From January to November, the installed capacity of power batteries was released, and the Ningde era ranked first with a market share of 31.8%.

IT Home December 29 news, South Korean market research institute SNE Research released data show that from January to November this year, CATL still maintained the dominant position in the electric vehicle battery market. CATL ranked first with a market share of 31.8%, 10 percentage points higher than the second place LG Energy Solutions.

IT Home understands that the second place is South Korea's LG Energy Solutions, with a market share of 21%. BYD ranks fourth with a 9% market share.

SNE Research noted that from January to November this year, Chinese companies led the growth of the electric vehicle battery market, including pure electric vehicles, plug-in hybrid vehicles and hybrid vehicles. Compared with the same period last year, CATL and BYD increased by 180% and 192% respectively.

According to the survey, the current top 10 power battery manufacturers in the world are: CATL, LG, Panasonic, BYD, SKI, Samsung SDI, Zhongxin Airlines (AVIC Lithium Battery), Guoxuan Hi-Tech, Envision Power, and Hive Energy.