Chinese power battery giant CATL continued to lead the global electric vehicle battery market in November with a 40.9% share, as per CnEVPost. It is trailed by another Chinese EV and battery firm BYD with a 15.6% market share.
EV battery deployed worldwide – November
SNE Research’s latest data indicated that the EV battery installed in November 2022 increased by 170% year-on-year to 57.2 GWh.
| Rank | Company | Installed – November | Market Share -October | Market Share -November | YoY Growth |
| 1 | CATL | 23.4 GWh | 37.6% | 40.9% | 83.4% |
| 2 | BYD | 8.9 GWh | 16.2% | 15.6% | 147.6% |
| 3 | LG Energy Solution | 6.8 GWh | 11.9% | 28% | |
| 4 | Panasonic | – | – | 5.8% | – |
| 5 | Samsung SDI | – | – | 5.3% | – |
| 6 | SK On | – | – | 4.4 % | – |
| 7 | CALB | – | – | 3.6 | – |
| 8 | Gotion High-tech | – | – | 2.5 | – |
| 9 | Sunwoda | – | – | 1.8 | – |
| 10 | Eve Energy | – | – | 1.4 | – |
CATL’s EV battery deployment saw a YoY growth of 83.4% to 23.4 GWh in November. It led the market with a market share of 40.9%, representing an increase from the previous month’s 37.6% record.
EV and battery giant BYD secured the second spot with a 15.6% share, representing a decline from October’s 16.2% market share. It deployed 8.9 GWh in November, indicating a YoY growth of 147.6%.
LG Energy Solution’s installation saw a YoY increase of 28% to 6.8 GWh in November. It held the third-place position with an 11.9% market share.
Japan’s Panasonic in 4th place completes the top 5 with a 5.8% market share, and South Korea’s Samsung SDI in 5th place with a 5.3% market share.
Global EV battery market share – January to November
Between January and November 2022, EV battery firms deployed 446.0 GWh of electric car batteries worldwide. Remarkably, that number represents a YoY growth of 74.7%.
CATL led the industry with a market share of 37.1% and installed a power battery volume of 165.7 GWh from January to November. BYD ranked second with a 13.6% market share, followed by LG Energy Solution with a 12.3% share worldwide.
