文 | 24潮

hanle4niandedayuanzhudianchiliangchanshidaisihuzhendeyaolaile。

9yue15rixiaoxi，tesilaxuanbudi1yike4680dianchizhengshixiaxian。tesilaceomasikeyefawenzhuheleqidianchituandui。erzaisangeduoyueqian（6yue6ri），tesilacaixuanbudi5000wanke4680dianchixiaxian，keyishuojin3geduoyuechanliangjiufanleyifan。

juxi，tesilayijingzaiqidezhouchaojigongchangshixianle4680dianchideguimohuashengchan，bingjihuajinyibukuodachanneng，zaineihuadagongchangtouzikuojian，yongyushengchandiandongzhongkasemihe4680dianchi，dianchichannengguihuadadao100gwh。tesilahaiyougengdadechanyeyexin，weilaiqi4680dianchichannengjiangtishengzhi1000gwhyishang，qizhangqichannengmubiaoshenzhidadao2twh、3twh。

erzaiyigexingqiqian（9yue9ri），songxianengyuanyexuanbuyiwei4680yuanzhuqichedianchideliangchanzuohaozhunbei，hegeshangongchangjingguogaizao，jiangchengweigaidianchidezhuyaoshengchandi。songxiafangmianhaijuxinglekaichanyishiyijinianzheiyishike。zaizuizhongpingguhou，liangchanjiangzhengshikaishi。

zaiguonei，yiweilinenglvxianshixiandayuanzhudianchiliangchanjiaofu，jiezhi2024nian6yue18ri，gongsiyileijiwancheng 21000taijiaofu，qizhong13000taicheliangwendingyunxingchao1000gongli，zuizhanglichengda83000gongli。2024nianshangbannianyiweilinenghaituichuledayuanzhuomnicelldianchi，jubei6ckuaichongnengli，keshixian5fenzhongxuhang300gongli，diwenhuanjingxiaxuhangtisheng20%，diwenjiasuxingnengtisheng100%。

“dantinengliangtisheng5bei，xingshilichengtigao16%；weilai，suizhedianchicailiaoheqicheshejidegaijin，jiangshixuhanglichengjingzengjia56%，shengchanchengbenxiajiang54%。” zheishi4nianqian（2020nian）tesilazaiqi “dianchiri” shanggongbude4680dayuanzhudianchiyixiliehexinshuju，zhenhanyejie。

erzai2022nian9yue，baomajituanyexuanbucong2025nianqizaiqixinshidaichexingzhongshiyong46xiliedayuanzhudianchi，bingxianhouyuguoneidianchichangshangyiweilineng、ningdeshidai、yuanjingdonglidacheng46xidayuanzhudianchidegongyinghezuo，leijitigongchaoguo100gwhdedingdanliang。tesilahebaomadengguojicheqijutouduiyu46xiliedayuanzhudianchidemingquexuqiushiqichengweileyizhongxinfengxiang，cihoubenchi、tongyong、baoshijie、woerwodengcheqijutouyedoufenfenxuanbuweilaijiangshiyonghuokaolvshiyongdayuanzhudianchi，douxiwangzaixiayidaichexinghedianchishejishangzhengquzhudongquan。

donglidianchiyizhishidianchedexinzang，tesilafaqide4680dianchiziranbeishiweicheqijutoumenzhangkongzishenmingmaideqiji。

xianran，zheihenkenengshiyichangjuedingweilaishinianquanqiudonglidianchi，naizhichunengdianchichanyexingejudeguanjian “zhanzheng”。

zaiguoqujidangdeshijinianjian，zhongguolidiancongxingyezhuiganzhechengweilechanyeyinlingzhe，zheijishiyibubuqubunaodefendoushi，yeshiyibuyongbutingxiedechuangxinshi。zaijishuweiwangdeshidai，zuigaoxiaodeshangyemoshishishenme，jiushimeiyigeqiyejizhongsuoyouliliangyuyigedianjinxinggongjian，zuizhonggongtongwanchengchanyeliandechuangxin。zheiyizhongmoshi，zaidangjindebandaoti、xinpian、xinnengyuandenglingyurengzaihonghonglieliedishangyan。

zongguanshijiedianchifazhanlishi，meiyidaidianchijishudechengshufazhanheshangyehuayingyongjunxuyaojingguoshushiniandeyanzheng。shixia，lidianchichanyejinruxinyilundejishudiedaiqi，youdaolejuedingxiayigeshinianchanyexingejudelishiguanjianjiedian。

yiweilinengdongshizhangliujinchengcenggongkaibiaoshi，“dayuanzhudianchichengweixingyedewangzhe，yijingchulushuguang。” bikedianchifuzongcaifanwenguangzai23nian4yueyebiaoshi，“dayuanzhudianchideliangchan，yijinrudaolimingqiandegongjianjieduan。”

fanwenguangrenwei，zuoweiweilai5-10nianneizhonggaoduandiandongchedezuiyoujiehediandongqicheshentoulvdetupokou，2025nianzhongguodayuanzhudianxinshizhanlvjiangchaoguo30%，chaoguo2021nianquanqiuzongxuqiuliang。dayuanzhuzhi “da” bingbuzhizaiyudianchichicun，gengzaiyubuzizhida、qianjingzhidahetiaozhanzhida。

zonghegequanshangyanbaojixiangguangongsigonggao，yuji2025niandayuanzhudianchishichangxuqiuzai144.2gwh-235gwh；qizhonghuataizhengquanfenxirenwei，2027nianquanqiudayuanzhudianchizhuangjiliangyouwangdadao429.0gwh，duiyingzongtishichangguimojiangdadao2144.8yiyuanrenminbi。

rujin，ningdeshidai、yiweilineng、songxia、lgxinnengyuan、sanxingsdi、bikedianchidenghaineiwaidianchijutoumuqianyefenfenxiachang，zhongjinbujudayuanzhudianchilingyu，jiasudayuanzhudianchichanyehuajincheng。jubuwanquantongji，muqianquanqiuyiyouchaoguo50jiaqiyebujudayuanzhudianchichanpinbingjinxinglechannengguihua，qizhongdagwhjibiechannengguihuadeqiyechao15jia。qizhong，tesilaheyiweilinengdeguihuachannengfenbiedadao210gwhhe130gwh，ningdeshidai、songxia、sanxingsdi、yuanjingdonglihebikedianchideguihuachannengjunchaoguo 30gwh，bingyiyoumingquedemubiaokehu。

haowuyiwen，“dayuanzhudianchi” deshidaixumuyijingkaiqi，zonghechanyefazhanqushifenxijipanduan，weilaisheinenggengkuaisuqiegaoxiaodiwanchengchanyebuju，kenengjiangchengweijuedingzheiyangxinjishuzhanzhengchengbaideguanjian。

01 战略优势与市场空间分析

ruguoanzhaofengzhuangxingshilaihuafen，lidianchikeyifenweifangxing、yuanzhu、ruanbaosanzhongxingtai，congjishujiaodukan，sanzhongxingtaidedianchigeyouqianqiu，qiegeyoulieshi。

jinnianzainingdeshidaihebiyadidengtoubudonglidianchiqiyedaidongxia，fangxingdianchiyizhizhanjujueduizhudaodiwei，genjugaogonglidian，2023nianguoneidonglidianchizhong，fangxing、yuanzhu、ruanbaodechuhuoliangzhanbifenbiewei93.6%、3.4%、2.9%。

danshishishang，tongguojishujishujufenxi，dayuanzhudianchizaijingjixing、anquanxinghehuishouliyongjiazhidengfangmiandougengjumingxianyoushi。biruzaijiangbenfangmian，46xiliedianxintijibianda，xuyaodedianchidantishuliangxiajiang，hanjiepeijianxiangyingjianshao，tigaodianchichengzuxiaolv，jianhuabmsguanlinandu；erzaixingnengfangmian，jiaodachicunshidejinshuwaiqiaozhanbijiangdi、zhengfujihuoxingcailiaodebilishangsheng，nengliangmidutigao；ciwaiquanjierjishudeyingyong，yikesuoduandianzilujing，jiangdidianchineizu，jianxiaochongfangdianguochengzhongdesunhao，tishengfangdianxiaolv。

keyishuo，jihushitesilapingjieyijizhili，kangqile “dayuanzhudianchi” jishujichanyehuajueqidedaqi。

zongguanyuanzhudianchichanyehuajincheng，cong1991niansuonigongsifamingshoukuanshangyehualidianchi—18650yuanzhudianchiqi，daoyuanzhudianchishouciguimohuayingyongdiandongqiche，jiuyonglejin17nianshijian。

shijianhuibodao2008nian，tesilashoukuanhaohuajiaopaoche roadsterzhengshishangshi，qidazaidedianchishisongxiashengchandejin7000keyuanzhudianchi，kaichuangdiandongqicheyingyongyuanzhudianchidexianhe。

cihou，tesilayusongxiachixutuijindayuanzhudianchichanyehuajincheng，daole2017nian，tesilayouyusongxialianhetuichu21700yuanzhudianchibingdazaiyumodel 3zhong，gaidianchicaiyongnca+shaoliangchanguifujifangan，dantirongliangjiao18650dianchitishengyue50%。

zhidao2020 niantesilazaiqi “dianchiri” shangzhengshigongbule4680dayuanzhudianchizheiyichuangxinchanpin。jujieshao，4680dianchishiyizhongxinxingdayuanzhudianchi，zhijing46haomi，gaodu80haomi。dantinengliangfangmian，tesilaxuancheng4680dianchishixianyou2170dianchidewubei。tesilabiaoshi，xiangbi2170dianchizu，4680dianchizujiangshicheliangdexingshilichengtigao16%。weilai，suizhedianchicailiaoheqicheshejidegaijin，jiangshixuhanglichengjingzengjia56%，shengchanchengbenxiajiang54%。

genju36kebaodao，tesiladeganfadianjijishu，bujinkeyiyongzai4680shang，yeshiweilaigutaidianchidezhongjishengchanfangshi。zheiyijishukeyijiangzhengtiaochanxiansuoduanyue100mi，jiejinyigezuqiuchangdezhangdu。youxingyerenshigaosu36ke，zhengfujiquanbuyongganfazhizao，danwashidedianxinjiagekeyijiesheng2-3fenqian。

zheishishenmegainian？dangxiafangxinglinsuantielidianxindezuidibaojiaweimeiwashi0.32yuan，qizhongbomchengbenyuzhizao、rengongdenghejijiuyao0.28-0.3yuan。tesilajieshengchulaidebufen，yijingshidabufenerxiandianchichangdelirunsuozai。

xianran，zheiyichanpinyidanshixianliangchanjiangweitesilagouzhujudadejishuyuchengbenyoushi。

womenjinyibufenxishujuhuifaxian，4680dayuanzhudianchibenzhishidianchijiegoudeyouhua，nenggouzuodaodaronglianghegaonengliangmidudetongshi，jianjusanrejia、jichengdugaodeyoudian，danduicailiaotixi、shengchangongyijishebeidoutichugenggaoyaoqiu。xiangjiaoyufangxing、ruanbaofengzhuang，shengjihoudedayuanzhudianchizaidonglidianchilingyuyoushimingque，zhuyaotixianzaiwugefangmian：

shouxian，zaianquanxingfangmian，dayuanzhudianchishimuqianjizhongzhuliudianchixingtaizhonganquanxingzuigaode，yinqiyinglijunyun，sanrexingnenghao，dianxinshuliangxiajiangyuwujiershejidengjiangdiledianchidereguanlinandu，diejiaxieyafa、jichengjiegoujiandengjishuzengqiangledianchibaodejiegouqiangdu；

zaikanxingjiabifangmian，youyugongyijiandan、gaodubiaozhunhua、zaizhengbaocengmianjiegoujianjianshao、chengzujiandandengyinsu，dayuanzhudianchizaizhengtichengbenshangjubeiyidingyoushi；

qicizaixuhangfangmian，dayuanzhudianchidegaoanquanshangxianshideqikeyizhichigaoniesanyuan、guijifujidenggengweijijin、genggaonengliangmidudehuaxuetixi，jutesilashuju，xiangbi21700dianchi，4680dianchidedantidianxinrongliangtigao5bei，xuhangtigao16%；

erzaishiyongshoumingfangmian，sanyuandianxinsuiranxunhuancishuxiangduijiaoshao，danshiyinweigaonengliangmidu，nengliangtuntuliangherilishouminggao，yinciqizaishiyongshoumingshangbingbucunzailieshi；

zuihouzaikuaichongfangmian，yinweicaiyongwujierjishu，suoduanledianzidianliuzaidianchizhongdeyidongjuli，congerdafutigaochongdiansudu。yeneirenshifenxizhichujiyudayuanzhudegaoanquanxing，shitachengweidazaijiangugaonenglianghechaojikuaichongdezuijiazaiti。dayuanzhudianchinenggouzaibaozhanganquanhezugoudexuhanglichengdetongshi，jinyibutishengkuaichongxingneng，zhulidiandongcheshiyongtiyanpimeiranyouche。

genjuhuataizhengquandeyanjiu，dayuanzhudianchizaidiandongqichelingyuyoushixianzhu，youwangchengweizhonggaoduandiandongchedezuiyoujie。shishishang，donglidianchijinliangniandaliangxinjinruzhezhuyaocongdazhongxingchanpinzuoqi，chixujiamachannengdaozhitongzhihuajingzheng、diduanchannengguosheng，erzaizhonggaoduandianchifangmian，queshichengxianchu “gongbuyingqiu” dequshi。

muqianchuletesila，baoma、meisaidesibenchi、tongyong、baoshijie、woerwodengcheqijutouyedoufenfenxuanbuweilaijiangshiyonghuokaolvshiyongdayuanzhudianchi，douxiwangzaixiayidaichexinghedianchishejishangzhengquzhudongquan。

qizhongbaomajituanshilingyijiamingquejiangdayuanzhudianchishiweiweilaizhuyaojishufangxiangdecheqi，jiangyongyuqixinshidai(neue klasse)chexingjiagoudechundianchexing，qiciqianxuanyongdejishuluxianzeshifangxingdianchi。

2022nianxiabannian，baomajituanfenbieyuningdeshidai、yiweilineng、yuanjingdonglidachengdayuanzhudianchidianchicaigouhetong。sanjiadianchigongyingshangjiangfenbiezaizhongguo、ouzhouhebeimeijianlidianchigongchang，weibaomajituangonghuo。zongtiguimoda110gwh，anzhaochundiandongqichedonglidianchirongliangzai60-90kwhfanweijisuan，manchanhouzhuangcheliangjiangchaoguo110wanliang。

hetesilaleisi，baomajituanxuanyongdedayuanzhudianchiyecaiyong46haomidezhijing，dandianchigaodubingfei80haomi，ershicaiyongle95haomihe120haomiliangzhongxuanxiang。

zaitesilahebaomajituanliangdacheqijutoudailingxia，“dayuanzhudianchiyouwangchengweiweilaijishuzhuliu” jinhuyishixingyegongshi。

ciwai，23nian1yue28ri，jutheelecbaodao，tongyongqichezhengzaikaolvzaiqidiandongqichezhongshiyongyuanzhuxingdianchierfeiruanbaodianchi。qiweilaidexindiandongqichepingtaishangjiangzhichishiyongleisi4680guigededayuanzhudianchi，danjutiguigeshangweiyouxinxiaoxiliuchu。

zaiguoneishichang，yulaiziyanmianxiang900vde46105dayuanzhudianxinhedianchibao，dankedianxinnengliangmidugaoda292wh/kgxingyelingxian，zhengbaorongliang120kwh，chaochongkuaihuandianchibaochongdianxiaolvdadao5c。

erjianghuaiqichezerenweigaonie+gui “46xi” yuanzhudianchi，yifangmiankeyizuodaogaoanquan；lingyifangmiandianxinkeyishixianshufang，zaizhengcheshejihekongjianliyongfangmianyouzhegengweimingxiandeyoushi。muqian “46xi” yuanzhudianchijianghuaizhuyaozoudeshihezuoyanfademoshi，bingqieyizaiyanfa4680dengduokuandayuanzhudianxin，yeyoubufencongwaibugongyingshang（zhongbinengyuan）daoru。

shishishang，chulecheyonglingyuzhiwai，dayuanzhudianchiyezaijiasushentouhuyongchunenglingyu。dangqianlilizidianchizhonglinsuantielidianchideanquanxinggenggao，dannengliangmidupiandi、chengbendi，gengshiyongyuchunenglingyu。qizhonghuyongchunengshichangduirongliang、bianxiedexuqiubutong，jinerduidianxinlinghuochuanbingliandeyaoqiugenggao，yilinsuantielicailiaoweizhudedayuanzhudianchipingjieqilinghuochengzuyoushizaihuyongchunenglingyuxingnengtuxian，baokuoyiweilineng、penghuinengyuan、haichenchuneng、zhongbixinnengyuan、 shidailianhedengdianchiqiyejunluxutuichulezhenduihuyongchunengshichangdedayuanzhulinsuantielidianchi。

muqiandayuanzhulinsuantielidianchibeishouhuyongchunengshichangdeqinglai，youyuchunengxitongdeshengjiduidianchirongliang、chengben、gonglvyijianquanxingtichulegenggaodeyaoqiu。dayuanzhudianchideyiyuwujierjishu、zhizaogongyihecailiaotixiyouhua，zaidantirongliang、chengben、xingneng、xunhuanheanquanfangmianyoushimingxian，lirudayuanzhudianchicaiyongdelinsuantielicailiaobenshenjubeijiaogaodeanquanxing，tongshidayuanzhudianchicaiyonggaoqiangdugangqiaosheji，shoujizupengzhangyingxiangxingbianxiao、kangchongji、kekaoxinggenggao。jieheshichangxuqiuhejishudiedailaikan，dayuanzhudianchifazhanqushimingxian，muqianxiangguanqiyezhengjijizhenduidayuanzhuchunengdianchizhankaiyanfagongzuo，zhiliyujiangdayuanzhudianchidexunhuanshoumingxiang5000cishenzhigenggaocishutuijin。

zonghegequanshangyanbaojixiangguangongsigonggao，yujidao2025nian，quanqiudayuanzhudianchishichangxuqiujiangdadao144.2gwh-235gwh，biruzhongjingongsileguanyuce2025nian4680dayuanzhudianchishichangshentoulvjiangdadao16%；lingjuhuataizhengquanyuce，2027nianquanqiudayuanzhudianchizhuangjiliangyouwangdadao429.0gwh，duiyingzongtishichangguimojiangdadao2144.8 yiyuan，2023-2027niancagrwei110.7%。

 

 

02 核心玩家与产能布局

weilezaiweilaixinyilunchanyezhanzhengzhongzhanjulingdaodiwei，bujintesila，jihusuoyoudonglidianchijutoudouzaijiasutuijindayuanzhudianchilingyudezhanlvebuju，yichangquanqiuhuajingzhengyibukebimian。

buguo，congmuqianquanqiudayuanzhudianchichanyegejukan，rihanqiyezhanjuzhudaodiwei。juevtankshuju，ribensongxia、hanguodelgxinnengyuanhesanxingsdisanjiaqiyezaiyuanzhudianchideshichangfenehejiyou2021niande48.9%zengzhangdao2022niande59.7%，daole2023niansanjiaqiyedeshizhanlvzaicitishengle10.1%。

danzhenzhengdechanyezhanzhengcaiganggangkaishi，weilaisuizhejutoujianjinjicelvedediaozheng、zhanlvezhixingdekuaimandengdeng，doujiangduiweilaichanyegejuchanshengjiaodayingxiang，sheishengsheilie，yanzhiguozao。

jubizhelejie，muqianquanqiuyiyouchaoguo50jiaqiyebujudayuanzhudianchichanpinbingjinxinglechannengguihua，qizhongdagwhjibiechannengguihuadeqiyechao15jia。

lingju24chaochanyeyanjiuyuan(ttir)zonghegongsigonggaojiquanshangyanbaotongji，jiezhimuqianjintesila、songxia、lgxinnengyuan、sanxingsdi、ningdeshidai、yiweilineng、bikedianchi、yuanjingdongli、lanjunxinnengyuan、yulaideng11jiaqiyedayuanzhudianchichannengguihuachao700gwh！

zaihaiwai，tuijinsuduzuikuai，kuozhangzuixiongmengdedangshutesila。2022nian12yue，tesilaguanfangzaitwitterpingtaishangbiaoshi，4680dianchituanduizaijiazhoufuleimengtegongchangyizhouneiwanchengle86.8wange4680dianchidejianzao，xiangdangyu1qianliangmodel ydiandongqichesuoxudedianchishuliang，yujiduiyingdianchinianhuachanliangyue4gwh；genju2023nian1yuedetesila2022nianyejidianhuahuiyi，tesilajianghaozi36yimeiyuantouzikuojianneihuadagongchang，yongyushengchandiandongzhongkasemihe4680dianchi，qizhongdianchichannengguihua100gwh。

ciwai，tesiladezhouchaojigongchangbujulesitiao4680dianchishengchanxian，yitiaoyijingtouchan，qiyusantiaochuyudiaoshiheanzhuangjieduan。2023nian6yue17ri，tesilazaicitongguoqiguanfangtuitefawencheng，qiweiyumeiguodezhoudechaojigongchangshengchanledi1000wanke4680dianchidianxin。julejie，1000wanke4680dianchidianxinkemanzuyue1.2wanliangmodel ychexingdonglidianchipeitaoxuqiu。tesiladedayuanzhudianchijihuaxiongxinbobo，weilaijihuajiang4680dianchichannengtishengzhi1000gwhyishang，qizhangqichannengmubiaoshenzhidadao2twh、3twh。

zaihaiwaidonglidianchijutouzhongkuozhangzuimengdeqiyezeshilgxinnengyuan，qidao2025niandayuanzhudianchichannengguihuada120gwh，qicishisongxia，qidao2025niandayuanzhudianchichannengguihuajin80gwh；linggenjusanxingsdiguanfanggonggao，sanxingsdijihuazaijinnianwanxieshihoukaishishichanlinsuantieli(lfp)dianchiheniemengdianchi，jihuaweitesilademodel yqicheshengchanyuanzhuxing4680dianchi，qi2025niandayuanzhudianchichannengguihuayuewei24gwh。

huidaoguoneishichang，zaidayuanzhudianchilingyubujuzuishen，tuijinzuixiongmengdeqiyedangshuyiweilineng，qi2025niandayuanzhudianchichannengguihuagaoda200gwh，yuanyuangaoyuningdeshidai40gwhhebikedianchi30gwhdechannengguihuamubiao。

zai2022nian12yue9riyiweilinengjiufabugonggaocheng，jihuamujibuchaoguo70yiyuanzijinyongyutouzijianshe “23gwhyuanzhulinsuantielichunengdonglidianchixiangmu” he “21gwhdayuanzhuchengyongchedonglidianchixiangmu”。

ju24chaotuanduilejie，yiweilinengjihuashengchandeyuanzhulinsuantielidonglichunengdianchihe46xiliesanyuandayuanzhudianchiyiqudeguoneiwaiduojiazhimingkehudeyixiangxingxuqiu。jiezhi2023niandi，gongsiyuanzhulinsuantielidianchiyiqudedeweilai5niandekehuyixiangxingxuqiuhejiyue88gwh；tongshi，gongsisanyuandayuanzhudianchiyiqudeweilai5niandekehuyixiangxingxuqiuhejiyue486gwh。

ciwai，muqianyiyouduojiaqiyemijibujudayuanzhulinsuantielichunengdianchi。2023nian1yue24ri，tesilashouciquerenbujinhuijiang4680dianchiyongzaidiandongqicheshang，haihuijiangqituozhandaochunenglingyu，liruhuchudianchipowerwall。guoneibaokuoyiweilineng、penghuinengyuan、haichenchuneng、bikedianchi、guoxuangaoke、zhongchuangxinhanglishendianchidengbushaodianchiqiyezi2022nianyijingguihuahuokaishibujushiyongyuchunengshichangdelinsuantielidayuanzhudianchi。yiweilinengzhenduihuchushichangtuichule40135xiliedayuanzhulinsuantielidianchi。penghuinengyuantuichude40135xinghaodayuanzhulinsuantielidianchiyishoudaokehudingdan，shiyongyubianxiechuneng、huyongchunengdengduolingyu。ciwai，shidailianhe、zhongbixinnengyuan、hualiyuanheboliweidengqiyedouzaitongguozuodayuanzhudianxinchicunlaijiangdichengben，jinermanzuhuyongchunengdianchiyingyongchangjingxuqiu。

jinguanweilaidayuanzhudianchiqianjingguangkuo，dangenjumuqiangechanyejutoudechannengguihua，weilairengxujingtikenengmianlindechannengguoshengfengxian。ruqianwensuoshu “jintesila、songxia、lgxinnengyuan、sanxingsdi、ningdeshidai、yiweilineng、bikedianchi、yuanjingdonglideng11jiaqiyedayuanzhudianchichannengguihuajiuyitupo700gwh！” ，erquanshangjiaoweileguandeyucezeshi2025niandayuanzhudianchishichangxuqiuyuewei235gwh，2027nianyebuguo429gwh。

huoxu，weilaigejutoujianchanyehuajinchengkuaimankenengjiangchengweizhanzhengchengbaiguanjian。

03 产业化难题与挑战

dayuanzhudianchidejishuyoushiyijingwuyongzhiyi，danzaichanyehuajinchengzhongrengmianlinzhuduowentihetiaozhan。

zhongsuozhouzhi，xiangbiyuchuantongdianchi，4680dayuanzhudianchibujinjinshizaichicunshangjinxingshengji，gengzhuyaoshigongyicengmianshangjinxinglejishuchuangxin。ermuqiandayuanzhudianchixianjieduandeliangchanpingjingjiuzhuyaolaizigongyicengmian，jixulianhelidianshebeiqiyejinxingchanpinhegongyishengji。

qizhongdayuanzhudianchishengchanliuchengzhuyaobaokuo：dianjizhibei、dianxinjuanrao、zuzhuang、zhuye、huacheng、fenxuandengjidagongxu。dayuanzhudianchiyu21700dianchishengchangongyichabiezhichuzhuyaozaiyu：jiermoqieyurouping、jiliupanhanjiedenggongxu，zheiweiqishixianchanyehuajinchengzengjialejiaoduonandian，zhijieyingxiangle4680dianchideliangpinlv，zheishidaozhidianchiguimoliangchandekunnanzhiyi。

genjuxiangguanshujuxianshi，dayuanzhudianchishixianguimoliangchanxudadao90%yishangdelianglv，ertongchanglidianchizhizaoxuyaodadao95%yishangdelianglvliangchancaijubeijingjixing。

congtesilaliangpinlvzoushikan，tesila4680chanxianzuichulianglvzhiyou20% ，2021niantesila4680shiyanxianliangpinlvyuezai80%。2022niannianchu，jutesla motors clubsshangliuchudexinxi，zai2022nian1yue22ritesilafolimengtegongchanggongshengchanle6813ke4680dianxin，pingjunliangpinlvda92%。danxiangbiyu21700yuanzhudianchide95%+deliangpinlvrengcunzaiyidingchaju。

erguoneichuleyiweilinengliangpinlvdadao90%zuoyouwai，bufenbuju4680dedianchiqiyemuqianhaichuyubyangjieduan，lianglvzai50%fujin。yinciweilailiangpinlvlvxiandabiaobingkeshixiangaonengliangmidutixiliangchandeqiye，jiangchengwei4680jishugemingdechongfenshouyizhe。

shijishang，zitesilazai2020niandianchirishangfabu4680dianchizhijin，yiyoujin4nianshijian，danqidayuanzhudianchichanyehuajinchengyebingbushunli。masikezuikaishiwei4680dingxiademubiaoshi2021nianliangchan，2022nianchannengdadao100gwh，ergenjujianyuechepingdejisuan，tesiladezhougongchangcong2020niandao2023nian，sannianshijiannei4680dianchileijichannengjinyuewei0.816gwh，liangchanjindurengranbujitouzizheyuqi。congtesilaguanxuande4680dianchiliangchanqingkuanglaikan，wanquanliangchanbingquanmianzhuangchetesilaqixiadegeleizhulichexingrengbuxianshi，shangxushiri。duanshijiannei，tesilazhinengzuodaobufenchexingdeshianzhuangheshaoliangchexingfugai。

jujianyuechepingde《tesila4680dianchide “liangchanjiasuo”》 yiwen，kecong2022nianmeiguojiazhoudaxueshengdiyagefenxiao(university of california, san diego)duitesila4680dechaijieshujushangkanchu，tesilade4680dianchizhibiaojuli2020niandianchirishanggongbudeshujuxiangbi，haiyouxiangdangdadejuli。zaicailiaoshang，2022nianniandibanbende4680dianchizhengjimeiyoucaiyonggandianjijishu，fujiyebingweichanrugui。zhengtizhengfujicailiaobingwuxianzhudebianhua。

erzaidianchixingnengshang，zaishengdiyagefenxiaoshiyanshi2.5ahdefangdiandianliuxia，4680shicerongliangjinwei23.5ah。zaitijitishengjiangjin5beideqiantixia，yu2710danti4.84ahderongliangxiangbi，4680yemeiyouzuodaoxiangzhiqiandianchirigongbude5beinengliangtisheng。

ergenjuzheshangzhengquanfenxi，gandianjigongyinantishi（tesila）4680shangweidaguimoliangchandezhuyaoyuanyin。yaozhidao，chuantongdeshifagongyi，xuyaojiangzhengjiyufujidefenmozhuangcailiao，yuyoududerongjihunhe，diaozhichengjiangliao，tuzaixiangyingdebocaishang。suihouzaizhangda100midehongxiangzhonghongkao，quchushuifen，cainengrangjipianzuizhongchengxing。

tesilashiyongdeganfagongyi，jiangzhengfujifenmoyuteshudezhanjiejihunhe，zhijieyashizaibocaishang，zheiyangquanchengmeiyoushuifencanyu，shengdiaolehonggandebuzhou。genjutesilagusuan，xiangjiaoyushifa，caiyongganfadianjigongyinenggoujianshao18%yishangdechengben，yiji41%deshebeitouzi。youshebeichangrenshigaosu36ke，zhengfujiquanbuyongganfazhizao，danwashidedianxinjiagekeyijiesheng2-3fenqian。

danshi，zhizaoganfadianjidediyigeguanjianbuzhoujiangzhengjihuofujidefenticailiaohunhe，hunfenxuyaowanquanjunyun，zheijiushinantisuozai。“ruguozuoyitongfen，diyishaohezuihouyishaojiancechulaidejieguowanquanbuyiyang。zheixiefenmofangzhiliangxiaoshi，huoshibaxiaoshi，cechudejieguoyebuyiyang。ruguohunhedebujunyun，zuochulaijipianjihunanyishiyong。” youyoujiejintesiladegongchengshidui36kerushishuo。

gengnandebuzhoushigunya。chuantongdegunyagongxuyunyongyagunjiangganzaohoudejipianyashi，zheiyangkeyibaozhengdianxindexingneng。

tesilazaifujishangshiyongdeshishimocailiao，zhidijiaoruan，yaqilaigengrongyi，henkuaibianzuodaoleliangchan。danzhengjishiyingduhengaodeniegudengjinshu，zheixiangdangyujiangxixiaodeshaliyachengguanghuadejingmian，nandubuyaneryu。ganfazhengjiyeshiliangchan4680zuidadeguanai。

genjuinsideevsbaodao，2023nian4yuetesilapinqingdianchizhuanjialaiwancheng4680dianchigandianjigongyinanti，youwangjiasu4680liangchanjincheng。

danzhidao2024nian6yue26ri，juwaimeibaodaocheng，youyunengliangmiduhechongdianxingnengbujinrenyi，qiechengbengenggao，tesilazhengzaikaolvtingzhizaidekesasizhougiga texasgongchangshengchan4680dianchi。“ruguojiangbenwufazainiandiqiandadaoyuqixiaoguo，tesilajiangfangqi4680dianchishengchan，zhuanerxiangwaibugongyingshangcaigou。”

xianrantesilade46dianchixilierengranzaizhengtuo4680liangchanjiasuodetuzhongkuangben，shichangyeqidaiweilaiyougengduogengjuyouquedingxingxiaoxi。

erzuoweitesilazuizhongyaodedianchigonghuoshang，songxiazairibenhegeshanxinjiande10gwhdeweitesilagonghuode4680dianchichanxianyiyu2022nian5yuediwanchengdianchiyuanxingkaifa，yuanjihuayu2023nian4yuekaishishishengchan，danyeyiyanqizhi2024niandi。

songxiadonglidianchifuzerenyasuaki takamotozaoqianduimeitibiaoshi：“shengchanzheixiegengdadedianchi，gongyibixuyaobimuqiantigaoyidaolianggeshuiping，fouzejiuhuichuxiananquanwenti。” tabuchongshuo，songxiadeanquanshengchanxitong “jueduirangsongxiazaizheigeyewuzhanjushangfeng。”

ciwai，tesiladehanguogongyingshanglgxinnengyuan2022nian6yuefenyuexuanbutouzi5800yihanyuanzaiqihanguoaochanggongchangjianshe4680dianchichanxian，sanxingsdijinsuiqihouxuanbuyuhanguotianangongchangzhunbeijianshegongtesilashiyongde4680dianchiceshichanxian，nianchannenglvediyu1gwh，shishengchanwanchenghou，liangchanxianjianganpaizaimalaixiya，yujichanneng8-12gwh，danmuqianyerengweichuanchumingquedeliangchanxiaoxishijian。

zuoweiguoneizuikuaikenengshixiandayuanzhudianchiliangchandegongsi，yiweilinengyibeishichangjiyuhouwang。zaozai2021nian4yuedeshanghaichezhanqijian，yiweilinengjiuzhanshiqiyanfade4680dianchi，binggaodiaoxuanbugongsidayuanzhudatielideluxianfangzhen，zaihubeijingmenjianshe20gwhnianchannengdedayuanzhudianxinchanxian。2022nian9yue，yiweilinengyinweihuodebaomajituande46xilie（dianchizhijing46mm）dayuanzhulidianchidedingdanbeishouguanzhu，erzaidangnian12yuedexinchanpinfabuhuishang，yiweilinengyefabule350wh/kgde4695dayuanzhulidianchidianxindeyanfayangpin。

yiweilinengciqianzaijigoudiaoyanzhongbiaoshi，xianzaidayuanzhugenbenshiyaojiejuezhizaodewenti，erbushiyanfadewenti，yeshibiaomingledayuanzhudianchidezhenzhengdenandianzaiyuliangchandeguocheng，shifoujubeigaoduchanpinxingnengyizhixingheguimohuajiaofunenglicaishiguanjiansuozai。

muqianlaikan，dayuanzhudianchilingyudegejiadourengchuyucongshiyanshizouxiangliangchandeguochengzhong，danzheiyilvtuzhudingbuhuiyifanfengshun。

shexiangxia，weilaizaicheqihedianchijutougongtongnulixia，dayuanzhudianchiyidantupogongyijishudezhiyue，suizhelianglvdetishengshibijiangjiasuqichanyehuajincheng，dayuanzhudianchijiangyongyouyufangxingdianchi “gongfentianxia” deqianliyushitou。ruguozaijieheyixiexinjishudelvxianyingyong，dayuanzhudianchiweilaishenzhikenengzhanjuzhudaodiwei。

buguoxuyaozhuyideshi，bansuizhenengliangmidugenggaodebangutaidianchijiakuaichanyehuajincheng，qiduidayuanzhudianchiweilaifazhankongjianyujinchengyezhengzaixingchenglexindetiaozhan。

bangutaidianchiyudayuanzhudianchi，doushijiejinliangchandequanxindianchijishu。duierzhedetaidu，xingyezhongyecunzaibutongdeshengyin。

yizhongshengyinrenwei，bangutailiangchanhou，dayuanzhudianchijianghaowuhaishouzhili。zainengliangmiduyijiweilaifazhan（quangutai）shang，bangutaijihuzhanjujueduideyoushi，weiyidewentizaiyuchengbenjiaogao。

lingyizhongshengyinzerenweidayuanzhubibangutaigengyouyoushi。jiyuanquanxingkaolv，dayuanzhushigangqiao，erbangutaishiruanbao，ruanbaofengzhuangxingshidegaoniesanyuandianchi，shifounengtongguoxinguobiaode “buqihuobubaozha” dereshikongshiyanhaishigewenti。

bizherenwei，zhengrumuqiansanyuanlidianchiyulinsuantielidianchigongcunyiyang，duodianchilujinggongcun，qiyeweiyonghujianshaojiaolverjinxingdeduozhongjishutansuodoushiyoujiazhide。

biyadizaijieshoutouzizhediaoyanshicengbiaoshi，zaixianzaideshichanghuanjingxia，qiyezuixuyaodejiushi “kuai”，“kuaiyuchimanyu” bi “dayuchixiaoyu” gengqiadang，suoyiqiyeyidingyaosuduweixian。

haowuyiwen，shixia，dongliyuchunengdianchichanyeyijinruxinyilundejishudiedaiqi，youdaolejuedingxiayigeshinianchanyexingejudelishiguanjianjiedian。bizherenwei，weilaisheinengzhenzhengjiejuechanyexuqiutongdian，sheinenggouzuixianshixiandaguimoliangchan，sheijiukenengyongyougaibianhuozhongsuchanyexingejudeliliangyulishijiyu。