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CATL's "L ü Bu Zhan San Ying" still dominates the global market share with a strong advantage.

As countries around the world accelerate their shift towards new energy vehicles, the demand for power lithium-ion batteries from major car manufacturers around the world is strongly increasing, and domestic power lithium-ion battery manufacturers such as CATL and BYD are also experiencing significant benefits.

According to data survey results released today by South Korean energy market analysis company SNER Research, the global total energy consumption of electric vehicle batteries in the first half of this year was 114.1 GWh (gigawatt hours), an increase of 153.7% compared to the same period last year.

In the first six months of this year, China's battery giant CATL (CATL) ranked first among global power lithium battery manufacturers with a market share of 29.9%, while BYD ranked fourth with a market share of 6.9%.

It is worth noting that compared to the market share in 2020, CATL and BYD have both improved. CATL has increased by about 7.2%, while BYD has increased by about 1.2%.

Currently, Japanese company Panasonic ranks third with a market share of 15%.

However, it is worth noting the performance of three Korean power lithium battery manufacturers.

According to SNER Research, in the first half of this year, the combined market share of LG Energy, Samsung SDI, and SK Innovation, the three battery companies, accounted for 34.9% of the global electric vehicle battery market, about one-third of the global market, and slightly higher than 34.5% in the same period last year.

LG Energy, which supplies batteries to electric vehicle manufacturers such as TSLA, Volkswagen, and Ford, ranked second with a market share of 24.5% during this period.

Two other Korean manufacturers, Samsung SDI and SK Innovation, respectively, ranked fifth and sixth with a slight disadvantage.

SNE stated in the report: "CATL, BYD, and other Chinese battery manufacturers have led the market upward. As the Chinese market continues to expand, it is expected that the majority of Chinese manufacturers will experience an increase above the market average

If we only look at the data from June this year, CATL ranks first in the global electric vehicle battery market with a share of 30.1%, and LG Energy Solutions ranks second with a market share of 24.8%.

Next are Panasonic (15.9%), BYD (6.8%), SK Innovation (5.4%), and Samsung SDI (4.7%).

Although the market share of EV batteries fluctuates every month, based on the sales performance of the EV models equipped with each company's batteries, Chinese companies such as CATL and BYD have shown rapid growth due to their strong domestic market performance.

SNER Research stated: "With the continuous expansion of China's electric vehicle market, Chinese companies are accelerating their entry into the European market, and the global competitive environment is very fierce

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