According to the latest data provided by energy market research firm SNE Research, global sales of electric vehicles (pure electric vehicles, plug-in hybrid electric vehicles) in the first half of this year were 4.35 million, an increase of 65% compared to 2021.
The rapid growth of the electric vehicle industry has also seen the rapid development of the battery industry. In the first half of this year, global electric car battery sales reached 59 trillion won (about 42.8 billion US dollars), of which LG New Energy, SK On, and Samsung SDI were three Korean companies that accounted for 26% of sales.
In terms of global market share, The Chinese company, CATL (30%), ranks first in global market share, followed by LG New Energy (14%). China's BYD (9%), South Korea's Samsung SDI (7%), Panasonic (5%), and SK Innovation (5%) complete the top six.
Here are the global market shares of the top 10 EV battery manufacturers in the first half of 2022:
Global Market Share of Top 10 EV Battery Manufacturers (2022 First Half-Year)
Additionally, according to data previously released by SNE Research, from January to July 2022, the total installed capacity of electric vehicle batteries global was 240.8 GWh, an increase of 76.0% year on year. Among them, in July, the total installed capacity of EV batteries reached 39.7 GWh, an increase of more than 80%, and the top three manufacturers were CATL, BYD, and LG Energy Solution.