Analysis of installed capacity of top 10 domestic battery manufacturers from January to May

Original Gaogong Observation Gaogong Lithium Battery 2024 June 29, 2019 19:48

With the increasing global awareness of environmental protection and the rapid development of new energy vehicle technology, power batteries are becoming

As the core component of new energy vehicles, its market demand continues to rise.

The market has shown several significant trends. In terms of market growth demand, the new energy vehicle market is

The continuous expansion of the market, especially the popularity of electric vehicles, has directly driven the growth of demand for power batteries. According to statistics,

In the first few months of this year, domestic new energy vehicle sales increased significantly year-on-year, providing a boost to the power battery market.

Broad development space. According to data from Gaogong Industry Research Institute (GGII), domestic power

The installed capacity of batteries reached 158.4GWh. Technological innovation is accelerating to meet the requirements of new energy vehicles for battery life.

In order to meet the demand for performance such as range and charging speed, power battery companies have stepped up their R&D efforts and launched more advanced

New technologies such as silicon-carbon composite materials, solid-state batteries, and fast-charging batteries are gradually becoming the industry's

Research hotspots indicate that future power battery technology will undergo major changes.

The battery industry chain is long, including raw materials, battery cell manufacturing, battery management system and other links.Machine Translated by Google

In order to improve market competitiveness, major battery manufacturers have strengthened the integration of the industrial chain and

In this context, Gaogong Lithium Battery will optimize resource allocation and reduce costs through acquisitions, strategic cooperation, etc.

An in-depth analysis of the installed capacity of the top 10 domestic battery manufacturers from January to May 2024 was conducted to gain insights into the current

The current market dynamics and future trends. 1. The market share of leading battery manufacturers reached 96.4%.

The market performance of lithium batteries directly affects the competition pattern of power battery installation.

As the industry matures and fluctuates, some manufacturers are merged and some are eliminated.

The concentration of the power industry market will inevitably shift from dispersion to concentration. According to market data statistics, from 2020 to 2023

In 2018, the installed capacity of the top 10 battery manufacturers in the lithium battery industry reached 91.8%, 92.3%, 95% and 97% respectively.

The market share has gradually increased. From January to May 2024, the market share of the top 10 battery manufacturers reached 96.4%.

Although there is a slight decrease compared to last year, overall, the market share of leading battery manufacturers is still

2. Fast-charging batteries and (semi-) solid-state batteries are gaining popularity. Pursuing technological innovation will better enhance

Battery energy density, cycle life, and energy replenishment efficiency are the directions that battery manufacturers are working hard on.

Look, from lithium iron phosphate to lithium iron manganese phosphate, from medium nickel ternary battery to high nickel and ultra-high nickel ternary battery

Batteries are the focus of the industry. This year, fast-charge batteries and (semi-) solid-state batteries continue to lead the industry.

Technology trend. In the field of fast-charging batteries, many battery manufacturers have released new fast-charging batteries, such as CATL.

Times released the Shenxing Battery PLUS, Xinwangda released the Flash Charge Battery 3.0, and Honeycomb Energy introduced the fast charging technology

Technology is now being applied to PHEV models. Investment in (semi-) solid-state batteries remains hot. According to GGII data,

It is expected that there will be 3-5 new models released in the domestic market in 2024, and (semi-) solid-state batteries will be used as

The flagship model of the company's brand represents a new round of growth in technology. 3. PHEV models are popular both at home and abroad.

As the penetration rate of electric vehicles in the market gradually slows down, PHEV models that combine the attributes of gasoline vehicles and electric vehicles are becoming more and more popular.

In recent years, it has achieved explosive growth. In terms of domestic sales, PHEV models achieved

The sales volume reached 1.324 million units, a year-on-year increase of 70.1%. In terms of exports, PHEVs also sold well in overseas markets.Machine Translated by Google

In addition, according to data released by the China Association of Automobile Manufacturers, PHEV exports reached 105,000 units from January to May 2024.

The year-on-year growth is 2 times. According to the recent anti-subsidy statement issued by the European Union, the export of domestic PHEV models

Unaffected by the new tariffs, domestic PHEV exports are expected to increase further in the future.

CATL's installed capacity of power batteries in January-May 2024 reached 74.1GWh, accounting for 46.8% of the installed market share.

CATL's main supporting automakers include Tesla, Ideal Auto, and Geely Auto.

Car, Seres, Changan Automobile, Weilai, SAIC Volkswagen, Chery, Brilliance BMW, SAIC GM,

Haier Automobile, FAW-Volkswagen, Great Wall Motors, etc. Among them, Tesla, Geely, etc.

Li Auto and Ideal Auto ranked the top three in CATL’s installed capacity, reaching 11.6GWh and 11.6GWh respectively.

7.2GWh, 5.5GWh. From a technical perspective, since the announcement of the Shenxing battery - iron phosphate battery in August last year,

After the lithium 4C fast-charging battery, CATL launched the upgraded version of the Shenxing Battery PLUS this year, which has a longer battery life.

The battery technology and fast charging capabilities have been improved.

The company's all-solid-state battery R&D project is currently at the 4th level.

level, with the goal of reaching level 7-8 by 2027.

(The above data comes from Gaogong Industry Research Institute, and only some of the supporting models are shown) BYDMachine Translated by Google

According to data from the official website, from January to May 2024, BYD's cumulative passenger car sales reached 1.271 million units, a year-on-year increase of

46.85%. Regarding sales in 2024, it is reported that BYD may further increase its sales in 2023.

This also led to an increase in BYD's installed capacity of power batteries, which will increase by more than 20% from January to May 2024.

BYD's total installed capacity of power batteries reached 40.8GWh in January. In terms of installed models, BYD batteries mainly

The installed capacity is self-supplied, accounting for 92.85% of the total installed capacity.

Actively expand external supply channels, BYD power battery installation supporting enterprises include China FAW, FAW Toyota

Tian Chery, Xiaomi Motors, Dongfeng Motors, etc. In terms of external supply, BYD Auto will also increase from 2023

It increased from 5.3% in 2017 to 7.1% in January-May 2024.

(The above data comes from Gaogong Industry Research Institute of Lithium Battery, and only some of the supporting models are shown) Zhongxinhang 2024

From January to May, the installed capacity of Zhongxin Aviation Power Battery reached 10.5GWh, ranking first in the installed market share.

Top 10. In terms of installed models, Zhongxinhang is equipped with Changan Automobile, GAC Motors, Xiaopeng Motors,

Leapmotor, Geely Auto, NIO, Dongfeng Motor, Chery Auto, JAC Motors, etc.

Zhongxinhang is also actively working on the sub-segment track, such as supporting Sanhuan Special Vehicle, Chengli Special Vehicle, and Xugong Automobile.

Automobile, Northern Heavy Industries Group, etc. New car announcements this year show that Zhongxin Aviation will supply Zhiji LS6Machine Translated by Google

The LFP version of the battery entered the SAIC supply system for the first time. Zhongxinhang's layout in the field of technology is also

In April, the One-Stop battery product of the first phase of the Zhongxinhang Guangdong Jiangmen Base project was successfully put into production.

The battery pack energy density reached 153Wh/kg; in June, the OS of the Beijing Automotive Project supported by Zhongxinhang

The lithium iron phosphate fast-charging battery pack officially rolled off the production line.

(The above data comes from Gaogong Industry Lithium Battery Research Institute, and only some of the supporting models are shown )

From January to May 2018, the installed capacity of EVE Energy reached 6.3GWh.

Yiwei Lithium Energy mainly supplies automobile companies including GAC Passenger Vehicle, Changan

An Automobile, Xiaopeng Motors, Hozon New Energy, Geely Auto, Sany Auto, Tangjun Ouling, Brilliance Bao

Ma, etc. Among them, GAC Passenger Vehicle has become the largest customer of EVE Energy with an installed capacity of 3.1GWh, accounting for

The proportion of installed capacity is about 50%. In terms of new battery technology, Yiwei Lithium Energy held a new strategic

The company held a strategic press conference and released a large cylindrical Omnicell "all-round battery" product that can meet the full-scenario battery needs of 6C

Energy demand, achieving a 5-minute charge and a range of 300 kilometers. EVE Energy expects to achieve full solid-state

A breakthrough in the production process of solid-state batteries will be achieved, and a 400Wh/kg high-energy-density all-solid-state battery will be launched in 2028. 

(The above data comes from Gaogong Industry Lithium Battery Research Institute, and only some of the supporting models are shown) Guoxuan High-tech 2024

From January to May 2020, Guoxuan High-tech's installed capacity of power batteries reached 5.5GWh, compared with the full year of 2023.

Guoxuan High-tech mainly supplies models including Geely Auto, SAIC-GM-Wuling, Qi

Rui Auto, Leapmotor, Changan Automobile, Great Wall Motor, Dongfeng Xiaokang, JAC Motors, and SERES, etc.

In terms of new battery products, Guoxuan High-tech officially launched the "G-Grade" 5C ultra-fast charging battery in May this year.

The battery supports 5C fast charging, and can achieve an energy density of 190Wh/kg on the lithium iron battery cell.

The energy density of the battery cell can reach 255Wh/kg.

The large cylindrical battery has a mass energy density of 285Wh/kg and supports 4C fast charging.

The "Jinshi" all-solid-state battery 30Ah all-solid-state battery cell can achieve a mass energy density of 350Wh/kg.

International layout is an important business direction of Guoxuan High-tech. In 2024, Guoxuan High-tech will also accelerate the development of this business.

Development. Since the beginning of this year, Guoxuan High-tech has successively established roots in Spain and Morocco.

(The above data comes from Gaogong Industry Lithium Battery Research Institute, and only some of the supporting models are shown) Honeycomb Energy 2024

From January to May 2018, the total installed capacity of Honeycomb Energy reached 4.6GWh. Judging from the installed capacity data in recent years, Honeycomb Energy

The installed capacity of energy resources has grown rapidly. After being promoted to the sixth place in 2023, it continued to rise in January-May 2024.

It continues to maintain the top 6 position and continues to narrow the gap in installed capacity with Guoxuan High-tech and Yiwei Lithium Energy.

The main energy supporting automakers include Great Wall Motors, Leapmotor, Geely Auto, Dongfeng Motor, and SAIC

GM Wuling, Ideal Auto, Hozon New Energy, etc., among which Great Wall Motor is a major supporting customer, with an installed capacity of

The rapid increase in installed capacity of Honeycomb Energy is inseparable from the rapid development of the PHEV market.

Market data shows that PHEV models increased by 70.1% year-on-year from January to May 2024. In the PHEV field,

Honeycomb Energy has released its second-generation hybrid battery cells, upgrading its PHEV market's best-selling single product series

The first hybrid electric vehicle with a range of over 300km, the iron-lithium short-blade fast charging Batteries.

(The above data comes from Gaogong Industry Lithium Battery Research Institute, and only some of the supporting models are shown )

From January to May, the total installed capacity of Xinwangda reached 3.7GWh, which is higher than the installed capacity in 2023.

From January to May this year, Sunwoda's installed capacity ranking rose one place, surpassing LGES's installed capacity.

In terms of installed models, the car companies that Sunwoda supports include Ideal Auto, Dongfeng Motor, and SAIC Motor.

Wuling, Geely, Leapmotor, Dongfeng Liushu, Jiangling Motors, etc.

At this year's Beijing Auto Show, Sunwoda exhibited a new generation of flash-charged batteries with a peak charging rate of 6C.

It can be charged to 80% SOC in 10 minutes. The sales growth of Sunwoda is also inseparable from the HEV leader

In June this year, Sunwoda Power welcomed the 1 millionth HEV hybrid at its Huizhou base.

Car battery off-line ceremony, three generations of HEV products have been put into production by Volkswagen, Nissan, Renault, GAC, and Geely

Automobile, Dongfeng, Chery and other customers load their vehicles.

(The above data comes from Gaogong Industry Lithium Battery Research Institute, and only some of the supporting models are shown) Zhengli New Energy 2024

From January to May, Zhengli New Energy's total installed capacity reached 2.5GWh, surpassing LGES in ranking.

It rose from the tenth place to the eighth place. In terms of installed models, Zhengli New Energy has supplied GAC Passenger

Car, Leapmotor, SAIC-GM-Wuling, Dongfeng Peugeot Citroen, Hozon New Energy, WM Motor, etc.

Car companies. In terms of battery technology, Zhengli New Energy is focusing on semi-solid batteries. At the new product launch in April this year

At the 2018 Shanghai International Auto Show, Zhengli New Energy released the first dual semi-solid-state ultra-long-life large cylindrical battery - Zhengli Qilong, which supports

The pure electric MPV model has a full-charge range of more than 1,000 kilometers.

In the field of air batteries, we have cooperated with Liaoning General Aviation Research Institute, Liaoning Ruixiang General Aircraft Manufacturing Co., Ltd., Ruixiang General Aircraft Manufacturing Co., Ltd.

EN Aircraft Industry (Zhejiang) Co., Ltd. signed a cooperation agreement to establish a long-term strategic cooperation around aviation electrification

relation.

(The above data comes from Gaogong Industry Lithium Battery Research Institute, and only some of the supporting models are shown) LGES 2024 January-May

In January, LGES's installed capacity ranking dropped significantly, from seventh in 2023 to

From January to May of 2018, it ranked ninth, with a total installed capacity of 2.4GWh.

Tesla, SAIC-GM, and Geely Automobile all saw significant growth in installed capacity from January to May this year.

The decline caused LGES to drop in the ranking.

(The above data comes from Gaogong Industry Lithium Battery Research Institute, and only some of the supporting models are shown) Ruipu Lanjun 2024

From January to May, the installed capacity of Ruipu Lanjun power batteries reached 2.3GWh, and the models equipped with them mainly include

Including SAIC-GM-Wuling, Shanghai Auto, Leapmotor, GAC Passenger Vehicle, Geely Auto, and JM New Energy

Source, China FAW, Yundu New Energy, etc. In recent years, Ruipu Lanjun has developed rapidly.

After listing on the Hong Kong Stock Exchange in December, it has also launched a series of new products with the support of capital.

At the Beijing Auto Show in April this year, Ruipu Lanjun launched a new series of PHEV hybrid batteries.

It is suitable for PHEV models within 300KM. In the segmented track, such as the heavy truck field, Ruipu Lanjun alsoMachine Translated by Google

According to market data, Ruipu Lanjun ranks first in the list of new energy heavy truck battery installations in Q1 2024.

Recently, Ruipu Lanjun and Dongfeng Tianjin have started cooperation, and the latter will

Equipped with Ruipu Lanjun power battery.

(The above data comes from Gaogong Industry Lithium Battery Research Institute, and only some of the supporting models are shown)