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Tianjin Lishen, Bike, and Mengguli, three established lithium battery manufacturers in China, respectively ranked 2nd to 4th on the 2015 ternary/manganese lithium battery supply list. In 2015, the supply of ternary/manganese lithium battery exceeded 300000 kWh, and their respective market shares are shown in Figure 4. The rising stars Shandong Hengyu and Duofuduo have developed rapidly, starting to emerge in 2014 and further advancing in 2015, with annual sales of over 150000 kWh. After being acquired by Jinshajiang Capital, Boston Power in the United States has focused on developing the new energy vehicle market in China and achieved good results. Guo Chuntai, a flagship figure in the field of soft pack lithium batteries, has created a ternary power lithium battery product for Jiewei Power, which has been recognized by car companies such as Chery. As a result, sales have significantly increased, ranking among the top 10 in 2015 with a performance of over 110000 kWh.

Due to its partnership with BMW (China), CATL has determined to focus mainly on ternary/lithium manganese oxide power lithium batteries in the electric passenger vehicle market, and the related progress is also very fast. In 2015, CATL's sales of ternary power lithium batteries also exceeded the 100000 kWh mark. In addition, in 2015, Foster, Suzhou Xingheng, Suzhou Yuliang, Gushen Energy, Jiangsu Tianpeng, Zhejiang Tianneng, Hunan Thornton, Wanxiang, Jiangsu Zhihang, and Suzhou Xinzhong were among the companies that sold over 50000 kWh of ternary power lithium batteries for vehicles. Among them, there are both old and new companies, showing a development trend of "letting a hundred flowers bloom and a hundred schools of thought contend".

1.5 Current Supply Status of Battery Products 2 (by Product Form)

At the beginning of the development of automotive power lithium-ion battery technology, most battery manufacturers in China chose the square battery route. Therefore, this route has become the most mature and has the highest degree of industrial concentration. As shown in Figure 5, out of the total demand for 9.9218 million kWh of square batteries in 2015, BYD, CATL (formerly known as ATL Power Lithium Battery Business Unit), Guoxuan High tech, Tianjin Lishen, and AVIC Lithium (among which AVIC Lithium is a bit unique, with its product form being a combination of soft bags and square batteries) accounted for 76.44% of the market share, ranking in the first tier; BYD alone holds nearly 30% of the market share.

Wanxiang, Guangyu, Zhongju, Shandong Weineng, Jiangsu Chunlan, Shandong Hengyuan, Shanghai Aerospace Power, Suzhou Xingheng, and other manufacturers are in the second tier. These manufacturers have a significant gap with the first tier manufacturers, but their annual sales all exceed 100000 kWh. In addition to the 13 manufacturers mentioned above, there are also 38 manufacturers that had a supply market for square type power lithium batteries in 2015, but their total market share is only 8.17%.

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