In 2024, the installed capacity of new energy heavy trucks "makes great progress". REPT BATTERO (00666) jumped to the top three supporting enterprises.

Recently, according to statistics from Green Heavy Truck, a total of 82,723 new energy heavy trucks were sold from January to December 2024, a year-on-year increase of 139.36%. Among the 82,723 new energy heavy trucks, the most common type of battery is lithium iron phosphate battery (including applications with fuel cells), with a total of 79,984 units, accounting for 96.69%. Among the battery suppliers, REPT BATTERO (00666) supplied 6,718 new energy heavy trucks with lithium iron phosphate batteries (including optional vehicle models), ranking third. It is understood that Contemporary Amperex Technology, Eve Energy Co., Ltd., and REPT BATTERO are the top three suppliers in heavy truck installation volume, collectively holding over 90% market share in electric heavy trucks. REPT BATTERO quickly rose from fifth to third in the second half of 2024, mainly due to its continuous technological innovation, improvement in battery capacity and performance, and positive feedback from users. Statistics show that over 40 top heavy truck companies, including Xuzhou Construction Machinery Group, Sany Group, FAW Jiefang Group, Sinotruk Jinan Truck Group, Shaanxi Automobile Group, and Dongfeng Liuzhou Motor, offer over 40 vehicle models equipped with REPT BATTERO power batteries. It is reported that in 2024, new energy heavy trucks achieved rapid growth, with monthly sales reaching new highs, indicating that the electrification of heavy trucks is an unstoppable trend. In response to this trend, REPT BATTERO launched a new category of products in 2024 for the heavy truck market - the "BIGBANK" battery system, with an energy density exceeding 210Wh/kg. This system can support heavy truck models with a range exceeding 500km and support 2C fast charging performance, allowing for a rapid charge from 10% to 80% capacity in just 18 minutes.