The Battery Management System (BMS) is a key component of any plug-in or hybrid vehicle, and China is rapidly developing as a major market for “new energy” vehicles. Many in the auto industry are sure to find the topic of this new report from China Market Research Reports timely.
Global and China Power Battery Management System (BMS) Industry Report, 2014-2017 identifies the major players in the Chinese BMS market, and assesses the current state of the industry.
The report notes that Denso, Toyota’s most important parts supplier, and Preh, BMW’s BMS provider, have seized opportunities by virtue of their important positions in the vehicle supply chain. Meanwhile, battery vendor LGC has established relationships with GM, Ford, Volvo and others.
The new report identifies three types of enterprises in the Chinese BMS market:
- Third-party BMS vendors, including Epower Electronics, GuanTuo Power and LIGOO New Energy Technology
- Battery system packaging companies such as Guoxuan High-tech and Winston Battery
- Vehicle manufacturers, including BYD and BAIC BJEV
The report finds that China’s BMS industry still lags behind other countries in technical specifications and business models. Some companies are trying to narrow the gap with strategic mergers and acquisitions.
Source: China Market Research Reports
Image courtesy of BMW Group