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Kaiyi Automobile is backed by Chery and "on the side" Huawei's CATL sales decline by 9%, it is difficult to carry the banner of Yibin's power battery capital

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2022-06-27 12:01:30

Changjiang Commercial Daily News ● Changjiang Commercial Daily reporter Liu Fangyi

It has been four and a half years since Kaiyi Automobile was "received" by Yibin, but it is far from meeting the expectations of the outside world.

Recently, Yibin Times Kaiyi New Energy Technology Co., Ltd. was established, and Ningde Times New Energy Industry Investment Co., Ltd. and Kaiyi Automobile held 51% and 49% of the shares respectively.Moreover, in February 2022, Kaiyi Auto also signed a contract with Huawei as a comprehensive partner.

Kaiyi Automobile was originally the team of Chery Automobile, and together with Huawei and CATL, it can be said that it has a "good hand".

However, the sales volume of Kaiyi Motors is declining against the trend, with sales of 32,900, 33,300 and 20,300 from 2019 to 2021 respectively.

In the first five months of 2022, Kaiyi Automobile sold only 6,807 vehicles, a decrease of 9.22% compared with 7,498 vehicles in the same period of the previous year.

At present, Yibin is building a "power battery capital", and the embarrassing sales volume of Kaiyi Motors seems to be difficult to carry this banner.

Cooperated with Huawei and CATL successively

On June 21, Yibin Times Kaiyi New Energy Technology Co., Ltd. was established, with the legal representative of Qu Tao and the registered capital of 20 million yuan. The business scope includes the recycling and cascade utilization of waste power batteries for new energy vehicles (excluding hazardous waste management); Battery manufacturing; battery sales; new material technology research and development, etc.

It is worth mentioning that the company is held 51% and 49% by CATL New Energy Industry Investment Co., Ltd. and Yibin Kaiyi Automobile Co., Ltd. (referred to as "Kaiyi Automobile").

Ningde Times New Energy Industry Investment Co., Ltd. is a wholly-owned subsidiary of Ningde Times.

In fact, CATL signed a project investment agreement with the Yibin Municipal Government as early as 2019. The two parties will establish a comprehensive strategic partnership to jointly build a new energy industry base in the west.

In recent years, CATL has continuously invested in Yibin, Sichuan, and Yibin has become one of the top ten battery production bases laid out by CATL.

Following the additional investment in December 2021, the investment scale of the Ningde era Yibin production base will reach 56 billion yuan, and it will become one of the world's largest power battery production bases when all completed.

Perhaps because of this relationship, Kaiyi Automobile has entered the Ningde era, and its own background is also very "deep".

On January 2, 2018, Chery Automobile announced that it will transfer 51% of the equity of its brand Kaiyi Automobile at a price of 2.494 billion yuan. The parties will be Yibin Automobile Industry Development Investment Co., Ltd. and Sichuan Yibin Push Group. Ltd., each holding 50.5% and 0.5% of the shares.

At present, among the shares of Kaiyi Automobile, Yibin Automobile Industry Development Investment Co., Ltd. holds 50.85%, Chery Automobile Co., Ltd. holds 47.82%, and Sichuan Yibin Push Group Co., Ltd. holds 1.33%.Sichuan Yibin Push Group Co., Ltd. is a wholly-owned subsidiary of Sichuan Yibin Wuliangye Group Co., Ltd.

The relevant person in charge of Chery Automobile once said that Kaiyi Automobile is the leading engine for Yibin, Sichuan to build a 100 billion automobile industry. Kaiyi Automobile has also received the empowerment of Chery Group and the assistance of the Ningde era in terms of new energy. The main force of Yibin.

On June 22, 2020, Hyunjie, a new compact SUV model of Kaiyi Motors, was officially launched in Chengdu, with a price range of 58,900 yuan to 84,900 yuan.

Yin Tongyue, chairman of Chery Holding Group, once said that the group fully supports Kaiyi and inputs more resources for the development of Kaiyi. In the future, new energy and hybrid models will be added to make Kaiyi an important industry of Chery Group.

Not only that, in February 2022, Kaiyi Auto and Huawei Technologies Co., Ltd. officially signed a contract to become a comprehensive partner. The scope of cooperation includes enterprise digital transformation and the development of a new generation of intelligent networked vehicles.

Be the first to be executed

Chery Automobile, Huawei, CATL... Kaiyi Automobile seems to be wearing "golden armor", but its own sales are not satisfactory.

In recent years, Kaiyi Motors has completed the construction of a smart car factory with an annual output of 150,000 vehicles, and has also obtained dual national passenger vehicle qualifications, becoming the first vehicle manufacturer in Sichuan Province that has the production qualifications for three types of passenger vehicles: sedans, SUVs, and MPVs. car manufacturer.

According to the sales data released by the China Passenger Car Association, Kaiyi Motors sold 32,900 and 33,300 vehicles in 2019 and 2020, respectively.

Kaiyi Automobile once aspired to achieve an annual production and sales target of 150,000 vehicles in 2021, and to compete with joint venture brands in 2024.

In 2021, my country's annual output of new energy vehicles will be 3.677 million, an increase of 152.5% over the previous year.

However, the sales volume of Kaiyi Automobile in 2021 is only 20,300 units, which is not only far from the target, but also decreased by about 40% year-on-year.At the same time, the company has nearly 130,000 production capacity idle.

As the only city in Sichuan Province that has been included in the pilot city of the new energy vehicle battery swap mode application by the Ministry of Industry and Information Technology and the National Energy Administration, Yibin is the backbone of promoting "Electric Sichuan".

According to a report by Yibin Daily in December 2021, by 2026, Yibin will strive to achieve the goal of "production and sales of 500,000 vehicles, 200GWh of power battery production and sales, and an output value of 400 billion yuan", and to build power batteries and new energy sources with world influence Automobile production, research and development, promotion, talent training base, and build a "power battery capital".

As the engine company of Sichuan automobile industry, Kaiyi Automobile naturally falls on its shoulders.

In the first five months of 2022, my country's new energy vehicle sales reached 2.003 million, a year-on-year increase of 1.1 times.

In contrast, in the first five months of 2022, Kaiyi Automobile sold only 6,807 vehicles, a decrease of 9.22% compared with 7,498 vehicles in the same period of the previous year.

The sales volume of Kaiyi Automobile does not even have as much monthly sales as the leading companies in the new car-making forces such as Weilai Automobile and Lili Automobile, and it is difficult to carry the banner of "power battery capital".

On June 22, the delivery ceremony of Hyunjie Pro EV taxis of “Electric Yibin Yixiang Life” was held at Kaiyi Auto, and the first batch of 500 taxis of Hyunjie Pro EV were delivered in a centralized manner.

Delivering 500 units at one time is definitely a "big event" for Kaiyi Auto. In the first five months of 2022, the cumulative sales of Hyunjie Pro EV were only 833 units.

Hu Mingjing, Secretary of the Party Committee of Kaiyi Automobile once publicly stated: "We will strive to achieve high-quality sales of 250,000 vehicles in 2025, of which new energy vehicles account for more than 60%. In addition, to accelerate the layout of overseas markets, Kaiyi will focus on breaking through the Middle East. , Central and South America, Africa, Eastern Europe and Asia-Pacific four major regional markets.”

An industry insider told the Changjiang Business Daily reporter that there are not many car companies that cooperate with industry giants such as Huawei and Ningde Times, and if they want to truly open up the market, they need their own strength to be strong enough. It is already a very difficult thing to follow the growth pace of the new leading car manufacturers."

In addition, it should be noted that on May 20, Kaiyi Automobile was listed as the person subject to execution by the Chongqing No. 1 Intermediate People's Court, with an execution target of 750,000 yuan, and the filing date was May 19, 2022.This is also the first time that Kaiyi Automobile has become the executor.

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