GGII: China's Power Battery Installations Reach About 560.3GWh in First Three Quarters, Up 16% Year-on-Year

Stock News10-28 19:11

According to statistics from the Gaogong Industry Research Institute (GGII) based on compulsory traffic insurance data for new energy vehicles, China's domestic power battery installations totaled approximately 560.3GWh in the first three quarters of 2026, representing a year-on-year increase of 16%.

The top twelve companies in terms of power battery installations together accounted for roughly 544GWh, or 97.1% of total installations, with market concentration edging down 0.5 percentage points compared to the same period last year.

Among the top 12 companies, Gotion High-tech (002074.SZ), EVE Energy (300014.SZ), REPT BATTERO, Zenergy, Jiyue Tongxing, LGES, and EnPower all recorded year-on-year growth rates above 30%.

Among them, REPT BATTERO posted the highest year-on-year growth rate at 71%, with a market share of 2.93%, up nearly 1 percentage point from the same period last year.

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