SVOLT Energy's battery installation volume hit a new high, ranking fifth in the domestic market

Due to the explosive growth of orders in the fourth quarter and the market's recognition of short-blade batteries, the installed capacity of Honeycomb Energy batteries has grown rapidly. In October 2024, Honeycomb Energy's installed capacity in the domestic market reached 1.9GWh, a record high, a month-on-month increase of 47.28%, a year-on-year increase of 36.69%, and ranked fifth in China. Among them, the installed capacity of Honeycomb Energy's ternary power batteries in October was 0.44GWh, a month-on-month increase of 41.93%, ranking among the top three in China.