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The installed capacity of new energy vehicles is about 1.175 million in 2019, with a year-on-year decrease of 6.6%, according to the data from SPIR. From the perspective of installed capacity of batteries, the total installed capacity was 62.28GWh in 2019, with a year-on-year increase of 9.2%.
As a dark horse player among power battery suppliers for new energy vehicles in 2019, Great Power has increased its installed capacity year after year, ranking all the way up, and won the 9th place around China in the total installed capacity of power batteries for new energy vehicles in 2019.
Top 10 in China
▲ Data from: Starting Point Institute & Research (SPIR)
Great Power Ranks 9th Place in Installed Capacity Annually, 4th Place in August
As it is shown in the data, the total installed capacity of power batteries from Great Power for new energy vehicle is 650MWH in 2019. It ranked 9th in China.
Great Power has been growing steadily in power battery supporting for passenger vehicles in 2019, in which it entered the top 4 in August and maintained the top 10 in 2019.
TOP 10 Installed Capacity of Power Batteries in August 2019
Ranking First on Supporting for New Energy Passenger Vehicles
In addition, the amounts of vehicles with supporting of lithium iron phosphate battery developed and produced by Great Power is rising rapidly, which ranked 1st in passenger vehicles supporting on the 327th batch of "Road Motor Vehicle Manufacturing Enterprises and Product Announcements” from the Ministry of Industry and Information Technology on December 17. There are 7 passenger vehicles equipped with lithium iron phosphate batteries in this batch of announcements, of which Great Power has 5 types supported which ranked first, mainly supporting SAIC-GM-Wuling.