November power battery top 15 report: 6 Companies Exceed Average Growth Rate, Installed Equipment Suppliers Decrease by Two

From January to November, the total domestic installation volume of power batteries reached 671.5 GWh, marking a cumulative year-on-year growth of 42.0%. The cumulative export of power batteries was 169.8 GWh, accounting for 65.2% of total exports, with a cumulative year-on-year growth of 40.6%.

On December 12th, the China Automotive Power Battery Industry Innovation Alliance released the monthly information on power batteries for November 2025.

Cumulative sales of power batteries increased by 50.3% year-on-year in the first 11 months.

In terms of production,In November, the total production of power and other batteries in China was 176.3 GWh, representing a month-on-month increase of 3.3% and a year-on-year growth of 49.2%.

From January to November, China's cumulative production of power and other batteries was 1468.8 GWh, with a year-on-year increase of 51.1%.

In terms of sales,In November, the sales volume of power and other batteries in China reached 179.4 GWh, with a month-on-month increase of 8.1% and a year-on-year growth of 52.2%. Among them, the sales volume of power batteries was 134.0 GWh, accounting for 74.7% of the total sales volume, with a month-on-month increase of 7.8% and a year-on-year growth of 52.7%. The sales volume of other batteries was 45.4 GWh, accounting for 25.3% of the total sales volume, with a month-on-month increase of 8.9% and a year-on-year growth of 50.7%.

From January to November, the cumulative sales of power and other batteries in China reached 1412.5 GWh, with a year-on-year growth of 54.7%. Among these, power battery sales totaled 1044.3 GWh, accounting for 73.9% of the total sales, with a year-on-year growth of 50.3%. Other battery sales totaled 368.2 GWh, representing 26.1% of the total sales, with a year-on-year growth of 68.9%.

Sales ranking and year-on-year comparison.In November, the sales of power and other batteries increased by 52.2% year-on-year. CATL, Gotion High-tech, EVE Energy, REPT, Sunwoda, CENAT, and InPower Battery all exceeded the average growth rate.

In November, the sales of power batteries increased by 52.7% year-on-year, with CATL, Gotion High-Tech, CALB, EVE Energy, REPT, and Sunwoda exceeding the average growth rate.

From January to November, the cumulative sales of power and other batteries increased by 54.7% year-on-year, with companies like CALB, EVE Energy, Gotion High-Tech, REPT, Sunwoda, SVOLT, and CATL New Energy exceeding the average growth rate.

From January to November, the cumulative sales of power batteries increased by 50.3% year-on-year, with companies like CALB, EVE Energy, SVOLT, REPT, and Inpao Battery all exceeding the average growth rate.

From January to November, the cumulative year-on-year growth of power battery exports was 40.6%.

Export aspects,In November, China's exports of power and other batteries totaled 32.2 GWh, representing a month-on-month increase of 14.1% and a year-on-year growth of 46.5%. Total exports accounted for 17.9% of sales for the month. Among them, power battery exports amounted to 21.2 GWh, accounting for 66.0% of total exports, with a month-on-month growth of 9.4% and a year-on-year increase of 70.2%. Other battery exports totaled 10.9 GWh, making up 34.0% of total exports, with a month-on-month increase of 24.4% and a year-on-year growth of 15.3%.

From January to November, China's cumulative exports of power and other batteries reached 260.3 GWh, representing a year-on-year increase of 44.2%. The total cumulative exports accounted for 18.4% of the cumulative sales in the first 11 months. Among them, the cumulative export of power batteries was 169.8 GWh, accounting for 65.2% of the total export volume, with a year-on-year growth of 40.6%. The cumulative export volume of other batteries was 90.5 GWh, representing 34.8% of the total export volume, with a year-on-year growth of 51.4%.

Export ranking and year-on-year comparison.In November, exports of power and other batteries grew by 46.5% year-on-year, with BYD, CALB, Gotion High-Tech, EVE Energy, SVOLT, REPT, and China Aviation Lithium Battery exceeding the average growth rate.

In November, the export of power batteries increased by 70.2% year-on-year, with BYD, Gotion High-Tech, CALB, SVOLT Energy, and REPT exceeding the average growth rate.

From January to November, the cumulative year-on-year growth of power and other battery exports was 44.2%, with BYD, CALB, Gotion High-Tech, SVOLT Energy, and REPT exceeding the average growth rate.

From January to November, the export of power batteries increased by 40.6% year-on-year, with BYD, CALB, SVOLT, and REPT surpassing the average growth rate.

The cumulative installed capacity of domestic power batteries in the first 11 months is 671.5 GWh.

Loading volume.In November, the domestic installation volume of power batteries reached 93.5 GWh, representing a month-on-month increase of 11.2% and a year-on-year increase of 39.2%. Among them, the installation volume of ternary batteries was 18.2 GWh, accounting for 19.4% of the total installation volume, with a month-on-month growth of 9.9% and a year-on-year growth of 33.7%. The installation volume of lithium iron phosphate batteries was 75.3 GWh, accounting for 80.5% of the total installation volume, with a month-on-month increase of 11.6% and a year-on-year increase of 40.7%.

From January to November, the cumulative domestic installation volume of power batteries reached 671.5 GWh, with a year-on-year increase of 42.0%. Among them, the cumulative installation volume of ternary batteries was 125.9 GWh, accounting for 18.8% of the total installation volume, with a year-on-year increase of 1.0%. The cumulative installation volume of lithium iron phosphate batteries was 545.5 GWh, accounting for 81.2% of the total installation volume, with a year-on-year increase of 56.7%.

By vehicle type.In November, the proportion of pure electric vehicles was 80.3%, a year-on-year increase of 42.9%; the proportion of plug-in hybrid electric vehicles was 19.4%, a year-on-year increase of 24.7%; the proportion of fuel cell vehicles was 0.3%, a year-on-year increase of 267.6%. Among them, the growth rate of trucks and special vehicles was relatively fast.

From January to November, the loading volume of pure electric vehicles accounted for 81.3%, with a cumulative year-on-year growth of 48.6%. The loading volume of plug-in hybrid vehicles accounted for 18.6%, with a cumulative year-on-year growth of 18.9%. The loading volume of fuel cell vehicles accounted for 0.1%, with a cumulative year-on-year growth of 28.3%. Among them, trucks and special vehicles experienced relatively rapid growth.

In November, a total of 36 power battery companies in China's new energy vehicle market achieved vehicle installation and matching, which is 2 fewer than the same period last year. The top 2, top 5, and top 10 power battery companies had vehicle battery installation volumes of 59.9 GWh, 75.3 GWh, and 87.9 GWh, accounting for 64.0%, 80.5%, and 94.0% of the total installation volume, respectively. The share of the top 10 companies decreased by 1.5 percentage points compared to the same period last year.

From January to November, a total of 51 power battery enterprises in China's new energy vehicle market achieved vehicle battery installations, maintaining the same number as the previous year. The top 2, top 5, and top 10 power battery enterprises had installed battery capacities of 435.8 GWh, 547.6 GWh, and 632.9 GWh, respectively, accounting for 64.9%, 81.5%, and 94.2% of the total installed capacity. The proportion of the top 10 decreased by 1.6 percentage points compared to the same period last year.

Demand for key battery materials.In November, China's production of ternary materials for power and other batteries was 73,000 tons, lithium iron phosphate materials were 349,000 tons; anode materials were 246,000 tons; separators were 3.52 billion square meters; electrolyte for ternary batteries was 33,000 tons, and electrolyte for lithium iron phosphate batteries was 209,000 tons.

From January to November, China produced 619,000 tons of ternary materials for power and other batteries, and 2,902,000 tons of lithium iron phosphate materials; 2,054,000 tons of anode materials; 29.34 billion square meters of separators; 275,000 tons of electrolyte for ternary batteries, and 1,741,000 tons of electrolyte for lithium iron phosphate batteries.

According to Qichacha data, since 2020, China's lithium battery sector has entered an adjustment period. Since 2022, the annual registration volume of lithium battery-related enterprises in China has decreased at a smaller rate. As of December 11th, 2025, there are 422 registered lithium battery-related enterprises in China, exceeding the total number for the entire year of 2024, and representing a 22.0% increase compared to the same period in 2024.

As of December 11, there are 17,000 existing lithium battery-related enterprises in China.

In recent years, with the joint efforts of various parties, China's power and energy storage battery industry has rapidly grown and developed, forming a global competitive advantage in terms of market scale, innovation capability, and industrial system. At the same time, the industry development still faces many problems and challenges.

On November 28th, the Ministry of Industry and Information Technology held a symposium for manufacturing enterprises in the power and energy storage battery industry. Li Lecheng, Secretary of the Party Leadership Group and Minister of the Ministry of Industry and Information Technology, pointed out at the meeting that the Ministry should fully and objectively understand the development situation of the industry, earnestly implement the decision and deployment of the Central Committee on comprehensive rectification of "involution" competition, accelerate the introduction of targeted policy measures, govern irrational competition in the power and energy storage battery industry in accordance with the law, strengthen capacity monitoring, early warning and regulation, increase production consistency and product quality supervision and inspection, combat intellectual property violations, guide enterprises to scientifically plan capacity layout, and rationally and orderly "go global," striving to promote high-quality development of the industry.

Li Lecheng emphasized that industry enterprises should vigorously promote the spirit of entrepreneurship, resolutely resist irrational competitive behavior, and jointly maintain a healthy and orderly market environment. They must adhere to innovation-led growth, increase investment in research and development, address shortcomings and weaknesses, and enhance the core competitiveness of enterprises. Strengthening industry chain collaboration, enhancing cooperation, leveraging synergistic incremental effects, and improving the autonomy and controllability of the industry chain are essential to shaping new development advantages. Industry associations should deepen tracking research on industry development, strengthen industry self-discipline, and promote the construction of a collaborative and win-win industrial ecosystem.