在动力电池行业装机竞争持续白热化的当下，电池企业正通过多场景突破与结构调整，寻找装机增 长新增量。 5月全球装机超4.8GWh，全球第4、创单月新高。 近期消息，中创新航接连斩获现代汽车、大众集团两大国际车企订单。同时，公司在商用车板 块"突进"。2025年上半年，中创新航商用车电池累计交付量超过6GWh，同比增长280%。公司 判断商用车业务将在未来两年迎来快速增长期。 全球电池装机数据指出，2025年1-5月，中创新航累计装机量为16.85GWh，位居全球第四位。 5月单月装机量达4.82GWh，创下历史新高，环比4月装机量增长4成，增速全球最快。 而取得装机亮眼成绩背后，是中创新航灵活技术组合与多元场景穿透力。目前，中创新航产品体系 已覆盖乘用车、商用车、储能、船舶、飞行器等多个细分应用场景，并依托优质客户资源与持续释 放的订单，形成多元市场下的协同增长。 斩获国际车企大单 超充技术起量 6月有韩媒披露，公司 已 与现代汽车 集团签署30GWh级别的动力电池订单，计划用于IONIQ 5 等车型。 如若顺利执行，该订单将成为其出海进程中的重要进展节点。 据业内人士透露，中创新航 近期还获得了大众的定点，2 ...

Core Viewpoint - The electric vehicle market continues to grow strongly despite global economic uncertainties, with a 28% year-on-year increase in global electric vehicle sales from January to May 2025, leading to a rise in battery installation volume and benefiting Chinese battery companies significantly [2][4]. Group 1: Market Performance - In the first five months of 2025, six Chinese battery companies, including CATL, BYD, and others, achieved a market share of 68.4%, nearing 70% [4][3]. - BYD showed the most significant growth in market share, increasing by 2% compared to the same period last year, while four major Japanese and Korean companies saw a decline in their market shares, with LGES experiencing the largest drop of 2.1% [4][6]. Group 2: Regional Insights - In Europe, Korean battery companies' market share fell to 35.6%, a significant decrease of 15.4 percentage points year-on-year, while Chinese companies' market share rose to 56.3% [6][7]. - Despite a 20.5% year-on-year increase in European electric vehicle sales, the growth benefits were predominantly captured by Chinese battery companies [7]. Group 3: Company Strategies - Chinese battery companies like CATL and others are actively investing in factories in Europe to expand their market presence. For instance, CATL's battery installation capacity in China reached 26.2 GWh in May, a 39% year-on-year increase, with a domestic market share of 42% [8][9]. - CATL's major clients include Xiaomi, Tesla, and Geely, with Xiaomi's new SUV model YU7 expected to significantly boost CATL's installation volume [8]. Group 4: Competitive Landscape - Korean battery manufacturers are focusing on the North American market due to previous incentives, but recent policy changes under the Trump administration are impacting their investment strategies and market competitiveness [9][10]. - LG Energy Solutions plans to cut capital expenditures by up to 30% due to changing market conditions, indicating a slowdown in growth [10].

Core Insights - The competition between CATL and Zhongchuang Innovation is a significant battle for technological dominance and market position in the global power battery industry [1][7] - CATL holds a 36.8% global market share, while Zhongchuang Innovation has rapidly risen from ninth in 2018 to third in 2021, aiming to enter the top four global suppliers by 2024 [1][2] Patent Disputes - The patent battle is central to the competition, with CATL initiating a lawsuit in July 2021 against Zhongchuang Innovation for infringing five patents, seeking 647 million yuan in damages [2] - Zhongchuang Innovation successfully invalidated some of CATL's patents, leading to a counter-suit in October 2024, claiming infringement of four patents and seeking 1.007 billion yuan in damages [2] Product and Market Strategies - Zhongchuang Innovation shifted its product focus from lithium iron phosphate to high-voltage ternary lithium batteries to align with market demands [4] - The company has successfully penetrated the passenger vehicle market and attracted key clients like GAC Aion, significantly increasing its market share [4] - Zhongchuang Innovation adopted a pricing strategy below CATL's average battery prices, which contributed to its rapid market expansion and improved profitability, with a gross margin of 15.6% in the first half of 2024, up 6 percentage points year-on-year [4] CATL's Response - CATL remains proactive, investing 13.07 billion yuan in R&D in the first three quarters of 2024 to maintain its technological edge [4] - The company has also engaged in multiple lawsuits to protect its intellectual property against various competitors, showcasing its strong IP strategy [4] Market Dynamics - Despite CATL's profit growth, its revenue has declined year-on-year, and it faces pressure on production capacity utilization [5] - In contrast, Zhongchuang Innovation has reported strong performance in the passenger vehicle market and made strides in energy storage and marine electrification, securing international orders [5] Industry Implications - The rivalry between CATL and Zhongchuang Innovation reflects the overall rise of China's power battery industry, driving technological advancements, cost reductions, and expanding application scenarios [7] - Their competition contributes to China's strong position in the global green energy revolution, enhancing the country's influence in the battery market [7]

2024 年 11 月，阳光电源与英国 Fidra Energy 成功签约 4.4GWh 储能项目， 包括 3.3GWh 索普·马什 （ Thorpe Marsh ）项目及 1.1GWh 的 WBC （韦斯特伯顿 C 项目）， 项目部署 880 套阳光电源 Power Titan2.0 液冷储能系统， 采用 中创新航 314Ah 电芯， 项目将在 2025 年启动建设 。 截止目前两座储能电站项目进度如下： 1. 索普·马什（ Thorpe Marsh ）项目 项目关键里程碑： 2025 年 1 月， Doncaster 市政府批准规划许可 2025年3 月，在国家能源系统运营商 (NESO) 容量 T-4 竞拍中，该项目获得了为电网提供容量的 15 年 1.4GW 的合同 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ -广告- 本文来源：鑫椤锂电 2024 年 10 月，投资机构 EIG 宣布成立 Fidra Energy ，这是一家总部位于英国爱丁堡的欧洲电池和能 源储存（ BESS ）平台。 Fidra Energy 正在开发英国最大的三个电池储能项目，分别 ...

Core Viewpoint - The controlling shareholder and actual controller of Suoao Sensor, Li Hongqing, plans to reduce his shareholding by up to 23,896,467 shares, representing 3% of the total share capital, within three months after the announcement [1] Shareholding Changes - Li Hongqing currently holds 291,120,704 shares, accounting for 36.55% of the total share capital [2] - Following a share transfer agreement with Zhongchuang Xinhang, Li will transfer 87,620,380 shares (11% of total shares) to Zhongchuang Xinhang, leaving him with 203,500,324 shares (25.55%) [2][3] - After the transfer and the waiver of voting rights, Li will hold 47,775,013 shares with voting rights (6% of total shares), while Zhongchuang Xinhang will hold 87,620,380 shares with voting rights (11%) [3] Future Issuance and Fundraising - Zhongchuang Xinhang will acquire control of the listed company and has agreed to subscribe for up to 119,482,337 A-shares, raising a total of up to 672,685,557.31 yuan for the AMB copper-clad laminate project [3] - After the issuance, Zhongchuang Xinhang will hold 207,102,717 shares (22.61% of total shares) [3][4] Historical Fundraising - The company previously raised 475,999,950.62 yuan through a share issuance in July 2021, with a net amount of 466,656,622.39 yuan after deducting issuance costs [4]

Group 1 - The core viewpoint of the news is the successful completion of the 2025 Pearl River Delta and Guangdong East-West North Economic Cooperation Investment Conference, which resulted in 661 investment projects with a total investment amount of 302.2 billion yuan [1][2] - The conference highlighted the importance of economic cooperation between the Pearl River Delta and Guangdong East-West North regions, facilitating industrial transfer and promoting coordinated regional development in Guangdong [1][2] - The investment projects cover various industries, including electronic information, new energy, new materials, food processing, and low-altitude economy, indicating a diverse economic focus [1][2] Group 2 - The previous two investment conferences resulted in 575 projects with a total investment of 481.4 billion yuan, showcasing the growing investment interest in the Guangdong East-West North region [2] - The feedback from enterprises indicates that local government efficiency and industrial support capabilities are crucial factors for businesses considering investment in the region [2][3] - The conference also featured local officials promoting their regions' resources, industry characteristics, and preferential policies, which is expected to create a strong incentive effect for investors [3]

Flash | | Figure 1. Domestic NEV-PV Battery Installation (Implied by Weekly Insurance Sales of NEV Players) | | --- | | Sector installation | 9,178 | 10.856 | 10,653 | 10,722 | 11,925 | 29.9% | 11.2% | 14,5% | 37.39 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | CATL | 4,359 | 4,560 | 5,074 | 5,258 | 5,857 | 34.4% | 11,4% | 15.8% | 39.1% | | BYD | 3,769 | 4,322 | 3.653 | 3,547 | 4,006 | 6.3% | 12.9% | 2.5% | 62.7% | | CALB | 593 | 693 | 670 | 681 | 749 | 26.3% | 10.0% | 6.6% | 52.7% | | E ...

动力电池方面，随着一众新能源势力持续突进，动力电池装车量保持高增速，相关数据显示今年 Q1 我国新能源汽车产销量分别增长约 50% 和 47% ，让电池企业有效消纳囤货甚至提前开始备货。 值得一说的是，今年有两个新势力的出现，让电池产业看到了新的蓝海。 首先是数据中心储能板块，数据中心由于对电力要求高，导致项目和储能搭对出现，不完全统计今年新增算力中心项目超过 150 个，为此起 点锂电认为数据中心储能将会在未来几年得到飞速发展，海内外皆是如此。 其次是机器人领域，起点锂电此前报道称已有 15 家企业布局机器人赛道，人形机器人商业化进程在今年开始加速，将成为动力电池尤其是圆 柱电池下一个发展机会。 所以，今年 Q1 各大电池厂的业绩情况如何？ 01 今年锂电行业在订单上呈现出回暖趋势，年初储能领域接连出现大单，欧洲户储风潮过后，迎来的是全球范围内的大储风潮。 且 AI 的快速发展，让全球电力行业感到负担，因为 AI 运转需要的硬件、模型建立、数据中心、温控系统等诸多环节都是吞电兽。 在此影响下，储能规模只会越来越大。 与中国电池厂形成鲜明对比，韩国电池厂业绩一塌糊涂， LG 新能源相对好一些，但三星 SDI ...

5月28日，中创新航公告，当日，公司与邯郸市产投集团及邯郸市城运集团订立合资协议，内容有关（其中包括）成立合资公司。 根据合资协议，中创新航与邯郸方同意通过现金出资共同成立合资公司。 合资公司的注册资本金为人民币40亿元，由中创新航及邯郸方按其 各自于合资公司持股60%及40%，分别出资人民币24亿元及人民币16亿元。 合资公司将被视为中创新航的附属公司，且其财务业绩将并入 集团的综合财务报表。 公告显示，邯郸市产投集团为一家于中国注册成立的有限责任公司，是河北省邯郸市产业投资、产业引导、资本运营主体，主要业务板块包括 资本运营、水务环保、清洁能源、文化旅游、水利建设、数据运营、园区运营、特种施工等。邯郸市产投集团的最终实益拥有人为邯郸市人民 政府国有资产监督管理委员会。 邯郸市城运集团为一家于中国注册成立的有限责任公司，主要承担邯郸市城市基础设施建设、交通基础设施建设、市政公用运营服务等领域的 投融资、开发建设和运营管理工作，主要业务板块包括政府投资项目代建、土地整理、房地产开发经营、供气供暖、环卫垃圾、市政养护、城 市绿化管理、智慧城市、城市公共交通、高速运营、航空运输等。邯郸市城运集团的最终实益拥有人为 ...

-广告- 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源：综合报道 5月28日，中创新航（03931.HK）公告，当日， 公司与邯郸市产投集团及邯郸市城运集团（统称为"邯 郸方"）订立合资协议，内容有关（其中包括）成立合资公司。 根据合资协议，中创新航与邯郸方同意通过现金出资共同成立合资公司。合资公司的注册资本金为人民币 40亿元，由中创新航及邯郸方按其各自于合资公司持股60%及40%，分别出资人民币24亿元及人民币16 亿元。合资公司将被视为中创新航的附属公司，且其财务业绩将并入集团的综合财务报表。 近日中创新航大动作频频， 5月24日，锂电巨头中创新航发布消息称， 中创新航为拉丁美洲大型光储一 体化项目——智利塔拉帕卡 Aurora 项目提供高性能储能电芯。 中创新航介绍，该项目预计每年将输送600GWh可再生电力，满足20万户家庭全年用电需求，是智利能 源转型的标杆工程。 每年将输送600GWh可再生电力，这是当前拉美地区最大光储项目之一。 此次合作背后，是中创新航全球技术布局的深度协同。 项目采用的314Ah Gen2.0储能电芯，正是中创新航 在 ...