Directory profiles · Battery Business Directory
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Cell & Pack Manufacturing
Cell & Pack Manufacturers’ Market Share In 2023
Cell & Pack Manufacturers’ Market Share In 2023
CATL Leads Market Share Amongst Global Battery Cell Manufacturers 36.7% 15.8% 13.8% 6.8% 5.1% 4.7% 4.6% 2.4% 2.1% 1.4% Others
Source: SNE Research, CATL Market Dominance
CATL’s Position Overseas Offset Tougher Competition in China CATL’s strengthened position in markets outside China will mitigate risks from intensifying competition and automakers’ integration efforts in the domestic market, while its technological leadership and strong cost control limit the impact of the downward trend in battery prices, according analysis conducted by Fitch Ratings. Fitch expects CATL to generate sufficient operating cash flow to support its investments in technology innovation, global capacity construction and expansion into new businesses, which should reinforce its strong market position as China’s largest independent battery supplier and the global market leader.
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