In August, Ningde era (300750. SZ) overtook LG Chemical, a South Korean rival, in terms of installed power batteries, regaining the top position in the global power battery industry. According to the data released on October 5 by SNE research, a South Korean new energy market analysis company, the global installed capacity of power batteries in August was 10.8 GWH. Ningde times ranked first in the world with the installed capacity of 2.8 GWH, with a market share of 25.9%. LG Chemical and Panasonic ranked second and third, accounting for 22.2% and 19.4% of global installed capacity with 2.4gwh and 2.1gwh respectively. < p > < p > in the first quarter of this year, thanks to the orders of Tesla Model 3, Renault Zoe and Porsche electric vehicles, LG Chemical’s installed capacity surpassed that of Ningde era and seized the global hegemony. This momentum of anti – Ultra was maintained until July. According to the total installed capacity in the first eight months of this year, LG Chemical is still higher than that of Ningde era, but the gap between the two sides has been narrowing, and the difference in market share is only 0.6%. < p > < p > LG Chemical ranks first in the world with 15.9 GWH installed capacity, with a market share of 24.6%. The installed capacity is twice that of the same period last year. < p > < p > Ningde times ranked second with an installed capacity of 15.5 GWH, with a market share of 24%; Panasonic ranked third with an installed capacity of 12.4 GWH, with a market share of 19.2%. By the end of July this year, LG Chemical ranked first with 26.8% market share. The market share of Ningde era is 25.4%, and the market share gap between the two sides is 1.4%. Among the top three power batteries in the world, Ningde times and LG Chemical have new production expansion projects. Compared with the former two, Panasonic is at a disadvantage in new projects. According to the Korea economic daily, South Korean battery industry officials believe that the new energy vehicle market in China was seriously affected by the new crown epidemic in the first half of the year, which is an important reason why LG Chemical can counter the Ningde era. < / P > < p > the official believes that since July, with the obvious recovery of China’s new energy vehicle market, China’s power battery manufacturers will narrow the gap with their Korean counterparts. < p > < p > according to the US EV sales website, 83000 pure electric vehicles were sold in China in August, accounting for about 51% of the global sales of 163 000 vehicles. According to the statistical data of real lithium research in August, the total installed capacity of lithium batteries in China’s electric vehicle market in August was 5.04 GWH, with a year-on-year increase of 31.2%. According to the South Korean economic daily, Ningde era will make efforts in the European market next, and its wholly-owned subsidiary (CATT) in Germany is advancing. In addition, Ningde times won the cooperation agreement from Daimler group, the parent company of Mercedes Benz, in August this year, which will produce soft pack batteries for Daimler and provide batteries, modules and battery systems for Mercedes Benz. In addition to Ningde era, BYD (002594. SZ), vision AESC, GuoXuan high tech (002074. SZ) and AVIC lithium battery technology Co., Ltd. ranked fifth, seventh, ninth and tenth respectively. PEVE, a joint venture between Toyota and Panasonic, ranked eighth, while Samsung SDI and ski from South Korea ranked fourth and sixth. Global Tech

By ibmwl