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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). China-based CATL, the world’s top supplier, expanded its market share from 32% in 2021 to 34% in 2022.

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BYD showcases 6 NEVs at IAA

Green Car Congress

China-based BYD unveiled a full spectrum of electric passenger cars at the Internationale Automobilausstellung (IAA) in Munich: five all-electric cars and a sixth new energy model, the DENZA D9, an exclusive European premiere of the premium BYD sub-brand, DENZA. The BYD SEAL utilises the 82.5 seconds depending on variant.

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CATL still dominates the EV battery market share in 2024, but BYD is gaining ground

Baua Electric

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in 2024. CATL still owns over a third of the market, but BYD looks to close the gap with new lower-priced EVs. of the market through April 2024. BYD ranked second with a 15.4%

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Look out LandCruiser, Patrol, Range Rover, Benz, BMW: Huge, powerful, pricey BYD Yangwang U8 SUV confirmed for Australia

EV Central

The outrageous BYD Yangwang U8 luxury SUV is headed for Australia. Local BYD importer Luke Todd has confirmed the deal is done and examples of the 880kW heavy duty off-roader could roll into local showrooms as soon as late 2025. 2024 BYD Seal U electric SUV appears as Australian launch looms 2023 Yangwang U8.

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BYD, Chinese EV makers account for +40% of German EV imports ahead of new tariffs

Baua Electric

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. in Germany through the first four months of 2024, their market share still increased. in Germany through the first four months of 2024, their market share still increased. 4, BYD is enjoying more of the “EU Premium” on EVs.

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BYD sees bigger profits on some EVs sold in the EU than in China, even with tariffs

Baua Electric

After the EU announced new tariffs on Chinese EV imports, BYD is subject to an additional 17.4% However, with BYD reportedly generating higher EV profits on models like the Seal U in the EU than in China, the EV leader is expected to overcome the impact. BYD announced it would enter the European car market in 2020.

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Tesla dominated European markets in 2023

Teslarati

Tesla dominated various European markets in 2023 as the company is evidently the main driver behind a continuous increase in electric vehicle market share on the continent. million vehicles Although it was outpaced in China by BYD, Tesla has nothing to hang its head about. million unit goal for the year. It was not very close.

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