CATL's share increased by 2.24 percentage points in July compared to June, while BYD decreased by 2.49 percentage points.
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Category: Battery News
Global EV battery market share in H1 2024: CATL 37.8%, BYD 15.8%
CATL and BYD continued to hold the top two positions as the world's largest battery makers in the first half of 2024, both increasing their share slightly from January-May.
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China EV battery prices fall slightly in Jul as material costs continue to decline, says TrendForce
Demand for power batteries in China was steady overall in July, but battery material costs continued to fall, resulting in a slight downward trend in battery cell prices, TrendForce said.
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CATL invests in Autoflight as it targets emerging eVTOL sector
CATL invested hundreds of millions of dollars in Autoflight, the first known CATL investment in an eVTOL maker.
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CATL sees profit up in Q2, gross margin flat
CATL saw second-quarter profit rebound from the first quarter, while gross margin remained flat.
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CATL plans to raise $1.5 billion fund to build its global supply chain, report says
The offshore fund will help CATL finance the corporate ecosystem needed to expand production in Europe and other foreign markets, according to the Financial Times.
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China EV battery installations in Jun: CATL’s share 45.06%, BYD 25.32%
CATL's share increased by 1.19 percentage points in June compared to May, while BYD decreased by 3.65 percentage points.
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China battery prices face downward pressure as lithium prices continue to fall, says TrendForce
TrendForce expects battery cell prices to continue to face downward pressure at the beginning of the third quarter, with hopes for price stabilization resting on restocking demand under the peak season at the end of the third quarter.
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CATL launches commercial vehicle battery brand Tianxing and 2 battery packs
The Tianxing L-series battery packs have already been mass-produced and have been selected for 21 models from 13 automakers.
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Global EV battery market share in Jan-May 2024: CATL 37.5%, BYD 15.7%
CATL continues to be the world's largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share.
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