CTC (cell to chasis) technology is currently in the stage from concept to mass production. In September 2020, Tesla released 4680 cells, CTC technology and integrated die casting technology on the battery day, and announced that its Berlin plant will use CTC technology to produce model y. In March 2022, Zero run technology released its fourth model C01, which is expected to be launched in April, pre-sale in June and listed in August. It may become the first mass production model equipped with CTC battery technology.
We believe that when technology is still in the conceptual stage, it often seems far away; But when technology begins to land, progress tends to exceed expectations. Therefore, this report mainly further combs the companies that plan to apply CTC technology and their relevant technical solutions.
Judging from the current progress, Tesla, canoo and Zero run are in the stage of mass production / quasi mass production, and their technical schemes are different:
Tesla‘s plan: cancel the module design, directly use the battery cell for integration, and cancel the cabin floor to replace the battery cover;
Canoo’s scheme: the module is arranged in the compartment composed of longitudinal and transverse beams in the middle of the chassis, and the module is sealed through the upper cover and bottom sector of the support;
Zero run scheme: module integration is adopted, the upper cover of the battery pack is removed, and other parts of the battery pack are integrated with the chassis of the whole vehicle.
In addition to Tesla, canoo and Zero run, vehicle enterprises such as Byd Company Limited(002594) , Volkswagen, Volvo and Ford, battery enterprises such as Contemporary Amperex Technology Co.Limited(300750) , LG and start-up companies such as yourun technology all have layout in the R & D and application of CTC technology.
We believe that with more and more enterprises’ R & D, layout and application of CTC technology, CTC technology is expected to accelerate the realization of large-scale mass production application.
Investment suggestion: it is suggested to pay attention to the in-depth layout of CTC technology and companies that are expected to benefit from the large-scale mass production and application of this technology [Tesla, Byd Company Limited(002594) , Contemporary Amperex Technology Co.Limited(300750) (covered by Dianxin group)]; It is suggested to pay attention to the relevant targets of the integrated die casting industry chain [ Wencan Group Co.Ltd(603348) , Guangdong Hongtu Technology (Holdings) Co.Ltd(002101) , Lijin technology, Lizhong Sitong Light Alloys Group Co.Ltd(300428) ] which are expected to benefit from the popularization and application of CTC technology; Suggestions are suggested to focus attention on the core marks of the Tesla industrial chain core that benefit from the application of new technologies in Tesla. The core marks of the Tesla industrial chain that benefit from the application of new technologies in Tesla. The core marks of the Tesla industrial chain are [ China Pacific Insurance (Group) Co.Ltd(601601) 68 Tianjin You Fa Steel Pipe Group Stock Co.Ltd(601686) 0168 Ningbo Tuopu Group Co.Ltd(601689) 050 (covered by home Appliance Group)], etc.
Risk tip: the promotion and application of new technologies is not as expected, the risk of technology renewal iteration, and the downside risk of the prosperity of the new energy vehicle industry. Tianfeng automobile team
