Analysis of BAIC BluePark's vehicle models and battery matching

BAIC Blue Valley's models and battery packages are mainly provided by SK On and CATL. However, starting from January 2023, the company's new models will no longer use SK On batteries. SK On's revenue from BAIC New Energy in the past five years was only 1.635 billion yuan. BAIC Blue Valley initially used ternary batteries, and did not launch iron-lithium batteries until the end of 2022, and began to sell them in 2023.