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Problem-ridden ZTE High Energy, deep in shutdown and dissolution fiasco

Chery, Hanteng, Geely, Zotye and other car companies that have cooperated with ZTE High Energy have been shivering.

Recently, ZTE High Energy Technology Co., Ltd. has been caught in a storm of dissolution and shutdown. Related sources said: "last year, the capital chain has been very tense, it is not easy to hold on to October this year, the results appeared to crush the camel's last straw, directly flattened".

In addition, social media circulated a suspected ZTE High Energy Procurement Department sent to partners to inform the e-mail, the e-mail shows: "The current ZTE High Energy production and operation of serious difficulties, has now temporarily stopped production and operation, please your company immediately in accordance with our notice to stop with our corresponding material procurement, production and shipment of all activities, immediately take relevant measures and Reduce losses."

The "last straw that broke the camel's back" refers to the recent fire at Weimar, where a Weimar EX5 was found on the night of Oct. 27 in Beijing. Weimar EX5 caught fire and exploded at the Institute of Mechanics of the Chinese Academy of Sciences in Beijing.

The next day, Wilma Automobile issued a recall announcement, said that from now on to the user to take the initiative to recall June 8, 2020 to September 23, 2020 production of 1,282 units of Wilma automobiles, and will authorize dealers for the recalled vehicles for free to replace the other electric core brand of the power battery pack. It is understood that the recalled models are equipped with ZNP3914895A-75A power battery, which is produced by ZTE High Energy.

Weimar's explanation for this is that after technical analysis and repeated verification, this incident is due to impurities mixed in the production process of the battery cell supplier, resulting in abnormal lithium precipitation of the power battery, which in extreme cases may lead to a short circuit of the battery cell, triggering thermal runaway of the power battery and the risk of fire, a potential safety hazard.

Subsequently, ZTE High Energy replied on WeChat.com that the vehicles involved in the two Weimar car fires in Shaowu City, Fujian Province, on Oct. 5 and Oct. 23 carried ZTE High Energy batteries, and that the vehicle that caught fire on Oct. 27 didn't carry ZTE High Energy batteries.

We don't know the exact cause of the fire, but we're afraid that after this incident, it will be difficult for ZTE to continue to work with such a big customer as Wilma. It's worth noting that, in addition to the cooperation between WEMA and ZTE High Energy, the company also includes Chery, Hanteng, Geely, Zotye and other car companies.

It is understood that in 2019 Wilmar Automobile and ZTE High Energy began to cooperate, and up to now a total of more than 3,000 cars have been loaded to Wilmar Automobile. GaoGong Industry Research Institute (GGII) analysis report shows that ZTE High Energy in June supporting 525 Weimar EX5, the battery installed capacity of 27.4MWh; in July supporting 705 models, the battery installed capacity of 37MWh; to August the data reached 816 units, the battery installed capacity of 43.01MWh.

The report said that thanks to the supporting Weimar electric vehicles, ZTE High-energy in August this year for the first time into the 2020 passenger car monthly installed capacity of TOP 10, with a single month installed capacity of 43008KWh successfully among the top 10 passenger car power battery installed capacity, ranked 9th.

Enterprise search shows that ZTE High-energy is a wholly-owned subsidiary of the new energy sector of ZTE Corporation, focusing on the research and development, production and sales of power batteries for passenger cars, to provide advanced power battery solutions for green transportation. power battery solutions for green transportation. In addition, through big data analysis, ZTE founder Hou Weigui suspected actual control of ZTE High Energy.

Battery safety has always been the focus of discussion, even if the back of the tree, ZTE High Energy should be "safety first". "Easy to lose, hard to gain." The crisis of confidence caused by ZTE High Energy, and how long it will take to dissolve?

This article comes from the author of the automobile home car, does not represent the views of the automobile home position.