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Insight

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Global EV Battery Installation in May 2022

 

CATL continued its lead in battery usage rankings for global electric vehicles (BEV, PHEV, HEV) sold in May 2022. LG Energy Solution took third place and SK On is strengthening its annual cumulative 5th position. 

 

In May 2022, the total amount of battery energy for electric vehicles registered in countries around the world was 33.7GWh, about 1.6 times higher than the same period of the previous year.  

 

 

For EV battery installation in May 2022, CATL surged 107.7% to 11.4GWh and maintained the No.1 position. LGES recorded 4.2GWh, slightly decreased compared to last year, and ranked in third place. SK On surged 100.1% as 2.2GWh and ranked 5th, up to one place from the same period last year. Samsung SDI rose 48.0% to 1.7GWh but ranked 6th.