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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). China-based CATL, the world’s top supplier, expanded its market share from 32% in 2021 to 34% in 2022.

Li-ion 458
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BYD to shake up North American EV market with plans to enter Canada

Baua Electric

China’s BYD wants a bigger piece of the North American EV market. With plans to sell electric cars in Canada, BYD is closing in on the US. The documents (via Automotive News ) reveal that BYD has reached out to inquire about “the establishment of a new business, and the application of tariffs on EVs.”

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BYD, Chinese EV makers account for +40% of German EV imports ahead of new tariffs

Baua Electric

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. Despite Chinese electric vehicle imports slipping 15.7% in Germany through the first four months of 2024, their market share still increased. Despite Chinese electric vehicle imports slipping 15.7% additional duty.

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Toyota plots new EV battery plant to fend off incoming BYD, low-cost Chinese EVs

Baua Electric

Toyota is planning to build a new EV battery plant on Japan’s “Silicon Island” to keep pace with BYD and other incoming Chinese electric car makers. Although Toyota has been one of (if not the) biggest laggards in the global shift to electric cars, the Japanese automaker realizes it needs to compete with Chinese EV makers like BYD.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

It is also a big reason the popularity of Chinese-made cars is exploding in Australia, as both the Model 3 and Model Y are made in Shanghai. Chinese cars sit number three behind Japan and Thailand in terms of popularity in Australia. That tally will spiral when the BYD Dolphin arrives. per cent market share.

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Look out LandCruiser, Patrol, Range Rover, Benz, BMW: Huge, powerful, pricey BYD Yangwang U8 SUV confirmed for Australia

EV Central

The outrageous BYD Yangwang U8 luxury SUV is headed for Australia. Local BYD importer Luke Todd has confirmed the deal is done and examples of the 880kW heavy duty off-roader could roll into local showrooms as soon as late 2025. 2024 BYD Seal U electric SUV appears as Australian launch looms 2023 Yangwang U8. 2023 Yangwang U8.

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Comment on US announces tariff hike on Chinese EVs from 25% to 100% by nov22

CN EV Post

BYD has no interest in US market at this moment, neither selling EV nor making EV in US. And Chinese still buy lots of BMW, Audi, and Mercedes. @GustavoMan627 In reply to GustavoMan627. You don't see many Chevy or Ford in China anyway. It is a show for US domestic politic.

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