On June 9th, the China Automotive Power Battery Industry Innovation Alliance (referred to as the "Battery Alliance") released the TOP15 ranking of domestic power batteries for May 2023 and January-May.
The data shows that the installed power battery capacity for vehicles in China was 28.2 GWh in May, a year-on-year increase of 52.1% and a month-on-month increase of 12.3%. Of this, the installed capacity of ternary batteries was 9.0 GWh, accounting for 31.8% of the total, a year-on-year increase of 32.0%; the installed capacity of lithium iron phosphate batteries was 19.2 GWh, accounting for 67.8% of the total, a year-on-year increase of 87.2%.
In the past, clothing, household appliances, and furniture were known as the "old three" of export trade. Nowadays, electric passenger vehicles, lithium-ion batteries, and solar cells have become the "new three" of foreign trade. As one of the "new three", data shows that in May, China's power battery companies exported a total of 11.3 GWh of batteries; from January to May, China's power battery companies exported a cumulative total of 45.9 GWh of batteries.
TOP 15 List: In May, the top 15 Chinese power battery companies in terms of installed capacity are: CATL, BYD, ATL Power, EVE Energy, Guoxuan High-Tech, XWDT, LG Chem, Lishen Power, FUNENG Technology, Rui Pulin Junge, Farasis Energy, Donly, Great Power, Rongsheng Meng Solidarity, and SK-On.
| Top 15 Power Battery Installation Volume (GWh) in China in May 2023 |
| Number |
Business name |
Vehicle loading volume as of May 2023 |
market share |
| 1 |
CATL |
11.67 |
41.31% |
| 2 |
BYD |
8.68 |
30.72% |
| 3 |
CALB |
2.19 |
7.76% |
| 4 |
EVE |
1.33 |
4.71% |
| 5 |
Guoxuan High-Tech |
1.01 |
3.58% |
| 6 |
Sunwoda |
0.70 |
2.50% |
| 7 |
LG Energy |
0.68 |
2.39% |
| 8 |
Zenergy |
0.43 |
1.52% |
| 9 |
Farasis |
0.42 |
1.48% |
| 10 |
REPT |
0.41 |
1.44% |
| 11 |
SVOLT |
0.35 |
1.23% |
| 12 |
Do-Fluoride |
0.12 |
0.43% |
| 13 |
JEVE |
0.06 |
0.22% |
| 14 |
MGL |
0.04 |
0.16% |
| 15 |
SK On |
0.03 |
0.11% |
