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[Graphic News] S. Korean battery makers’ H1 market share falls amid Chinese advance

Aug. 18, 2022 - 10:01 By Nam Kyung-don

The global market share of major South Korean battery makers fell in the first half of this year from a year earlier amid strong growth of Chinese rivals, a report showed. 

LG Energy Solution, SK On and Samsung SDI together accounted for a combined 25.8 percent share for the January-June period in terms of the total amount of battery energy registered, according to the report by market tracker SNE Research. 

That marks a 9.1 percentage point decline from the previous year’s 34.9 percent. 

China’s CATL retained the No. 1 spot, with its share jumping 6.2 percentage points to 34.8 percent. (Yonhap)