CATL Deploys 553% More Passenger EV Battery Capacity in March 2019 than Year Prior
CATL outperforms the market by a factor of almost five
In March 2019, total passenger EV battery capacity (in MWh) deployed globally with CATL cells was 553% higher than the same month the year prior, according to Adamas Intelligence’s “EV Battery Capacity Monthly”.
Over the same period, total passenger EV battery capacity deployed increased by a lesser 94%, meaning that CATL outperformed the market by a factor of almost five.
In March 2019, CATL was responsible for 13% of all passenger EV battery capacity deployed globally, slightly less than compatriot BYD, and less than half the market share of Panasonic.
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