Wednesday, February 14, 2018

Battery Makers 2017

Image result for Tesla Model 3 battery


Batteries had a faster production growth rate (+70%) than EV's (+58%) in 2017, as the market became more BEV-oriented and a number of models had their batteries super-sized.


Panasonic continues to lead the charge, but has dropped share, Tesla continues to pull the company boat, but this year it had the help of Toyota, thanks to the Prius Prime, this time with a decently-sized battery (For a PHEV, at least).

With the all-important Model 3 ramp up happening in 2018, expect Panasonic to continue leading throughout the year.

As for BYD, it kept the Second Place, but lost significant market share, due to production constraints, which lead the company to bet more on PHEV models than in their battery-heavy BEV versions.

LG followed the market, mostly thanks to the battery-hungry Chevrolet Bolt, but behind it, CATL was a close Fourth, with the Chinese company jumping two positions in 2017, benefitting from the Chinese PEV rise, namely the BAIC EC-Series.

If the Chinese PEV market continues to grow in 2018 like it did last year, expect CATL to replace LG in the Battery Makers podium, making two Chinese companies in the Top 3.




Pl
Battery Makers
2017 MWh
2016
MWh
% '17
    %' 16
1
Panasonic 
10.125
6.665
29
33
2
3
BYD
LG Chem
4.693
3.523
4.020
2.285
14
10
20
11

TOTAL
34.772
20.400




A small remark, these are provisional numbers, based in some battery-size assumptions (eg, Tesla) and should serve as an indication, not as carved in stone values.

6 comments:

  1. Does BYD number include busses? 14K Busses with 200 kWHr batteries would add something like 3000 MwHr. Also who supplies batteries to Yutong busses?

    ReplyDelete
    Replies
    1. This only counts Passenger cars, no Buses included.

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    2. The 2017 China commercial vehicle (e.g. bus, truck) market was larger than passenger car by battery capacity. It's dominated by CATL and BYD. Mark Lu from IEK does a good job tracking China sales capacity. For 2017: CATL 12.0GWh, BYD 8.4GWh, and Optimum 6.7GWh. Total market was at 40.7GWh.

      Delete
  2. By my calculation lg chem might be a bit underestimated. Is the number based on car deliveries production or something else? Bolt, Volt, Zoe and Ioniq alone by deliveries makes up almost 3.8 gwh.

    ReplyDelete
  3. Hi there, do you have the top 5 battery manufacturers of 2017? Many thanks,

    ReplyDelete
    Replies
    1. Yes, you can contact me to have that kind of data through efeelblog@gmail.com

      Delete