Ranking of installed capacity of drive motor suppliers from January to February 2024

In the ranking of installed capacity of drive motor suppliers from January to February 2024, Fudi Power ranked first with an installed capacity of more than 350,000 sets, with a market share of nearly 30%. Huawei Digital New Energy ranked second with an installed capacity of nearly 90,000 sets, with a market share of 7.5%. Tesla ranked third with an installed capacity of nearly 76,000 sets, with a market share of 6.4%. Other suppliers such as United Electronics, Honeycomb YiChuang, and BorgWarner also performed well.