Market research firm SNE Research said on Oct. 6 that global EV battery usage from January to August this year was 287.6 GWh, which was up 78.7 percent from a year ago. usage of CATL EV batteries rose 114.7 percent year-on-year to 102.2 GWh, and the company's market share rose from 29.6 percent to 35.5 percent.
In comparison, LG Energy Solutions' market share fell from 22.3% to 13.7%, while the combined market share of SK On, Samsung SDI and LG Energy Solutions fell from 33.5% to 25%. BYD's EV battery usage, on the other hand, grew over 192% year-over-year.
Right now, Chinese companies are rapidly expanding their overseas operations. Companies like CATL recently announced that its cylindrical batteries will be supplied to BMW starting in 2025. Currently, cylindrical batteries are a major product for LG Energy Solutions, Samsung SDI and Panasonic.
CATL is currently building a 100 GWh per year plant in Hungary with an investment of €7.3 billion. This is CATL's second plant to be built in Europe, after the German plant scheduled to be operational this year. In addition, it is considering building a third plant in Europe to double its production.
China is dominating EV battery minerals, which is a huge advantage for Chinese EV battery makers. When it comes to mineral processing and smelting, China has a 50 to 70 percent market share in different areas. The raw materials used by Korean EV battery manufacturers are in most cases imported from China.
source：ECCN
Abonnieren fuer regelmaessige Marktupdates.
Bleiben Sie auf dem neuesten Stand der Branchentrends, indem Sie unseren Newsletter abonnieren. Unser Newsletter ist Ihr Zugang zu erstklassiger Marktexpertise.
ChangXin Memory Technologies (CXMT), China's top DRAM supplier, is reportedly preparing to phase out DDR4 products for server and PC use by mid-2026. As the company pivots to DDR5 and high-bandwid
Japan's push to revive its semiconductor manufacturing is hitting speed bumps as major manufacturers expressed cautiousness over operation or expansion amid weak demand outside of AI.According to
The global semiconductor manufacturing industry entered 2025 with typical seasonal patterns. However, looming tariff threats and evolving supply chain strategies are expected to create atypical season
At the TSMC Technology Symposium 2025 on May 15 in Hsinchu, Taiwan, T.S. Chang, VP of Advanced Technology and Mask Engineering at TSMC, announced the company's accelerated fab expansion plans. Pre
Chinese listed semiconductor equipment and materials companies released their 2024 annual financial reports in late April, revealing strong revenue growth but a decline in overall profitability. Despi
The Semiconductor Industry Association (SIA) reports that global semiconductor sales reached USD 167.7 billion in the first quarter of 2025, marking an 18.8% increase compared to the same period last
