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Although there are numerous power lithium-ion battery companies in China, with production and shipment volumes constantly soaring, the top five companies have a high market share and industry concentration is constantly increasing. According to Liu Yanlong, Secretary General of the China Chemical and Physical Power Supply Industry Association, in 2015, the top 20 power lithium battery companies had a supporting capacity of 12.76GWh, accounting for 81.3% of the total supporting capacity, and the top five companies had a supporting capacity of 56.3%. By 2016, the top 20 power lithium battery companies had a supporting capacity of 25.35GWh, accounting for 83.1% of the total supporting capacity in 2016. The proportion of supporting capacity among the top five companies has increased to 64.5%, and it is expected that the concentration will further increase in the coming years.

Supporting Capacity of Top 20 Power Lithium Battery Companies in 2015 (GWh)

Top 20 power lithium battery companies' supporting capacity in 2016 (GWh)

From the global sales of power lithium batteries in 2016, among the top five companies, China's power lithium battery companies have already occupied three seats. China's power lithium battery shipments account for 65% of the global total. Fang Jianhua said that China's leading power lithium battery companies have begun to play a prominent role. At present, some foreign mainstream vehicle manufacturers are gradually starting to cooperate with domestic large battery companies. Some companies represented by BYD and CATL have already had international competitive advantages.

Sales of important battery manufacturers in 2016

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