CATL continued to be the world’s largest power battery manufacturer in 2024, with a 37.9 percent share above the 36.6 percent in 2023.
BYD’s share of 17.2 percent in 2024 was also higher than the 15.9 percent in 2023.
Global EV battery market share in 2024: CATL 37.9%, BYD 17.2%
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