The EV battery market expands at a wholesome charge, following the rising plug-in automotive market in Europe, and at last additionally in China.
SNE Analysis stories that in September some 15.7 GWh of EV battery cargo was counted globally, which is 55% greater than a yr in the past.
The three high gamers – LG Chem, CATL and Panasonic – had been chargeable for 10.8 GWh or 69% of the whole. As we are able to see on the chart under, LG Chem will not be solely #1 for the month, however it looks as if it tripled its output.
World EV Battery Cargo – September 2020:
- LG Chem – 3.8 GWh
- CATL – 3.6 GWh
- Panasonic – 3.4 GWh
- SK Innovation – 0.8 GWh
- Samsung SDI – 0.8 GWh
- BYD – 0.7 GWh
- CALB – 0.5 GWh
- FinDreams (BYD’s sub-brand) – 0.4 GWh
- Envision AESC – 0.4 GWh
- PEVE – 0.2 GWh
Because of bettering outcomes prior to now couple of months, the year-to-date EV battery cargo of 80.8 GWh virtually matched the earlier yr (81.9 GWh).
Once more, 54.8 GWh or 68% of the whole comes from LG Chem, CATL and Panasonic.
World EV Battery Cargo – YTD 2020:
- LG Chem – 19.9 GWh (greater than doubled)
- CATL – 19.1 GWh (barely down)
- Panasonic – 15.8 GWh (down)
- Samsung SDI – 5.0 GWh (up 67.5%)
- BYD – 4.5 GWh (halved)
- SK Innovation – 3.5 GWh (greater than doubled)
- Envision AESC – 2.5 GWh (barely down)
- CALB – 1.7 GWh (up)
- PEVE – 1.5 GWh (barely down)
- Guoxuan – 1.4 GWh (down)
Complete: 80.8 GWh (down 1.8% from 81.9 GWh)
A fast have a look at the market share chart:
