Korean battery majors' global share sinks further amid fast rise of Chinese competition
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
According to energy market watcher SNE Research on Tuesday, South Korean battery makers were behind 52.4 GWh of 203.4 GWh power capacity in electric vehicles on the roads worldwide in the January-June period to make up 25.8 percent, off from 34.9 percent a year ago.
LG Energy Solution kept to No.2 but its market share sank to 14.4 percent as of June from 23.8 percent a year ago. SK on, ranked fifth, saw its share pushed up to 6.5 percent from 5.8 percent.
Samsung SDI trailed behind at sixth, falling 0.9 percentage points from a year earlier to 4.9 percent.
Chinese battery firms such as CATL, on the other hand, recorded three-digit growths in share amid fast expansion in the Chinese EV market. The No.1 battery maker CATL’s market share gained 6.2 percentage points to 34.8 percent, and BYD, ranked third, rose 5 percentage points to 11.8 percent.
Panasonic - the only Japanese company to be included in the top 10 - also lost 5.4 percentage points from the previous year to 9.6 percent to make fourth.
In June, battery usage of registered global electric vehicles amounted to 45.2 GWh, surging 70 percent and continuing its growth streak. LG Energy Solution ranked second in terms of market share for battery usage with 16 percent, SK on fifth with 5.3 percent, and Samsung SDI sixth with 4.8 percent. CATL came in first with a 36 percent market share.
“The electric vehicle market is showing steady growth, especially in China, for the 24th month despite Covid-19,” said SNE Research. The three Korean battery giants must come up with a strategy to take advantage of the continuously growing Chinese market, the market watcher added.
[ⓒ Maeil Business Newspaper & mk.co.kr, All rights reserved]
Copyright © 매일경제 & mk.co.kr. 무단 전재, 재배포 및 AI학습 이용 금지
- Air cargo boom wanes, boding badly for second-half outlook for Korean airliners - Pulse by Maeil Business News Korea
- Korean battery majors’ global share further sinks amid fast rise of Chinese competition - Pulse by Maeil Business News Korea
- Among Korean groups, Kakao adds 8 units and LG sheds 12 in May-July - Pulse by Maeil Business News Korea
- Kospi set for a bear market rally throughout August: brokerages - Pulse by Maeil Business News Korea
- Fund migration to banks picks up after BOK’s 50bp rate hike - Pulse by Maeil Business News Korea
- 강경준, 상간남 피소…사랑꾼 이미지 타격 [MK픽] - 스타투데이
- 기술이전 2건에 1조2천억…‘면역’의 마술사 [CEO LOUNG]
- 방탄소년단 진, ‘2024 파리 올림픽’ 성화 봉송 주자되다...열일 행보 - MK스포츠
- 이찬원, 이태원 참사에 "노래 못해요" 했다가 봉변 당했다 - 스타투데이
- 양희은·양희경 자매, 오늘(4일) 모친상 - 스타투데이