China Battery Materials_ 10M24 Global EV Battery Usage at 686.7GWh, +25.0% YoY
Bazaarvoice·2024-12-10 02:48
Flash | 06 Dec 2024 03:30:47 ET │ 11 pages China Battery Materials 10M24 Global EV Battery Usage at 686.7GWh, +25.0% YoY CITI'S TAKE According to SNE Research (link, 5-Dec-24), 10M24 global EV battery usage reached 686.7GWh, +25.0% YoY, within which EV battery usage from CATL/BYD/LGES was 252.8/115.3/81.2GWh, respectively, covering 36.8%/16.8%/11.8% of total global EV battery usage in 10M24. In Oct 2024, global EV battery usage was 87.7GWh, +32.3% YoY and -1.3% MoM. We believe we are at the trough of the ba ...