Ternary Lithium – ThinkerCarResearch https://thinkercarresearch.com Mon, 26 May 2025 09:16:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://thinkercarresearch.com/wp-content/uploads/2025/05/cropped-ThinkerCar-32x32.png Ternary Lithium – ThinkerCarResearch https://thinkercarresearch.com 32 32 CATL Battery Market Trend https://thinkercarresearch.com/2025/02/19/2025-catl-battery-market-trend/ https://thinkercarresearch.com/2025/02/19/2025-catl-battery-market-trend/#respond Wed, 19 Feb 2025 09:24:56 +0000 https://thinkercarresearch.com/?p=164 In 2024, CATL’s battery usage in China’s passenger vehicle market reached 223 GWh, securing the top position with a market share of 43.3%.

In 2024, CATL’s usage of ternary lithium and LFP batteries accounted for 61% and 39%, respectively. The usage of ternary lithium batteries represented 70.2% of the overall market, solidifying CATL’s dominant position. Meanwhile, the usage of LFP batteries accounted for 27.1% of the total market.

In the 2024 BEV market, CATL installed approximately 1.3M battery packs with 125-140Wh/kg energy density, followed by 784K vehicles equipped with >160Wh/kg battery packs. In the PHEV/EREV market, 458k vehicles were equipped with 140-160Wh/kg battery packs, and 375k vehicles with >160Wh/kg battery packs.

Tesla’s usage reached 37.6GWh, making it CATL’s top partner, accounting for 16.9% of CATL’s total usage. NIO and Aito ranked 2nd and 3rd, while Xiaomi held the 7th position.

In 2024, Tesla Model Y EV ranked first in CATL battery usage, reaching 26.6 GWh. Xiaomi SU7 and Tesla Model 3 ranked second and third with battery usage of 11.4 GWh and 10.9 GWh respectively.

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