SNE Research: CATL ranks first in the global EV battery market for the first five months of 2021

2 July 2021, 05:29:52

According to SNE Research, CATL ranks first in the global EV battery market for the first five months of 2021. Its market share for January-May 2021 is 31.2% compared to 22% for January-May 2020. However, if we look at the GWh installed, the YoY growth reaches a staggering 272.1% from 7.4GWh in 2020 to 27.6GWh in 2021.

LG Energy Solutions is second with 23.1% market share for January-May 2021 and a 166.7% growth in installed batteries to 20.5GWh in 2021 from 7.7GWh in 2020 (January-May). Panasonic is third with 14.7% market share in the first five months of 2021- down from 22.3% for January-May 2020. At the same time, the installed batteries capacity has increased by 73.5% from 7.5GWh to 13GWh.

BYD is fourth with a 1% increase in market share from 5.9% to 6.9% and a 207.4% increase in installed batteries capacity from 2GWh to 6.1GWh. Samsung SDI is fifth with a decrease in market share from 6.8% in Jan-May 2020 to 5.3% in Jan-May 2021. At the same time, its installed batteries capacity has increased by 104.6% from 2.3GWh to 4.7GWh. SK Innovation takes the sixth place with a slightly changed market share of 5.1% and a 152.2% increase in capacity from 1.8GWh to 4.5GWh.

The last four places in the Top 10 list of EV batteries manufacturers are taken by CALB, Guoxuan, AESC, and PEVE. Other players in the market take up 5.9% from it.Source

News related to CATL, LG, Samsung, SK Innovation, Panasonic or BYD

CATL has started building its first battery production facility in North China called. It is a joint investment between CATL, BAIC Group, Beijing Energy Group, Xiaomi Group, and others. The groundbreaking ceremony was held yesterday. Currently, CATL has 11 factories in China and 7 of those are joint ventures with Chinese automakers. This new one will be the 12th in total and the 8th joint venture. Two other CATL...

19 June 2024

CATL unveiled the world's first LFP battery that achieves a range above 1000 km with 4C superfast charging - the Shenxing PLUS. The 1000 km pure electric range comes from continuous technological breakthroughs. The cathode of Shenxing PLUS is made with a granular gradation technology, which places every nanometer particle in the optimal position to achieve ultra-high compact density. The proprietary 3D...

25 April 2024

Mazda and Panasonic Energy have signed an agreement on the supply of cylindrical automotive lithium-ion batteries. Earlier this month, Subaru also announced it signed a basic cooperative agreement with Panasonic Energy for the supply of cylindrical automotive Li-Ion batteries. In June and July 2023, Mazda and Subaru commenced discussions with Panasonic Energy aimed at building a medium- to long-term partnership for...

30 March 2024

Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly-owned subsidiary to strengthen its capabilities in mass-producing automotive batteries. The acquisition is scheduled to take place in late March. Among Toyota-affiliated companies, currently PEVE, Toyota Industries Corporation, and Prime Planet Energy & Solutions, Inc...

5 March 2024

LG Display showcases a series of ultra-large automotive display solutions at CES 2024. At its dedicated booth for automotive displays in the West Hall of LVCC, the company unveiled the world's largest automotive display - the 57-inch Pillar-to-Pillar (P2P) LCD - and the largest slidable panel - the 32-inch Slidable OLED. The 57-inch Pillar-to-Pillar (P2P) LCD covers the entire dashboard from the driver's seat to the...

10 January 2024

LG will hold a private demonstration for major automakers at CES 2024, introducing a new cross domain platform integrating Advanced Driver Assistance System (ADAS), Automated Driving (AD) and In-Vehicle Infotainment (IVI) technologies. Developed by LG in collaboration with Magna, a global mobility tech company, the game-changing future mobility platform is expected to arrive on the market in the near future...

4 January 2024

LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles (EVs) and collaborate with key partners from development to the supply chain. LG Chem will invest around KRW 2...

28 December 2023

Stellantis and CATL today announced the signing of a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis' electric vehicle production in Europe. To further support Stellantis' aggressive electrification strategy, the two companies are considering the possibility of forming a joint venture with equivalent contributions. The MoU outlines a long-term...

21 November 2023

LG Electronics will enter the rapidly growing U.S. electric vehicle charger market in 2024 with the introduction of its first line of AC and DC powered EV charging stations. According to LG Business Solutions USA's Senior Vice President Nicolas Min, the line will include Level 2 and Level 3 EV chargers, opening new opportunities for businesses, municipalities and other public places to support the electrification of...

17 November 2023

Korean news agency Yonhap reports that LG Energy Solution, Ford, and Koç Holding scrap plans to build an EV battery JV in Türkiye. Earlier this year, on February 22, the three companies signed a non-binding Memorandum of Understanding (MoU) to form a new joint venture to create one of Europe's largest commercial electric vehicle battery cell facilities near Ankara, Türkiye. The agreement was subject to final...

13 November 2023

The Elec reports that Ford has hired a former VP at Samsung SDI to develop EV batteries in its joint venture with SK On - Blue Oval SK. According to The Elec's sources, the company has appointed Kim Sung-hoon. He has experience and expertise in developing large batteries, manufacturing technologies such as stacking of battery materials, and production lines for them. It is expected that he will focus on battery...

8 November 2023

At the Japan Mobility Sow 2023, BYD showcases five NEV models and a number of its advanced technologies. The focus of the event was the all-electric BYD SEAL sports sedan. It is scheduled to hit the Japanese market in Spring 2024. Atsuki Tofukuji, President of BYD AUTO JAPAN Inc. emphasized BYD's unwavering commitment to innovation, citing technologies such as CTB technology, the e⁴ platform, and the DiSus...

25 October 2023

LG Energy Solution and Toyota Motor North America today announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States. Under the contract, LG Energy Solution will supply automotive battery modules at an annual capacity of 20GWh starting from 2025. The battery modules, consisting of high-nickel NCMA...

4 October 2023

Changan, CATL, and Huawei have launched their second model - the Avatr 12. The sporty fastback made its European debut at the IAA Mobility 2023 in Munich and will enter production later this week. The vehicle is 5020 mm long, 1999 mm wide, 1460 mm high, and has a wheelbase of 3020 mm. The front and rear tracks measure 1688 mm and 1702 mm, respectively. The front fascia includes an active grill at its lower part...

5 September 2023