In April 2025, the power battery industry saw significant growth, with leading enterprises competing in new tracks

In April 2025, the power battery industry saw significant growth, with leading enterprises competing in new tracks

In April 2025, the sales volume of new energy vehicles in China reached 1.226 million units, increasing by 44.2% year-on-year. The installed capacity of power batteries was 54.1GWh, with a year-on-year increase of 52.8%. Catl and Honda China have upgraded their strategic cooperation, deepening collaboration in areas such as lithium iron phosphate batteries and CTB integration technology, and consolidating their technological and supply chain advantages. Byd, relying on its vertical integration model, installed 14.17GWh of power batteries in April, with a market share of 26.35%. Its market share of lithium iron phosphate batteries is approaching that of CATL, which has formed a synergy with the growth in sales of new energy vehicles. Guoxuan High-Tech's overseas vehicle installation volume in the first quarter increased by 108.2% year-on-year. In April, it ranked fourth in the industry with an installation volume of 3.14GWh. Sunwoda and others achieved growth by expanding their energy storage business. The overall sales volume of the energy storage sector increased by 75.5% year-on-year in that month. Industry leaders and second - and third-tier enterprises each sought breakthroughs, and the energy storage and overseas markets became the focus of competition.