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Far East Battery: Market demand and technological innovation and drive orders increased significantly year-on-year

Categories:Date:2024-08-21

In the tide of global energy transformation, the lithium battery industry is experiencing unprecedented changes. On the one hand, with technological progress and large-scale production, the cost of lithium batteries continues to decline; On the other hand, the explosive growth of demand for new energy vehicles and energy storage has injected strong impetus into the entire industry, which has directly promoted the rapid development of the new energy vehicles and energy storage market. According to industry data, in the first half of 2024, global sales of new energy vehicles continued to rise, and the demand for power batteries also increased significantly. At the same time, with the large-scale promotion of distributed energy sources such as distributed photovoltaic and distributed wind power, the energy storage market has also ushered in unprecedented development opportunities.

CCTV "Zhengdian Finance" focused on Far East battery, in-depth report on the development prospects of the lithium battery industry, Far East Battery senior partner, president of the battery Research Institute, Jiangxi Far East Battery executive general manager Xiangjiangfeng was interviewed.

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Photo from CCTV-2 Zhengdian Finance

Over the years, Far East has actively participated in the global energy transformation wave, in this scientific and technological intelligent competition, always adhere to bring quality products to customers, attach great importance to research and development, continuous innovation and breakthrough, and enhance the core competitiveness of products. In recent years, Far East Battery has made a major breakthrough in cell capacity, improving the energy density, charge and discharge performance, and energy efficiency of the cell, successfully increasing the capacity of the 18650 series cell to 4000mAh, and the capacity of the 21700 series cell is increased to 6000mAh. This not only means that the battery can store more energy, but also means that the battery can provide longer battery life and more robust energy output for the same weight or volume. In-depth report on the development prospects of the lithium battery industry, Far East Battery senior partner, president of the battery Research Institute, Jiangxi Far East Battery executive general manager Xiangjiangfeng was interviewed.

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The two high-capacity cell products, 18650-4000mAh and 21700-6000mAh, not only have the characteristics of high energy density, high safety and high consistency, but also have better performance in cycle life and temperature range. Among them, the energy density of the 18650-4000mAh product has been 300Wh/kg, providing strong support for the lightweight of the battery pack, achieving less replacement and maintenance, greatly reducing the operation and maintenance cost of customer products, and helping the robot to become more compact and flexible. In addition, the charge and discharge temperature range of related products is wide, and can be stably discharged in the range of -20to 60 , which can effectively deal with the problem of reduced battery life and abnormal work in low temperature environment.

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With the above product characteristics, Far East Battery's high-capacity cylindrical cell series products provide a wider range of possibilities for applications in smart home, light travel and small energy storage systems. Whether it is daily travel or home life, Far East batteries can accompany around, providing users with lasting and stable power support to ensure that every use is safe and worry-free.

Light travel field: Far East Battery has become a partner of well-known electric vehicle brands such as Niu Niu, its high capacity to help group lightweight, significantly improve the endurance of electric vehicles, at the same time, the wide temperature range characteristics ensure the stable and efficient operation of electric vehicles in different environments, but also for overseas customers batch supply, by the overseas light travel market.

 In addition, in the fields of smart home and mobile energy storage, Far East Battery's high-capacity cylindrical cell series products have also shown good application potential, providing strong power support for smart home products and mobile energy storage products. In some products in the field of personal protection, you can also see the figure of Far East batteries, whose stable and reliable power supply has injected lasting power for personal protection appliances.

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In addition, in the case of global energy shortage, Far East actively layout energy storage business, its products and services cover from portable mobile power, to RESS, to C&I ESS , as well as Utility ESS and other application scenarios. RESS products are beautifully designed and easy to operate, meeting the individual needs of different families; C&I ESS series is highly integrated and intelligent management, providing stable and efficient energy security solutions for enterprises; The Utility ESS facing the power generation side ensures the stable and reliable operation of the power system by virtue of its characteristics of high economy and safety. At present, relevant products have been certified in China, North America, Europe, Japan and other international regions, and are sold well in domestic and foreign markets, contributing to the Far East's strength for the global energy transformation.

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With continuous scientific and technological innovation, product and service upgrades, Far East smart battery business from January to July, the cumulative winning/signing contract orders of more than 10 million yuan was 1.254 billion yuan, an increase of 299.67%; In July, the contract orders of more than 10 million yuan won/signed were 134 million yuan, an increase of 39.01% year-on-year and 290.57% month-on-month.

At present, Far East Battery has established two manufacturing bases in Yichun, Jiangxi Province and Yixing, Jiangsu Province. In terms of global layout, it covers key areas in China and expands overseas markets, forming a global operation network including Shenzhen Greater Bay Area Headquarters, Shanghai customer service center, overseas warehouse & service center (Netherlands, Germany, Italy), and domestic and foreign marketing center (Shanghai, Shenzhen, Netherlands, Germany, Italy).

Looking forward to the future, Far East Battery will continue to take innovation as the engine, products as the cornerstone, with excellent product force and unremitting innovation spirit, promote the development of intelligent life applications and intelligent technology applications, and contribute Far East's strength in the field of energy.