Battery Data

LG Energy Solution ranked second with a 14.4 percent share and BYD ranked third with an 11.8 percent share, according to SNE Research.

CATL gained more share in June, as its major customers saw their output further return to normal.

CATL and BYD's share of the China power battery market returned to their respective normal levels in May, after a Covid disruption in April narrowed their gap significantly.

BYD's share reached 32.2 percent in April, narrowing the gap to 6.1 percentage points from CATL's 38.3 percent share.

CATL shipped 33.3 GWh in the first quarter, with a 35 percent share, up from 34.4 percent at the end of February.

CATL's installed base in China in March was 10.81 GWh, capturing 50.49 percent of the market share, up 2.47 percentage points from February.

LFP batteries lead ternary batteries in China for the ninth consecutive month.

BYD beat Panasonic to third place with 11.9 percent market share in January-February, while the latter ranked fourth with 10.8 percent share.

CATL's battery installations in China in February were 6.57 GWh, accounting for 48.02 percent market share, down from 50.24 percent in January.

LFP battery installations in China led ternary batteries for the eighth consecutive month.