On March 10, Minth Group’s Loznica factory in Serbia held an opening ceremony. The main products of the factory are aluminum alloy battery boxes and accessories.
It is understood that the Loznica factory of Minth Group covers an area of 280,000 square meters. The main products are aluminum alloy battery boxes and accessories. The main customers include Renault, Volkswagen, BMW and Mercedes-Benz, etc. The planned total investment is 300 million euros. It is estimated that in 2025 It will create more than 1,000 local jobs.
It is understood that the project started construction in April 2019 with a total investment of 100 million euros (equivalent to about 693.8 million yuan).
Regarding the battery box, as a vehicle electrification and intelligent transformation, it is used to replace the traditional engine and become the carrier of the new energy vehicle power battery. It is often installed at the bottom of the vehicle and mainly plays the role of sealing, heat dissipation and safety protection for the battery. . In recent years, with the gradual increase in the sales of electric vehicles, the market size of battery boxes is also ushering in a rapid increase. Minth Group has been actively deploying, and has successively built battery box-related parts and components projects in many cities in China.
Among them, Minth Group Automobile Core Parts Industrial Park is located in Jiaxing Science and Technology City. The industrial park covers an area of 300 mu, with a planned total investment of 1 billion yuan. It is expected that the sales value will exceed 2 billion yuan after it is put into operation. It is an important area for the future development of Minth. A number of auto parts manufacturing projects have been set up in the park, mainly engaged in the research and development, production and sales of high-performance motors for new energy vehicles, automotive after-sales service parts and other auto parts.
In September last year, Zhejiang Minth Technology Co., Ltd., a subsidiary of Minth Group, started construction of a project with an annual output of 120,000 sets of new energy vehicle battery boxes. The project covers an area of 93.51 mu, with a new plant and office space of 93,550 square meters, with a total investment of 400 million yuan. After the project is put into production, it will form a production line project with an annual output of 120,000 sets of new energy vehicle battery boxes, with an estimated new sales income of 800 million yuan.
In October of the same year, Minth Group invested another 1 billion yuan in Shenyang to build Minth Group’s global new energy vehicle core component R&D center and regional headquarters, and to build a national-level new energy vehicle core component “lighthouse factory”.The project plans to build a new smart factory, add 4 new energy battery box production lines, and build a smart factory covering the entire product life cycle, mainly providing new energy vehicle battery boxes for BMW Brilliance.
In addition, in terms of materials, Minth Group has completed the research and development of high-strength aluminum materials with a yield strength of 250MPa, becoming the only structural aluminum material in China that can meet static crushing, dynamic impact and bending performance on the basis of breaking through this yield strength. Reach the advanced level of international counterparts. The further high-strength aluminum material with a yield strength of 280MPa is also expected to achieve mass production this year.
Based on the technological breakthrough of aluminum materials, Minth Group has further made breakthroughs in its core technologies such as surface treatment technology, molds, manufacturing processes, etc., and thus formed a complete and self-controllable product system of high-performance aluminum materials. Provide a strong core competitiveness for its battery box products.
It is understood that Minth Group is one of the top 100 auto parts design and manufacturing enterprises in the world. It has a global production and R&D layout, and has introduced a large number of advanced production lines and production processes to provide products for and establish with many world-renowned auto manufacturers. a strategic alliance.
In addition to the domestic market, Minth Group is also accelerating its overseas deployment. Official information shows that its overseas factories are located in Germany, Serbia, the Czech Republic, the United States, Mexico, the United Kingdom, France, Thailand and other places, and the battery box business unit is covered by the Serbian production base to cover the entire European market demand.
Recently, Minth Group has once again won an order of tens of billions of battery boxes for the next-generation electric platform of a luxury brand in Germany. As one of the top 100 global auto parts suppliers for several consecutive years, Minth Group is not only one of the world’s largest suppliers of automotive exterior parts, but also one of the world’s largest suppliers of aluminum battery boxes.
Up to now, it has covered the domestic and overseas battery box business of almost all the world’s well-known car companies, and has acquired Tesla, Mercedes-Benz, BMW, Volkswagen MEB, Honda, Nissan, Renault, Ford, Volvo, CATL and many other international car, battery Manufacturer’s approval. It is reported that the sales of Minth Group’s battery box business unit in five years exceeded 50 billion yuan.