06
2023
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05
China's installed capacity of power batteries ranks first in the world
According to the data released by South Korean market research company SNE Research, in the first quarter of this year, CATL ranked first with 35% of the global power battery market share, followed by BYD, whose global market share was 16.2%, and Chinese battery manufacturers' global power battery market share exceeded 50%. Industry insiders say that sales of new energy vehicles bottomed out in the first quarter and entered the second quarter. With the decline in raw material prices and the rebound in demand, power batteries are expected to enter the peak season.
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