On March 28, the Shandong Heavy Industry Group - Weichai Group Holds New Energy Business Strategic Transformation Promotion Meeting with theme of "New-quality power towards electricity and the future" was held in Yantai. The first battery product of Weichai - FinDreams (Yantai) New Energy Power Industrial Park rolled off the assembly line, marking the official operation of the first phase of the industrial park project. Party Secretary and Director of SASAC of Shandong Province, Party Secretary and Chairman of Shandong Heavy Industry Group Man Shengang, Deputy Party Secretary and Mayor of Yantai, Zheng Deyan attended the event.
Shandong Heavy Industry Group is speeding up the strategic transformation of new energy and building a new energy industry chain from commercial vehicles, construction machinery, agricultural equipment, industrial forklifts to powertrain systems, showing leading competitive advantages, strong growth momentum and broad space for development, Man said. Weichai - FinDreams Power Battery fully integrates the leading advantages of the two companies, bringing more high-end, advanced and professional power solutions to China's new energy commercial vehicle and construction machinery industries. Shandong Heavy Industry Group will continue to shoulder the role of "industry chain master", work together with upstream and downstream partners in the industrial chain for coordinated development and cluster development, and make new and greater contributions to the high-quality development of high-end equipment industry in Shandong Province.
Zheng Deyan thanked Shandong Heavy Industry Group for its support for the development of Yantai. He said that Yantai is deeply implementing the manufacturing cluster cultivation project, taking Weichai - FinDreams New Energy Power Industrial Park as the lead, accelerating the development of new energy vehicle and power battery industries, creating a new energy vehicle industry cluster highland in northern China, and actively building a modern industrial system with advanced manufacturing as the backbone. It is hoped that Shandong Heavy Industry Group will strengthen its industrial layout in Yantai and continuously expand strategic cooperation at a higher level and deeper level, he said.
At the event, leaders such as Man Shengang and Zheng Deyan jointly pressed the start button, and the first power battery product equipped with the latest technology of Weichai and FinDreams in the industrial Park officially rolled off the assembly line, marking the official operation of the first phase of Weichai - FinDreams Battery and Weichai (Yantai) New Energy Industrial Park. This product is specially designed and developed based on Weichai's deep understanding of the commercial vehicle industry. It adopts blade battery technology and has the characteristics of good safety, excellent fast charging capacity, high energy density, high environmental adaptability and long cycle life, which can meet the needs of different transport distances, different regions and application scenarios.
Shen Jian, Standing Committee Member and Vice Mayor of Yantai Municipal Committee, Party Committee member and Deputy general Manager of Shandong Heavy Industry Group, Ma Changhai, Party Secretary, Chairman and general manager of Weichai Group, and Liu Siyuan, COO of FinDreams Battery, participated in the activity.
Twin giants unite
To build a highland for the new energy commercial vehicle industry
Shandong Heavy Industry Group has leading resources in the whole industrial chain of high-end equipment such as commercial vehicles, construction machinery, agricultural equipment, intelligent logistics and marine mobility, and Weichai is an important leader in global powertrain systems. BYD has mastered the core technologies of the whole new energy industry chain and enjoys a high reputation around the world. In 2023, the two sides jointly plan to invest in the construction of an industrial cluster highland that runs through the new energy powertrain system.
The project is located in Yantai’s Fushan District, covers an area of about 1700 mu, officially landed in November 2023, with a total of three phases of construction. The project is divided into two parts. One is the Weichai - FinDreams Battery construction project, which focuses on building a 50GWh power battery, energy storage cell and supporting parts production base. The latest 2.0 equipment and technology developed by FinDreams is used to produce the latest blade battery cell. The first phase covers an area of 758 mu, planning to build commercial vehicle, non-road, energy storage and other cell production lines, covering production, lamination, assembly, testing four cell production process workshops and aluminum shell, NMP rectification area, electrolyte storage area and other production facilities, with 20GWh/year cell production capacity. Second is Weichai (Yantai) New Energy Industrial Park construction project, with layout 50GWh battery PACK and other new energy vehicle core components manufacturing base. The first phase covers an area of 249 mu, planning to build 4 blade battery PACK lines, with an annual capacity of 20GWh battery PACK. At present, the first phase of the project was completed and put into operation as scheduled.
Relying on the resource advantages and industrial supporting capabilities of the "industry chain masters" of the high-end equipment industry chain such as Shandong Heavy Industry Group and BYD, the project will drive the upstream and downstream supporting enterprises of the automobile industry chain to accelerate their gathering in Yantai, strengthen the deep integration of the industrial chain, innovation chain and value chain, help Shandong Province build a high-end equipment industrial cluster, and make positive contributions to the development of China's new energy industrialization.
Blade out of the sheath
Weichai's full range of power batteries leads industry demand
At the event, Weichai's full series of on-road and non-road power batteries were exhibited, covering market segments such as heavy-duty trucks, light-duty trucks and construction machinery. This series of batteries adopts blade battery technology to build a solid foundation of fast charging, high strength, high safety and long life at the bottom of the technology, leading the development of the industry.
Among them, Weichai heavy-duty truck's full series of power batteries focus on large power, fast charging and applicability. The battery pack capacity is up to 100kWh, and supports multi-pack parallel technology. The power can be extended to 200 to 600kWh, to match the power demand of different transport distances; The application of a variety of lightweight design that allows the battery pack in the 400kWh system to reduce the weight by 110kg compared with similar competitors, greatly improving the vehicle life time and load capacity; In terms of fast charging, the battery supports up to 1.3C continuous charging, which greatly shortens the charging time compared with the competition's 1C continuous charging performance.
Weichai light-duty truck power battery has the advantages of long duration, lightweight and long life. Its single pack power reaches 140kWh, the industry's top, which is about 30kg less than competitive products under the same capacity; With 2C high power fast charging performance, the battery being charged from 20% to 80% only takes 18 minutes at the fastest, which eliminates the endurance anxiety of urban distribution light truck transport users. In addition, the battery has a system cycle life of up to 4500 times, combined with the fast charging feature, significantly improve the economy of the whole life cycle of the vehicle, and reduce the vehicle operating cost.
Weichai construction machinery power battery covers the range of 280-1000kWh, which can meet the power demand of different market segments such as loaders, excavators and mining trucks. It has the characteristics of strong reliability, high attendance and ultra-long life. The vibration reliability of the battery can meet 4 times the national standard, and the system failure rate is 20% lower than the industry average level; Low temperature adaptability is better, the working temperature range supports -35℃ to 65℃; Battery system cycle life 2800/4500 times optional, life increased by 60%, life greater than 20000h can help solve customer concerns about battery life.
Electricity and future
Weichai New Energy has a key move
Driven by the wave of global energy transformation and electrification, power batteries are the core of new energy vehicles, and related technological innovation is undergoing rapid iteration. Weichai has been deeply engaged in the new energy industry for many years. Based on its deep understanding of the application scenarios of commercial vehicles and construction machinery, Weichai has made breakthroughs in thermal management, intelligent management and full life cycle reliability of power batteries.
Since 2010, Weichai has comprehensively laid out the electric parts technology route for the new energy business , and completed the entire industrial chain and technology chain layout of various series of products such as power batteries, motors, and motor controllers. The core performance and reliability indicators of the products are leading in the industry, and have been applied in batches to the markets of passenger cars, light trucks, heavy trucks, construction machinery, forklifts and so on.
Now, with the completion and operation of Weichai - FinDreams Battery and the first phase of Weichai (Yantai) New Energy Industrial Park, Weichai has a large-scale production base covering new energy powertrains, motors, motor controllers and batteries, providing strong support for the strategic transformation of new energy. Among them, Weichai (Yantai) New Energy Industrial Park will further improve the manufacturing level and profitability of products through the construction of a domestic leading and international first-class lighthouse factory.
Facing the future, Shandong Heavy Industry Group, in collaboration with internal and external resources, will build a new energy and power industry highland for the world, provide global customers with diversified, low-carbon and efficient new energy and power solutions, and help Shandong Province to "take the lead along the way" in the green, low-carbon and high-quality development of high-end equipment industry.