{"id":34605,"date":"2024-06-21T05:20:00","date_gmt":"2024-06-21T10:20:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=34605"},"modified":"2024-06-20T16:08:06","modified_gmt":"2024-06-20T21:08:06","slug":"byd-and-catl-lead-battery-market","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/byd-and-catl-lead-battery-market\/","title":{"rendered":"BYD and CATL Lead Battery Market"},"content":{"rendered":"\n
BYD <\/strong>continues its vertiginous ascent in the electromobility market. While CATL <\/strong>remains at the forefront as the leading battery manufacturer, BYD is experiencing steady growth.<\/p>\n\n\n\n CATL is at the top of the podium<\/strong> with global EV battery consumption of 216.2 GWh<\/strong>, during the first four months of this year, up 21.8% year-on-year (177.6% GWh).<\/strong><\/p>\n\n\n\n In 2023, CATL achieved a share of 81.1 GWh installed<\/strong>, up 30% year-on-year (62.6 GWh). Through April, CATL captured 37.7% of the market.<\/p>\n\n\n\n CATL’s client list is extensive and includes big-name companies such as Tesla, BMW, Mercedes-Benz or Volkswagen.<\/strong><\/p>\n\n\n\n Such is the demand that CATL is planning to build two new plants outside China<\/strong> (one of them in Spain), adding to the six it already has planned outside the country, located in: Germany, Thailand, Hungary, Hungary, Indonesia and two in the United States (one with Ford and one with Tesla).<\/p>\n\n\n\nUpcoming Projects<\/strong><\/h2>\n\n\n\n