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 Chem Poland receives a €480 million loan from the European Investment Bank

LG Chem Wroclaw Energy will receive a €480 million loan from the European Investment Bank (EIB). The money will be used for the construction and operation of highly automated and innovative manufacturing facilities for advanced lithium-ion cells and batteries for battery-powered electric vehicles (BEVs). The EIB financing will cover around a third of the total project costs, estimated at €1.5 billion. The remainder...

26 March 2020

Audi reportedly will build an EV batteries assembly plant in Ingolstadt, Germany

South Korean news outlet The Guru reports that according to industry sources, Audi is prepping a battery assembly plant near its production facility in Ingolstadt, Bavaria, Germany. In February, Audi had to pause the production of the e-tron due to battery supply shortages. With its ambitious plan to invest 12 billion euros i in developing electric vehicle lineups, battery supply must be overcome as a bottleneck. By...

25 March 2020

LG Chem expands Poland plant productivity by 70%

According to the latest reports from South Korea, LG Chem has introduced a production process that can increase the production of EV batteries. The new process increases the capacity of the equipment for battery materials. Along with the wide-range and high-speed technologies used in the assembly process, it is expected to help significantly in enhancing battery productivity. According to industry reports from...

25 March 2020

LG Chem has purchased a Turkish plant in Poland for EV batteries production

LG Chem has announced that it has purchased a plant in Poland that belonged to the Turkish TV brand Vestel. The deal for acquiring the television assembly factory was for US$31.4 million and the site will be restructured for EV batteries production. It is near the already existing LG Chem plant for EV batteries in Wroclaw, Poland. The factory covers an area of ​​223,000 square meters and is expected to create...

3 March 2020

Only 5 EV battery suppliers account for 78% of the global cobalt demand in 2019

Adamas Intelligence reports that in 2019, over 14,400 tonnes of cobalt were deployed globally in batteries of newly sold passenger BEVs, PHEVs, and HEVs. This is a 34% YoY increase. CATL has the largest portion of the pie - 21% LG Chem is second with 20%, Panasonic comes third with 17%. The fourth and fifth place are taken by BYD and Samsung SDI with 11% and 9%, respectively.

28 February 2020

Rivian and Samsung SDI are probably in talks for EV battery supply

Korea Herald reports that according to industry sources, Rivian is in talks with Samsung SDI for battery supply. This has been made as a conclusion after high-ranking officials of the two companies recently held a meeting that's supposed to conclude the deal. When asked to comment, an official at Samsung SDI said: "The company can’t reveal any details related to its customer." Three days ago, Lucid announced that it...

27 February 2020

LG Chem will supply batteries to Lucid Motors

The standard versions of Lucid Air will use LG Chem batteries. That was announced earlier by Lucid Motors. Under the agreement, the Korean giant will supply battery cells to Lucid up to 2023. "The agreement with LG Chem puts Lucid on the best possible path to production for the Lucid Air, ensuring the necessary energy density and cell availability to fulfill our promise of class-leading range to consumers," said CEO...

24 February 2020

Samsung SDI and Glencore sign a 5-year contract for cobalt supply

Samsung SDI and Glencore have signed an agreement for a cobalt hydroxide supply according to which Glencore will provide up to 21,000 tonnes of cobalt contained in cobalt hydroxide between 2020 and 2024. The raw material will be sourced from Glencore's DRC site and both companies are committed to ensuring the ethical and responsible production and procurement of cobalt. Both parties agree that Glencore's DRC...

10 February 2020

Toyota and Panasonic established a JV for the production of EV batteries

Toyota and Panasonic have announced the establishing a 51:49 joint-venture which will focus on the development, manufacture, and sales of automotive prismatic batteries, solid-state batteries and other types of next-generation batteries. This happens a year after the two companies agreed on establishing such a JV. The JV will be named Prime Planet Energy & Solutions, Inc. and will start operation on April 1, 2020...

3 February 2020

LG Chem will begin mass production of EV batteries with a 6 μm copper foil for increased energy density

South Korean media report that LG Chem has succeeded in upgrading its EV battery production process. The upgrade is the applying of an ultra-thin (6 μm) copper foil used as a current collector of a battery negative electrode. This new foil has been proven to work successfully for a year and mass production is being prepared at the LG Chem Nanjing plant in China. Up to now, LG Chem was using 7-15 μm foils for its EV...

29 January 2020

Volkswagen to buy 20% of Guoxuan - an EV batteries manufacturer in China

Reuters cites two sources who shared that Volkswagen intends to buy 20% of Guoxuan High-tech Co. Ltd. - a Chinese manufacturer of EV batteries. This will happen in the coming weeks via a discounted private share placement. Reuters estimates that Volkswagen's 20% share will be worth around $560 million is based on the $2.8 billion market capitalization of Guoxuan. Thus it will become the second-largest stakeholder in...

17 January 2020

SK Innovation expands its investment in its Georgia, US battery plant

At the end of 2018, SK Innovation decided to build a 9.8GWh/year EV battery plant in Commerce, Jackson County, Georgia. After the groundbreaking ceremony in March last year, the plant, which is under construction will be completed in the second half of 2021 and will be ready for mass deliveries in early 2022. Due to the rapidly growing US market, SK Innovation is considering to expand its investment in stages. The...

16 January 2020

General Motors is in the process of purchasing a site in Lordstown, OH for its EV battery plant

In early December 2019, LG Chem and General Motors announced their plans to build an EV battery plant in the Lordstown area of Northeast Ohio. Now various Detroit media report that General Motors is in the process of purchasing a plot of land. The company has said that has made an agreement to purchase a 158-acre plot in Trumbull County. Actually, it used to own it but had to give it up after its 2009 bankruptcy...

16 January 2020

LG Chem will use equipment from Lead China for cylindrical batteries that might be used in Tesla cars

According to industry insiders, LG Chem will source winding and stacking process equipment from Lead China for its Nanjing battery plant. These are used for cylindrical and pouch type battery production lines. The deal has been confirmed by both companies. Winding equipment is used to roll up cathode materials, separators, etc. in what is called a jelly roll. The jelly roll is put into a metal cylindrical case to...

4 January 2020

EV Specifications

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

AudiBMWBytonChevrolete.GOFIATFordHondaHyundaiJaguarKIAMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartTeslaVolkswagenVolvo

Featured

Specifications of some of the most interesting and anticipated EVs.

2020 KIA e-Niro

2020 KIA e-Niro 4

Doors: 5, Seats: 5
Length: 172.2 in / 4375 mm
Width: 71.1 in / 1805 mm
Height: 61.4 in / 1560 mm
Curb weight: 3994.78 lb / 1812 kg
Electric motor: 150 kW @ 3800 - 8000 rpm, 395 Nm, Location: Front
Battery: 64 kWh, Voltage: 356 V

2022 Tesla Cybertruck

2022 Tesla Cybertruck Tri Motor AWD

Doors: 4, Seats: 6
Length: 231.7 in / 5885 mm
Width: 79.8 in / 2027 mm
Height: 75.0 in / 1905 mm
Location: Rear
Location: Front

2021 Ford Mustang Mach-E

2021 Ford Mustang Mach-E GT Performance Edition

Doors: 4, Seats: 5
Length: 186.0 in / 4724 mm
Width: 74.0 in / 1880 mm
Height: 63.0 in / 1600 mm
Location: Rear
Location: Front
Battery: 98.8 kWh

2021 Ford Mustang Mach-E

2021 Ford Mustang Mach-E First Edition

Doors: 4, Seats: 5
Length: 186.0 in / 4724 mm
Width: 74.0 in / 1880 mm
Height: 63.0 in / 1600 mm
Battery: 98.8 kWh

2020 Tesla Model X

2020 Tesla Model X Performance (SR)

Doors: 4, Seats: 5 / 6 / 7
Length: 198.3 in / 5037 mm
Width: 78.7 in / 1999 mm
Height: 66.0 in / 1676 mm
Curb weight: 5740.84 lb / 2604 kg
Electric motor #1: 375 kW @ 6150 rpm, 660 Nm, Location: Rear
Electric motor #2: 193 kW @ 6100 - 6800 rpm, 330 Nm, Location: Front
Battery: 100 kWh, Voltage: 350 V

2020 Tesla Model S

2020 Tesla Model S Performance (SR)

Doors: 4, Seats: 5
Length: 196.0 in / 4978 mm
Width: 77.3 in / 1963 mm
Height: 56.5 in / 1435 mm
Curb weight: 4940.56 lb / 2241 kg
Electric motor #1: 375 kW @ 5900 rpm, 650 Nm, Location: Rear
Electric motor #2: 193 kW @ 6100 rpm, 330 Nm, Location: Front
Battery: 100 kWh, Voltage: 400 V

2020 Tesla Model 3

2020 Tesla Model 3 Performance AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4100.6 lb / 1860 kg
Electric motor #1: 211 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front
Battery: 79.5 kWh, Voltage: 360 V

2020 MINI Cooper SE

2020 MINI Cooper SE Level III

Doors: 3, Seats: 4
Length: 151.4 in / 3845 mm
Width: 68.0 in / 1727 mm
Height: 56.4 in / 1432 mm
Curb weight: 3009.31 lb / 1365 kg
Electric motor: 135 kW, 270 Nm @ 100 - 1000 rpm, Location: Front
Battery: 32.6 kWh, Voltage: 350.4 V

2020 Polestar 2

2020 Polestar 2 Performance Package

Doors: 5, Seats: 5
Length: 181.4 in / 4607 mm
Height: 58.2 in / 1478 mm
Location: Rear
Location: Front
Battery: 78 kWh

2019 NIO ES6

2019 NIO ES6 Performance 84 kWh

Doors: 5, Seats: 5
Length: 190.9 in / 4850 mm
Width: 77.4 in / 1965 mm
Height: 68.1 in / 1731 mm
Electric motor #1: 240 kW, 420 Nm, Location: Rear
Electric motor #2: 160 kW, 305 Nm, Location: Front
Battery: 84 kWh

2020 Tesla Model Y

2020 Tesla Model Y Performance AWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4415.86 lb / 2003 kg
Electric motor #1: 211 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front

2020 Tesla Model Y

2020 Tesla Model Y Long Range AWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4415.86 lb / 2003 kg
Electric motor #1: 211 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front

2020 Tesla Model Y

2020 Tesla Model Y Long Range RWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Location: Rear

2020 Opel Corsa-e

2020 Opel Corsa-e First Edition

Doors: 5, Seats: 5
Length: 159.8 in / 4060 mm
Height: 56.5 in / 1435 mm
Curb weight: 3373.07 lb / 1530 kg
Electric motor: 100 kW, 260 Nm, Location: Front
Battery: 50 kWh

2020 Volkswagen ID.3

2020 Volkswagen ID.3 Pro S

Doors: 5, Seats: 5
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.1 in / 1552 mm
Electric motor: 150 kW, 310 Nm, Location: Rear
Battery: 77 kWh, Voltage: 408 V

2020 Volkswagen ID.3 1st

2020 Volkswagen ID.3 1st Max

Doors: 5, Seats: 5
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.1 in / 1552 mm
Curb weight: 3637.63 lb / 1650 kg
Electric motor: 150 kW, 310 Nm, Location: Rear
Battery: 58 kWh

2020 Porsche Taycan

2020 Porsche Taycan Turbo S

Doors: 4, Seats: 4
Length: 195.4 in / 4963 mm
Height: 54.3 in / 1378 mm
Curb weight: 5059.61 lb / 2295 kg
Electric motor #1: 160 kW, 300 Nm, Location: Front
Electric motor #2: 300 kW, Location: Rear
Battery: 93.4 kWh, Voltage: 800 V

2020 Porsche Taycan

2020 Porsche Taycan Turbo

Doors: 4, Seats: 4
Length: 195.4 in / 4963 mm
Height: 54.4 in / 1381 mm
Curb weight: 5081.66 lb / 2305 kg
Electric motor #1: 160 kW, 300 Nm, Location: Front
Electric motor #2: 300 kW, Location: Rear
Battery: 93.4 kWh, Voltage: 800 V