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CATL faces MoM shrink in share by China’s Apr. power battery installed capacity

Monika From Gasgoo| May 11 , 2022 18:29 BJT

Shanghai (Gasgoo)- In April 2022, China's power battery outputs reached 29GWh, soaring 124.1% year on year, while dropping 26.1% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Of the power batteries produced last month, 10.3GWh and 18.6GWh were ternary-lithium batteries and lithium phosphate batteries, up 53.5% and 200.7% from the year-ago period respectively.

CATL faces MoM shrink in share by China’s Apr. power battery installed capacity

Photo credit: CATL

For the first four months of 2022, there was a total of 129.6GWh power batteries produced in China, representing a 183.5% year-on-year hike. The year-to-date outputs of ternary-lithium batteries and lithium phosphate batteries reached 48.3GWh (+97.2% YoY) and 81GWh (+283.1 YoY) respectively.

Data by the CAPBIIA show that the country's power battery installed capacity came at 13.3GWh in April, leaping 58.1% from the previous year, while sliding 38% from the previous month.

The cumulative installed capacity in the Jan.-Apr. period shot up 104.1% year over year to 64.5GWh. Notably, the year-to-date capacity of lithium phosphate batteries zoomed up 207.5% over the year-ago period to 38.7GWh.

CATL faces MoM shrink in share by China’s Apr. power battery installed capacity

Regarding April power battery installed capacity, the top 4 players were the same as that of the previous month, accounting for 82.56% of the country's total capacity. CATL still ranked highest by share of 38.28%, 12.21 percentage points fewer than that of March. BYD was still the runner-up, but its market share was only 6.1 percentage points lower than that of CATL.

CATL faces MoM shrink in share by China’s Apr. power battery installed capacity

With regard to the Jan.-Apr. power battery installed capacity, the top 10 battery makers made up 94.72% of the country's total volume. Of them, CATL, BYD, and CALB still topped others by holding up to 78.03% market share in total.

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