According to South Korean media reports, Hyundai Motor Group and China's third largest battery manufacturer, Zhongchuang Xinhang (CALB), signed a 30GWh battery supply contract last month, enough to produce 38000 medium-sized electric SUVs. Before that, the main battery suppliers of modern automobiles have been SK On and LG New Energy. According to the latest data from SNE Research, a
Korean research Institute, in the global power battery loading volume TOP10 from January to April 2025, China Innovation Airlines ranked fifth in the world, with a loading volume of 11.9 GWh. In terms of
energy storage , China Chuangxin Airlines has achieved substantial growth in terms of shipments. According to InfoLink data, the global energy storage core shipments in the first quarter were 99.58 GWh. In the first quarter, China Innovation
Airlines ranked third in the world in terms of total shipments of energy storage batteries and total shipments of large storage batteries.