30% 40% 50% Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-25 Apr-25 SNE data Battery Alliance data 41.8% 42.1% CATL's domestic ePV battery market share Source: SNE, CPCA, Battery Alliance, Morgan Stanley Research Morgan Stanley Asia Limited+ Jack Lu Equity Analyst Jack.Lu@morganstanley.com +852 2848-5044 July 4, 2025 06:19 AM GMT M Update Contemporary Amperex Technology Co. Ltd. | Asia Pacific CATL Losing Share in China? Not Really Key Takeaways Exhibit 1: Battery Alliance data shows that CATL ...

ab 31 May 2025 Global Research Global Electric Vehicle Battery Makers Monthly Recharge: EV Survey and US EV Policy Intention to buy BEV declines 5 ppts y/y to 41%, impacting EV battery demand Our UBS EV consumer survey covers six of the largest car markets including the US, China, and Germany. Globally, the share of people considering buying a BEV declined 5 ppts y/y to 41%. Our 2030E Global EV penetration downward revision of 8 ppts to 41% is largely driven by changes in ex-China markets. For the US/EU we ...