Global EV Battery market share, Korean companies on the rise, CATL and Panasonic lead

10 February 2020, 03:54:17

Global EV Battery market share, Korean companies on the rise, CATL and Panasonic leadSNE Research has come up with the annual global EV battery usage for 2019. The data is based on information about the sales of electric vehicles (EV, PHEV, HEV) in 76 countries across the globe and data on batteries installed in electric vehicles registered during this year. The statistics show that the three major Korean manufacturers have increased their market share in terms of sales.

CATL is on top, followed by Panasonic, but LG Chem now takes third place surging 64.8% year-on-year to 12.3GWh surpassing BYD which is now fourth. Samsung SDI is next moving up one place to the fifth, which is a 20.9% increase to 4.2GWh. The others are AESC, Guoxuan, PEVE, Lishen and at the tenth place is SK Innovation - this is the first time the company makes it to the top 10, recording 1.9GWh, an increase of 2.3 times.

The growth of the three Korean companies was driven by increased sales of models with their own batteries. LG Chem's usage increased sharply as sales of Audi E-Tron, Hyundai Kona EV and Jaguar I-Pace surged. Samsung SDI's growth was fueled by strong sales of Volkswagen e-Golf and BMW i3. SK Innovation posted rapid growth thanks to strong sales of Kia Niro EV and Kia Soul EV.

In 2019, the total amount of battery energy for electric vehicles registered in countries around the world was 116.7 GWh, an increase of 16.7% over the previous year. CATL and Panasonic continued to grow with growth above the market average occupying more than half of the global EV battery market. However, the remaining Chinese and Japanese makers saw their consumption decline or grow below the market average.Source

Related news

News related to LG Chem, Samsung SDI, SK Innovation, CATL or Panasonic

LG Energy Solution says it will overtake CATL in the EV battery market

South Korean news agency Yonhap reports that during a press conference in South Korea for the LG Energy Solution IPO, the company's Vice Chairman Kwon Young-soo said that LG Energy Solution will overtake CATL even though its market capitalization is lower than the market's first. Let's see several figures. The current CATL market capitalization is 234 trillion won. LG Energy Solution plans to set its share price...

12 January 2022

Samsung SDI launches the PRiMX brand for batteries

At the end of 2021, Samsung SDI announced that it has launched its battery brand PRiMX (pronounced as Praimax). Samsung SDI is to promote the super-gap technology strategy through the launch of the brand that conveys the company"s identity. PRiMX stands for "Prime Battery for Maximum Experience." The brand was developed under the three keywords, "Absolute Quality," "Outstanding Performance," and "Proven Advantage."...

4 January 2022

Panasonic to add campus in Reno as EV market revs up

Panasonic Energy of North America (PENA), a Division of Panasonic Corporation of North America, today announced plans to expand in Northern Nevada with a new campus in Reno that is anticipated to open in spring 2022. The 94,483 sq. ft. existing building at 645 East Plumb Lane managed by Industrial Realty Group, LLC (IRG) in Reno is being renovated to become PENA's division headquarters and will feature state-of...

22 December 2021

CATL and Hyundai Mobis sign CTP technology licensing and partnership agreement

CATL and Hyundai Mobis have signed a technology licensing and partnership agreement, according to which CATL will introduce and disclose its CTP (cell to pack) technology to MOBIS as well as support MOBIS in the supply of related CTP products not only in South Korea but also worldwide. Featuring highly efficient integration, CTP is a technology that directly integrates cells into packs without modules. By leveraging...

27 October 2021

Stellantis and Samsung SDI announced a JV for EV battery production in North America

Stellantis and Samsung SDI announced that their companies have entered into a memorandum of understanding to form a joint venture to produce battery cells and modules for North America. Targeted to start in 2025, the plant aims to have an initial annual production capacity of 23 gigawatt hours, with the ability to increase up to 40 gigawatt hours in the future. Stellantis is now well advanced in the process of...

25 October 2021

SK On launches today, already has orders for more than 1,000 GWh of batteries

SK Innovation today launched its battery division split off - the SK On as a wholly-owned subsidiary, meaning it is 100% owned by SK Innovation. In a split-off, the parent company holds all the shares. In a spinoff, shares are distributed to shareholders of the parent. "Today marks an important step for SK Innovation to consummate a structural form of a portfolio innovation that we have sought," said Kim Jun, CEO of...

1 October 2021

Ford to build a new mega campus in Tennessee and twin battery plants in Kentucky

Ford announced its plans to bring electric vehicles at scale to American customers with two new massive, environmentally and technologically advanced campuses in Tennessee and Kentucky that will produce the next generation of electric F-Series trucks and the batteries to power future electric Ford and Lincoln vehicles. Ford plans to make the largest-ever U.S. investment in electric vehicles at one time by any...

28 September 2021

Report: Samsung SDI will produce Unified Prismatic Cells for Volkswagen

South Korean news outlet The Elec reports that Samsung SDI has won a contract for manufacturing batteries for Volkswagen. According to "people familiar with the matter", the Korean giant will produce a part of VW's self-designed Unified Prismatic Cells. The media speculates that other companies in which Volkswagen has a stake will also contribute to the production of these battery cells. These are Northvolt and...

5 August 2021

CATL presented its sodium-ion batteries with up to 160 Wh/kg energy density

CATL has introduced the first generation of its sodium-ion batteries. The final product is a result of many years of research and development to overcome several challenges that stood in front of the commercialization of such batteries. First, sodium ions are 2.4 times larger in volume than lithium ones and are large and slower to move. Second, sodium-ion cells have a lower energy density and are heavier compared to...

1 August 2021

LG Chem to invest 10 trillion won on by 2025 in battery materials, eco-friendly materials

At the LG Chem press conference earlier today, Chief Executive Officer Hak Cheol Shin, outlined the main strategy of the company for sustainable growth. He unveiled a declaration with three major fields of action: petrochemicals with a focus on eco-friendly materials; advanced materials with a focus on battery materials, separation membranes, cathode binders, anodes; pharmaceuticals. Over 30 projects including M&As...

14 July 2021

SK Innovation will split off its battery business, commits to green-centered business

Yesterday, SK Innovation held the "SK Innovation Stroy Day" at the Conrad Hotel in Yeouido, Seoul. The event unveiled key points from the company's strategy for development which can be encompassed in one phrase "From carbon to green". This means that the company is ready to transform its carbon-centered business structure into one that operates a green/eco-friendly-centered business. This will be achieved based on...

2 July 2021

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

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...

2 July 2021

Samsung SDI will build an EV battery factory in the USA

A few days ago, TheElec reported about Samsung SDI's plans on investing 2 trillion won in developing its EV battery business, excluding the USA market. A decision about expanding to North America was yet to be made. Today, the same news outlet reports that this decision is a fact - Samsung SDI has decided to build an EV battery factory in the USA. This factory will be the first for Samsung SDI in the local market...

29 June 2021

Apple in talks with BYD and CATL for EV battery supplied

Reuters reported that according to "four people with knowledge of the matter", Aplpe is in talks with CATL and BYD for supplying batteries for a future electric vehicle. These talks are in a very early stage and it remains largely uncertain whether any agreements will be reached. One of Apple's main condition is the future battery suppliers to create battery manufacturing facilities in the USA, according to two of...

9 June 2021

EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonChevroletDaciae.GOFIATFordGenesisHondaHyundaiJaguarKIAMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartTeslaVolkswagenVolvo

Featured

Specifications of some of the most interesting and anticipated EVs.

2022 Mercedes-Benz AMG EQS

2022 Mercedes-Benz AMG EQS 53 4MATIC+

Doors: 5, Seats: 5
Length: 205.6 in / 5223 mm
Height: 59.8 in / 1520 mm
Curb weight: 5853.27 lb / 2655 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 239 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V

2022 Mercedes-Benz EQS

2022 Mercedes-Benz EQS 580 4MATIC

Doors: 5, Seats: 5
Length: 205.4 in / 5216 mm
Height: 59.5 in / 1512 mm
Curb weight: 5698.95 lb / 2585 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 140 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V

2022 Mercedes-Benz EQS

2022 Mercedes-Benz EQS 450+

Doors: 5, Seats: 5
Length: 205.4 in / 5216 mm
Height: 59.5 in / 1512 mm
Curb weight: 5467.46 lb / 2480 kg
Electric motor: 245 kW @ 4500 - 13500 rpm, 568 Nm, Location: Rear
Battery: 107.8 kWh, Voltage: 500 V

2022 Genesis GV60

2022 Genesis GV60 Performance AWD

Doors: 5, Seats: 5
Length: 177.8 in / 4515 mm
Width: 74.4 in / 1890 mm
Height: 62.2 in / 1580 mm
Curb weight: 4761.98 lb / 2160 kg
Electric motor #1: 160 kW, 350 Nm, Location: Rear
Electric motor #2: 160 kW, 350 Nm, Location: Front
Battery: 77.4 kWh, Voltage: 800 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Location: Rear
Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT-Line S

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Curb weight: 4530.5 lb / 2055 kg
Electric motor #1: 165 kW @ 4500 - 7700 rpm, 350 Nm @ 4500 - 7700 rpm, Location: Rear
Electric motor #2: 74 kW @ 4500 - 7700 rpm, 255 Nm @ 4500 - 7700 rpm, Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT-Line

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Curb weight: 4497.43 lb / 2040 kg
Electric motor #1: 165 kW @ 4500 - 7700 rpm, 350 Nm @ 4500 - 7700 rpm, Location: Rear
Electric motor #2: 74 kW @ 4500 - 7700 rpm, 255 Nm @ 4500 - 7700 rpm, Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 BMW iX xDrive50

2022 BMW iX xDrive50

Doors: 5, Seats: 5
Length: 195.0 in / 4953 mm
Width: 77.4 in / 1967 mm
Height: 66.8 in / 1696 mm
Curb weight: 5379.28 lb / 2440 kg
Electric motor #1: 250 kW, 400 Nm, Location: Rear
Electric motor #2: 200 kW, 352 Nm, Location: Front
Battery: 111.5 kWh, Voltage: 330.3 V

2022 BMW i4 M50

2022 BMW i4 M50

Doors: 5, Seats: 5
Length: 188.3 in / 4783 mm
Width: 72.9 in / 1852 mm
Height: 57.0 in / 1448 mm
Curb weight: 5048.59 lb / 2290 kg
Electric motor #1: 230 kW @ 8000 - 17000 rpm, Location: Rear
Electric motor #2: 190 kW @ 8000 - 17000 rpm, Location: Front
Battery: 83.9 kWh, Voltage: 398.5 V

2022 Hyundai IONIQ 5

2022 Hyundai IONIQ 5 Long Range AWD

Doors: 5, Seats: 5
Length: 182.5 in / 4635 mm
Width: 74.4 in / 1890 mm
Height: 63.2 in / 1605 mm
Electric motor #1: 160 kW, 350 Nm, Location: Rear
Electric motor #2: 65 kW, Location: Front
Battery: 72.6 kWh, Voltage: 800 V

2022 Hyundai IONIQ 5

2022 Hyundai IONIQ 5 Long Range RWD

Doors: 5, Seats: 5
Length: 182.5 in / 4635 mm
Width: 74.4 in / 1890 mm
Height: 63.2 in / 1605 mm
Electric motor: 160 kW, 350 Nm, Location: Rear
Battery: 72.6 kWh, Voltage: 800 V

2022 Chevrolet Bolt EUV

2022 Chevrolet Bolt EUV Launch Edition

Doors: 5, Seats: 5
Length: 169.5 in / 4305 mm
Width: 69.7 in / 1770 mm
Height: 63.6 in / 1616 mm
Curb weight: 3679.52 lb / 1669 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EUV

2022 Chevrolet Bolt EUV Premier

Doors: 5, Seats: 5
Length: 169.5 in / 4305 mm
Width: 69.7 in / 1770 mm
Height: 63.6 in / 1616 mm
Curb weight: 3679.52 lb / 1669 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EV

2022 Chevrolet Bolt EV Launch Edition

Doors: 5, Seats: 5
Length: 163.2 in / 4145 mm
Width: 69.5 in / 1765 mm
Height: 63.4 in / 1611 mm
Curb weight: 3589.13 lb / 1628 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EV

2022 Chevrolet Bolt EV 2LT

Doors: 5, Seats: 5
Length: 163.2 in / 4145 mm
Width: 69.5 in / 1765 mm
Height: 63.4 in / 1611 mm
Curb weight: 3589.13 lb / 1628 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2021 Volkswagen ID.3

2021 Volkswagen ID.3 Pro S Tour

Doors: 5, Seats: 4
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.7 in / 1568 mm
Curb weight: 4263.74 lb / 1934 kg
Electric motor: 110 kW, 310 Nm, Location: Rear
Battery: 45 kWh, Voltage: 408 V

2021 Volkswagen ID.3

2021 Volkswagen ID.3 Pro Performance Max

Doors: 5, Seats: 5
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.7 in / 1568 mm
Curb weight: 3979.34 lb / 1805 kg
Electric motor: 150 kW, 310 Nm, Location: Rear
Battery: 58 kWh, Voltage: 408 V

2021 Opel Mokka-e

2021 Opel Mokka-e Launch Edition

Doors: 5, Seats: 5
Length: 163.4 in / 4151 mm
Width: 70.5 in / 1791 mm
Height: 60.3 in / 1532 mm
Electric motor: 100 kW, 260 Nm, Location: Front
Battery: 50 kWh