Electric Supplier Installation Rankings for January-March 2025: Competition and Technological Innovation

The supply chain for new energy vehicles is exhibiting a “dual core drive” feature as of early 2025. On one hand, the top 10 suppliers in the sectors of power batteries and onboard chargers (OBC) have surpassed a market share of 90%, indicating a continued rise in industry concentration. On the other hand, leading companies such as Fudi Technology and CATL are building technological barriers through vertical integration and innovation. The combination of the trend towards in-house production by automakers and a technological revolution has transformed supply chain competition from a focus on individual products to a comprehensive battle for technological ecosystems and industry influence.

Power Battery Supplier Installation Rankings: TOP 5 Structure Remains Solid

According to data from the Gai Shi Automotive Research Institute regarding the installation volume of power battery suppliers from January to March 2025, the market share of the top five suppliers reached 83.9%, reinforcing the dominance of leading firms. This statistic confirms the “stronger get stronger” competitive landscape in the power battery industry, where top companies leverage technological accumulation, scale effects, and advantageous customer structures to create formidable market barriers.

CATL maintains its leading position with a market share of 42.3%, achieving an installation volume of 43,287 MWh. Fudi Battery follows closely with a market share of 26.8% and an installation volume of 27,458 MWh. As a core component of BYD’s vertical integration strategy, its blade battery technology has achieved breakthroughs in energy density through structural innovation, boasting an installation rate exceeding 95% across BYD’s entire model range while also penetrating external clients like FAW Hongqi and Toyota.

Companies such as China Innovation Aviation (5.7%), Guoxuan High-Tech (4.7%), and Honeycomb Energy (4.4%) form the second tier with a combined market share of 14.8%. While leading companies dominate the market, smaller firms must pursue breakthroughs through technological innovation or niche market positioning. As the new energy vehicle market continues to expand, the concentration in the power battery sector is likely to remain elevated for the foreseeable future.

Battery Pack Supplier Installation Rankings: Automakers Lead Market

Data shows that in the new energy passenger vehicle battery pack sector, in-house production by automakers dominates the market, exceeding 50%. This trend significantly impacts the industry landscape. Fudi Battery, a wholly-owned subsidiary of BYD, supplies over 98% of its installation volume to BYD models. Tesla and Leap Motor rank third and ninth with market shares of 5.8% and 3.1%, respectively, both being in-house pack producers. Together, these three companies account for 41.4% of the market, and when combined with other unlisted automaker in-house capacities, the overall share surpasses 50%.

CATL maintains the leading position among independent suppliers with an 18.8% market share. The second tier includes Ruipu Lanjun (4.8%) and Honeycomb Energy (4.5%), with installation volumes concentrated around 100,000 units. Automakers are gaining control over core components through their in-house systems, reflecting both their strategic intent to create technological barriers and the deep evolution of vertical integration in the power battery supply chain. In this competitive landscape between in-house production and specialized suppliers, technological openness and cost control will be key variables determining future dynamics.

BMS Supplier Installation Rankings: Accelerating Autonomous Control Strategies

The BMS (Battery Management System) supplier installation rankings reveal a new landscape in this core technology sector. With the trends towards smart and connected vehicles, automakers’ demand for autonomy in BMS—the “brain” of the battery system—is accelerating. Specifically, Fudi Battery leads with a market share of 33.2%, providing deep integration of its BMS products across BYD’s entire model range, thus achieving vertical integration from cells to systems.

Weir Electric, with an 8.5% market share, ranks among the top three, supplying BMS products to brands such as ZEEKR and Link & Co, showcasing a typical path for automakers to achieve technical autonomy through subsidiaries. Leap Motor ranks seventh with a 3.1% market share, having extended its self-research strategy into the BMS domain to achieve complete autonomy from algorithms to hardware. As a critical link between the battery cells and the vehicle, the level of autonomy in BMS is becoming a new benchmark for automakers’ technological strength. In this contest for technological sovereignty, continuous investment in foundational research capabilities is essential, alongside innovative cooperation models with specialized suppliers.

Looking ahead, competition in the BMS market will not only focus on market share but also on the struggle for technological influence and leadership in industrial ecosystems.

Drive Motor Supplier Installation Rankings: Technological Restructuring of the Industry

The drive motor supplier installation rankings reveal a new competitive landscape. The rankings show that Fudi Power, Tesla, and Huawei Digital Energy occupy the top three positions, marking a critical phase of technological-driven and ecological restructuring in the drive motor sector. Fudi Power holds the leading position with a market share of 27.5%, achieving an installation volume of 738,542 units. Both Tesla and Huawei Digital Energy share the second position with a market share of 6.0%, with installation volumes of 161,043 and 159,934 units, respectively. The close installation volume difference of fewer than 2,000 units indicates a subtle competitive dynamic.

Motor Controller Supplier Installation Rankings: Top Three Companies Approach 50% Market Share

The motor controller supplier installation rankings indicate that Fudi Power, Inovance Technology, and Tesla collectively hold a market share of 46.1%, nearing half of the total market, signaling a period of deep integration in the motor controller sector. Specifically, Fudi Power leads with a 27.6% market share and an installation volume of 740,395 units, showcasing a typical model of automakers developing their own motor controllers. Inovance Technology ranks second with a 12.5% market share and an installation volume of 335,250 units. Tesla holds the third position with a 6.0% market share and an installation volume of 161,043 units, deeply integrating its motor controllers with the vehicle’s electronic architecture to form a unique technological barrier. Notably, the installation volume difference between Inovance Technology and Tesla has expanded to 174,207 units.

Power Device (Drive) Supplier Installation Rankings: Domestic Substitution Creates a New Landscape

The power device (drive) supplier installation rankings showcase a significant three-way competitive structure. Local companies BYD Semiconductor, CRRC Times Semiconductor, and Silan Microelectronics collectively capture 49.4% of the market share, indicating a strategic breakthrough in domestic substitution within the automotive power device sector. Specifically, BYD Semiconductor leads with a market share of 27.5% and an installation volume of 739,562 units. CRRC Times Semiconductor ranks second with a 13.8% market share and 371,745 units. Silan Microelectronics follows in third with an 8.1% market share and 218,521 units. Domestic substitution has progressed from “point breakthroughs” to “system leadership.” With continuous advancements in local companies’ technological capabilities, a golden era of domestic substitution is on the horizon.

OBC Supplier Installation Rankings: Intensifying Head Effect and Industry Concentration

The OBC supplier installation rankings reveal that the top 10 suppliers collectively hold a market share of 92.8%. Fudi Power leads with a market share of 29.5%, achieving an installation volume of 690,436 units, with its OBC products providing deep integration across BYD’s entire model range, thus covering the entire industry chain from power devices to complete systems. Weimais ranks second with a 17.9% market share and an installation volume of 419,583 units. Xinnrui Technology comes in third with a 10.8% market share and 251,883 units. The ability to establish technological barriers and integrate ecosystems will be key variables in determining market share. In this technology-driven transformation, OBC is no longer just a single component but a core node in the vehicle’s energy network, with its technological evolution continuing to reshape the new energy vehicle industry landscape.

Thermal Management EDC Supplier Installation Rankings: Integration Trends Reshaping Industrial Ecology

The thermal management EDC supplier rankings indicate that the top 10 suppliers collectively hold a market share of 89.2%, highlighting profound integration changes in the thermal management sector for new energy vehicles. Fudi Technology leads with a 27.5% market share and an installation volume of 643,277 units. Aotega ranks second with a 17.3% market share and 405,727 units. Huayu Three Electric holds the third position with a 14.7% market share and 344,305 units. Amid the accelerating transformation of the new energy vehicle industry, the trend towards integration in the thermal management EDC market has become an irreversible industrial direction. The industry barriers constructed by the top 10 suppliers through technological accumulation and scale advantages challenge newcomers and catalyze technological upgrades throughout the supply chain.

Electric Compressor Supplier Installation Rankings: Restructuring of the Leading Camp

The electric compressor supplier installation rankings exhibit a notable characteristic: Fudi Technology, Aotega, and Huayu Three Electric collectively hold 59.6% of the market share, establishing a solid leading camp. This data indicates that the electric compressor industry is entering a period of deep integration. Fudi Technology leads with a market share of 27.5% and an installation volume of 643,277 units. As a core component of BYD’s vertical integration strategy, its electric compressors are deeply integrated across BYD’s entire model range, providing comprehensive coverage from core components to complete systems. Aotega ranks second with a 17.2% market share and 402,861 units, while Huayu Three Electric follows in third with a market share of 14.9% and 347,928 units. The leading position of these top companies reflects a combination of technological superiority and cost control. For electric compressor suppliers, the future should focus on strengthening two core capabilities: first, technological innovation in high-efficiency compression techniques, variable frequency control, and lightweight materials; second, supply chain collaboration to deepen strategic partnerships with automakers, enhancing integration through early involvement in vehicle development.