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In global EV battery shipments in 2018, LG Chem and Samsung SDI ranked third and fifth
Author:admin    Source:Sino-report    Number of clicks :     Update time:2018-06-04 21:22
In the global electric vehicle (EV, PHEV, and HEV, passenger and commercial vehicles combined) battery shipments during Q1 2018
In the global electric vehicle (EV, PHEV, and HEV, passenger and commercial vehicles combined) battery shipments during Q1 2018, Panasonic ranked first, and LG Chem and Samsung SDI took third and fifth place. CATL and AESC ranked second and fourth, respectively. 
 
During Q1 2018, the total global electric vehicle battery shipments (EV, PHEV, HEV) came to 10.3 GWh, up 57.0% from the same period last year. 
 
LG Chem was disappointed at a low sales growth below the market average, dropping a place in ranking from second to third. 
 
The other Korean maker Samsung SDI shipped 679 MWh, which was up 57.9% from the same period last year, holding up its 5th position.
 
 
  
The growth of LG Chem and Samsung SDI is largely driven by increasing sales of the models equipped with the batteries produced by the two companies. The two makers supplied batteries for Chevrolet Bolt, Hyundai Ionic EV, Smart Fortwo (LG Chem) and Volkswagen e-Golf and BMW 530e (Samsung SDI), all of which enjoyed sales increase during the period. 
 
 
 
In March, the global shipments totaled 4.8 GWh, up 39.7% from the same period last year. By maker, CALT and AESC maintained their strong presence in the market. LG Chemical dropped from 2nd to 3rd, and Samsung SDI rose up a place to 6th.
  

Both during the Q1 and march, Chinese makers showed strong performance, and five out of 10 Chinese makers were enlisted in the top 10 list. Along with Panasonic, AESC has emerged as a new strong competitor with the release of Nissan’s new version of Leaf equipped with AESC’s batteries. Accordingly, competition among Chinese, Japanese, and Korean battery makers is expected to heating up in the following periods.
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