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Nov 03, 2022

The global market share of the Korean power battery in the first nine months of this year is 25.2%

On November 3rd, the data released by the energy market research institution SNE Research showed that the global market share of three Korean automobile battery manufacturers in the first nine months of this year decreased by 7%year -on -year, but the installed capacity achieved double -digit growth.


Data show that from January to September this year, the total amount of power battery vehicles registered around the world was 341.3 GWH (GWH), an increase of 75.2%year -on -year. Among them, the sum of the global market share of the three Korean companies of LG New Energy, SK ON and Samsung SDI decreased by 7.3 percentage points to 25.2%.


During the same period, the battery loading volume of the three Korean companies continued to grow. The total amount of LG's new energy loading increased by 14.1%year -on -year, ranking second with 48.1 Gavacan; SK On increased by 92%year -on -year to 21.2 Gavaco, ranking fifth; 16.6 GwaThta, ranked sixth.


In terms of market share, SK ON's global market share rose by 0.5 percentage points to 6.2%year -on -year. The global market share of LG new energy and Samsung SDI was 14.1%and 4.9%, respectively, a year -on -year decrease of 7.5 percentage points and 0.3 percentage points. As a result, the global market share of the three Korean companies decreased by 7.3 percentage points to 25.2%year -on -year.


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