CATL’s market share in May increased by 3.44 percentage points compared to April, while BYD’s share decreased by 3.86 percentage points.
In May, China’s power battery installation volume totaled 57.1 GWh, up 43.1 percent year-on-year and up 5.5 percent sequentially.
China EV battery installations in May: CATL share at 42.87%, BYD 22.49%
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