In the first half of the year, CATL was still the reigning king in terms of EV battery market share. The global EV battery capacity sold in the first six months of 2023 grew 54% compared to the same period last year, reaching over 300GWh, according to Counterpoint Research. During the same period, global EV sales also experienced a 43% year-on-year growth. The leading regions in EV battery installations were China, the US, and Europe, unsurprisingly. CATL’s share of the market was 34%, followed by BYD at 16%, LG at 14%, Panasonic at 8%, SK Innovation and Samsung SDI at 5% each…. More…
CATL is still the king of EV batteries as sales grow by 54%
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