China’s new energy vehicle (NEV) industry chain in the first half of this year was characterized by two major trends: supply chain integration and domestic substitution. The competitive landscape was dominated by key players such as CATL and FinDreams Battery, who together held a significant market share in the power battery and core NEV component sectors. This consolidation of power in the industry laid the foundation for future growth and innovation.
The localization process also saw significant progress, with domestic companies capturing a majority share of the power semiconductor device market dedicated to e-drive. Automakers like BYD, Tesla, and NIO made strategic moves towards vertical integration by developing core components in-house, signaling a shift towards a more integrated and competitive ecosystem within the industry.
The rankings of power battery suppliers revealed a highly concentrated market, with the top players holding a significant share. CATL and FinDreams Battery emerged as leaders, showcasing their technological prowess and dominance in the market. The top 5 suppliers collectively held a large portion of the market, highlighting the intense competition and need for continuous innovation in the industry.
In the realm of power battery pack suppliers, a clear trend of OEM in-house production emerged, with FinDreams Battery and CATL leading the way. Automakers’ focus on in-house production signaled a strategic shift towards cost reduction and technological control. The fragmented yet competitive landscape showcased the diverse strategies employed by different suppliers to stay relevant in the market.
The rankings of BMS suppliers highlighted the dominance of FinDreams Battery and CATL, who together held a significant market share. The emphasis on OEM in-house development of BMS solutions underscored the importance of vertical integration and supply chain security for automakers in the evolving NEV industry.
In the electric drive motor and electric motor controller sectors, FinDreams Powertrain emerged as a dominant player, showcasing its technological advantage and scale in the market. OEM in-house development and strategic partnerships were key factors driving competition and innovation in these segments.
The power semiconductor device market dedicated to e-drive saw BYD Semiconductor leading the pack, with a significant market share. The presence of Chinese companies among the top suppliers reflected the accelerated pace of domestic substitution in the industry, while global players like Infineon and STMicroelectronics maintained their competitive edge.
The rankings of OBC suppliers highlighted the strong position of FinDreams Powertrain, underscoring its technological prowess and market dominance. The top 5 suppliers collectively held a large portion of the market, indicating a stable competitive landscape with high barriers for new entrants.
In the multi-in-one main drive system segment dedicated to BEVs, FinDreams Powertrain held a commanding lead, showcasing its technological expertise and scale advantages. The diverse competitive landscape with both OEM self-supply and independent suppliers highlighted the opportunities for innovation and collaboration in the market.
The rankings of electrical compressor suppliers saw FinDreams Technology leading the pack, with a significant market share. The top 5 suppliers collectively held a large portion of the market, indicating a highly concentrated landscape with opportunities for new entrants to make their mark through technological advancements and strategic partnerships.
