2022 1H Global EV & Battery
Performance Review
In 2022 1H, the global electric vehicle
(BEV, PHEV) market marked a 63% YoY growth, recording 4.285 million units sold,
despite difficult market circumstances such as the prolonged COVID-19 pandemic,
the Russia-Ukraine war, and the increase of electric vehicle price influenced
by a rise in raw material price.
Taking a closer look at different
regions, China, propped up with the government policy to encourage the distribution
of electric vehicles, recorded a high growth of 121% and took the lead in the
global market. North America marked another high growth of 59% compared to the
previous year based on the eco-friendly policy carried out by the Biden
administration. On the other hand, Europe saw only a 5% YoY growth due to the
conflicts between Russia and Ukraine.
In terms of vehicle type, passenger
vehicles, buses, and trucks recorded a 62%, 71%, and 74% growth respectively,
compared to the same period of last year.
[ EV (BEV+PHEV) Sales Record
by Region ]
[ EV (BEV+PHEV) Sales Record
by Vehicle Type ]
Looking at the sales record of
car OEMs, BYD topped the global ranking, outperforming Tesla, thanks to the booming electric vehicle market
in China. Along with BYD, lots of OEM makers in China recorded a high growth
compared to the same period of last year.
Meanwhile, among other global OEMs, TESLA,
HKMC, Stellantis, Renault-Nissan, and Ford put up a good fight, whereas VW,
BMW, Daimler, Toyota, and GM recorded a little sluggish sale.
[EV (BEV+PHEV) Sales Record by
Car OEM ]
In 2022 1H, the market of batteries for
electric vehicles recorded 202GWh, a 76% increase from the same period in the
previous year.
A boom in the electric vehicle market of
China has led the battery makers in the nation to enjoy a high growth. Among the
other battery makers than Chinese cmpanies, SK On and SDI posted a 124% and 50%
growth respectively, but LGES and Panasonic have seen their growth rate slowing
down.
Boasting the sales of 69GWh, CATL
widened the gap with the 2nd players’ group and kept its matchless,
top position. BYD moved up the list and ranked 3rd, thanks to strong
sales of its own electric vehicles. The 2nd tier companies such as CALB,
Guoxuan, and Sunwoda also marked a high growth.
[ Sales Record by Battery Maker] 
With regards to market shares by battery
maker, companies in the global top 10 have kept their market shares above 90%.
CATL expanded its market share from 29%
in 1H last year to 34% in 1H this year, a noteworthy 6% increase, whereas BYD
took up 12% of market share in the former half of this year. On the other hand,
LGES and Panasonic have seen their market shares dropping from the last.
[ Market Shares by Battery Maker ]
The sales record of battery makers in
the global marker excluding the China market, LGES and Panasonic ranked 1st
and 2nd respectively, while CATL and SK On, propped up with their
high growth, have expanded their stakes even in the global stage.
[Sales
Record in Non-Chinese Market by Battery Maker ]
In terms of chemicals used in battery
manufacturing, the proportion of LFP has kept increasing and reached 33% in the
first half of 2022.
[Record of Battery Chemical
Use ]
With regards to the record of battery
use by type, the ratio of prismatic batteries rose 12%, while the ratios of
cylindrical and pouch types both registered a 5 to 7 % decrease.
[ Record of Battery Use by Type ]
(Source: Global EVs and Battery Monthly
Tracker – 2022 July edition, SNE Research)
Sales of electric vehicles
in 80 nations are aggregated.
