According to data from South Korean market research firm SNE Research, in April 2023, the global installed capacity of power batteries was approximately 49.5GWh, a decrease of 14.4% month on month and an increase of 82.7% year on year. From January to April, the total installed capacity of global power batteries was approximately 182.5 GWh, a year-on-year increase of 49.0%.

　　Ningde Times is far ahead with an installed capacity of 19GWh, while BYD has benefited from the expansion of China's domestic demand market share, achieving a record three digit year-on-year growth rate and continuing to rank second. China Innovation Airlines, Guoxuan High Tech, Yiwei Lithium Energy, and Xinwangda ranked seventh, eighth, ninth, and tenth respectively. Among the top 10 global power battery companies, there are still 6 Chinese companies on the list, with a market share of 64.8%, an increase of 10.9 percentage points year-on-year.

　　Due to the impact of the end of March quarter rush and price war among car companies, the installed capacity of most companies decreased month on month in April. The most severe month on month decline in China Innovation Airlines was 43.8%, followed by a more than 30% month on month decline in Samsung SDI and LG Energy, a more than 20% month on month decline in Panasonic and SK On, and a 10% decline in Ningde Times. Due to the significant increase in sales of Dongfeng Yijiete in April, Xinwangda rose 12.5% month on month, Guoxuan High Tech rose 7.1%, and BYD rose 1.3%.

　　In terms of year-on-year growth, four Chinese companies achieved triple digit growth, with Ningde Times experiencing the largest year-on-year growth of 137.5%. Next were Xinwangda, Guoxuan High Tech, and China Innovation Airlines, all achieving over 100% year-on-year growth. Panasonic remained basically the same as last year, SK On only achieved single digit growth, and LG Energy and Samsung SDI achieved over double digit growth.

　　In terms of market share, thanks to the countless "harem beauties", the year-on-year market share growth of Ningde Times reached the highest of 8.9 percentage points, while the market share of BYD, which produces and sells itself, increased by 0.1 percentage points. Panasonic, SK On, and Samsung SDI have seen a year-on-year decline in market share, with Panasonic's market share significantly decreasing by 5.3%.

　　In the first four months, Chinese enterprises also occupied six seats, with a total market share of 62.3%. Thanks to major domestic demand sedan models such as Tesla Model 3/Y, SAIC Mulan, Aion Aion Y, and NIO ET5, as well as commercial vehicle models in China, Ningde Times has maintained a high growth momentum, with installed capacity increasing by 55.6% year-on-year to 65.6 GWh, and market share increasing by 35.9%, dominating the market with overwhelming momentum.

　　BYD is accelerating its pursuit, with a year-on-year growth of 108.3% to 29.4GWh, and a market share of 16.1%, maintaining its position as the runner up for four consecutive months. BYD recently launched the Atto3 model, expanding its market share in Asia and Europe outside of China, showing an explosive growth trend.

　　Zhongxin Aviation's installed capacity was 8.4GWh, a year-on-year increase of 65%. After a year, it once again surpassed South Korea's Samsung SDI and ranked sixth. Guoxuan High Tech, Yiwei Lithium Energy, and Xinwangda ranked eighth to tenth respectively, with Yiwei Lithium Energy increasing by 96.6% year-on-year.

　　The market share of South Korean companies Samsung SDI, LG Energy, and SK On was 23.4%, a year-on-year decrease of 2.8 percentage points. However, the installed capacity of all three companies showed an increasing trend.

　　Among them, with the continuous growth of sales of Rivian pickup R1T/S, BMW i4/7/X, and Audi E-Tron, Samsung SDI continues to maintain growth momentum. SK On is showing a growth trend due to increased sales of Hyundai IONIQ 5, Kia EV6, and Ford F-150. With the pre-sale order volume of Kia EV9 equipped with SK On exceeding 10000 units, it is expected that the growth momentum of SK On will continue in the future. LG Energy achieved the highest growth rate among the three Korean companies due to increased sales of Tesla Model 3/Y, Volkswagen ID.3/4, and Ford Mustang Mach-E.

　　Panasonic is the only Japanese company to enter the top 10, with an installed capacity of 15.1 GWh in the first four months, a year-on-year increase of 35.9%. As one of Tesla's main battery suppliers, the majority of the battery usage in the North American market is carried by Tesla. The Model 3 Long Range Edition, which was recently discontinued in the United States, has resumed sales, and the relevant vehicles will be equipped with LG energy batteries. Panasonic's market share changes have attracted attention.

　　In terms of market share, BYD's year-on-year increase in market share reached a maximum of 4.6 percentage points, while Ningde Times' market share increased by 1.5 percentage points. The market share of SK On, Samsung SDI, and Panasonic has all decreased, with the largest decrease of 2.2 percentage points in the market share of SK On.

　　SNE predicts that the growth rate of China's domestic demand market, the largest electric vehicle market in 2023, will gradually decrease, and Chinese companies will enter overseas markets such as the United States and Europe. Among them, the electric vehicle market in Europe has relatively fewer political topics compared to the United States, and is a strategic location for pursuing diversified battery supply chains, receiving much attention. As more and more Chinese companies enter the European market, it is expected that the proportion of LFP batteries installed in Europe will also increase.