CATL dominates the battery market in 2022

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CATL also in 2022has dominated the battery market for electrified cars (hybrid, plug-in and electric). The Chinese company has held this record for several years now and the numbers for 2022 show that its weight continues to increase. Let us remember that this reality is supplies its products to manufacturers such as, for example, Tesla, Volkswagen and NIO. CATL is also investing heavily in the development of next generation batteries and has even created its own brand for battery swap services. Furthermore, as we know, it is investing heavily in the creation of new factories in Europe as well.

THE BATTERY MARKET IN 2022

According to a new report by the company; SNE Research who has taken a snapshot of this market, in 2022 there is a lot to see. was an overall request for batteries of 517.9 GWh. This is an increase of 71.8% compared to 2021 (301.5 GWh). Based on the data, the company – estimates that in 2023 the demand for batteries could rise to 749 GWh.


As mentioned at the beginning, CATL dominated this market with 191.6 GWh, equal to a market share of 37% (33% in 2021). LG Energy Solutionscloses in second place with 70.4 GWh but with a market share that is down to 13.6% from 19.7% in 2021. Third step of the podium for BYD again with 70.4 GWh and a share of 13.6% up on 8, 7% in 2021. Then come Panasonic and SK On.

  • CATL: 191.6 GWh (37%)
  • LG Energy Solution: 70.4 GWh ( 13.6%)
  • BYD: 70.4 GWh (13.6%)
  • Panasonic: 38 GWh (7.3%)
  • SK On : 27.8 GWh (5.4%)
  • Samsung SDI: 24.3 GWh (4.7%)
  • CALB: 20 ​​GWh (3.9%)
  • Guoxuan: 14.1 GWh (2.7%)
  • Sunwoda: 9.2 GWh (1.8%)
  • Farasis: 7.4 GWh (1.4%)
  • Others: 44.5 GWh (8.6%)

CATL, therefore, continues to dominate the battery market for electrified vehicles undisturbed. It is worth noting that, according to the report, BYD is one of the leading companies in the industry. the only company other than CATL in the top six to see market share growth in 2022. Asia and, in particular, China continues to be the center of gravity of this market which is rapidly growing in importance due to the development of electric cars.


Europe, as we know, is working to reduce its dependence on Chinese suppliers but it seems clear that the work to be done to recover the lost ground is much more important. very much indeed.

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