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

According to the latest data from SNE Research, the cumulative installed capacity of power batteries in the overseas (except China) market in the Ningde era from January to August 2023 was 54.7GWh, a year-on-year growth rate of 111.1%, and its market share soared to 27.7%, an increase of nearly 7 percentage points over the same period last year, ranking first among the top 10 manufacturers in the world.

Ningde era is booming overseas, thanks to its leading technology, products and services continue to gain market recognition. According to Ningde Times, it has recently received large orders from a number of European local car companies, such as Volkswagen, Stellantis, BMW, Mercedes-Benz, etc., and won a higher share in the new round of European car companies in 2026-2030, continuing to support its steady increase in European market share.

In addition to European car companies, Ningde era and Toyota, Hyundai, Honda and other leading car companies in Japan and South Korea are also deepening cooperation. It is reported that Toyota will introduce lithium iron phosphate batteries in its pure electric vehicles from 2026 to 2027, and Hyundai will introduce Ningde-era CTP technology for sale in South Korea. New car-building brands in Southeast Asia and other regions, such as Vietnamese car company VinFast and Thai car company Arun Plus, have also reached related cooperation intentions with Ningde era.

Winning orders from overseas customers one after another is making the road to sea in the Ningde era more and more smooth.

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