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Benzinga
Benzinga
Business
Badar Shaikh

Tesla, GM Supplier CATL Dominates Global EV Battery Supply Charts With 37.5% Market Share, BYD Emerges 2nd

Company,Logo,Catl,Contemporary,Amperex,Technology,Co.,Limited,Electric,Vehicle

Tesla Inc. (NASDAQ:TSLA) and General Motors Co. (NYSE:GM) EV battery supplier Contemporary Amperex Technologies Ltd. (CATL) has topped the global EV battery market, leading the sector with a healthy lead over closest rival BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF).

CATL Captures 37.5% Of Global EV Battery Market

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