EV Battery Market Expanded In September 2020 To 15.7 GWh

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by Kivi

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11.06.2020

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The EV battery market expands at a healthy rate, following the growing plug-in car market in Europe, and finally also in China.

SNE Research reports that in September some 15.7 GWh of EV battery shipment was counted globally, which is 55% more than a year ago.

The three top players – LG Chem, CATL and Panasonic – were responsible for 10.8 GWh or 69% of the total. As we can see on the chart below, LG Chem is not only #1 for the month, but it seems like it tripled its output.

Global EV Battery Shipment – September 2020:

  1. LG Chem – 3.8 GWh
  2. CATL – 3.6 GWh
  3. Panasonic – 3.4 GWh
  4. SK Innovation – 0.8 GWh
  5. Samsung SDI – 0.8 GWh
  6. BYD – 0.7 GWh
  7. CALB – 0.5 GWh
  8. FinDreams (BYD’s sub-brand) – 0.4 GWh
  9. Envision AESC – 0.4 GWh
  10. PEVE – 0.2 GWh
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Thanks to improving results in the past couple of months, the year-to-date EV battery shipment of 80.8 GWh almost matched the previous year (81.9 GWh).

Again, 54.8 GWh or 68% of the total comes from LG Chem, CATL and Panasonic.

Global EV Battery Shipment – YTD 2020:

  1. LG Chem – 19.9 GWh (more than doubled)
  2. CATL – 19.1 GWh (slightly down)
  3. Panasonic – 15.8 GWh (down)
  4. Samsung SDI – 5.0 GWh (up 67.5%)
  5. BYD – 4.5 GWh (halved)
  6. SK Innovation – 3.5 GWh (more than doubled)
  7. Envision AESC – 2.5 GWh (slightly down)
  8. CALB – 1.7 GWh (up)
  9. PEVE – 1.5 GWh (slightly down)
  10. Guoxuan – 1.4 GWh (down)

Total: 80.8 GWh (down 1.8% from 81.9 GWh)

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A quick look at the market share chart:

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