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Global industry players to shift gears towards sustainability at Asiabike Jakarta (ABJ) 2024

Global industry players to shift gears towards sustainability at Asiabike Jakarta (ABJ) 2024
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2023 Motive Power Battery Overseas Market Share Battle: CATL in Pursuit, BYD Surges Ahead

According to data from South Korean research firm SNE Research, the global (excluding China) sales of electric vehicle (EV) batteries totaled approximately 319.4 GWh in 2023, marking a 43.2% increase compared to the same period in 2022. Notably, in the global (excluding China) ranking of electric vehicle battery installations, LG Energy Solution (LGES) maintained its top position, experiencing a growth of 32.9% compared to the same period in 2022, with installations reaching 88.6 GWh and a market share of 27.8%.




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