Chinese Secondary Battery Marketplace Dominated by BYD, Says SNE Research in Its Report Available at MarketPublishers.com01 Nov 2016 • by Natalie Aster
LONDON – China has plans to distribute 5 million (mln) electric vehicles (EVs) by 2020. As of 2015, this country produced 370,000 such vehicles and this figure is expected to amount to 700,000 in 2017. Growth in the EVs market encourages growth of the local market for lithium ion secondary batteries. In 2015, the supply volume almost reached 20 GWh and over 40 GWh are set to be supplied as secondary batteries for the vehicles.
BYD dominates the marketplace in terms of share. This producer had shipments of around 3.6 GWh in 2015. This company can boast rapid growth.
Established as a secondary battery business, it has captured shares in other industries like the electric vehicle industry. The company is expected to produce more than 21.8 GWh in 2018.
The producer also enjoys interest from overseas companies. For instance, a 9% share in it belongs to Berkshire Hathaway.
In-demand research report “Analysis of Chinese Producers of Secondary Batteries for Electric Vehicles: BYD” worked out by SNE Research offers an up-close look on the Chinese producers of secondary batteries for EVs, with special attention paid to BYD. The study starts with a detailed company introduction by covering its history, management team, organization structure, and more.
The report delves deep into the company’s financial and includes details on share holders and business revenue. The annual report is available in the research study, too. The research report casts light on technological aspects: it focuses on R&D, comprises a product portfolio, cell performance, and more.
The study explores production trends: it contains information on the production, technologies and the capability plan.
Reasons to Buy:
- get access to the valuable information on the number one player in the Chinese market;
- find out which technologies this company is making use of, R&D aspects, and more;
- keep abreast of production trends;
- get to know financial data relative to BYD.
More insightful research studies by SNE Research can be found at its page.