In 2023, Power Source Technology will become the fourth largest battery system supplier for passenger electric vehicles in China

According to a report by Frost & Sullivan, Power Source Technology will become the fourth largest electric vehicle battery system supplier in China's passenger pure electric vehicle market in 2023, calculated by shipments. In addition, Power Source Technology is the largest battery system supplier in the A00-class passenger pure electric vehicle market, with vehicles in this class accounting for approximately 19% of total sales.