As the core of new energy vehicles, power batteries continue to grow rapidly. However, many problems are also exposed today, such as high-end capacity and low-end excess capacity. For battery companies, the increase in raw material prices and the need for car companies to reduce supply prices are facing two-way pressure. For new energy car companies, the cost, technology, and manufacturing of power batteries determine the cost and mileage of new energy vehicles. , performance, safety and comfort, etc. The two sides are interdependent. Based on the integration of the industrial chain, the realization of complementary advantages, and the creation of new growth points, there are numerous cases of deep collaboration between power battery manufacturers and new energy vehicle companies. It is understood that currently including well-known manufacturers such as Ningde Times, Waterma, and Guoxuan Hi-Tech have formed in-depth cooperation with new energy car companies. Some of the cooperation cases are as follows: Chery & Xinwangda In April 2015, the two parties signed a "Joint Venture Contract," and agreed to establish a joint investment in the establishment of Wuhu Qida Power Battery System Co., Ltd., mainly engaged in research, development, production and sales of lithium-ion battery modules and power management systems for new energy vehicles. Land Local Boat & Boston Battery In September 2015, Boston Batteries and Luzhou Local Boats reached a strategic cooperation agreement to collaborate on new energy logistics vehicles and develop power battery systems for new energy minibuses and passenger cars. The two sides will use the vehicle of the Land Local Boat as a platform carrier to carry out research on the adaptation technology of electric vehicles in different environments and operating conditions. Beiqi New Energy & Guoxuan Hi-Tech At the end of 2015, Guoxuan Hi-Tech and Beiqi New Energy formed a comprehensive strategic partnership in the field of new energy vehicles. They jointly established overseas R&D platforms, joint venture battery factories, co-operated taxi exchange models, battery recycling, and ladder utilization. Reached a cooperation agreement. Yinlong New Energy & CRRC Times In June 2016, Yinlong New Energy signed a strategic cooperation agreement with CRRC Times. The two sides will fully utilize scientific research and market advantages in lithium titanate energy storage systems, energy storage system safety, new energy vehicle power systems, and vehicle manufacturing, and establish strategic partnerships. Dongfeng Motor & Ningde Times At the end of 2016, Ningde Times signed a strategic framework agreement with Dongfeng Motor. Dongfeng Corporation provides support for the development of battery technology for the Ningde Era, and Ningde Era is committed to standardization of power battery products. At the same time, it develops and shares technologies with customers in the standardization of battery packs. Zhongtong Bus & Waterma Innovation Alliance In February 2017, the Waltmar Innovation Alliance signed a strategic cooperation agreement with Zhongtong Bus. The two parties will conduct comprehensive cooperation in three areas including technology, products, and marketing, including plans to cooperate in the production and promotion of more than 20,000 pure electric vehicles. The core “Three Powers†​​will use the products and solutions of the members of the Waterma Innovation Alliance. . Tang Jun Automobile & Camel Co., Ltd. In February 2017, Camel signed a strategic cooperation framework agreement with Tang Jun Automobile. Camel will provide or cooperate with the development of lithium-ion battery, electric motor and electronic control products that meet the requirements and technical requirements. The two parties will determine the models jointly developed and mass-produced, the battery and the electric control models and sign the formal supply agreement according to the needs of the later development. Wait. Guoneng Electric Vehicle & Ningde Times In March 2017, Ningde Times signed a strategic cooperation agreement with Guoneng Electric Vehicles. The Ningde era will ensure the full release of NEVS production capacity with its high-quality, high-security power battery system. The National Electric Vehicles will use the Ningde era as the most important partner of its vehicle battery, and fully support the international development of the Ningde era. Beiqi New Energy & Guoxuan Hi-Tech In May 2017, Guoxuan Hi-Tech Co., Ltd. invested 10 million to participate in B-Series financing of BAIC New Energy. In fact, in the 3 billion A round of financing of BAIC New Energy, Hefei Guoxuan increased its capital by RMB 300 million to increase its shareholding ratio to 3.75%. The two sides have already begun to deploy their cooperation on new energy vehicles and power battery projects. SAIC & Ningde Times On June 8, 2017, SAIC Power Battery Co., Ltd. and SAIC Times Power Battery System Co., Ltd., which were jointly funded and established by SAIC and Ningde Times, formally completed registration. In the future, the joint venture company will become the supplier of all subordinate new energy auto companies within SAIC Motor Corporation. Both SAIC Auto's own brands and SAIC Motor's joint ventures can purchase power battery products from the joint ventures of both companies. At the same time, there is also the possibility of opening up to other new energy vehicle manufacturers. Through this cooperation, SAIC can effectively solve the production capacity reserve, reduce costs, and adjust the product structure; the reserve support power battery products will be more abundant in the Ningde era; at the same time, expand the integration of market layout, strengthen the company's stickiness, and jointly grasp more market discourse rights. . Jianghuai Automobile & Guoxuan Hi-Tech The cooperation between Guoxuan Hi-Tech and Jianghuai Automobile has a long history. In the Guoxuan, Jianghuai project team has also been established. The history of the Jianghuai project team can be traced back to the JAC IEV generation in 2010. For seven years, Guoxuan Hi-Tech and Jianghuai Automobile have successively launched the IEV series passenger vehicles and the Hao Micro series commercial vehicles. Jianghuai Automobile's newly-listed iev6e, iev7, and iev4 models all use lithium iron phosphate batteries provided by Guoxuan Hi-Tech. Beiqi & Fuenergy Technology In September 2017, Beijing Automobile Group, Fuengeng Technology and Beijing Shunyi District Government signed a cooperation agreement to build a new energy vehicle R&D and manufacturing base in Shunyi District to form an annual production capacity of 8GWh batteries and battery packs. After the project is completed, it will provide important supporting support for BAIC Group's own brand new energy vehicles. The above are some examples of deep cooperation between some power battery manufacturers and car companies. In fact, the cooperation between power batteries and car companies has been in place for a long time. It is only at different stages of the development of the new energy automobile industry that the depth and driving factors of cooperation between the two parties are not the same. At present, car companies and battery companies are transforming their pure supply-demand relationship into deep-binding cooperation based on market and business model innovation. In addition to self-built battery factory vehicle manufacturers, other car companies and battery manufacturers cooperation modes are mainly the following. In the strategic cooperation model, car enterprises and battery factories will carry out in-depth technical exchanges and joint research and development cooperation, through the exclusive agreement, the formation of technology and market barriers. For example, the Ningde era and the Nengergy, Ningde times and Dongfeng, the two sides will establish a comprehensive strategic partnership, through the development of in-depth technical exchanges and research and development cooperation, build industrial ecology. The coalition cooperation model aims at deep binding cooperation based on multi-dimensional considerations such as product development, market development, and business model innovation. For example, the Waltmar Innovation Alliance has integrated most of the roles in the industry chain. Based on the cooperation model based on capital, both parties jointly funded the establishment of joint ventures, such as the SAIC and Ningde times. It can be predicted that in the future, there will be a large number of new energy automobile joint ventures in the Chinese market. Whose batteries will be used will become the largest variable in the power battery market. At this stage, the first-line new energy car companies have chosen to “marry†with power battery companies and have been deeply tied up in strategic cooperation. The mutual benefit and win-win situation is the most sensible preparation for war. 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