According to the public information, byd huizhou plant production capacity is 2GWh, shenzhen plant production capacity is 14GWh, qinghai plant planned production capacity is 12GWh. In addition, according to statistics of changjiang securities, from January to September this year, byd achieved 6.8GWh power battery installation, with a market share of 25%, accounting for 67% of the domestic market in total with ningde times, basically forming a duopoly market pattern.
"New energy vehicles sell particularly well, and then they need a lot of power batteries." The relevant person in charge of manufacturer of power battery explains to the reporter.
Byd's new energy passenger car sales data confirm the extent of the market. "From January to February of this year, sales of new-energy passenger cars were still around 7,000 or 8,000. In march, they started to exceed 10,000. In August, they started to exceed 20,000." Byd said the person in charge of the introduction. Byd sold 26,066 new-energy passenger cars in October, the company said.
Byd sold 48,497 cars in October, including 27,667 new energy vehicles, or about 57 percent of the total, the company said.
Data from the China association of automobile manufacturers shows that from January to October this year, China produced and sold 879,000 new energy vehicles and 860,000 new energy vehicles, an increase of 70% and 75.6% respectively over the same period last year. In the context of the overall micro growth of the automobile market, the performance of new energy vehicles is still strong.
Strong sales mean a further increase in demand for power cells, "according to our research, the leading manufacturers of power cells are basically in full production." Have broker researcher to tell a reporter.
According to the "power battery field database" recently released by the high-tech industry research institute, from January to October 2018, the installed number of new energy passenger vehicles' power batteries was about 619,000, an increase of 88% year on year. Total installed power: 21.63GWh, up 139% year on year.
Leading companies' financial results have reflected the industry's high degree of prosperity. For example, ningde times, the company's net profit after deducting non-recurring profit and loss in the first three quarters was 1.985 billion yuan, up 88.7% year on year, and the net profit after deducting non-recurring profit and loss in the third quarter was 1.288 billion yuan, up 138% year on year. The growth rate of the installed machine exceeded the previous market consensus.