Gotion High-tech

Global EV battery market share in Jan-Aug 2024: CATL 37.1%, BYD 16.4%

CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-August period, with the former seeing a slight decrease in share and the latter an increase.

China EV battery installations in Aug: CATL's share 44.46%, BYD 24.96%

CATL's share in August decreased by 2.84 percentage points from July, while BYD increased by 2.14 percentage points.

Global EV battery market share in Jan-Jul 2024: CATL 37.6%, BYD 16.1%

CATL and BYD continue to hold the top two spots as the world's largest battery makers in January-July, with several other Chinese companies in the top 10.

China EV battery installations in Jul: CATL's share 47.3%, BYD 22.83%

CATL's share increased by 2.24 percentage points in July compared to June, while BYD decreased by 2.49 percentage points.

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.

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.

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.

China EV battery installations in May: CATL's share 43.87%, BYD 28.97%

CATL's share of China's EV battery market declined further in May, while BYD continued to increase, as the latter's NEV sales grew further.

Gotion to build $1.3 billion EV battery plant in Morocco

The Moroccan government signed an investment agreement with Gotion for the gigafactory with initial battery capacity of 20 GWh.

Global EV battery market share in Jan-Apr 2024: CATL 37.7%, BYD 15.4%

CATL continued to be No. 1, but with a slight decrease in share from Jan-March. BYD remained in second place and increased its share.
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