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Market research firm SNE Research said on October 6 that global EV battery usage was 287.
6GWh from January to August this year, which is an increase of 78.
7%
from a year ago.
The use of CATL EV batteries increased by 114.
7% year-on-year to 102.
2GWh, and the company's market share increased from 29.
6% to 35.
5%.
6GWh from January to August this year, which is an increase of 78.
7%
from a year ago.
The use of CATL EV batteries increased by 114.
7% year-on-year to 102.
2GWh, and the company's market share increased from 29.
6% to 35.
5%.
In contrast, LG Energy Solutions' market share fell from 22.
3% to 13.
7%, while SK On, Samsung SDI and LG Energy Solutions combined market share fell from 33.
5% to 25%.
The use of BYD's electric vehicle batteries increased by more than 192%
year-on-year.
3% to 13.
7%, while SK On, Samsung SDI and LG Energy Solutions combined market share fell from 33.
5% to 25%.
The use of BYD's electric vehicle batteries increased by more than 192%
year-on-year.
Right now, Chinese companies are rapidly expanding their overseas operations
.
Like CATL's recent announcement, its cylindrical batteries will be supplied to BMW
from 2025.
Currently, cylindrical batteries are the main products
of LG Energy Solutions, Samsung SDI and Panasonic.
.
Like CATL's recent announcement, its cylindrical batteries will be supplied to BMW
from 2025.
Currently, cylindrical batteries are the main products
of LG Energy Solutions, Samsung SDI and Panasonic.
CATL is currently building a 100GWh plant in Hungary with an investment of EUR 7.
3 billion
.
This is CATL's second plant to be built in Europe, behind the German plant
, which is scheduled to open this year.
Separately, it is considering building a third plant in Europe to double
its production.
3 billion
.
This is CATL's second plant to be built in Europe, behind the German plant
, which is scheduled to open this year.
Separately, it is considering building a third plant in Europe to double
its production.
China is dominating EV battery minerals, which is a huge advantage
for Chinese EV battery manufacturers.
When it comes to mineral processing and smelting, China's market share in different sectors reaches 50% to 70%.
In most cases, the raw materials used by Korean EV battery manufacturers are imported from China
.
for Chinese EV battery manufacturers.
When it comes to mineral processing and smelting, China's market share in different sectors reaches 50% to 70%.
In most cases, the raw materials used by Korean EV battery manufacturers are imported from China
.
Hara: According to the survey, the market share of EV batteries in China is increasing rapidly
