In the first two months of this year, the global demand for power batteries has increased significantly, and the market share of CATL has further increased

The latest report from market research firm SNE Research shows that in the first two months of this year, the global battery usage of pure electric vehicles was 53.5GWh (gigawatt hours), more than doubling in one year. CATL continues to rank first in terms of market share. The company's battery usage and market share in the first two months of this year were 18.4 GWh and 34.4%, respectively. LG Energy Solution continued to hold the second market share, with a battery usage of 7.4GWh, an increase of 37.6% from a year ago, but its market share fell from 20.7% to 13.8%. BYD beat Panasonic to take third place with 11.9% market share.