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CATL, the little-known Chinese battery maker that has the US worried (www.theguardian.com)

submitted 8 months ago by schizoidman@lemmy.ml to c/technology@lemmy.ml

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[–] ikidd@lemmy.world 24 points 8 months ago (1 children)

Little known?

That's ridiculous. They pretty much control the LFP market.

[–] schizoidman@lemmy.ml 5 points 8 months ago (1 children)

In the first half of the year, BYD commanded a leading 43.7% share among vehicles running on LFP batteries, according to data from the China Automotive Battery Industry Innovation Alliance. In the months between January and November, BYD held a 41.1% market share, besting CATL's 33.9% share

https://archive.is/e4U1i

[–] ikidd@lemmy.world 1 points 8 months ago

That's still far from little known. If we're going by public perception, nobody knows wtf BYD is either. If we're going by industry knowledge, both are 300 lb gorillas. And I'm suspecting something wrong with that number, because CATL was the undisputed big boy in vehicle batteries a couple years ago.

https://web.archive.org/web/20231118144913/https://www.nytimes.com/2021/12/22/business/china-catl-electric-car-batteries.html