On September 4, data released by market research agency SNE Research showed that

From January to July 2024, the total global registered battery usage of electric vehicles (EV, PHEV, HEV) was approximately 434.4GWh, an increase of 22.4% over the same period last year.

Among them, the top 10 companies are: CATL, BYD, LG New Energy, SK On, China Innovation Airlines, Samsung SDI, Panasonic, EVE Lithium Energy, Guoxuan Hi-Tech, and Xinwangda.

This can be seen from the image above. CATL's market share is as high as 37.6%, more than double that of the second place BYD, and the top position is indestructible.

The momentum of China Innovation Airlines is extremely strong. From January to June, the cumulative installed capacity was 16.7 GWh, ranking fifth behind SK On's 17.3 GWh. From January to July, it was still the fifth largest in the world, but its cumulative installed capacity reached 20.4 GWh, only 0.1 GWh behind SK On, which ranked fourth.

China Innovation Airlines' year-on-year growth rate was as high as 26.9%, while SK On's year-on-year growth rate was only 4.5%. It may only be a matter of time before China Innovation Airlines replaces SK On in fourth place in the world.

The power battery loading volume of the top 10 companies accounts for 91.1% of the global power battery loading volume. Of the 91.1%, 6 Chinese companies account for 65%!

It can be seen that.the global power battery has been a three-seven pattern, that is, among the global power batteries, seven have become made in China!

The three major battery companies in Korea, LG Energy Solution, SK On, and Samsung SDI, had a total installed capacity of 93.2 GWh, with a market share of 21.5%, down 3.1 percentage points from the same period last year.

Panasonic is the only Japan company to enter the global top 10 power battery loading volume, and the only company among the top 10 companies to see a decline in loading volume, down 25.4% year-on-year from January to July. Panasonic's market share from January to July was 4.3%, compared to 7.1% in the same period last year, that is, Panasonic's market share from January to July decreased by 2.8% from the same period last year.