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Home / Metal News / Global Installed Capacity Of Batteries For Electric Vehicles Soared During January-October, With CATL Dominating

Global Installed Capacity Of Batteries For Electric Vehicles Soared During January-October, With CATL Dominating

Dec 6, 2023 16:15

Data released by South Korean market research organization SNE Research on December 6 shows that from January to October this year, the installed capacity of batteries for electric vehicles (electric, plug-in hybrid, hybrid) registered globally totaled 552.2 gigawatt hours (GWh), a year-on-year increase of 44%.

Data released by South Korean market research organization SNE Research on December 6 shows that from January to October this year, the installed capacity of batteries for electric vehicles (electric, plug-in hybrid, hybrid) registered globally totaled 552.2 gigawatt hours (GWh), a year-on-year increase of 44%. In the first 10 months of 2023, CATL’s power battery installation volume increased by 51.1% year-on-year, ranking first in market share.

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