CTECHI is an expert in battery solutions, specializing in ODM, OEM, and SKD for energy storage, motive power, and consumer batteries.

Power battery orders 'exploded' across the board in 2020, new companies increase by 66.1%

2021-10-03

CTECHi

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Recently, due to the strong market demand, the power battery industry chain has 'exploded ordersAccording to the company's data, as of January 2021, there were 18,000 power battery-related companies in my country. There were 5,253 newly registered companies in 2020, a year-on-year increase of 66.1%, of which 2,953 were newly registered in the fourth quarter, a surge of 196.5 month-on-month. %. In terms of regional distribution, Guangdong is currently the province with the most power battery-related companies in my country, with a total of 3,728, with Hunan and Jiangsu ranking second and third. As the domestic new energy vehicle market continues to strengthen, the power battery industry chain closely related to new energy vehicles is rapidly heating up. In the past ten years, the number of registrations of power battery-related companies in my country has continued to grow. In 2015, it exceeded 1,000 for the first time, and 3,000 in 2018. A total of 5,253 companies were registered in 2020, a year-on-year increase of 66.1%, compared with the data increase in 2010. 15 times. In terms of quarterly data, the number of registrations in the first quarter of 2020 is relatively small, at 410, and in the second and third quarters, there were 894 and 996 respectively. The industry ushered in a rare huge increase in the fourth quarter, with a total of 2,953 newly registered companies, an increase of 195.6% from the previous quarter. From the perspective of regional distribution, my country's power battery-related companies are mostly concentrated in the southern region. Among them, the number of enterprises in Guangdong Province ranks first in the country, with a total of 3728 related enterprises. Hunan Province ranked second with a total of 2,867 companies. Jiangsu Province ranks third with 1,641 companies. In addition, Shandong and Zhejiang have more than 1,000 enterprises, and Henan, Fujian, Anhui, Shaanxi, and Hubei have more than 500 enterprises. From the perspective of enterprise scale, power battery-related companies with a registered capital of more than 5 million accounted for the majority of the industry, with a total of 9,350 companies, accounting for 51% of the total. The number of power battery companies with a registered capital of less than 1 million is the smallest, only 3375, accounting for 18% of the total. Editor's comment: Before 2014, the new energy automobile industry as a whole was in its infancy and entered a period of rapid development in 2015. In 2020, under the background of the traditional auto market being cold, new energy vehicles will still maintain a growth trend. With the development of 'new infrastructure' such as the construction of charging piles and the laying of 5G infrastructure, and the continuous increase of its global share, the growth of my country's new energy vehicles will continue to be boosted.

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