ArenaEV.com ArenaEV.com

Facebook

Twitter

Instagram

RSS

Settings
Units
Power
Standard
Consumption
Currency

Log in

Login

I forgot my password
Sign up
ADVERTISEMENTS

CATL continues to dominate the EV battery market, takes 33% in Jan-Feb

  • Post your comment

Ro, 30 March 2023

CATL BYD Other

Korean market researcher SNE Research came out with a January-February 2023 analysis revealing that CATL is still the largest EV battery maker in the world, taking a 33.9% share. BYD follows with 18.2% and LG Energy Solution is third with 13.3%.

CATL continues to dominate the EV battery market, takes 33% in Jan-Feb

It's important to note that CATL's share declined year-over-year from 35.1%, but it still grew significantly in terms of absolute shipments going from 19 GWh in 2022 to 25.5 GWh in 2023.

BYD, on the other hand, secured a bigger market share compared to the same period in 2022, going from 11.3% to 18.2% in January-February 2023. Shipments grew from 6.1GWh to 13.7GWh (122.6% increase). SNE Research points to BYD's vertically integrated supply chain as the main reason for its good performance this year. It supplies batteries to other manufacturers, but also uses them for its in-house vehicles.

Manufacturer Jan-Feb 2022 shipments in GWh Jan-Feb 2023 shipments in GWh Growth Market share (Jan-Feb 2022) Market share (Jan-Feb 2023)
CATL 19.0 25.5 34.0% 35.1% 33.9%
BYD 6.1 13.7 122.6% 11.3% 18.2%
LG Energy Solution 6.6 10.0 51.9% 12.2% 13.3%
Panasonic 5.3 7.8 47.6% 9.8% 10.4%
SK On 4.0 4.1 3.8% 7.4% 5.5%
Samsung SDI 2.3 3.7 57.2% 4.3% 4.9%
CALB 2.4 2.5 5.0% 4.5% 3.4%
Gotion High-tech 1.7 1.5 -8.2% 3.1% 2.0%
Eve Energy 0.8 1.4 73.9% 1.4% 1.8%
Sunwoda 0.9 1.1 17.5% 1.7% 1.4%
Others 5.0 3.9 -20.8% 9.2% 5.2%
Total 54.1 75.2 39.0% 100% 100%

The Korean LG Energy Solution saw a 5.19% uptick reaching 10GWh total deliveries and securing a larger 13.3% piece of the pie as a result.

The Japanese Panasonic sits in fourth place, placing ahead of Korean SK On and Samsung SDI.

The rest of the top 10 is occupied once again by the Chinese makers CALB, Gotion, Eve Energy and Sunwoda.

Overall, the market is growing fast. In January-February 2022, the total battery shipments grew 39% from 54.1 GWh to 75.2 GWh.

Source (in Korean)

Related articles
  • 140kWh 1,000km CATL’s Qilin battery enters mass production 140kWh 1,000km CATL’s Qilin battery enters mass production
  • CATL cutting battery costs for some of its customers CATL cutting battery costs for some of its customers
  • Global EV battery market surges almost 72% in 2022, CATL still the leader Global EV battery market surges almost 72% in 2022, CATL still the leader
  • Nio and CATL's new deal hints at new brand launch Nio and CATL's new deal hints at new brand launch
  • Post your comment
Total reader comments: 0

  • Home
  • Compare
  • News
  • Terms
  • Reviews
  • About us
  • Tesla
  • Volkswagen
  • Audi
  • Porsche
  • BMW
  • Mercedes
  • Hyundai
  • Kia
  • Genesis
  • Renault
  • Nissan
  • Ford
  • Volvo
  • Polestar
  • Jaguar
  • Toyota
  • Mazda
  • Mini
  • MG
  • Vinfast
  • Lucid
  • Rivian
  • Cadillac
  • Chevrolet
  • GMC
  • Subaru
  • Nio
  • Xpeng
  • BYD
  • [..]

EV finder

ADVERTISEMENTS

Latest models

  • ModelXiaomi
    YU7 Max
  • ModelNissan
    Leaf 75kWh
  • ModelTesla
    Model S Plaid
  • ModelNissan
    Micra EV 52kWh
  • ModelTesla
    Model X Plaid
  • ModelGenesis
    GV60 Performance AWD

Featured

  • Huge real life test shows EV range loss at -15°C Huge real life test shows EV range loss at -15°C
  • Why solar panels on cars make no sense (at this point) Why solar panels on cars make no sense (at this point)
  • Mirror cameras: The pros and cons Mirror cameras: The pros and cons
  • Can hydrogen fuel cells replace EV batteries? Can hydrogen fuel cells replace EV batteries?
  • The EVs will kill the power grid. Or will they? The EVs will kill the power grid. Or will they?
ADVERTISEMENTS

Reviews

  • Mercedes-Benz EQE AMG 43 4Matic review Mercedes-Benz EQE AMG 43 4Matic review
  • Polestar 2 Long Range AWD review Polestar 2 Long Range AWD review
  • Peugeot e-2008 Facelift review Peugeot e-2008 Facelift review
  • Hyundai Ioniq 5 N review Hyundai Ioniq 5 N review

Home News Compare About us RSS feed Facebook Twitter Instagram

© 2022-2025 ArenaEV.com Mobile version EV Finder Glossary Privacy Terms of use

From the team behind
GSMArena.com