CSICPCL(SH:600482) Zheng Quan Shi Bao Wang·2025-02-17 07:51Group 1 - CATL achieved the first position in the global electric vehicle battery market outside of China for 2024, marking its eighth consecutive year of leading in battery usage globally [1] - The overseas market for electric vehicle batteries reached 361.4 GWh in 2024, with a year-on-year growth of 13.1%, and CATL held a 27% market share with a battery installation volume of 97.4 GWh, reflecting a 10.9% increase [1] - LG Energy Solution's decline in ranking is indicative of the overall slowdown in battery installation growth among Japanese and Korean manufacturers, with major players like Panasonic and Samsung SDI experiencing declines exceeding 10% [2] Group 2 - Chinese battery manufacturers are showing strong performance in overseas markets, with BYD's installation volume growing by 117% and CATL's local strategies being reinforced through overseas investments [3][4] - CATL plans to establish a joint venture with Stellantis in Spain with an investment of approximately 30 billion yuan, while Guoxuan High-Tech announced two overseas projects in Morocco and Slovakia, totaling over 19 billion yuan [4] - CATL's overseas revenue accounted for about 30% in the first three quarters of 2024, with significant investments in multiple battery factories to meet local supply demands [4]