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In 2020, the global installed capacity of power batteries in electric vehicles will reach 137gwh, with a year-on-year growth of 17% From SNE Research

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The following is the In 2020, the global installed capacity of power batteries in electric vehicles will reach 137gwh, with a year-on-year growth of 17% From SNE Research recommended by recordtrend.com. And this article belongs to the classification: new energy, New energy vehicle industry.

A few days ago, according to the latest data of SNE research, a South Korean market research institution, the installed capacity of power batteries in electric vehicles in the world will reach 137gwh in 2020, a year-on-year increase of 17%. Among them, Ningde times has become the world’s largest power battery enterprise with an installed capacity of 34gwh, with a market share of 24.82%.

It is worth mentioning that this is also the fourth consecutive global champion of Ningde times since 2017.

From March to August 2020, LG new energy once caught up with Ningde era, but finally ranked second in the world with 31 GWH installed capacity, with a market share of 22.63%. It is reported that LG new energy, the former battery division of LG Chemical, has been separated and independent in December 2020.

Panasonic ranked third in the world with 25gwh installed capacity, with a market share of 18.25%; BYD (10gwh installed capacity), Samsung SDI (8gwh installed capacity), Korea ski (7gwh installed capacity), AESC (4gwh installed capacity), GuoXuan hi tech (3gwh installed capacity), AVIC lithium (3gwh installed capacity), and other enterprises (13gwh installed capacity) ranked fourth to ninth.

It is worth mentioning that in 2020, among the top 9 enterprises in the global installed capacity of power batteries in electric vehicles, Chinese enterprises account for 5 seats: Ningde times, BYD, AESC (Prospect energy), GuoXuan hi tech and AVIC lithium.  

Compared with 2019, the installed capacity of battery enterprises in South Korea has a significant growth. For example, SLI and SDI of South Korea have a year-on-year growth of 284% and 81% respectively, while Ningde era has a year-on-year growth of 2% and Panasonic has a year-on-year decline of 10.7%.

According to SNE analysis, from the data of 2020, the gap between LG new energy and Ningde era is very small, and LG new energy is a strong competitor for the top power battery in the world. Panasonic’s market share has dropped by 5.75 percentage points from 24% in 2019 due to delayed production expansion.

How competition drives innovation in electric vehicle battery market According to the survey, the enthusiasm of Chinese consumers for electric vehicles is much higher than that of European and American autolist: five main reasons why consumers don’t buy electric vehicles: driving electric: 1 / 3 of potential buyers of electric vehicles have a minimum expected mileage of 483km. Ningde times: it is estimated that the sales volume of electric vehicles in Europe will exceed that of Chinese EV sales in 2020: ranking of electric vehicle battery manufacturers in 2016 Panasonic shares up to 40% EV sales blog: as of November 2017, the global electric vehicle ownership has exceeded 3.3 million McKinsey: half of 2030 will be unmanned vehicles, nearly 70% will be electric vehicles EU Transport and Environment Federation: European electric vehicles 2019-20252017 Global Energy Overview: China has become the world’s largest electric vehicle market, the global battery industry will be dominated by China The market value will reach 240 billion US dollars IEA: global electric vehicle report in 2019 Japan electricity: the price of electric vehicles is expected to drop to 20% in 2030 El Boletin: the stock of electric vehicles in China is higher than that in the United States and the European Union combined

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