The world's nickel-metal hydride batteries are mainly produced by Chinese and Japanese companies, accounting for more than 95% of global production. The main markets for NiMH batteries are HEV and consumer battery products. Hybrid batteries will become the commanding heights of all parties.

"Energy-saving and New Energy Vehicle Development Plan (2011-2020)", the main task before 2015 is to promote the use of hybrid vehicles and improve the fuel economy of traditional vehicles, and then promote domestic pure electric vehicles. The policy is clear.

The world's nickel-metal hydride batteries are mainly produced by Chinese and Japanese companies, accounting for more than 95% of global production. More than 70% of the world's nickel-hydrogen batteries are produced in China. China's nickel-hydrogen battery enterprises mainly include Chaoba, Haopeng, BYD, Huanyu, Keliyuan, Likexing, Sanpu, Disheng, Sanjie, Quantitative Energy, Greep, etc. Japanese companies Panasonic, Yuasa and Sanyo have moved production of small nickel-metal hydride batteries to China.

If the cost of the fuel cell can be reduced, it can truly be used as an alternative energy source to gasoline/diesel fuel. The reduction of its cost is of great significance to reduce the cost of corresponding electric vehicles and hybrid vehicles, greatly improve the market competitiveness of nickel-metal hydride batteries, and promote the promotion of new energy vehicles.

As long as the infrastructure construction is timely, the strong market demand will promote the global consumers to consume electric vehicles in a large area, use pure electric vehicles for short distances, and use plug-in hybrid vehicles for long distances.