The top 10 companies were CATL, BYD, Panasonic, LG Energy Solution, China Lithium Battery Technology, SK On, Guoxuan Hi-Tech, Samsung SDI, SVOLT Energy Technology, and EVE Energy. CATL, which topped the list, dominated a global market share of 37.8% in January, which was 5.2 percentage points higher than 32.6% in 2021.
Contemporary Amperex Technology Co. Limited (CATL) has swiftly risen in less than a decade to claim the title of the largest global battery group. The Chinese company now has a 34% share of the market and supplies batteries to a range of made-in-China vehicles, including the Tesla Model Y, SAIC’s MG4/Mulan, and Li Auto models.
There were big changes in both market share and ranking of the top 10 producers. The top 10 companies were CATL, BYD, Panasonic, LG Energy Solution, China Lithium Battery Technology, SK On, Guoxuan Hi-Tech, Samsung SDI, SVOLT Energy Technology, and EVE Energy.
Still, the top three battery makers are responsible for two thirds (66%) of the total battery deployment, which highlights the importance of scale in this business, in order to have the most competitive product on the market. Panasonic, once upon a time a leader in the automotive EV business, has continued its slow slide down the table.
The market value reflects the recognition and expectation of the capital market on the value of the mentioned power battery companies. The peak value of CATL in the first half of the year has reached 24 times that of LG. The market value of GOTION High-tech and EVE also exceeds LG.
This was driven by demand from its own models and growth in third-party deals, including providing batteries for the made-in-Germany Tesla Model Y, Toyota bZ3, Changan UNI-V, Venucia V-Online, as well as several Haval and FAW models. The top three battery makers (CATL, BYD, LG) collectively account for two-thirds (66%) of total battery deployment.
Farasis Energy Named a Top-10 Brand in China''s 2024 Solid-State Battery …
With industry-leading battery performance, Farasis has consistently ranked among the top three globally in pouch cell battery installation capacity for several consecutive years. READ the latest Batteries News shaping the battery market. Farasis Energy Named a Top-10 Brand in China''s 2024 Solid-State Battery Competitiveness Rankings, source
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Battery top ten brand ranking. Feb 12, 2019 Pageview:2630 . In life, there are a lot of electronic products. To maintain good functions, electronic products need the assistance of batteries, so that people can ensure the normal work of electronic products when they use them and enjoy the convenience. Therefore, people need to be careful when choosing batteries. So, …
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The top 10 companies were CATL, BYD, Panasonic, LG Energy Solution, China Lithium Battery Technology, SK On, Guoxuan Hi-Tech, Samsung SDI, SVOLT Energy …
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After October, BYD again surpassed Panasonic to rank third in the global power battery list, rising star EVE Lithium rose to ninth, and SUNWODA made a list for the first time, ranking tenth. …
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