Korean battery and energy research company SNE Research has released 2024 global data on electric vehicle (EV) battery usage.According to the data, Chinese battery manufacturer CATL (300750.SZ) +26.010 (+6.669%) , which is preparing to list in Hong Kong, achieved a global vehicle battery installation volume of 339.3GWh, up 31.7% YoY, and its market share further leaped to 37.9%, up 1.1 ppt from the same period last year, firmly maintaining its position as the global leader for the eighth consecutive year and the world's only battery manufacturer holding a market share of over 30% for four straight years.Related News JPM: Battery Sector Entering Capex Upcycle; Favors CATL (03570.HK) and Lead Intelligent (00470.HK)BYD COMPANY (01211.HK) +3.300 (+3.242%) Short selling $980.95M; Ratio 29.698% (002594.SZ) +2.640 (+2.666%) recorded a vehicle battery installation volume of 153.7GWh last year, and its market share grew by 1.3 ppts from last year to 17.2%, ranking second globally. CALB (03931.HK) +2.820 (+8.198%) Short selling $10.51M; Ratio 1.446% logged a vehicle battery installation volume of 39.4GWh last year, and its market share dipped by 0.4 ppts from last year to 4.4%. The company moved up two places from sixth to fourth in the global ranking.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.) (A Shares quote is delayed for at least 15 mins.)
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