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CATL and BYD are the two leading companies in China's power lithium battery industry. According to the data of China's Automotive Power Lithium Battery Industry Innovation Alliance, in 2020, CATL's market share in the power lithium battery market was 49.90%, while BYD's market share was 14.91%.

2. Comparison of BYD V.S.CATL Power Lithium Battery Technology Layout

(1) Comparison of patent application volume and PCT application volume: BYD is far ahead of CATL

In terms of the number of patent applications for power lithium-ion batteries, BYD's total number of patent applications for power lithium-ion batteries is about four times that of CATL, with 748 and 184 respectively.

In addition, the number of patent applications for BYD Power Lithium Battery PCT is also higher than that for CATL Power Lithium Battery PCT, with 33 and 7 patents respectively.

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