宁德时代布局电池返修业务，但目前只修自家

Core Viewpoint - CATL is expanding its battery repair business, currently limited to its own batteries, in response to the increasing challenges in the after-sales market for electric vehicles, where battery replacement costs can exceed the price of a new vehicle [1][2]. Group 1: Market Challenges - The penetration rate of new energy vehicles has surpassed 50%, leading to significant after-sales issues, including high costs and difficulties in maintenance [1]. - The average replacement cost for a battery in a new energy vehicle is around 100,000 yuan, which is more than 50% of the vehicle's total price [1]. - The complexity of battery repair has increased due to higher energy density requirements, resulting in a maintenance dilemma where battery packs are often replaced rather than repaired [1]. Group 2: CATL's Response - On August 10, CATL launched the CTP repair service under its independent after-sales brand, Ningjia Service, which offers repair costs significantly lower than full battery replacement, ranging from 10,000 to 20,000 yuan [2]. - Ningjia Service has over 1,100 service outlets in 75 countries, with more than 800 located in China, providing various services including battery testing, maintenance, and recycling [2]. Group 3: Market Potential - The new energy after-sales market in China is projected to exceed 1.9 trillion yuan in 2024, with an expected growth rate of 25% annually, potentially surpassing 3.9 trillion yuan by 2027 [2]. - The after-sales maintenance market for new energy vehicles is forecasted to reach 300 billion yuan by 2025 [2]. Group 4: Strategic Goals - CATL aims to leverage its advantages in battery technology and ecosystem to create a closed-loop system for battery production, usage, recycling, and regeneration through Ningjia Service [3]. - The company envisions expanding its after-sales market to include various business types beyond vehicle maintenance, such as charging, low-altitude economy, and zero-carbon infrastructure [3].