电力设备及新能源行业周报：1月新能源车销量与动力电池装车量同比高增

Investment Rating - The investment rating for the industry is optimistic [1] Core Insights - In January 2024, the sales of new energy vehicles (NEVs) increased by 76.2% year-on-year, with wholesale sales reaching 682,000 units and retail sales reaching 668,000 units, marking a 101.8% increase year-on-year [2][8] - The installed capacity of power batteries in January 2024 reached 32.3 GWh, representing a year-on-year growth of 100.2% [3][10] - The penetration rate of NEVs in the domestic retail market was 32.8%, up from 25.6% in the same period last year [8] Summary by Sections Investment Highlights - January 2024 saw NEV production reach 734,000 units, a year-on-year increase of 85.1% [2][8] - The export of NEVs in January 2024 was 95,000 units, up 27.1% year-on-year [2][8] - The market share of NEVs among domestic brands was 51.8%, while luxury brands had a share of 22.3% [8] Industry Data - The installed capacity of lithium iron phosphate batteries was 19.7 GWh, accounting for 60.9% of total installations, with a year-on-year growth of 84.2% [3][10] - The installed capacity of ternary batteries was 12.6 GWh, representing 39.0% of total installations, with a year-on-year growth of 131.9% [3][10] Market Review - The electric power equipment and new energy sector rose by 8.0% over the past week, outperforming the CSI 300 index by 2.2 percentage points [12] - The weekly performance of various segments included wind power at 9.0%, photovoltaic at 6.9%, and lithium batteries at 11.1% [12][13] Industry News - The Ministry of Industry and Information Technology held a meeting in November 2023 to guide the capacity layout of the photovoltaic industry [26] - In January 2024, the monthly data on power battery installations was released, highlighting significant growth in the sector [26]