There seems to be more big news about the new energy track.
First, a technological breakthrough in lithium batteries. According to the latest foreign media reports, American amprius company announced that it has produced the first batch of lithium batteries with ultra-high energy density, with an energy density of 450wh / kg, which is the highest energy density among available batteries, and the volume is reduced by 37% compared with the most advanced Tesla Model 3 battery.
Another news is that some pension funds and Wall Street bosses in the United States are crazy about buying the shares of “Tesla killer” – rivian, an American electric vehicle start-up. Among them, the California Civil Service Pension Fund, the largest pension fund in the United States, purchased more than 305000 rivian shares in the fourth quarter. In addition, BlackRock, JPMorgan Chase, Soros’ funds, Blackstone Group, Goldman Sachs and other giants all established positions in rivian in the fourth quarter.
In the first two trading days of this week, the oversold new energy track seems to have warmed up, Contemporary Amperex Technology Co.Limited(300750) 2 rose by more than 7.5%. Recently, Cui Chenlong, the champion of public offering in 2021 and Qianhai Kaiyuan, said that the fundamentals of both new energy vehicles and photovoltaic, wind and power are very good. The overall demand is growing at a high speed. In many segments, the supply is in short supply, and he is firmly optimistic about the direction of new energy for a long time.
On the same day, “ningwang” also announced that on February 14, chairman Zeng Yuqun, Secretary of the board of directors and deputy general manager Jiang Li and chief financial officer Zheng Shu were investigated by 50 investors, including Hillhouse capital, Hongshang capital, Tencent investment, Temasek and Sequoia Capital. Contemporary Amperex Technology Co.Limited(300750) responded to 20 questions that investors focus on. Contemporary Amperex Technology Co.Limited(300750) said that the expansion of friendly manufacturers does not mean that competition will increase. Only products with innovative material system and structural system are worth competition. The company always provides customers with the most cost-effective products through material innovation, structural innovation and extreme manufacturing.
lithium battery meets a major breakthrough?
the power battery, the core of the new energy industry chain, has made a major breakthrough again.
Recently, according to foreign media reports, amprius company in California announced that it has produced the first batch of lithium batteries with ultra-high energy density, which has achieved a major breakthrough in specific energy (energy released by unit electrode) and energy density. The battery density of this lithium battery has reached 450wh / kg (1150 WH / L), which is the lithium battery with the highest energy density among the available batteries.
According to enpower’s data, Tesla‘s model 3 battery is the most advanced at present, and its energy density is only 260 WH / kg (730 WH / L). By weight, the energy of the amprius lithium battery is 73% higher than that of the Tesla Model 3 battery, but the volume is reduced by 37%.
Amprius said that the battery can achieve such high energy density mainly because it uses silicon nanowire technology.
In fact, the research and development direction of silicon nanowire technology has been determined as early as the establishment of the company. Cui Yi, the founder of amprius, is a Chinese professor at Stanford University. During his doctoral study and post doctoral research at Harvard University and the University of Berkeley, California, he engaged in the integration of nano materials and began to combine nanotechnology with batteries.
He believes that in conventional batteries, the anode is made of graphite, but its energy storage is limited. The storage capacity of silicon is about 10 times that of graphite, but it has one obvious disadvantage: when charging, silicon will expand rapidly, resulting in silicon rupture and battery failure.
Stanford University researchers found that using nanotechnology, lithium can be stored in tiny silicon nanowires. The thickness of these nanowires is about one thousandth of a piece of paper. Silicon nanowires will still expand after absorbing lithium, but nanotechnology can prevent silicon from cracking and achieve the highest energy / power ratio on the market.
Amprius positions itself on the official website as “game changer of energy density and cycle life”. It firmly believes that the technology to create the highest energy density lithium-ion battery is 100% silicon nanowire technology.
According to amprius, since silicon is the best material for energy density, the use of 100% silicon in nanowire technology means that it can provide the battery with the highest energy density in the world today. In addition, amprius 100% silicon nanowire battery has excellent cycle life and will continue to improve, which has been proved in the actual use of national laboratories and aerospace companies.
It is reported that this technology has attracted more than US $100 million in financing as early as 2020. Investors include KPCB, Trident investment company, vantagepoint investment company, Eric Schmidt, former CEO of Google, innovation advocates, Saif partners, InfoTech and Airbus.
As we all know, energy density and specific energy are two very important indicators of power battery, but safety, charge discharge rate and price will also be very important. In fact, at present, amprius is mainly engaged in the research and development of lithium-ion batteries for aerospace vehicles such as high-altitude UAVs and flying taxis. Its first customers are also from the fields of aerospace and satellite manufacturing. This means that this ultra-high density battery has not been popularized to the field of new energy electric vehicles due to its high cost.
However, it is worth mentioning that amprius has a very close relationship with Tesla. Its location is near Tesla’s battery manufacturing factory and secret battery laboratory. It even moved its office to Tesla battery laboratory. At the same time, Tesla will also hold battery day activities in the factory.
Tesla CEO musk once revealed on twitter that the energy density of Tesla’s power battery will reach 400wh / kg in the future, with high cycle life, and may be mass produced in 3-4. Some media speculate that amprius is the “brain” behind this power battery.
“Tesla killer” was bought
the hot new energy track has always been pursued by capital.
On Monday, local time, several large pension funds in the United States disclosed the latest position data. In the fourth quarter of 2021, seven large pension funds, including the California Civil Service Pension Fund, bought shares of “Tesla killer” and American electric vehicle start-up rivian.
Among them, the California civil service pension fund manages about $492 billion (about 3.1 trillion yuan) in assets, which is the largest pension fund in the United States. According to the position data, the fund purchased more than 305000 rivian shares in the fourth quarter of last year. Based on rivian’s closing price of $103.69 at the end of last year, the market value of the position is about $32 million (about 200 million yuan).
In addition, the Texas teacher retirement system of Texas fund with an asset management scale of $191 billion also holds 33000 shares of rivian.
The pension fund, which has always been stable, suddenly copied the bottom of a newly listed start-up, which surprised the market. Moreover, rivian has not yet made a profit, with a loss of more than $2.2 billion in the first three quarters of 2021. This means that the investment risk appetite of some pension funds in the United States is rising.
In addition, since its listing, rivian’s share price has performed very poorly. As of the latest closing, rivian’s share price was US $66.29, a cumulative decline of 63% compared with the high point on November 16, 2021 (US $179.46 / share), and the total market value has evaporated more than US $101.8 billion (about 645.5 billion yuan)
It is worth noting that rivian after the crash seems to have become a hot pastry of Wall Street capital. Giants such as BlackRock, JPMorgan Chase, Soros Fund Management, Morgan Stanley, Blackstone Group, Goldman Sachs and tiger global fund all built positions in rivian in the fourth quarter of 2021. Among them, among the top five heavy positions of Soros Fund, rivian ranks first, with a position of about 1983.57 million shares and a market value of about US $2.057 billion, accounting for 28.14% of the portfolio.
In addition, Amazon, one of rivian’s largest customers, has a new position of 158 million shares in rivian, with a market value of about US $16.42 billion, accounting for 96.46% of the portfolio.
Being sought after by many Wall Street giants has a direct impact on the attitude of market funds towards rivian. After opening on Monday, rivian’s share price soared by more than 12% and finally closed up 6%; At the opening of US stocks on Tuesday, rivian remained strong, rising by more than 5.8% again, and the total market value rebounded to US $59.7 billion (about 378.4 billion yuan).
In 2021, rivian became the most sought after star enterprise in the wave of US stock IPOs, with an IPO financing amount of US $12 billion, becoming the largest financing project of US stocks in 2021. At the beginning of listing, the total market value soared to US $150 billion, surpassing Ford, general motors, Daimler, Volkswagen and other auto giants, It has become the third largest car enterprise in the world (by market value).
However, after listing, because the delivery of electric vehicles was less than expected, it was sold off in the market. On January 11, rivian announced that by the end of 2021, the company had produced 1015 vehicles and delivered 920 vehicles, which was lower than its initial production target of 1200 vehicles.
In addition, Amazon’s “abandonment” also gave rivian a heavy blow. On January 5, Amazon signed a long-term cooperation agreement with stellantis. Amazon will become the first commercial customer of ram promaster electric truck under stellantis. Previously, Amazon planned to order 100000 electric delivery vehicles from rivian, and the first 10000 will be delivered by the end of 2022.
how can I get to the new energy track?
In the first week of the year of the tiger, the A-share new energy track was once sold off by the market. The leader Contemporary Amperex Technology Co.Limited(300750) fell by 17.32% in the first week, and the market value evaporated a total of 239.1 billion yuan in a single week. Other stocks of the new energy track also suffered heavy losses. According to data, the total market value of the lithium battery sector evaporated more than 400 billion yuan in the first week.
In the first two trading days of this week, the oversold new energy track seems to have warmed up, Contemporary Amperex Technology Co.Limited(300750) 2 rose by more than 7.5%.
In fact, looking forward to 2022 and next year, the prosperity of the new energy track is still. According to the latest data disclosed by the passenger Federation, the wholesale sales volume of new energy passenger vehicles reached 412000 in January, a year-on-year increase of 141.4%, and the retail sales volume of new energy passenger vehicles reached 347000 in January, a year-on-year increase of 132%.
The sales volume of new energy vehicles has not been affected by the decline of subsidies. The passenger Federation said that the price acceptance of new energy vehicles has recovered after the Spring Festival. In addition, many new energy vehicles still have a backlog of pre delivery orders, and the sales volume of new energy vehicles in February will not be significantly affected by the decline.
In addition, the price of lithium in the upstream also remained strong. According to the data released by Shanghai Ganglian E-Commerce Holdings Co.Ltd(300226) , the quotation of lithium battery materials generally rose on February 15, and the price of electrolytic cobalt rose by 12500 yuan / ton; Metal lithium increased by 20000 yuan / ton, and the average price was 2.17 million yuan / ton; Battery grade lithium carbonate rose 7500 yuan / ton, with an average price of 421500 yuan / ton.
Recently, Cui Chenlong, the champion of public offering in 2021 and Qianhai open source, shared his latest views on the new energy industry chain in a live broadcast. It said that the new energy sector has seen a short-term high since the end of last year, and then the whole sector has retreated to a certain extent. However, there is no problem with the fundamentals of the industry. Whether it is new energy vehicles or photovoltaic, wind and power, we can see that the fundamentals of the whole industry are very good. The demand of the whole industry is growing at a high speed, and in many segments, the supply is in short supply.
Cui Chenlong believes that the main reason for this round of decline is related to the Fed’s expectation of raising interest rates, but it is difficult to judge how much the market has absorbed the impact of raising interest rates, so it may still be a volatile market in the short term, but the development of new energy fundamentals is very rapid, so it is still firmly optimistic about the direction of new energy in the long term.
At what stage is ningwang rescuing the gem new energy vehicle industry?
