CATL still dominates the EV battery market share in 2024, but BYD is gaining ground
Baua Electric
JUNE 6, 2024
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. The company’s market share was up from 14.3%
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