鑫椤锂电·2025-06-11 09:21Core Viewpoint - The article highlights the significant growth in the production, sales, and export of power and other batteries in China during May 2025, indicating a robust demand and market expansion in the electric vehicle sector. Group 1: Battery Production - In May 2025, the total production of power and other batteries in China reached 123.5 GWh, with a month-on-month increase of 4.4% and a year-on-year increase of 47.9% [7] - From January to May 2025, the cumulative production of power and other batteries was 568.1 GWh, reflecting a year-on-year growth of 62.6% [7] - The production breakdown by material type in May showed that lithium iron phosphate batteries accounted for 96.1 GWh (77.8% of total production), while ternary materials contributed 27.2 GWh (22.0%) [6] Group 2: Battery Sales - In May 2025, the sales of power and other batteries totaled 123.6 GWh, with a month-on-month increase of 4.7% and a year-on-year increase of 58.1% [11] - Cumulative sales from January to May 2025 reached 527.5 GWh, representing a year-on-year growth of 69.8% [11] - The sales composition in May indicated that power batteries accounted for 70.8% of total sales, while other batteries made up 29.2% [11] Group 3: Battery Exports - In May 2025, the total export volume of power and other batteries was 19.0 GWh, showing a month-on-month decrease of 14.6% but a year-on-year increase of 23.0% [22] - Cumulative exports from January to May 2025 reached 102.9 GWh, with a year-on-year growth of 68.0% [22] - The export breakdown for May indicated that power batteries accounted for 71.1% of total exports, while other batteries made up 28.9% [22] Group 4: Battery Installation - In May 2025, the installation volume of power batteries was 57.1 GWh, with a month-on-month increase of 5.5% and a year-on-year increase of 43.1% [42] - Cumulative installation from January to May 2025 reached 241.4 GWh, reflecting a year-on-year growth of 50.4% [42] - The installation volume for lithium iron phosphate batteries in May was 46.5 GWh, accounting for 81.6% of total installations, while ternary batteries contributed 10.5 GWh (18.4%) [42] Group 5: Market Leaders - In May 2025, CATL led the market with a battery installation volume of 24.47 GWh, representing 42.87% of the total market share [58] - BYD followed with an installation volume of 12.84 GWh, accounting for 22.49% of the market [58] - Other notable companies included Zhongchuang Innovation and Guoxuan High-Tech, with installation volumes of 4.30 GWh and 3.00 GWh, respectively [58]