UPDATED. 2020-10-27 19:02 (화)
South Korean battery makers see share double
South Korean battery makers see share double
  • Stan Lee
  • 승인 2020.09.02 20:00
  • 댓글 0
이 기사를 공유합니다

LG Chem No.1 for 7 months 
Image: SNE Research
Image: SNE Research

South Korean battery makers LG Chem, SK Innovation and Samsung SDI saw their market share from January to July double from last year, according to market research firm SNE Research.

The three combined had a share of 35.6%, over double that of their share of 15.9% in 2019.

Chinese companies combined, however, had a market share of 36.9%. 

Panasonic was the only Japanese company to be included in the top ten with 18.9% market share.

LG Chem was the leader in market share with 25.1%, a rise of 82.8% from the same time period from a year ago. This was followed by CATL and Panasonic.

Samsung SDI saw its share rise 34.9% and SK Innovation saw a rise of 66%. They were fourth place and sixth place, respectively.

However, Chinese battery makers are showing signs of recovering from the COVID-19 pandemic. The Chinese companies have extended subsidies by two years as well. 

CATL was the leader in terms of the share for the month of June. Volkswagen and Daimler are investing in Chinese battery makers and the market there will likely grow going forward.

SNE Research said the three South Korean companies must watch the market closely and build up their fundamental competences and reorganize their growth engine to secure global leadership.

Meanwhile, a total of 53.3GWh of batteries were used from January to July, a decline of 16.8%, due to the impact of the virus outbreak. However, for the month of July, 10GWh of batteries were used, a rise of 20.9% from a year ago.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 816, Botanic Park Tower2, 213, Gonghang-daero, Gangseo-gu, Seoul, Republic of Korea
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2020 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트