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After Tesla, Joyson Electronics supplies Volkswagen: the order value exceeds 10 billion yuan

On November 3, Volkswagen ushered in the first show of pure electric ID.4 in China. FAW-Volkswagen ID.4 CROZZ and SAIC-Volkswagen ID.4 X have attracted much attention once they were unveiled. This means that Volkswagen, who sits firmly on top of China's fuel vehicles, has taken the "first step" in the electrification transformation in the world's largest new energy vehicle market. It also means that a wave of auto electrification is coming.


As a first-tier component supplier of FAW-Volkswagen, Joyson Electronics (600699), in addition to the battery management system (BMS), also provides safety, network connection, human-computer interaction, charging and distribution for the Chinese version of the Volkswagen MEB platform. Products, etc.


According to reports, the ID. family is built on the Volkswagen MEB platform. This platform has an innovative flat-panel battery module layout, an excellent endurance of up to 550 kilometers, a highly intelligent network connection, and a more flexible modular design. Features. Among them, ID.4 is positioned as a compact pure electric crossover, which is the second MEB platform mass-produced model after ID.3. In addition to the Shanghai plant and Foshan plant, ID.4 will also be put into production at the Zwickau plant in Germany and the Tennessee plant in the United States.


Following the production capacity of Volkswagen’s Anting and Foshan plants, Joyson Electronics’ domestic factories have also gradually increased their production capacity and will support the launch of the new Volkswagen ID.4 X in early 2021. Currently, PREH, a subsidiary of Joyson Electronics, provides BMS products for Volkswagen’s MQB platform and MEB platform ID.4 and other related models, as well as battery management units and battery cell monitoring units. Joyson Electronics is the exclusive supplier of BMS products for mass-produced vehicles on the MEB platform of Volkswagen in China. Only BMS products have accumulated more than 10 billion orders from Volkswagen.


While Volkswagen is rapidly transforming to electrification through the MEB platform, Joyson Electronics, which has been its first-tier supplier for more than ten years, is also accelerating internal collaboration and integration to help traditional car companies in the process of electrification. This time Joyson Electronics A number of products of its various divisions have been successfully "joined together" on the ID.4 models. The subsidiary JOYSON SAFETY SYSTEMS supplies a variety of airbags and seat belt products to the European version and the Chinese version of ID.4 respectively. JOYSONQUIN, both of Joyson Electronics, has recently been engaged in new energy charging and distribution systems. There are many new works, this time ID.4 is provided with on-board charging wall box (smart charging pile) and charging door. More than 10 system software applications developed by JOYNEXT, the intelligent vehicle linkage division completed by Joyson Electronics last year, have enriched the functional experience of the ID.4 digital cockpit, which can be quickly opened through touch and voice recognition. Interaction and networking will become smarter and more convenient.


In the context of the "new four modernizations" (electricity, intelligence, connectivity, and sharing) in the automotive industry, not only are auto companies accelerating the deployment of electrification, but also policies continue to increase.


On November 2, the General Office of the State Council released the text of the "New Energy Automobile Industry Development Plan (2021-2035)". The plan proposes that by 2025, my country's new energy vehicle market competitiveness will be significantly improved. The average power consumption of new pure electric passenger vehicles will be reduced to 12.0 kWh/100 kilometers, and the sales of new energy vehicles will reach 20% of the total sales of new vehicles. Realize the commercial application of highly autonomous vehicles in limited areas and specific scenarios. In 2035, pure electric vehicles will become mainstream new sales models, and the large-scale application of highly autonomous vehicles will be realized.

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