Korean media: China dominates the global battery market, six companies enter the top ten!
On December 1, the Korean media outlet "NEWSPIM" published an article stating that China is leading the global electric vehicle battery market. Despite the fact that the world's second-largest automotive market, the United States, has banned Chinese batteries from entering its market, Chinese companies have actually dominated the global battery market.
According to data from SNE Research, in the third quarter of this year, Contemporary Amperex Technology Co., Limited (CATL) ranked first among global electric vehicle battery manufacturers with a market share of 36.6%. BYD ranked second with a market share of 17.9%. China's CALB (Chongqing Zhongyuan Innovation Aviation) ranked fourth with a market share of 4.8%, and Gotion High-tech ranked seventh with a market share of 3.7%. Among the top ten companies globally, six are Chinese companies, three are South Korean companies, and one is a Japanese company. The combined market share of these six Chinese companies reached as high as 68.2%.
Chinese companies also hold a significant share in the overseas market. CATL ranked first with a market share of 28.5%, followed closely by BYD, which ranked fifth with a market share of 7.6%. The combined market share of Chinese companies reached 42.1%.
In addition to Chinese companies' significant position in the finished battery market, China also dominates the global battery supply chain.
The Wall Street Journal pointed out that even if the production location of batteries is not in China, upon in-depth analysis of their internal composition, it is still possible to see a large amount of Chinese raw materials used. Data from battery information provider BMI shows that 79% of the positive electrode materials and 92% of the negative electrode materials for global batteries are produced in China. In addition, China supplies 63% of the refined lithium, 80% of the refined cobalt, and 98% of the refined graphite globally.
All-solid-state batteries are gradually becoming the "ideal battery" in people's eyes. China has also made significant progress in the field of all-solid-state batteries. As next-generation battery technology, all-solid-state batteries are receiving much attention. Some people even predict that, following China's leading position in the lithium-ion battery market for cars, China will also dominate the all-solid-state battery market.
Chinese battery companies are focusing their efforts on the development of all-solid-state batteries. CATL recently announced its roadmap for all-solid-state battery development. CATL plans to produce prototypes of all-solid-state batteries by 2027 and start mass production by 2030. China's second-largest battery manufacturer, BYD, has also announced similar R&D plans.
Original article: toutiao.com/article/1850293513894921/
Statement: This article represents the views of the author.