Recently, the new energy electrical appliance industry has been filled with good news. BYD and Contemporary Amperex Technology Co., Limited (CATL) have achieved remarkable results in technological innovation and market share respectively, injecting new impetus into the development of the industry.
On February 11th, BYD (002594) was granted a utility model patent titled "Integrated Module, Power Distribution Device, Battery Pack, and Electrical Equipment". This patent integrates relays and fuses, changing the traditional layout mode of independent components. In the past, relays and fuses existed as independent components, occupying a large amount of space inside the battery pack. However, with this patent of BYD, the two are installed as a whole in the battery pack, effectively improving the space utilization rate of the battery pack and helping to achieve the miniaturization of the battery pack. According to data from Tianyancha APP, the patent application number is CN202420233016.6. Since the beginning of this year, the number of newly authorized patents of BYD has reached 944, an increase of 157.92% compared with the same period last year. As can be seen from BYD's mid - year report in 2024, the R & D investment in the first half of the year reached 19.621 billion yuan, a year - on - year increase of 41.82%. The continuous high - investment in R & D has also continuously brought technological innovation achievements to it.
On the other hand, on February 14th, InfoLink Consulting, an authoritative consulting institution in the energy storage field, announced the global energy storage shipment rankings in 2024. CATL ranked first in the global energy storage cell shipments with an absolute advantage. In the global power battery installations recently announced by SNE, CATL also ranked first in installations for 8 consecutive years. InfoLink Consulting published an article stating that CATL's strategy of "energy storage as the second growth pole" has achieved remarkable results. In 2024, the global energy storage cell shipment scale reached 314.7 GWh, a year - on - year increase of 60%. The market share of the top 10 in the industry reached a new high, reaching 90.9%. Among them, EVE Energy has firmly ranked second in the industry since the first quarter of 2024, and with obvious advantages, it surpassed BYD to rise to the second place this year; CALB ranked among the top five in the industry; Envision AESC entered the annual Top 10 for the first time. InfoLink predicts that the global energy storage cell shipments in 2025 will reach 392 GWh, a year - on - year increase of 25%.
BYD's patent breakthrough and CATL's excellent market performance demonstrate the vitality of the new energy electrical appliance industry in technological innovation and market expansion. As more enterprises increase their R & D investment, the new energy electrical appliance industry is expected to achieve more breakthroughs in product performance and market share in the future, promoting the new energy industry to a new height.
