GGII: Global Power Battery Installations Reach ~768.3GWh in Jan-Sep, Up 35% YoY

Stock News

11/11

Data from the Global Power Battery Installation Monthly Database released by GGII shows that global new energy vehicle (NEV) sales reached approximately 14.237 million units from January to September 2025, marking a 26% year-on-year increase. The NEV penetration rate rose to 22.1%, driving global power battery installations to around 768.3GWh, up 35% YoY.

The top 10 companies in global power battery installations accounted for ~688.7GWh, representing 90% of the total market share. Among them, BYD COMPANY (01211), Guoxuan High-Tech, and Sunwoda (300207.SZ) saw the most significant year-on-year growth in global market share, increasing by 1.1%, 0.7%, and 0.5%, respectively.

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