As the third-largest market capital automobile company in China, NIO’s every move has attracted the market’s attention, including the official announcement of pursues Hong Kong and Singapore secondary listings recently, and Beijing WeLion New Energy, which was rumoured to be cooperating earlier, has officially started construction for the 100 GWh project.
Beijing WeLion New Energy Technology, situated in Beijing, was created in 2016 to develop and manufacture hybrid electrolyte lithium-ion batteries and all-solid-state lithium batteries. Despite the fact that NIO and WeLion have never revealed the battery’s manufacturer, according to a report by tech media source 36kr, the supplier is Beijing-based WeLion.
Beijing will push the building of the first phase of WeLion’s solid-state battery project, according to a list of essential targets in the 2022 Beijing Municipal Government Work Report, which was posted on the city government’s website on January 30. Thus, Last week, WeLion began construction on a 100 GWh solid-state lithium battery facility in Shandong, China. According to the business, Shandong boasts China’s greatest safety factor and energy density.
The project, which encompasses 366,666 square meters of land, has a total investment of RMB 40 billion, of which RMB 10.2 billion was committed in the first phase. Its first phase design capacity is 20 GWh per year of hybrid solid-liquid electrolyte and all-solid-state batteries, with manufacturing starting this year. The NIO on solid-state battery application will be used for the ET7, the company’s flagship vehicle. Last year at the NIO Day 2020 event, NIO said that the model will be available in a 150 kWh solid-state battery version starting in the fourth quarter of 2022, with a NEDC range of 1,000 kilometres. WeLion’s products perfectly fit the requirement and delivery time of NIO. It is believed that soon they will officially reveal the cooperation.