In January to November 2024, the number of lithium iron phosphate batteries for new energy heavy trucks supporting REPT BATTERO (00666) reached as high as 4771 vehicles, ranking steadily among the top three.
15/01/2025
GMT Eight
According to statistics from the China Green Commercial Vehicle Market, a total of 67,363 new energy heavy-duty trucks were sold in the first 11 months of 2024, an increase of 138.18% compared to the previous year. Among the 67,363 new energy heavy-duty trucks, the most commonly used battery was lithium iron phosphate battery (including applications in combination with fuel cells), with a total of 64,796 units, accounting for 96.19%. Among the battery suppliers, REPT BATTERO (00666) provided 4,771 sets of lithium iron phosphate batteries for new energy heavy-duty trucks (including optional models), ranking third.
It is reported that REPT BATTERO has been continuously innovating its technology, improving battery capacity and functionality, and receiving positive feedback from users. Statistics show that more than 40 models of heavy-duty trucks from top truck companies such as XCMG Group, Sany Group, FAW Jiefang Group, Sinotruk Jinan Truck Group, and Shaanxi Automobile Group are equipped with REPT BATTERO power batteries.
The sales of new energy heavy-duty trucks have reached a new high, indicating that the electrification of heavy-duty trucks is irreversible. Electric heavy-duty trucks with large capacity, long range, electric drive axle, dual motors, etc. have increased range, reduced energy consumption, met the needs of users, lowered operating costs, expanded the application range of electric heavy-duty trucks, gained market trust, and boosted sales of electric heavy-duty trucks.
The number of models with power batteries of more than 500kWh continues to increase, and the sales of long-range models are steadily rising. The proportion of power batteries with capacities of 423kWh and 600kWh is expanding, which will increase the installation volume of power batteries. The quantity of long-life, high-density, high-capacity power batteries will continue to increase, making heavy-duty truck battery supply a new growth point.