Shulou(Shulou.com)11/24 Report--

According to the news on October 9, the blade battery launched by BYD in March 2020 has been widely used in its pure electric and hybrid vehicles, and has begun to supply to other manufacturers. It has also been reported that BYD will supply blade batteries to Tesla's Berlin super factory. BYD's Model Y equipped with BYD blade batteries has also been approved by the European Union.

With the continuous increase of BYD's own production of new energy vehicles and the increase of supply to partners, the installed capacity of BYD electric vehicle batteries is also increasing.

The latest report from the research institute shows that the installed capacity of BYD electric vehicle batteries has been higher than that of LG New Energy, the second largest supplier for two months in a row, second only to the Ningde era.

According to the report of the research institute, the newly installed capacity of BYD electric vehicle batteries in August was 6.5GWh, an increase of 4GWh compared with 2.5GWh in the same period last year, an increase of 158.7% over the same period last year, and the share of newly installed batteries in global electric vehicles increased to 14.3% from 10.5% in the same period last year.

In August, the newly installed number of batteries for LG new energy electric vehicles was 5GWh, up 16.1% from a year earlier, and its share fell to 11% from 18.1% in the same period last year.

BYD installed more batteries than LG New Energy in August, which means they are higher than LG New Energy for the second month in a row. In July, BYD's new installed capacity was 6.4G Whper LG New Energy for 4.4GWh.

Although BYD has installed more batteries than LG New Energy for two months in a row, there is still a gap in this year's installed capacity. In the first eight months of this year, the number of batteries installed in LG new energy electric vehicles was 39.4GWh and BYD was 36.5GWh, according to a report by the research institute.

Considering that the gap in installed capacity between BYD and LG New Energy is less than 3GWh in the first eight months, BYD has higher 2GWh and 1.5GWh than LG New Energy in July and August, respectively. If the average monthly 0.725GWh continues to be high in the following four months, BYD's electric vehicle battery installed this year will exceed LG New Energy.

"SNE Research: Ningde era leads the world, Chinese electric car battery manufacturers all have a big increase in capacity in August."

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