After Volkswagen intends to invest in Guoxuan Hi-Tech, Audi has also reported that Audi is about to cooperate with Chinese battery companies, or to invest in or establish joint ventures. This time, the protagonist is BYD.
According to foreign media news, Audi is negotiating with BYD, hoping to include BYD in the list of Audi electric vehicle suppliers. The two parties have entered into a later stage of negotiations. Audi hopes to invest in BYD's battery business unit or establish a joint venture with them.
It is also reported that BYD's power battery will be used in the PPE platform models jointly developed by Audi and Porsche. The first batch of models is expected to be launched around 2021.
In response to the rumor, an Audi spokesperson said that the company is negotiating with multiple battery suppliers and has not yet made a final decision.
BYD officials said that the company is in contact with many global car manufacturers to promote its power batteries, and has made some progress, and specific information will be disclosed at an appropriate time.
Rumors are confusing and the official response is ambiguous, but at present, there are still many unknown factors whether Audi can reach a cooperation agreement with BYD and the form of cooperation.
On the one hand, BYD is planning to split the power battery business unit around 2022. However, due to BYD's numerous businesses and complicated systems, the split of power batteries must not be simple, and the spin-off is still in preparation. And if Audi buys shares at this time, it will inevitably further complicate its listing situation.
On the other hand, BYD is also accelerating supply cooperation with other automakers, including Toyota and Changan. At the same time, BYD is also planning to win orders from Daimler and Volkswagen Group, and the "close" cooperation with Audi means that there will be a certain priority supply order and other cooperative customers.
But objectively, BYD's models supporting Changan have just entered the new car announcement, and Toyota's battery cooperation suppliers also include Ningde Times, Panasonic and so on.
Compared with the cooperation between Ningde Times and various international auto manufacturers, BYD's progress in the export of batteries is still slow. Taking this opportunity to cooperate with Audi to lock up a certain international market share in advance is not impossible.
From this point of view, the probability of the form of cooperation between the two parties: battery cooperation supply> establishment of a joint venture company> power battery business shares.
At present, the global wave of new energy vehicles is rolling forward, and the structural imbalance of high-end power battery capacity is also becoming increasingly prominent. Many international OEMs are also "robbing" battery suppliers through various means.
A few days ago, it was reported that Volkswagen is exploring investments in Chinese auto parts suppliers, intending to invest in shares or establish joint ventures with Chinese battery companies to better compete in the Chinese market, including Guoxuan Hi-Tech.
Neither side has a firm response to the message.
Previously, Volkswagen also reported that it was in talks with SKI and Chinese partners to establish a battery joint venture. It was close to reaching an agreement to build a factory in China and agreed to establish a factory in China with Chinese partners.
This news is in line with the information that VW plans to establish a joint venture with Chinese battery companies. Considering the existence of SKI, the industry had previously speculated that the Chinese partner might be Liwei.
Volkswagen's Chinese cooperative battery makers are still in the fog.
However, a signal that cannot be ignored is that international OEMs are beginning to target the huge Chinese new energy vehicle market. Under the background of first-mover advantage and gradual improvement in the layout of technology and production capacity of Chinese battery companies, they have naturally become the targets of international OEMs. "Citronella"