SNE Research

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 share of the global power battery market reached 32.6 percent in 2021, up 8 percentage points from 24.6 percent in 2020.

CATL's share was 11.3 percentage points higher than second-place LG Energy Solution's 20.5 percent.

Chinese battery giant CATL ranked No. 1 in the global power battery market with a 29.9 percent market share in the first half of the year, according to SNE Research.

LG Energy Solution's installed base in May rose 370 percent year-over-year to 5.7 GWh.

CATL's battery installations from January to May reached 27.6 GWh, with a global market share of 31.2 percent, 9.8 percentage points higher than the 22 percent of the same period last year, the data shows.

CATL's sales almost quadrupled to 21.4 GWh, further cementing the company's position as the world's largest maker of batteries for electric vehicles.

LG Chem's installed capacity was 26.4 GWh, up 1.4 times year-on-year, ranking second in the world. Panasonic's installed capacity was 22.3GWh, down 8.5% year-on-year, ranking third.

LG Chem was the world's top seller of electric vehicle (EV) batteries from January to August and CATL, China's largest automotive lithium-ion battery maker, was second, a South Korean market research firm said Monday.