宁德时代 AH 股续跌 4%，市场关于车企“去宁化”的焦虑情绪不断蔓延。
9月初，理想汽车宣布斥资26.5亿元增资欣旺达动力。交易完成后，理想相关主体将合计持股11.17%，成为欣旺达动力第二大股东。这不是简单的财务投资，而是车企扶持替代供应商的明确动作。
与此同时，2026年6月上市的全新一代理想L8，全系采用欣旺达电芯，宁德时代退出该车型的供应名单。电池包由理想与欣旺达合资公司生产，产品由理想定义，制造交给欣旺达。最新申报的2026款理想i6，又引入欣旺达和中创新航作为电池供应商。
理想正在通过实际行动对外释放一个信号：减少对宁德时代的依赖，把电池系统的定义权掌握在自己手中。
类似动作正在行业内扩散。小米为“龙甲电池”引入中创新航和欣旺达，鸿蒙智行部分车型采用多家电池供应商。吉利、长城、广汽、上汽等车企，也在通过自研电池、合资建厂和投资供应商等方式建立自己的电池体系。
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