For the full year of 2024, CATL ranked first with a 45.08 percent share, BYD was second with 24.74 percent, and CALB was third with 6.68 percent.
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Category: LFP Batteries
China's EV battery installations were 67.2 GWh in November, up 49.7 percent year-on-year and up 13.5 percent from October.
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In October, China's power battery installations amounted to 59.2 GWh, up 51 percent year-on-year and up 8.6 percent from September.
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CATL and BYD both saw their share of the Chinese EV battery market decrease slightly in September, as smaller players, including Gotion High-tech, gained share.
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CATL's share in August decreased by 2.84 percentage points from July, while BYD increased by 2.14 percentage points.
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CATL's share increased by 2.24 percentage points in July compared to June, while BYD decreased by 2.49 percentage points.
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CATL's share increased by 1.19 percentage points in June compared to May, while BYD decreased by 3.65 percentage points.
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CATL's share of China's EV battery market declined further in May, while BYD continued to increase, as the latter's NEV sales grew further.
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CATL's share in April decreased by 0.22 percentage points from March, while BYD's increased by 1.58 percentage points.
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CATL's share in March decreased by 10.29 percentage points from February, while BYD increased by 9.04 percentage points.
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