SNE Research: global EV battery usage for 2022

8 February 2023, 05:18:49

According to SNE Reasearch, the global battery usage for 2022 has been 518GWh - a 517.9% growth YoY. For this year, the research agency expects 749 GWh of batteries to be deployed in EVs, PHEVs, and HEVs.

Being a South Korean company, SNE Research pays special attention to the three local companies that are major players in the EV battery market - Samsung SDI, SK On, and LG Energy Solution. Their production is growing but the market share is slightly decreasing in 2022 compared to 2021. LGES is second in the market and the domestic leader. In 2021 it has deployed 59.4 GWh and in 2022 - 70.4 GWh. This is an increase by 18.5% but the market share of the company has fallen to 13.6% in 2022 compared to 19.7% in 2021. SK On is second in the domestic market and fifth globally. It has deployed 17.3 GWh in 2021 and 27.8 GWh in 2022 which is a 61.1% increase. Still, its market share has slightly decreased to 5.4% in 2022 from 5.7% in 2021. The third Sout Korean player is Samsung SDI which is also sixth in the global market. It has deployed 14.5 GWh of batteries in 2021 and 24.3 GWh in 2022 - an increase of 68.5%. Again, its market share decreases very slightly to 4.7% in 2022 from 4.8% in 2021.

The growth of the three domestic companies is mainly driven by sales of batteries for pure EVs. SK-On stood out for its sales of the Hyundai IONIQ 5, Kia EV6, and Ford F-150 Lightning. Samsung SDI supplies Audi e-Tron models, BMW i4, and BMW iX. LG Energy Solution Growth was driven by strong sales of the Tesla Model 3 and Model Y, Volkswagen ID.4, and Ford Mustang Mach-E.

The global market leader is CATL with 99.5 GWh deployed in 2021 and 191.6 GWh of batteries s deployed in 2022. That's a staggering increase of 92.5% YoY. The market share of the company has also increased from 33% to 37%. This growth is due to supplying Tesla Model 3 and Model Y, GAC Aion Y, and Geely ZZEKR 001. BYD, which is globally third, also records an impressive growth of 167.1% in batteries deployed - 26.4 GWh in 2021 and 70.4 GWh in 2022. Its market share has almost doubled from 8.7% to 13.6%. BYD's growth is due to supplying its own vehicles - YUan, Han, and Qin PLUS EV as well as other BEV and PHEV models in China. Panasonic is fourth with a 4.6% YoY growth in deployed batteries and a drop in market share from 12% to 7.3%.

The other players that form the first 10 in the EV batteries market are CALB, Guoxuan, Sunwoda, and Farasis. The latter supplies with batteries the Mercedes EQ models in Europe.Source

News related to SK On, Samsung SDI, LG, Samsung, CATL, BYD, Panasonic or Farasis

BYD has introduced the Atto 3 EVO to the European market, positioning the new model as a major technological leap over the standard Atto 3 and a showcase for the company's latest 800‑volt e‑Platform 3.0. The electric SUV arrives with a WLTP combined range of up to 510 km, rapid 220 kW DC charging, and a dramatic performance boost that places it among the quickest compact electric SUVs available. The Atto 3 EVO...

11 February 2026

CHANGAN Automobile, together with battery giant CATL, has unveiled the world's first mass‑production passenger vehicle powered by sodium‑ion batteries, marking a pivotal moment in the global transition to next‑generation energy storage. The announcement was made during the "CHANGAN SDA Intelligence Milestone Release & Sodium‑Ion Battery Global Strategy Launch," where the company confirmed that the new vehicle will...

9 February 2026

LG Energy Solution will assume full ownership of NextStar Energy after acquiring Stellantis’ 49 per cent stake in the joint venture, the companies announced today. The move marks a significant realignment in North America’s fast‑expanding battery supply chain and reinforces Canada’s position as a strategic hub for electric‑vehicle and energy‑storage manufacturing. Founded in 2022 by LG Energy Solution and...

6 February 2026

Samsung SDI has signed a memorandum of understanding with Korean automaker KG Mobility (KGM) to jointly develop next‑generation battery pack technologies centered on Samsung SDI’s 46‑series cylindrical cells, the companies announced this week. The agreement, formalised at a ceremony held at KG Tower, commits both firms to collaborative research and market strategy exchanges aimed at commercialising high‑capacity...

24 December 2025

BYD has already impressed the European market with the Dolphin Surf, a model praised for its balance of affordability and performance. Yet the company appears to have an even more aggressive contender in the pipeline. At the Japan Motor Show held three weeks ago, BYD unveiled the RACCO, its first all-electric K-CAR, designed specifically for Japan. However, industry observers speculate that the RACCO might also...

20 November 2025

CATL, the world's largest power battery manufacturer, has begun mass production of its fifth-generation lithium iron phosphate (LFP) batteries, marking a major step forward in energy density and cycle life. Robin Zeng, the company's founder, chairman, and CEO, announced the milestone at the 2025 World Power Battery Conference in Yibin, Sichuan, highlighting CATL's continued leadership in advancing battery...

12 November 2025

Since 2022, the BMW Group and Solid Power, Inc. have intensified their collaboration to develop all-solid-state battery technology, advancing through a technology transfer agreement that recently culminated in the integration of Solid Power's large-format pure ASSB cells into a BMW i7 technology test vehicle. In October 2025, Samsung SDI joined the effort, forming a three-way collaboration that combines the...

31 October 2025

South Korea's LG Chem has been selected to supply cathode materials for Panasonic's battery production in North America, according to industry sources. This marks LG Chem's first direct deal with Panasonic, whose primary customer in the region is Tesla. Previously, LG Chem supplied cathodes to Prime Planet Energy & Solutions, a joint venture between Toyota and Panasonic. Panasonic operates a Gigafactory in Nevada...

23 October 2025

CATL presented the Shenxing Pro battery at IAA Mobility 2025. This is the world's first LFP battery that can achieve a sustained high-voltage supply, maintain power, and prevent fire and smoke after thermal runaway. Equipped with CATL's proprietary NP 3.0 technology, this EV battery is available in two variants: Shenxing Pro Super Long Life & Long Range Battery: The world's first LFP battery to deliver a 758 km WLTP...

8 September 2025

BYD has announced prices for its most accessible SUV yet: the ATTO 2. Available in two trim levels – Boost and Comfort – prices start from £30,850 on-the-road for Boost, while Comfort starts at £34,950 on-the-road. The ATTO 2 is a smart and agile urban electric car, with no compromise on comfort and "big-car" features. Blended with its compact dimensions, the ATTO 2 comes highly equipped as standard, with items such...

25 August 2025

CATL unveiled three groundbreaking EV battery products at its inaugural Super Tech Day: The Freevoy Dual-Power Battery, Naxtra - the world's first mass-produced sodium-ion battery, and the second-generation Shenxing Superfast Charging Battery, as well as an integrated 24V start/stop Naxtra battery for heavy-duty trucks. The Freevoy Dual-Power Battery introduces a pioneering cross-chemistry system design that...

24 April 2025

Lucid Gravity Grand Touring will be powered by Panasonic Energy's lithium-ion EV battery cells. With an EPA-estimated range of up to 450 miles from a battery pack that is up to 40% smaller than competitors', the collaborative efforts between Panasonic and Lucid have helped deliver an SUV with a previously impossible combination of outstanding range, performance, and interior space. Enabled by Lucid’s revolutionary...

7 January 2025

CATL officially launched the CATL Bedrock Chassis, the world's first ultra-safe skateboard chassis. With its outstanding performance of withstanding 120 km/h frontal impact without catching fire or exploding, CATL's Bedrock Chassis sets a new standard for intelligent chassis safety, providing comprehensive protection across all scenarios and speed ranges. With the battery-centered design, CATL's Bedrock Chassis...

26 December 2024

Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Designed to be completely carbon neutral, the battery plant will be implemented in several phases and investment plans. Targeted to start production by end of 2026 at Stellantis’ Zaragoza, Spain...

10 December 2024