REPT BATTERO Energy Co Ltd
0666.HK
Hong Kong Stock Exchange14.31
HKD
-0.58
- -
REPT BATTERO Energy Co Ltd
0666.HK
(Hong Kong Stock Exchange)
Recent
price
14.31
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- REPT BATTERO Energy Co Ltd specializes in the research, development, production, and sales of lithium-ion battery products, focusing on electric vehicle (EV) battery systems and energy storage system (ESS) batteries. Its product portfolio includes lithium iron phosphate (LFP) and ternary battery cells, EV battery modules, battery management systems, ESS battery cells, standardized battery boxes, battery racks, lithium-ion battery tanks, and outdoor cabinets for industrial, commercial, and residential energy storage applications. The company also provides aluminum shell processing and machining services. REPT BATTERO serves diverse markets including electric vehicles, electric ships, household energy storage, and large-scale industrial and commercial energy storage scenarios. Founded in 2007 and headquartered in China, the company operates manufacturing bases in multiple locations, including Wenzhou, Jiaxing, Liuzhou, Foshan, Chongqing, and Indonesia, with research and development centers in Shanghai, Wenzhou, and Jiaxing. It is a subsidiary of Tsingshan Holding Group, a Fortune Global 500 company. The company has expanded its global footprint with subsidiaries established in North America (Irvine, California) in 2024 and Europe in 2023, reflecting a strategic push into international markets. Recent major developments include a significant 2026 supply agreement with Energy Vault Holdings, Inc. for 3GWh of energy storage systems and ongoing collaboration across the U.S., Australia, and Europe, underscoring its strong presence in the international energy storage sector. REPT BATTERO also entered into a framework cooperation agreement with Powin, a leading energy storage manufacturer, for 12GWh of energy storage batteries, and continues to deepen partnerships with top automotive OEMs such as Volvo, Stellantis, Renault, Geely, and Dongfeng Nissan. The company maintains a high production capacity, reaching 79 GWh as of 2024, positioning it among the top global lithium-ion battery manufacturers. It achieved revenue of approximately $1.5 billion in 2024, driven by growth in EV and energy storage demand, and invests heavily in research and development to enhance battery performance and support sustainability initiatives. REPT BATTERO is recognized as a key player in the lithium battery market, ranking third worldwide in global shipments of energy storage cells and second in residential storage cell shipments. Its products support the global clean energy transition by enabling large-scale renewable energy integration and stable energy system operations. Recent strategic moves include launching localized operations in North America to improve customer service and technological deployment, expanding production capacity, and entering new international markets with tailored solutions for electric vehicles and smart energy storage. The company's sustainability commitments include reducing carbon emissions and increasing battery recycling rates, aligned with its mission to empower clean energy and promote a sustainable future.