In the first half of 2024, Xiamen's new energy industry saw a 13.1% increase in output value, with lithium-ion battery production growing by 87.3% year-on-year. Material providers like XTC and Chengtun Mining showed significant growth, while application companies such as Hithium Energy Storage, Faratronic, and Hongfa Technology also performed well. Xiamen companies have been expanding their global footprint, securing spots on international supplier lists. According to BNEF Energy Storage Tier 1 List 3Q 2024, Hithium Energy Storage topped the global Tier 1 energy storage provider list for the third consecutive quarter. To better respond to and meet the market needs of North American customers, Hithium has established offices and service points in Fremont, New York, and Dallas, with a specialized local team. Currently, Hithium has subsidiaries and offices in key overseas regions, including North America, Europe, Southeast Asia, and Australia, continuously expanding its localized service network.
