Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens for the clues of the suffering march! CTOnews.com, April 21 (Xinhua)-- Ningde Times said on a conference call on April 20 that sales of battery systems exceeded 70GWh in the first quarter, with energy storage accounting for about 20%, according to the latest disclosure of investor relations activity records. Under the price linkage mechanism, the price of the battery system decreased slightly.

Ningde Times achieved operating income of 89.038 billion yuan in the first quarter, an increase of 82.91% over the same period last year, and net profit of 9.822 billion yuan, an increase of 557.97% over the same period last year. In addition, Ningde era Q1 R & D expenditure of 4.652 billion yuan, an increase of 81.16% over the same period last year.

Ningde Times said that the lithium mine sharing plan is one of the company's series of business strategies, and the company is actively negotiating a variety of win-win business solutions with customer partners. In addition, the overall progress of Jiangxi lithium mica mine is relatively smooth and is expected to be put into production one after another in the middle of the year. In addition, Ningde Times reiterated that it does not pursue to become the controlling shareholder of Luo Mo.

As previously reported by CTOnews.com, Ningde Times recently announced the launch of its sodium ion battery landing Chery model. Ningde Times also unveiled a new generation of cutting-edge battery technology-condensed battery at the 2023 Shanghai International Automotive Industry Exhibition, with a single energy density of 500Wh/kg. At present, the cost is relatively high, and it is more suitable for high-end models in the field of passenger cars, with mass production capacity this year.

According to the February 2023 insight report on the three power systems of new energy vehicles jointly released by FIFA and Corey Consulting, the installed capacity of power batteries for new energy vehicles in February was 18.4GWh, an increase of 66% over the same period last year. Ningde era occupies 49.1% of the market share, ranking first, the total installed capacity of 8092MWh.

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