[‘\n’, Global Usage 158.8GWh…Up 22.0% from the Previous Year, ‘In the first quarter, the market share of electric vehicle batteries for the three major Korean battery companies decreased by 2.8 percentage points from the same period last year to 23.5%.’,
,
, ‘According to the 1st-3rd quarter global electric vehicle battery usage report released by SNE Research on the 7th, the total battery usage for electric vehicles (EV, PHEV, HEV) registered in 80 countries around the world amounted to approximately 158.8GWh, an increase of 22.0% compared to the same period last year.’,
,
,
Trend in Market Share of Top 6 Battery Companies Worldwide (Provided by SNE Research),
,
, ‘LG Energy Solution (21.7GWh) ranked 3rd with a 7.8% growth from the previous year. Samsung SDI (8.4GWh) recorded the highest growth rate among the three domestic companies at 36.3%, while SK On (7.3GWh) experienced a decline of 8.3%.’,
,
, ‘LG Energy Solution attributed its growth to the increasing sales volumes of popular vehicles such as Tesla Model 3 · Y, Ford Mustang Mach-E, and Hyundai Ioniq 6 in Europe and North America. The report analyzed that the increase in production at the Ultium Cells 2 plant, the upcoming launch of GM’s new car with the Ultium platform, and the supply of Samwon battery meeting the IRA will lead the North American market.’,
,
, ‘Samsung SDI continued its high growth trend in Europe with strong sales of BMW i4 · 5 · X, Audi Q8 e-Tron, and PHEVs, while achieving high sales volumes of Rivian R1T · R1S in North America. Focusing on the premium electric vehicle battery market for BEV and PHEV, Samsung SDI was the only one of the three companies to show stable profitability.’,
,
, ‘SK On recorded a growth in sales of Ford F-150 in North America, but saw a decline in sales volumes of Hyundai Ioniq 5 and Kia EV6 in other regions, leading to negative growth. The report identified the steady sales volumes of the Mercedes EQ lineup and the global expansion of Kia EV9’s sales as positive factors.’,
,
, ‘The top two market shares were held by Chinese companies CATL (60.1GWh) and BYD (22.7GWh).’,
,
, “CATL recorded a growth rate of 31.9% from the previous year. As the largest electric vehicle market in the world, CATL achieved a market share of over 30% by supplying batteries to major finished car companies such as ‘ZEEKR’ and ‘Ideal’ in the domestic Chinese market as well as Tesla Model 3 · Y, BMW iX, Mercedes EQ series, and Volkswagen ID series globally.”,
,
, ‘Contrary to the sharp decline in electric vehicle sales due to the Lunar New Year holiday last month, BYD showed high sales volumes in March. By actively operating local factories in Thailand, BYD is rapidly expanding its global market share beyond China.’,
,
, ‘Panasonic of Japan ranked 4th with a battery usage of 9.3GWh, showing a decline of 12.6% from the previous year. Panasonic, a major battery supplier for Tesla, is expected to expand its market share, especially focused around Tesla, with the release of 2170 and 4680 cells in the future.’,
,
, ‘The report stated, “With electric vehicle sales falling short of expectations in Europe and the United States, the market share of the three Korean battery companies also decreased,” and forecasted, “In the second half of the year, as new models are released in less competitive markets such as the United States and Europe, and joint ventures of domestic battery companies are planned in the high-growth expected United States, uncertainties are expected to be gradually resolved.”‘,
,
, ‘\n’]