Recently, A123 and Wan Xiangyi won the new order of SAIC General Motors worth more than US$1 billion - 2.6 million sets of 48 volt super LiFePO4 batteries (hereinafter referred to as 48V new products).

A123's reputation in the industry has long been no doubt, he is the world's largest supplier of low-voltage lithium batteries. As early as in 2001, the patented nanophosphate technology was developed under the market, and the requirement for 48V lithium battery at low temperatures and high power characteristics has been continuously improved, requiring a life cycle of 5 years.

Wanxiang Group Wanxiang Group

The A123 also followed the development of a new 48 volt product consisting of 14 8-amp cells, a cell height of 96 mm, a cell power density of 3 kW/kg, and a battery power density of 2 kW/kg. Its successful research and development can save about 15% of the fuel consumption of bicycles. It has played a positive role in energy conservation and emission reduction, and has led the new development of the power battery industry for micro-mixed vehicles.

It is also the 48-volt super lithium iron phosphate battery that this cooperation order with SAIC.

After Wanxiang Group acquired A123, A123 exerted its unique product advantages and quickly opened the Chinese market. At the same time, bilateral R&D resources have been integrated and the technology has further advanced.

In the new energy automotive industry, the core of electric vehicle safety is the safety of the battery. Although lead-acid batteries currently dominate the battery market, part of the reason is that lithium batteries will fail in cold environments. In 2015, A123 launched the Ultra Phosphate, a low-voltage lithium-ion battery, which can release more electricity than lead-acid batteries at a temperature of minus 30 degrees Celsius. A123 hopes to find a breakthrough in lead-acid battery manufacturing and bring new Market positioning.

At present, the main products of Wanxiang Yisan Company are divided into four major blocks, of which the most important one is the hybrid battery, including 12V start battery and 48V micro hybrid battery.

A123 developed 48 volt new products. The product consists of 14 8-amp cells, with a cell height of 96 mm, a cell power density of 3 kW/kg, and a battery power density of 3 kW/kg. Although the volume is small, it can save about 15% of the fuel consumption of bicycles. It has played a positive role in energy conservation and emission reduction, and has led the new development of the power battery industry for micro-mixed vehicles.

This time, in the fierce competition with Bosch and CATL, it successfully won a new business with a total value of more than 1 billion U.S. dollars, of which 7,000 U.S. dollars have been confirmed, and the maximum project value may reach 1.4 billion U.S. dollars. In Europe, A123 received low-voltage battery orders from Jaguar Land Rover and Fiat. In another development, A123 has recently signed R&D contracts with 8 companies worldwide.

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