CATL overwhelms the world’s EV battery market for the fifth back-to-back year. Chinese battery giant Contemporary Amperex Technology stayed the world’s most significant producer of electric vehicle batteries for the fifth year running last year, as indicated by the most recent information. CATL involved a 32.6 percent portion of the world’s auto lithium-particle battery market in 2021 with an installed capacity of 96.7-gigawatt-hours, The Paper announced, referring to information from South Korean market surveying firm SNE Research. The absolute battery limit introduced in December last year rose for the eighteenth consecutive month, flooding 53.2 percent yearly to 43.7 GWh.
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