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The energy density of the battery cell reached 302Wh / kg, and the cycle number exceeded 1500 weeks. According to people familiar with the matter, "At present, the product is in the stage of product verification and is expected to be loaded at the end of 2020."
According to the statistics of the Power Battery Application Branch, the installed capacity of power batteries for new energy vehicles in China is about 62.18GWh in 2019. Among them, the installed capacity of Guoxuan Hi-Tech Power Battery is about 3.31GWh, the domestic market share is 5.33%, and the installed capacity ranks third in China, second only to the CATL and BYD. In terms of battery materials, Guoxuan Hi-Tech's installed capacity of lithium iron phosphate batteries in 2019 is 2.9GWh, ranking second in the country.
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