Ningde Times continued to maintain its position as the world's largest battery manufacturer from January to May, but its share continued to decline, while BYD's share continued to increase.。

Contemporary New Energy Technology Co., Ltd. (CATL, SHE: 300750) continued to maintain its position as the world's largest battery manufacturer in January-May, but its share fell further.。BYD continues to rank second with increased share。

According to data released today by South Korean market research agency SNE Research, the total global electric vehicle (EV) battery consumption from January to May was 285.4 GWh, up from 232 in the same period last year.1 GWh growth 23.0%。|Join us on Telegram to receive news immediately

Ningde Times installed 107GWh of batteries in January-May, up from 81 in the same period last year..6GWh growth 31.1%。

China's power battery giant to 37.5% share continues to rank first in the world, and is the only battery supplier with a global market share of more than 30%。

This is up from 35% between January and May 2023..2% share, but down from 37% in the period January-April 2024.7% share。

BYD January-May power battery installed capacity of 44.9GWh, compared to 37 in the same period last year..0GWh Growth 21.1%。

The company spent 15 years in the January-May period..7% share ranked second, down from 16 in the same period last year..0%, but higher than 15% in the January-April period.4%。

BYD underperformed LG Energy Solution in the January-February period, but recaptured the South Korean company in the January-March period.。

LG Energy Solutions January-May power battery installed capacity of 35.9GWh, up 5 YoY.6%。

The South Korean company ranked third, with a market share of 12 in the January-May period..6%, down from 14% in the same period last year..7%, also lower than the Japanese market of 13%。From January to April。

South Korea SK On with 4.9% share ranked fourth, South Korea's Samsung SDI and Japan's Panasonic were 4.8% and 4.7% share ranked fifth and sixth。

It is worth noting that in the January-April ranking, the share of Samsung SDI is higher than that of SK On, which ranks fourth。

AVIC Lithium, Yiwei Energy, Guoxuan Gaoke and Xinwanda ranked seventh, eighth, ninth and tenth respectively, with shares of 4.5%, 2.4%, 2.3%, 2.1%.