CATL’s market share decreased by 2.28 percentage points in July compared to June, while BYD’s share decreased by 0.29 percentage points, as smaller players saw growth.
In July, China’s power battery installation volume reached 55.9 GWh, up 34.3 percent year-on-year, but down 4.0 percent from June.
China Jul EV battery installations: CATL share 41.40%, BYD 21.18%
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