Cross border layout of new energy vehicles, with a market value of more than 500 billion yuan Midea Group Co.Ltd(000333) another major project launched.
On February 16, Midea Group Co.Ltd(000333) laid the foundation for its new strategic base of new energy auto parts, with a total investment of about 11 billion yuan. After completion, it can form an annual production capacity of 60 million sets and realize an annual output value of 40 billion yuan.
Midea Group Co.Ltd(000333) also said that in the next decade, it will invest US $1 billion in technology research and strive to become a system level solution supplier of new energy vehicles.
foundation laying and commencement of 11 billion yuan large project
On February 16, the signing ceremony and foundation laying ceremony for the new strategic base of new energy auto parts of Anqing Weiling Auto Parts Co., Ltd. (anqing Weiling), a subsidiary of Midea industrial technology, was held in Anqing City, Anhui Province.
(source: Midea Group Co.Ltd(000333) official WeChat official account)
Anqing Weiling is Midea Group Co.Ltd(000333) a new strategic base invested and established again after Anhui Weiling Auto Parts Co., Ltd., which means that Midea’s industrial technology has another major strategic layout in the field of auto parts.
As an important strategic project of Midea Group Co.Ltd(000333) , the total investment of the new strategic base project of new energy auto parts is about 11 billion yuan, of which the investment in fixed assets is about 6.5 billion yuan. The planned land for phase I of the project is 458 mu, which is located in Yuanmeng new area, Anqing city. The project focuses on breaking through the “four basic” bottlenecks such as core basic parts, and aims to build an internationally competitive advanced manufacturing and modern service industry base. It mainly produces power steering motors, electric compressors for new energy vehicles, drive motors for new energy vehicles and other products, creating thermal management, main drive Research and development center and National Laboratory of auxiliary / intelligent driving system. After the completion of the project, it can form an annual production capacity of 60 million sets and realize an annual output value of 40 billion yuan.
Fu Yongjun, vice president of Midea Group Co.Ltd(000333) and President of Midea industrial technology, said in his speech at the signing ceremony: “Midea’s new energy auto parts base is one of the projects with the largest total investment amount in Midea Group Co.Ltd(000333) history. I hope the new base will become a new ‘business card’ of Anqing and provide strong support for building the ‘third pole’ of Anhui auto industry.”
Weiling auto parts products mainly focus on the core components of new energy vehicles, including the cutting-edge technology CO2 rotary automobile electric compressor that can solve the pain point of low-temperature heating in the industry, the EPS motor for auxiliary / automatic driving independently developed in China, and the main drive motor whose performance is at the level of cutting-edge technology. At present, the five products of the three existing product lines have basically been tested and mass produced in succession, and have brought high-quality products and technical solution support to many world-famous automobile enterprises and new forces. Midea industrial technology will form the strategic layout of the world’s six R & D centers and two production bases in the field of new energy vehicle components.
(source: Midea Group Co.Ltd(000333) official WeChat official account)
committed to becoming a new energy vehicle system level
solution provider
In fact, as a leader in the field of household appliances, Midea Group Co.Ltd(000333) has already begun its own cross-border road. According to the introduction of Midea Group Co.Ltd(000333) , Midea has laid out the new energy vehicle industry chain in many aspects, which can provide all-round services for vehicle enterprises.
Midea industrial technology previously introduced at the strategic vision conference that Midea industrial technology has extended from the field of household appliances to the field of multi product applications. “Observing the trend of electrification of vehicles, we began to lay out the main drive motor of vehicles, air conditioning compressor of electric vehicles, various micro motors and electronic pumps for vehicles five years ago, and all of them have achieved mass production this year.” Introduction of Fu Yongjun.
KUKA, a subsidiary of Midea in the field of Siasun Robot&Automation Co.Ltd(300024) and automation, serves major well-known car enterprises around the world, including FAW Volkswagen’s first MEB production line in China, the upgrading and transformation of Changan new energy’s door cover and assembly and adjustment production line, Byd Company Limited(002594) flexible welding workshop and other projects. KUKA can provide professional automation solutions for the new energy vehicle industry, including the whole process automation from production line to assembly line.
Midea digital intelligence service contributes to the digital transformation of enterprises. Midea smart digital star cloud provides car owners with an “immersive experience” from car purchase to landing to travel. At the same time, it provides comprehensive and detailed services to car enterprises through the acquisition, cleaning and translation of industry data. In the service Chongqing Changan Automobile Company Limited(000625) process, due to the timely monitoring of users’ negative public opinion on tires, Chongqing Changan Automobile Company Limited(000625) has to optimize tire products in time to resolve the crisis. With the innovative business model of “auto big data + cloud service”, Meiyun Zhishu has served Dongfeng Group, Great Wall Motor Company Limited(601633) , Byd Company Limited(002594) and other famous auto enterprises.
Midea Group Co.Ltd(000333) said that in the next ten years, it will invest US $1 billion in technology research and strive to become a system level solution supplier of new energy vehicles.
