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In global EV battery shipments during Jan - Apr 2018, LG Chem and Samsung SDI ranked 4th and 6th
Author:sino    Source:Sino-report    Number of clicks :     Update time:2018-06-24 10:54
In the global electric vehicle (EV, PHEV, HEV: passenger and commercial vehicles combined) battery shipments during Jan - Apr 2018
- Korean makers are struggling against the strong performance of Chinese and Japanese makers
 
  
In the global electric vehicle (EV, PHEV, HEV: passenger and commercial vehicles combined) battery shipments during Jan - Apr 2018, Panasonic ranked first, and LG Chem and Samsung SDI took 4th and 6th. CATL, BYD, and AESC took 2th, 3rd, and 5th place, respectively.
 
  
During Jan - Apr 2018, the total global electric vehicle battery shipments (EV, PHEV, HEV) totaled 15.8 GWh, up 80.8% from the same period last year.
  
LG Chem recorded a disappointing shipment growth, 1.6 GWh (38.9%), which was below the market average, dropping two steps from 2nd to 4th in the ranking.
 
 In the meanwhile, Samsung SDI reported a substantial shipment growth of 47.1% with a total shipment of 879 MWh, rising to 6th from 7th a year ago. PEVE, which was in 6th place last year, marked a negative growth and contributed the rise of Samsung SDI in ranking.
  
 
 
The shipment 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. LG Chem supplies EV batteries for Chevy Bolt, Hyundai Ioniq EV, and Smart Fortwo, and Samsung SDI supplies for Volkswagen e-Gold and BMW 530e.
 
 
 
In April, the global shipments recorded 5.1 GWh, up 230% from the same month last year. By maker, amid the rapid growth of Chinese makers including BYD, CATL, AESC, Farasis, EVE, and Guoxuan, LG Chem and Samsung SDI ranked 4th and 8th, each falling two and three steps from the same month last year.
 
The rise of Chinese makers has been driven by sharp increases in domestic electric bus and truck sales. In fact, the top 10 lists based on the sales record during Jan - Apr and in Apr included five Chinese makers. Japanese makers also confirmed their continuing market dominance. Along with Panasonic, AESC grew significantly due to the rapidly increasing demand for the third-generation Nissan Leaf (40 kWh).
 
The recent struggle of Korean makers, LG Chem and Samsung SDI can be attributed to the strong performance of both Chinese and Japanese makers. This trend is expected to last for a while.
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