IPO研究｜预计2030年中国纯电动汽车换电市场规模705亿元

Company Overview - Aodong New Energy Co., Ltd. was established in June 2016 by Cai Dongqing and Zhang Jianping, focusing on building a comprehensive product and service portfolio for the battery swapping ecosystem [2] - The company has submitted its application to the Hong Kong Stock Exchange for a mainboard listing, with CMB International as the sole sponsor [2] Industry Growth - The global pure electric vehicle (EV) market has seen rapid growth, with sales increasing from 2.2 million units in 2020 to an expected 11.8 million units by 2024, representing a compound annual growth rate (CAGR) of 52.8% [2] - By 2030, global EV sales are projected to reach 31.6 million units, with a CAGR of 17.8% from 2024 to 2030, driven by government incentives, carbon neutrality goals, and ongoing technological advancements in batteries and electric drive systems [2] Market Dynamics in China - China has emerged as a global leader in the adoption of pure electric vehicles, with sales projected to grow from 1.1 million units in 2020 to 6.9 million units by 2024, achieving a CAGR of 57.0% [3] - By 2030, sales in China are expected to reach 19 million units, with a CAGR of 18.5% from 2024 to 2030 [3] - The electrification of medium and heavy-duty trucks is also progressing, particularly in high-load fixed-route applications such as port transport and logistics, which can reduce emissions and improve cost efficiency [3] Battery Swapping Market - The battery swapping industry in China is projected to grow from RMB 1.5 billion in 2020 to RMB 10.3 billion by 2024, with a CAGR of 61.1% [4] - By 2030, the market size is expected to reach RMB 70.5 billion, with a CAGR of 37.8% from 2024 to 2030 [4] - Battery swapping technology is becoming a crucial complement to traditional charging infrastructure, allowing for energy replenishment in minutes and addressing seasonal charging efficiency issues [3][4] Competitive Landscape - The industry comprises two types of players: pure electric vehicle manufacturers with battery swapping networks and independent third-party solution providers offering cross-brand services [6] - Aodong New Energy is positioned as the leading independent third-party battery swapping solution provider in China based on revenue generated from battery swapping station operations in 2024 [6]