CATL Ranked First in 2023 EV Battery Consumption Volume for 7 Years

According to SNE Research, global battery consumption surged to 705.5 GWh in 2023, marking a substantial 38.6% year-on-year increase. CATL emerged as the frontrunner, boasting a global battery consumption of 259.7 GWh, reflecting a remarkable 40.8% growth from 2022. Notably, its market share soared to 36.8%, surpassing the second-place contender by 21%. This remarkable achievement signifies CATL’s seventh consecutive year of dominance in the power battery market. With steadfast support from its partners across the global new energy industry chain, CATL has secured its position as the sole battery manufacturer with a market share exceeding 30%.

CATL, a renowned global leader in new energy innovation, witnessed significant advancements in both technology and product development in 2023. This included the mass production of Qilin batteries and the introduction of Shenxing superfast charging batteries to the market. Aligned with the prevailing trends in new energy vehicles (NEVs), CATL remains steadfast in its commitment to driving breakthroughs and innovations. By enhancing the competitiveness of its partners, CATL aims to propel the entire industry towards achieving high-quality development.

Empowering 11.67 million electric vehicles (EVs) across 64 countries and regions, CATL continues to champion the accessibility of clean energy for all.