XieNeng Technology’s rise to dominance in the energy storage market is a remarkable story of technology, market strategy, and industrial ecosystem synergy. Over the past two years, against the backdrop of a global energy transition, the energy storage installation capacity has experienced rapid growth. According to the CESA Energy Storage Application Association, the global new energy storage market is expected to reach an additional 74.2GW/175GWh in 2024, reflecting year-on-year increases of 52.67% and 69.08% respectively.
This sustained growth in energy storage installations has led to a surge in global demand for storage battery cells. In 2024, the domestic energy storage battery cell shipments are projected to reach 301.04GWh, up 55.87% year-on-year, while global shipments are expected to hit 323GWh, marking a year-on-year increase of 53.81%.
On the other hand, the competitive landscape in the energy storage sector has shifted from chaotic to more focused and pragmatic due to price wars, with the head effect gradually becoming prominent. The introduction of the European Battery Regulation has also led to stricter requirements for export BMS products. As a core component of energy storage systems, the battery management system (BMS) market is becoming increasingly differentiated. Despite the rising concentration in system integration, third-party BMS providers continue to hold an irreplaceable position due to their technological advantages.
For most energy storage integrators and battery manufacturers, collaborating with long-established third-party BMS suppliers remains the optimal choice to ensure superior product performance and rapid market penetration. In this context, XieNeng Technology emerged as the leader in the energy storage BMS sector in 2024, consistently achieving the highest global shipments of third-party energy storage BMS for several consecutive years. This success is attributed to XieNeng’s multi-faceted approach, including technological innovation, market strategy, and collaborative industrial ecosystem efforts.
Technological Leadership: Full-stack Research and Development to Build Core Competitiveness
Since its establishment in 2012, XieNeng Technology has focused on technology R&D, particularly in new energy battery management. In 2013, XieNeng acquired its first patent for active balancing technology, marking a critical step in its technological innovation journey. Subsequently, the company has continued to delve into active balancing chip development and introduced the concept of “full lifecycle management of energy storage systems.” This management approach encompasses all stages from planning and operation to decommissioning, including the entire process of recycling or reusing, with the aim of maximizing the system’s operational lifespan and efficiency while enhancing safety, compliance, and environmental responsibility.
The core of this approach is a new generation BMS platform solution based on “active balancing + cloud-edge collaboration + multi-algorithm integration.” This solution not only manages operations at the cell level but also covers system-level safety, from predictive maintenance to comprehensive lifecycle data tracking, showcasing XieNeng’s breakthroughs and practices at the forefront of technology.
In line with its focus on battery lifecycle management, XieNeng plans to launch a new generation of active balancing BMS products in 2025, featuring high reliability, safety, balancing capability, intelligence, and cost-effectiveness, thereby addressing three major technical challenges in the energy storage BMS sector.
Breakthrough 1: Continuous Dynamic Active Balancing, Significant Improvement in Capacity Efficiency. To address the issue of consistency in large-capacity battery cells, XieNeng has innovatively adopted an adaptive full-time balancing algorithm that adjusts the balancing current in real-time based on parameters like SOC differences and temperature monitoring, ranging from 0.5A to 4A. Different wire gauges can be adjusted through software without needing separate wiring. Using cascading bidirectional DC-DC technology, balancing efficiency exceeds 96%, and the independent balancing module design overcomes the low efficiency bottleneck of traditional passive balancing (only 0.1A), significantly enhancing system usable capacity and operational efficiency.
Breakthrough 2: 3*3mm Chip Integration, Reduction in Size and Cost. The new generation active balancing chip integrates power circuits, sampling circuits, and control circuits into a compact 3*3mm package, reducing module area by 75% compared to traditional solutions. The chip-level design eliminates redundant discrete components, achieving a 40-fold increase in balancing capability while lowering active balancing costs by 25%, effectively addressing the industry pain points of size and cost associated with traditional active balancing solutions.
Breakthrough 3: Simple and Reliable Architecture, 80% Reduction in Failure Rate. An innovative bidirectional Buck-Boost circuit replaces the complex flyback structure, combined with standard inductive storage components, eliminating transformer air gap leakage issues and significantly reducing EMI. The new high-integration chip solution reduces solder points by 70% compared to traditional discrete component solutions, greatly decreasing failure probabilities and achieving automotive-grade reliability standards. This innovation aims to fill the domestic gap in chip-level active balancing technology, which has already been successfully applied in various energy storage systems and new energy vehicles, helping clients extend system lifespans by over 20%.
In terms of BMS system architecture, XieNeng Technology has pioneered the concept of a gateway-four-layer architecture BMS, creating an efficient and intelligent management system. The smart energy brain built on this architecture, through intelligent edge devices and cloud collaboration, utilizes cloud data and computational power to iteratively optimize algorithm execution, ensuring comprehensive energy management, green energy scheduling, and refined carbon management, thus providing robust support for the stable operation and efficient utilization of energy storage systems.
As of now, XieNeng Technology continues to introduce advanced technologies and services in the energy storage BMS field, including bidirectional active balancing chips, 2000V high-voltage storage BMS, 5MWh battery management solutions, BMS solutions supporting various complex battery systems based on 3.0 control, and lightweight site operation and maintenance platforms, continuously leading technological innovation in this sector.
Leveraging its technological advantages, XieNeng Technology has achieved comprehensive BMS application coverage across various scenarios, from large-scale energy storage to commercial and industrial storage, from residential storage to data centers, and from heavy-duty vehicle battery swapping to new energy vehicles, gaining widespread market recognition.
Market Penetration: Global Strategy Aligned with Customer Needs
XieNeng Technology adopts a global layout strategy, with business operations spanning over 60 countries and regions. Domestically, the company collaborates closely with major state-owned enterprises such as the State Grid, State Power Investment Corporation, and CRRC, actively participating in domestic energy storage project construction. For example, the company contributed to the successful implementation of China’s largest electrochemical energy storage station, the “Shache Million-Kilowatt Integrated Solar and Storage Project,” showcasing its technical prowess and delivery capabilities in large domestic energy storage projects.
On the international front, XieNeng has become the sole energy storage ODM supplier for Panasonic, completing an 11.8MWh grid energy storage project and successfully entering overseas markets. Since its international expansion in 2014, XieNeng has achieved cumulative shipments in the energy storage sector reaching the 100GWh level, accumulating rich overseas product development experience and the ability to quickly adapt to local product demands, consistently gaining popularity in overseas markets.
Its products comply with multiple international authoritative certifications such as UL, TUV, IEC, JET, and KC, and have passed GB34131-2023 type testing, earning recognition and praise in the market.
To better serve global customers, XieNeng Technology remains committed to a customer-oriented approach. On one hand, the company provides customized BMS products and solutions tailored to different application scenarios and customer needs. For instance, in response to the high demands for energy storage utilization efficiency and lithium battery lifespan in new energy applications, XieNeng launched the 1500V high-voltage storage BMS in 2019, achieving mass commercialization and significantly enhancing relevant performance indicators, thereby strongly promoting the energy transition process.
On the other hand, XieNeng continuously optimizes its customer service system by establishing an intelligent operation and maintenance platform, enabling real-time monitoring, analysis, and evaluation of battery data, as well as remote upgrades, significantly reducing on-site maintenance workload and enhancing customer experience.
Industry Collaboration: Connecting Upstream and Downstream to Build a Symbiotic Ecosystem
The development of the energy storage industry relies heavily on the collaborative efforts of upstream and downstream enterprises. XieNeng Technology understands this well and actively builds close partnerships with industry chain partners to create a mutually beneficial industrial ecosystem. In terms of collaboration with battery manufacturers, XieNeng has established deep partnerships with companies like Nandu Power, Ganfeng Lithium, and Haicheng Storage, leveraging each other’s strengths for joint technological research and product innovation, optimizing the compatibility of battery management systems with battery cells to enhance overall energy storage system performance.
In collaboration with energy storage integrators, XieNeng partners with entities like CRRC Zhuzhou Institute, Envision Energy, and Trina Storage, integrating its advanced BMS technology into comprehensive energy storage system solutions to drive project implementation. Furthermore, XieNeng engages in industry-academia-research collaborations with research institutions and universities, actively participating in the formulation of industry standards, contributing to the healthy development of the energy storage industry. For instance, in collaboration with CRRC Zhuzhou Electric Locomotive Research Institute, the company launched a new generation of battery management technology, the “One Heart One Management CCS+ Technology Solution,” merging advanced battery management technology with CCS technology to achieve more efficient and intelligent battery system operations, setting a new benchmark for technological development in the industry.
By 2025, China’s energy storage market is undergoing profound changes, marked by the policy evolution from Document No. 136 to Document No. 394. This indicates that the Chinese energy storage industry is experiencing a significant transformation from “administrative allocation” to “market allocation,” and from “single arbitrage” to “multiple values.” Independent third-party BMS companies are also transitioning from “scale competition” to “quality competition.” Represented by leading firms such as XieNeng Technology, the construction of a new competitive advantage based on “technology-data-service” not only effectively counters the pressures of concentration in the system integration phase but also aligns with the trend of deepening professional division of labor, further consolidating market positions.
In the future, the industry is expected to present a “dumbbell” structure, where leading third-party enterprises and top battery manufacturers jointly dominate the market, while the survival space for mid-tier companies will gradually shrink. In this process, continuous technological iteration capabilities and a global service network will become the key to success.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/the-rise-of-xieneng-technology-leading-global-battery-management-system-sales-through-innovation-market-strategy-and-industry-collaboration/
