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suyan electronics completed a tens-million-level angel round of financing, focusing on thermal management technology for next-generation new energy vehicles

2024-09-06

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36kr learned that recently, jiangsu suyan electronic technology co., ltd. (hereinafter referred to as suyan electronic) completed a tens of millions of yuan angel round of financing. this round of financing was led by xuanyuan capital. the funds will be used to promote the company's technology iteration and capacity expansion in the field of thermal management of next-generation new energy vehicles.

suyan electronics is a company that focuses on the development of thermal management systems for new energy vehicles. according to reports, the company's senior management team are all from world-renowned tier 1 companies with an international perspective. the core members have nearly 20 years of entrepreneurial and working experience in the automotive industry and have experience in mass production, quality control and delivery.

the thermal management system of new energy vehicles is a key component to ensure that electric vehicles maintain optimal performance under different environmental conditions.

compared with traditional fuel vehicles, new energy vehicles have eliminated the engine and gearbox and added a three-electric system. the battery needs to be heated and cooled at the same time, the motor and electronic control need to be cooled, and the cabin also needs to be heated and cooled.

as the terminal market continues to expand, more and more vehicle models are equipped with 800v high-voltage platforms, and ultra-fast charging batteries have become a new technological trend, which also puts higher requirements on the performance of the thermal management system.

the cost of thermal management systems for new energy vehicles is also more expensive. it is understood that the thermal management system for traditional fuel vehicles is about 2,800 yuan per set, while the thermal management system for pure electric vehicles is as high as 7,050 yuan per set, and the thermal management system for plug-in hybrid vehicles is about 7,650 yuan per set.

therefore, suyan electronics has been deeply engaged in the thermal management system track, and the company's core technology is thick film heating technology.

this is an efficient way of energy conversion, which converts electrical energy into thermal energy by applying current to conductive materials and utilizing the resistive heating effect. thick film heating technology has great application potential in many fields such as power battery heating and cabin heating.

according to the company, compared with traditional ptc (positive temperature coefficient) heating technology, thick film heating technology can achieve high power density and lightweight, high efficiency and energy saving, and guaranteed performance at low temperatures.

more importantly, thick film heating technology also has cost advantages and has completely independent intellectual property rights. at present, many internationally renowned automobile manufacturers such as volkswagen, bmw, mercedes-benz, audi, etc. have taken the lead in adopting this technology.

this technology can be applied to many aspects of the vehicle thermal management system.its characteristics can help electric vehicles reduce power consumption, extend driving range, and improve vehicle energy efficiency. its small size also provides greater flexibility and innovation space for vehicle design.

suyan electronics' plan is that in the short term, the company will focus on thick film heaters to further increase the market share of its products; at the same time, in the medium and long-term strategy, the company will deploy heat pump systems and gradually transform into a full-service provider of thermal management solutions for new energy vehicles.

at present, the company has built a production capacity of hundreds of thousands of sets, and has also received purchase order letters from a number of passenger car and commercial vehicle companies, and plans to start mass production within this year.

regarding this financing, general manager tong bailing said: "this financing will help us accelerate the research and development process and significantly improve product delivery capabilities through the construction of new production lines. we believe that with the industrial support of xuanyuan capital and the unremitting efforts of our team, suyan electronics will occupy a place in the field of new energy vehicle thermal management systems and provide more efficient solutions for the global electric vehicle market."

wang rongjin, founding partner of investor xuanyuan capital, said: "with the rapid popularization of electric vehicles around the world, the demand for efficient and reliable thermal management systems has increased dramatically. we look forward to working with the suyan electronics team to promote the application and commercialization of this key technology."