Electric Vehicle Manufacturers are Racing Ahead: The 4680 Battery’s Advantage
As of April 7, 2025, electric vehicle production is set to soar, with manufacturers planning to deliver 500,508 new energy vehicles by 2024. Since the start of mass deliveries in 2019, a total of 11.339 million vehicles have been delivered, with a significant portion being high-performance models.
Leading manufacturers such as Li Auto, NIO, Tesla, and others are increasingly focusing on electric and hybrid vehicles. The new energy vehicle market is projected to expand rapidly, with sales of pure electric vehicles expected to exceed 1.3 million units in 2024, accounting for 47.9% of the market. In the latter half of the year, it is anticipated that the growth rate will consistently surpass 50%, with pure electric vehicles and plug-in hybrids expected to reach 56% by 2025.
The rapid growth in the electric vehicle sector is driven by strong demand for high-performance batteries. The 4680 battery design is a game-changer, allowing for a reduction in size and weight while boosting energy density. By 2025, the production of 4680 batteries is expected to reach 50 GWh, significantly enhancing vehicle performance and efficiency.
To keep pace with this trend, manufacturers are focusing on enhancing the production efficiency of electric vehicle batteries. The 4680 battery can achieve an energy density of 300 Wh/kg, supporting rapid charging capabilities, with a full charge taking only minutes. This innovation is anticipated to reduce production costs by 54% for the Model Y.
The safety standards for 4680 batteries are also impressive, with designs that ensure structural integrity and safety. The batteries can withstand extreme conditions and have demonstrated longevity, with a lifecycle exceeding 3,000 charge cycles.
In summary, electric vehicle manufacturers are entering a new phase of growth, driven by advancements in battery technology, particularly the 4680 battery. This innovation is set to transform the market, providing safer, more efficient, and cost-effective solutions for consumers.
