Focus this week: Tesla‘s 4680 battery has a mass production of one million, and modely will carry 4680 battery in 2022
On February 19, Tesla officially announced that the Fremont plant had produced 1 million 4680 batteries in January. 4680 battery has officially entered the mass production stage and is waiting for the production start of model y in Texas factory. It is expected to be first used in model y in the first quarter of 2022. Tesla will promote the localized production of 4680 in Japan (Panasonic) and South Korea (LG). After climbing, Tesla battery pack will be replaced with 4680 + CTC solution on a large scale. In 2023, Tesla’s goal of self-produced 4680 battery in the medium term is 100200gwh, so as to ensure the company’s demand for vehicle manufacturing as much as possible.
Market review: the industry outperformed the market, and nearly half of the industry’s equity closed up weekly
(1) this week, the CSI 300 index fell by 1.67%, the gem index fell by 1.03%, and the auto sector fell by 0.18%, outperforming the market by 1.49 percentage points. Among them, the special purpose vehicle sector increased by 1.33%, with the largest increase among the sub sectors.
(2) in terms of individual stocks, 91 companies in the auto sector closed up this week, accounting for nearly 48%, led by Zhejiang Yueling Co.Ltd(002725) , Hainan Drinda Automotive Trim Co.Ltd(002865) this week. Among the sub sectors of new energy vehicles, Sichuan Yahua Industrial Group Co.Ltd(002497) led the rise with a weekly increase of 29.63%.
Industry trends and company announcement: Byd Company Limited(002594) yuan pre-sale data is bright
(1) Byd Company Limited(002594) yuan plus was sold in advance for 50 days and received 20000 orders. It was exported to Australia at the same time, competing with Tesla. The price of Australian models was about 50000 yuan higher than that of China, about 204100 yuan.
(2) Feilong Auto Components Co.Ltd(002536) 2021: the total revenue was 3.116 billion yuan, a year-on-year increase of + 16.89%; The operating profit was 125 million yuan, a year-on-year increase of + 1.92%; The net profit attributable to the parent company was 142 million yuan, a year-on-year increase of + 14.61%; Deduct non net profit of 119 million yuan, a year-on-year increase of + 21.91%.
(3) Fuda technology invested 100 million to establish a joint venture with Hangzhou tiandaocheng technology with three enterprises. The business of the partnership focuses on data communication system, new energy vehicles and high-end equipment manufacturing.
(4) in terms of new vehicles on the market, BMW I4, Ruihu 8 and other models and maple leaf 60 for electric vehicles are on the market. Chery Ruihu’s listing price is 98800118800, and the price of 2022 Haval m6plus is 76 Beijing Shunxin Agriculture Co.Ltd(000860) 00.
This week’s view
The continuous optimization of battery pack scheme is expected to drive the continuous improvement of electric vehicle mileage and solve the mileage anxiety of vehicle owners. With the acceleration of electrification and intelligence, the automotive industry has ushered in a long-term upward cycle. In terms of vehicle manufacturers, the beneficiaries are Byd Company Limited(002594) , Great Wall Motor Company Limited(601633) , Chongqing Changan Automobile Company Limited(000625) , Geely Automobile, Guangzhou Automobile Group Co.Ltd(601238) , Saic Motor Corporation Limited(600104) and new forces Weilai automobile, Xiaopeng automobile, ideal automobile, etc. In terms of parts and components, among the ones that have benefited from the parts and components, among the ones that have been among the ones that have been the subject of the ‘ Wuxi Best Precision Machinery Co.Ltd(300580) \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\, Huayu Automotive Systems Company Limited(600741) , Bethel Automotive Safety Systems Co.Ltd(603596) , Ningbo Tuopu Group Co.Ltd(601689) Zhejiang Yinlun Machinery Co.Ltd(002126) , Ningbo Xusheng Auto Technology Co.Ltd(603305) , Jiangsu Xinquan Automotive Trim Co.Ltd(603179) , Zhejiang Sanhua Intelligent Controls Co.Ltd(002050) , etc.
Risk tips
The macroeconomic recovery was less than expected, and the demand for automobiles at home and abroad was less than expected.
