China Power Battery Management System (BMS) Industry 2014- Global Market Size, Share, Trend and Forecast 2017

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Albany, NY (PRWEB) August 21, 2014

BMS is a key component of electric vehicles and hybrid vehicles. To ensure safe and reliable operation of batteries, BMS needs to have various functions such as battery status monitoring and assessment, charging and discharging control, balancing and so forth.

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The fire accidents of electric vehicles (particularly pure electric vehicles) since 2013 result in consumers’ concerns about the safety of electric vehicles. Compared with HEV, PHEV and BEV have more complex battery system structure, which requires more excellent battery endurance and safety; therefore, PHEV and BEV need more mature and reliable BMS. The BMS industry will benefit from the expansion of the electric vehicle market.

Meanwhile, the battery vendor LGC has established cooperative relationship with GM, Ford, Volvo and many other enterprises by providing power battery packs and related BMS to them. As for automobile companies, Tesla performs remarkably with advanced BMS technology. In contrast, professional BMS firms develop relatively slower due to technical and financial factors.

First, third-party BMS vendors, such as Epower Electronics, GuanTuo Power and LIGOO New Energy Technology. Among them, the products of Epower Electronics are used most widely and adopted by Changan, Dongfeng, BAIC, Foton, JAC, Zotye and so on.

Second, battery system packaging companies represented by Guoxuan High-tech and Winston Battery. Guoxuan High-tech serves JAC and Ankai Automobile with battery modules and BMS.

Third, vehicle manufacturers, including BYD and BAIC BJEV. BYD integrates batteries and BMS with electric vehicle R & D, and shows advantages in terms of cost and efficiency.

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