Data from the "Monthly Global Power Battery Installation Database" released by GGII (Green Globe International, Inc.) indicates that, influenced by a continued decline in U.S. new energy vehicle sales in November, global new energy vehicle sales for the month reached 1.918 million units, representing a mere 7% year-on-year increase, which was a 2 percentage point drop from the previous month.

Global power battery installations in November amounted to 107.9 GWh, with a year-on-year growth rate of 20%, also declining by 2 percentage points compared to the prior month.

From January to November 2025, cumulative global sales of new energy vehicles reached 18.009 million units, a 22% increase year-on-year, which drove global power battery installations to approximately 975.3 GWh, marking a 32% year-on-year growth.

Within this total, China's power battery installations accounted for 64% of the global share, with six Chinese companies ranking among the global top ten.

Among the top ten enterprises in global power battery installations, Guoxuan High-Tech (002074.SZ) achieved the highest year-on-year increase in market share, rising by 8 percentage points, driven by rapid growth in its installations in both domestic and international markets.