In the LFP battery market, BYD topped the list with a 43.18 percent share in July, up from 39.61 percent in June, with an installed base of 9.35 GWh.
CATL's share of China's electric vehicle (EV) battery market slipped in July, while BYD (OTCMKTS: BYDDY) rose.
In July, China's power battery installed capacity was 32.2 GWh, up 33.3 percent year-on-year but down 2.0 percent from June, according to data released today by the China Automotive Battery Innovation Alliance (CABIA).
CATL's power battery installed capacity in July was 13.47 GWh, ranking first with a 41.79 percent share, but down 3.34 percentage points from June's 45.13 percent share.
BYD's power battery installed capacity was 9.35 GWh in July, ranking second with a 29.01 percent share, up 1.63 percentage points from 27.38 percent in June.
BYD's share of China's power battery market was around 34 percent in both January and February. Its share was below 30 percent in March and April, and returned above 30 percent in May.
CALB, with an installed base of 3.20 GWh of power batteries in July, ranked third with a 9.93 percent share, up 1.11 percentage points from 8.82 percent in June.
Eve Energy ranked No. 4 in July with 1.32 GWh of installed capacity and a 4.08 percent share, down 0.43 percentage points from 4.51 percent in June.
Gotion High-tech ranked fifth in July with 1.25 GWh loaded and 3.89 percent share.
Gotion had ranked fourth in March with a 4.51 percent share, but was overtaken by Eve Energy in April.
China's July Li-ion ternary battery installations amounted to 10.6 GWh, accounting for 32.8 percent of total installations, up 7.4 percent year-on-year and 4.8 percent from June.
The installed volume of LFP batteries was 21.7 GWh, accounting for 67.2 percent of the total installed volume, an increase of 51.1 percent year-on-year and a decrease of 4.7 percent from June.
In the LFP battery market, BYD topped the list with a 43.18 percent share of the LFP battery market with 9.35 GWh installed in July, up from 39.61 percent in June.
CATL's installed base of 6.86 GWh in the LFP battery market in July ranked second with a 31.69 percent share, down from 37.27 percent in June.
In March, CATL's share of the LFP market was 39.47 percent, higher than BYD's 38.88 percent, marking the first time in a year that it has overtaken BYD in the market. BYD's share of the LFP market rebounded to 42.78 percent in April, regaining its lead over CATL's 33.75 percent.
Gotion and Eve Energy ranked third and fourth in the LFP battery market with 5.37 percent and 4.87 percent share, respectively.
In the Li-ion ternary battery market, CATL ranked first with a 62.57 percent share in July with an installed base of 6.61 GWh.
CALB and LG Energy Solution ranked second and third in the ternary battery market with 15.32 percent and 4.79 percent share, respectively.
Global EV battery market share in H1 2023: CATL 36.8%, BYD 15.7%
More From CnEVPost
