July, 2024, China passenger car power battery the installed capacity reached 37.7GWh, with a year-on-year growth of 39%, and continued to maintain a rapid growth trend. PACK installed capacity and BMS installed capacity reached 881000 sets, an increase of 46.2 percent year-on-year.

In the field of cell, Ningde era still firmly occupied the head of the industry, with a stable market share of about 44 percent. What is commendable is that in the case of increasingly fierce price war, although the operating income of Ningde era declined in the first half of the year, the profit kept increasing. Moreover, the gross profit of the products remained stable, and the profit growth was mainly due to the decline in the price of raw materials. The external supply of Fredi batteries has improved, but the growth still comes from BYD itself. Among the second-line battery enterprises, the growth rate of Sunwoda and honeycomb is obvious. In particular, honeycomb Energy has significantly improved its delivery capacity, and short-knife fast-charging batteries have also brought new increments.

■ in terms of PACK products, due to technological upgrading, enterprises began to gain new targets battery type, with an obvious growth rate. The growth rates of China Innovation airlines, Sunwoda and polyfluoro all exceeded 100%. In addition, it is also a continuous attraction for manufacturers to go to sea.

■ among the BMS products, the growth rate exceeded 200% only Sunwoda this month, mainly due to the drive of its PACK products.

PS: This data is sorted out according to the domestic vehicle terminal sales data in NE era, excluding import and export data. The statistical results may differ from the actual shipment data of relevant parts and components enterprises.