Zhong Guo Neng Yuan Wang·2025-05-12 06:58Industry Overview - In April, wholesale sales of electric passenger vehicles reached 1.14 million units, representing a year-on-year increase of 42% and a month-on-month increase of 1% [1][3] - In Europe, the combined sales of nine countries in April totaled 214,000 units, showing a year-on-year decrease of 25% and a month-on-month decrease of 30% [1][3] - Domestic electric vehicle sales from April 28 to May 4 were 203,000 units, reflecting a month-on-month decrease of 14% and a penetration rate of 48% [1][3] - CATL launched the world's first 9MWh ultra-large capacity energy storage system solution [1][3] - The demand for large-scale energy storage systems is expected to surge in emerging markets like Europe and the Middle East, with a projected CAGR of 20-40% for global energy storage installations from 2025 to 2028 [6][8] Company Developments - CATL is seeking approximately $1 billion in loans to support its business expansion in Indonesia [1][3] - Zeekr is set to delist from the US stock market and merge with Geely Automobile [1][3] - EVE Energy has launched eight new commercial vehicle products to meet diverse market demands [1][3] - Three Flowers Intelligent Control has received approval from the China Securities Regulatory Commission for the issuance of H-shares, planning to issue no more than 477 million shares [5] - BYD's employee stock ownership plan has accumulated purchases of 3.012 million shares at an average price of approximately 357.59 yuan per share [5] Market Trends - The electric vehicle market is experiencing intense price competition, with new models being released frequently [6][7] - The lithium battery sector is currently viewed as undervalued, with key companies like CATL and BYD expected to perform well [7][8] - The wind power sector is projected to see significant growth, particularly in offshore wind, with expectations of 10GW+ installations in 2025 [6][8] - The solar energy industry is undergoing self-regulation, which is anticipated to alleviate internal competition and improve profitability [6][8]