CATL, BYD, and Other Chinese Power Battery Makers Compete in European Market

(Source: CATL)

In August 2022, the global installed power battery capacity was 45.7 GWh, up 90.3% year-on-year, according to statistics released by South Korean market research institution SNE Research on October 6. Of the top ten companies, six were from China, including CATL, CALB, Gotion Hi-Tech, Sunwoda and SVOLT, with a total market share of 58.1%. …