Cui Dongshu, Secretary General of the Passenger Link branch, wrote that the competitive pattern of battery companies formed a relatively strong characteristic of the Ningde era and BYD. Ningde and BYD will maintain a ratio of 64% until 2026, and other companies have room for more than 35%. Guoxuan Hi-Tech, Honeycomb Energy, Geely Yaoning, and Chu Neng Xinneng performed well this year. Due to BYD's complete transformation of lithium iron phosphate batteries, the advantages of ternary batteries such as the Ningde Era and Honeycomb Energy are even more obvious. Recently, strong high-end plug-in hybrids have promoted the strengthening of ternary batteries.
Zhitongcaijing · 2d ago
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Cui Dongshu, Secretary General of the Passenger Link branch, wrote that the competitive pattern of battery companies formed a relatively strong characteristic of the Ningde era and BYD. Ningde and BYD will maintain a ratio of 64% until 2026, and other companies have room for more than 35%. Guoxuan Hi-Tech, Honeycomb Energy, Geely Yaoning, and Chu Neng Xinneng performed well this year. Due to BYD's complete transformation of lithium iron phosphate batteries, the advantages of ternary batteries such as the Ningde Era and Honeycomb Energy are even more obvious. Recently, strong high-end plug-in hybrids have promoted the strengthening of ternary batteries.
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