Nevertheless, the torch is still a long experience of high-tech nickel-metal hydride battery R & D and production. It is understood that the torch high rechargeable Ni-MH battery research for nearly 20 years. Since 2000, companies focused on developing nickel-hydrogen, in 2006 developed the “use of hybrid cars Research on nickel-hydrogen battery and development” projects as key components of electric vehicles.

And from 2006, the company receiving country 3 years and 9 million of research funding grants, began to take on development of battery power and research. Torch Hi-Tech is currently the main production of toys and electric power tools with nickel-metal hydride. Torch High-tech 2008 revenue of 13.87 million yuan, up flat; operating loss of 4.63 million, an increase of 1.25 million deficit in the Currently the company has an annual production of 20 million Ah capacity nickel-hydrogen PA3399U-2BAS PA3399U-1BRS battery.

The torch has now become the research with high energy battery and development area, the company has developed very rapidly, is the design, research and Battery Power Development 150000 km. March 3, the torch high-tech securities on behalf of Guo Yi Hang on “newspaper investors, said that currently the new energy vehicles in the nickel-metal hydride, but also some of the products laboratory, no large-scale production, it has not contributed significantly to the company performance.

However, the High-tech Torch still plans to invest in the expansion of nickel-metal hydride, for investment in strengthening the annual production of 363 million plans Ah nickel-hydrogen battery Expansion Project the proposed total investment of 1.315 billion yuan.

According to the announcement shows that the project into two phases by the end of 2009 with an investment of 338 million is expected to start production by the end of 2010, adding 80 million Ah capacity The total production capacity reached 100 million Ah, two years of construction in 2011, the new 617 million yuan, the new 263 million Ah, the total production capacity amounts to 363 million Ah, to 50 million vehicles to use. Function of the rapid development of new energy vehicles in Japan’s investment in related businesses, the majority of investment and focus on areas of lithium Latitude D510 battery Latitude D520 battery batteries.

According to economic forecasts Fuji Japan, the current nickel-metal hydride will continue until 2011, starting in 2011, lithium batteries will start to gradually replace the nickel-metal hydride.

The data show that the estimated agency nickel-hydrogen car in 2009, the cell size of the global scale compared to 2008 increased by 23.7% to ¥ 92,000,000,000, but the car battery nickel-hydrogen in 2015, the market size will increase to 55 billion Japanese yen, nearly half of the decline.

According to the current vehicle of China a dynamic development trend, the torch high-tech nickel-metal hydride while the adoption of six national certification automakers, but has received no orders, it is was in the performance reports did not see red the main reason. 361742-001 371785-001

Meanwhile in the latest global technology road vehicle battery and the lithium-ion batteries to accelerate the industrialization process in the case, the torch high technology development program can be achieved? Although the implementation of the program, investment recovery more difficult than before the increased number of higher risk factors.

But at the same time, the High-tech Torch some of their own development opportunities.

December 10 last year, the meeting of the Executive Council of State said that in five cities on the private purchase of energy saving and new energy vehicles to provide grants for the pilot. Everbright Securities based projections, in 2010 the first batch of 50,000 pilot-scale subsidies on the new energy vehicles in 2011 should begin 15 to 20 cities, power generation new car will reach 200,000 or more. Sony VGP-BPS8 Sony VGP-BPS8A

Consequently, EMC stock judging, the car battery Ni-MH will account for more than 80% market share in the torch of high tech nickel-metal hydrides as large companies are expected by 2010 to 2011 deliveries of nickel-metal hydride, will reach 8500 units and 40,000 units. Can withstand the test to determine if this? Need time to prove it.