ZEEKR 2022 Supplier Conference Successfully Held

2023-02-23 | VREMT

On February 21st, the 2022 Supplier Conference of ZEEKR was successfully held in Quzhou, Zhejiang. Xu Zhangyan, Deputy Secretary of the Quzhou Municipal Party Committee and Mayor, An Conghui, President of Geely Holding Group and CEO of ZEEKR Intelligent Technology, Xie Shibin, Vice President of ZEEKR Intelligent Technology and General Manager of VREMT, Cui Li, Supply Chain Manager of ZEEKR Intelligent Technology and Deputy General Manager of VREMT, as well as leaders from relevant departments of the Quzhou Municipal Government, management of ZEEKR Intelligent Technology and VREMT attended the conference.

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The conference, with the theme of “Gather New Energy, Start New Journey”, invited over 600 supplier representatives from around the world to attend, witnessing the business achievements of ZEEKR and VREMT in 2022, and discussing the trends of new energy vehicle development and win-win cooperation in 2023. The conference also recognized and commended outstanding suppliers for their performance in 2022.

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During the conference, Xu Zhangyan, Deputy Secretary of the Quzhou Municipal Committee of the Communist Party of China and Mayor of the city, delivered a speech, stating that the cooperation between Geely and Quzhou began with sincerity and is based on trust. He also expressed the hope that Quzhou will take Geely as a bridge and take advantage of the supplier conference to invite market entities to come to Quzhou, understand Quzhou, and seek cooperation opportunities and a better future together in Quzhou with the best environment and optimal policies.

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(Xu Zhangyan, Deputy Secretary of the Quzhou Municipal Committee of the Communist Party of China and Mayor of Quzhou)

An Conghui, President of Geely Holding Group and CEO of ZEEKR Intelligent Technology, expressed sincere gratitude to the leaders of Quzhou Municipal Party Committee, Municipal Government, Municipal Political Consultative Conference, as well as representatives from various levels of Party Committees, governments, and suppliers. At the same time, he pointed out in the strategic planning that 2023 is a crucial year for the implementation of ZEEKR’s key strategies. This competition in this year will be extremely fierce, with elimination rounds sweeping in. The industry is facing the greatest challenges ever, and it requires all partners to gather their energy, continue to sprint at full speed, like a hundred-meter dash, in order to achieve the final victory.

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(An Conghui, Geely Holding Group President and CEO of ZEEKR Intelligent Technology)

In cooperation, both parties should also adhere to mutual learning, complement each other’s strengths, and progress together. ZEEKR has always treated suppliers as strategic partners for symbiosis and win-win cooperation, insisting on equal dialogue, mutual assistance, and common development, and traveling together in the fierce industry competition.

Achieving Success in Adversity

In 2022, against the backdrop of the global pandemic, various industries have been affected to some extent, especially the entire new energy vehicle industry, which is facing unprecedented challenges. Faced with a rapidly changing market, new energy vehicle companies are competing in areas such as product development, supply chain management, and manufacturing, with increasing industry pressure. However, it is in this environment that VREMT has remained steadfast in its goals, working hard and adhering to independent research and development, uniting upstream and downstream companies, continuously improving production capacity, ensuring quality, and fully empowering the development of ZEEKR. Xie Shibin, Vice President of ZEEKR Intelligent Technology and General Manager of VREMT, shared the business situation of VREMT. He said, “VREMT will celebrate its 10th anniversary in 2023. From a team of dozens of people at the beginning, it has gradually developed into a team of thousands of people, with a large number of R&D talents, industry experts, and management elites who have fought for the development of new energy. We have developed and implemented many new energy products, serving both whole vehicle and non-whole-vehicle customers, and have formed a number of leading-edge technological reserves in the industry! In the past 2022, through the joint efforts of our colleagues and the strong support of our partners, VREMT’s core three-electric products have entered the top ten in the industry, with revenue exceeding 13 billion yuan, an increase of over 400% year-on-year”.

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(Xie Shibin, Vice President of ZEEKR Intelligent Technology, General Manager of VREMT)

VREMT currently has five business divisions engaged in the development of battery cells, batteries, electric drives, electronics, and energy storage businesses; the sixth equipment division is currently in the planning and implementation stage. VREMT has established three major bases in Ningbo, Quzhou, and Hangzhou, with the Quzhou and Hangzhou bases currently under construction and expected to start production in the second half of this year. In terms of battery product development, VREMT adheres to the path of independent innovation and platform development, gradually transitioning from the 400V platform to the 800V platform. In terms of electric drive product development, VREMT is committed to improving the overall success rate and efficiency of electric drive system products. Through the combination of single motor and multi-motor products, VREMT continues to create industry-leading 800V electric drive system products. In terms of charging product development, VREMT focuses on developing core technologies such as basic charging and storage modules, ultra-high voltage conversion, and network control. It has achieved comprehensive technical leadership in the field of ultra-fast charging and will fully apply the multi-combination products developed in 2023 to ultra-fast charging station construction, meeting the flexible customization needs and balance of benefits for different customers. In terms of energy storage product development, VREMT has a mature development team and focuses on hardware, software, and algorithm layout. It conducts full-stack development from energy storage components to large-scale energy storage, from household energy storage to commercial energy storage, and strives to create a smart energy system. In terms of battery cell development, VREMT combines industry development trends and focuses on the development of lithium iron phosphate battery cells with fast charging performance, while also considering performance indicators such as energy density. The comprehensive test performance is at the industry-leading level. 2023 is a crucial year for VREMT as we strive towards our goal of reaching one hundred billion. Let us unite more closely, under the strategic guidance of our leaders and with the strong support of our supply chain partners, to explore innovation, overcome challenges, and achieve our established objectives together, laying a solid foundation for our one hundred billion strategic goal!

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Work Together to Create a Comprehensive Value Supply Chain System

In 2022, ZEEKR 001 exceeded its annual delivery target, with a total of 71,941 units delivered throughout the year. Meanwhile, VREMT produced and delivered 217,000 battery packs (excluding 109,000 battery packs shipped as spare parts for Volvo) and 120,000 electric drive products. In September, the Battery Division achieved a monthly record of over 30,000 PACK units. On December 1st, the Battery Division completed the production of the 200,000th PACK unit in 2022, with a total of over 300,000 units produced in history. It took 3 years to reach the first 100,000 units and only 11 months to reach the next 200,000 units. On December 8th, the Electric Drive Division completed the production of the 100,000th electric drive unit. The rapid development of ZEEKR and VREMT would not have been possible without the strong support and collaboration of our suppliers. However, the rapid growth also means greater demand and higher requirements for the supply chain.

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Cui Li, the supply chain leader of ZEEKR Intelligent Technology and vice general manager of VREMT, provided a detailed explanation on the cooperation concept, requirements, common action goals, and plans with suppliers, focusing on the construction of the supply chain system for ZEEKR New Energy and VREMT. The common goal of the cooperation is to build an efficient, collaborative, open, competitive, and sustainable supply chain ecosystem, laying the foundation for a supply chain capability of billions of value. Faced with complex and changing markets and environments, tasks and challenges, we cannot fight alone, but need to enhance our cohesion, combat effectiveness, and competitiveness through collaboration and cooperation. VREMT and supplier partners should focus on customer-centricity and win the battles of technology, cost, quality, service, and brand. In the cooperation, we must adhere to compliance bottom lines and focus on controlling and supervising anti-bribery and anti-corruption, data and information security, and international trade compliance in order to establish a sound and long-term business partnership, safeguard the legitimate rights and interests of all parties in business transactions, and create a fair, just, clean, and trustworthy business environment together.

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(Supply Chain Manager at ZEEKR Intelligent Technology, Deputy General Manager of VREMT)

In the future, VREMT will continue to innovate in the field of new energy vehicle powertrain systems, charging systems, industrial energy storage systems, etc. We will deepen cooperation with suppliers and partners, promote synergy in the field of sustainable development, and realize the corporate vision of "cleaner energy, healthier world". We will build a comprehensive and all-scenario technological layout for new energy vehicles and industrial energy storage, and strive to become a comprehensive energy company that understands user experience better.

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