car companies, the technological advantage will gradually turn into a brand advantage.From this point of view, BYD seems to be able to get a lot of good things other than money in this transaction.And these things arethe general existence of "killer" in the competition ofnew energy vehicle market in the future.

So the question is, Tesla has its own thoughts to realize, BYD will not necessarily lose money, who will be injured in this transaction?

I am afraid it has to be the Ningde era.

Not only on the technical route of lithium iron phosphate batteries, BYD will go head-to-head with CATL on Tesla's platform.BYD's CTB technology on the seal is a direct reference to the CTP of the Ningde era.

CTB, Cell To Body, similar to CTC technology, all integrate the cells directly into the chassis.But the difference is also obvious. CTC will provide specific protection for the battery pack, while BYD's CTB uses the structural strength of the blade battery to integrate the battery into the overall design of the body.

In simple terms, the cells of the blade battery will form a structure similar to honeycomb aluminum with the entire battery pack, which itself can play the role of a body structure.This approach can not only increase the Z-axis space in the car, but also improve the rigidity, safety, and maneuverability of the body while reducing costs.

It is reported that CATL will release its own Kirin battery this month, which belongs to the third generation of CTP technology and claims to be able to improve performance by 13% compared to Tesla's 4680 system.According to the current situation, the battery technology that is the first to compete with Kirin battery may still fall on the head of BYD CTB.

And here I suddenly remembered what Wang Chuanfu once said: "How big we can do depends on how much space the market can give. We feel that the process of electrification is accelerating, which is much faster than we imagined. It depends on who has more resources, With a healthy supply chain and great product advantages, we can win a larger market.”

Indeed, BYD, which has delivered more than 100,000 vehicles for three consecutive months, is qualified to say that it has won the market.Even the power battery business has taken a pivotal step.

But another interesting question is that CATL, which is a competitor of BYD, when faced with the pressure from the industry market, Tesla, and other partners, can hand over a half-year report in the near future. a satisfactory answer sheet?