"Chinese car companies should share in some technologies," Li Shufu, chairman of Geely Holding Group, said at a meeting a few days ago. The background of Li Shufu’s statement is that Geely Automobile will jointly establish a technology platform for the first hybrid electric powertrain in China with Keli.
Prior to this, Keliyuan (600478.SH) announced that the company and Zhejiang Geely Holding Group Co., Ltd. signed a "Cooperation Letter of Intent" on September 19, and the two parties agreed to establish Keliyuan Hybrid Power System Co., Ltd. The registered capital of the joint venture company is 659 million yuan, of which Keli is 51% of the shares and Geely is 49%.
Founded in 1998, Keliyuan is a leading company in the field of nickel-metal hydride batteries in China. Dr. Zhong Faping is the founder. In 2011, Keliyuan acquired the Shonan factory in Japan, which supplied batteries for the Toyota Hybrid Prius. Through the acquisition of the Shonan factory, Keliyuan has world-class nickel-hydrogen battery technology.
Luo Li, director of Keliyuan, said in an interview with the Economic Observer Online that the joint venture company will build a national R&D platform for China's hybrid vehicles, using Geely's power split technology, and Keliyuan's battery and electronic control technology for domestic enterprises. Provide a hybrid solution. “Welcome to any domestic car companies interested in hybrid technology to join us, we provide a full set of technical solutions.â€
For a long time, non-plug-in hybrid electric vehicles have always been leading Japanese automakers such as Toyota, with thousands of patents registered. Geely's hybrid technology was rejected when it was registered in Japan. The purpose of the establishment of the platform by Geely and Keli is to combine the two forces to overcome the difficulties of hybrid technology.
Zhang Wei, general manager of Geely Electronic Transmission Co., told Economic Observer Online that the fuel-saving rate of the deep hybrid system reached 40% or more, and the initial cost increased by about 30,000 yuan. The later increase cost could be reduced to 20,000 yuan and provided for three years or 150,000 km warranty. The cost of the higher part than the average car can be balanced in fuel economy, and the mileage of the car is longer and more convenient.
However, due to the major investment matters that constitute Keliyuan, Li Shufu and Zhong Faping jointly established the idea of ​​establishing the first national-level hybrid technology R&D platform, and will wait for the signing of a joint venture agreement with Zhejiang Geely Holding Group Co., Ltd. The voting result of the investment proposal at the Keliyuan Extraordinary General Meeting of Shareholders on November 7.
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