ZENERGY (03677) has achieved a competitive milestone as one of the leading power battery suppliers in the first half of 2026, claiming a market share of 5.1% with total installations reaching 11,928 MWh, according to data released by the Gasgoo Automotive Research Institute on August 10.
During the January-to-June period, the domestic new energy passenger vehicle electrification supply chain continued to exhibit a highly concentrated competitive landscape, with dominant players in core sectors such as power batteries, electric drives, and electronic controls enjoying clear advantages. ZENERGY ranked fourth among power battery suppliers, trailing only industry leaders like CATL, which topped the list with 100,722 MWh installed and a 42.7% share, and FinDreams Battery, which secured second place with 53,781 MWh and a 22.8% share. The gap between ZENERGY and its closest competitors, including CALB and Gotion High-tech, was less than 0.6 percentage points.
As a key player in the domestic power battery sector, ZENERGY has been broadening its coverage of passenger vehicle customers in recent years. The company is accelerating its entry into mainstream new energy vehicle supply chains by leveraging its expertise in ternary lithium batteries, lithium iron phosphate batteries, and system integration capabilities. Official data shows that cumulative power battery installations in China for the first half of 2026 totaled 335.6 GWh, marking a 12% year-on-year increase. Within this total, CATL installed 154.25 GWh, BYD contributed 57.42 GWh, and ZENERGY recorded 9.06 GWh, securing a spot among the top ten domestic battery installation companies.
Industry analysts noted that ZENERGY's ascent to the forefront of domestic power battery installations signifies a substantial increase in its recognition within the new energy passenger vehicle supply chain. With the rising penetration rate of new energy vehicles and the growing demand for power batteries that prioritize high safety and high energy density, the company's potential for further market share expansion is attracting significant attention.