The Chinese company CATL (Contemporary Amperex Technology) continues to dominate the market strong> of electric car batteries. According to the latest photograph taken by SNE Research, in the period January-July 2023, the company delivered 132.9 GWh of batteries. This is an increase of 54.3% compared to the same period in 2022 when 86.1 GWh of batteries were delivered.
In the first 7 months of the year, the Chinese battery giant is firmly in first place with a share of 36.6%. Contributing to this result is the constant growth of the company which is also expanding in Europe and North America. Furthermore, its batteries are also used on the Tesla Model 3/Model Y and on various models of the main Chinese car manufacturers.
WELL BYD
BYD also continues to growwhich in the January-July 2023 ranking finished in second place even if with numbers far from those of CATL. The Chinese company, however, recorded strong growth in the January-July 2023 period with 58.1 GWh of batteries delivered, compared to 29.9 GWh in 2022. This is a growth of 94.1%. BYD's market share in the period under review is was 16%.
Third step of the podium for LG Energy Solutionwith 51.4 GWh (+53.2%) and market share of 14.2%. Panasonic, the only Japanese company in the top 10, recorded 26.6 GWh, representing growth of 38.2% year-on-year. We remind you that Panasonic is one of Tesla's main suppliers. Here is the ranking for the period January-July 2023:
- CATL: 132.9 GWh (36.6% market share)
- < strong>BYD: 58.1 GWh (16% market share)
- LG Energy Solution: 51.4 GWh (14.2% market share)
- Panasonic: 26.6 GWh (7.3% market share)
- SK On: 19 GWh (5 .2% market share)
- CALB: 16.4 GWh (4.5% market share)
- Samsung SDI: 15 GWh (4.1% market share)
- EVE: 8 GWh (2.2% market share)
- Guoxuan: 7.8 GWh (2. 1% market share)
- Sunwoda: 5.4 GWh (1.5% market share)
- Others : 22.4 GWh (6.2% market share)
Overall, in this period, there is There was a demand for batteries equal to 362.9 GWh, an increase of 49.2% compared to the 243.2 GWh of the same period last year.
This ranking still puts once China's dominance in the battery sector was highlighted. As we know, Europe is working to reduce dependence on Chinese suppliers but it is clear that the work to be done to recover the lost ground is still a lot.
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