The world wants to destroy CATL, the global power battery war escalated

As the "heart" of new energy vehicles, power batteries have experienced round after round of market competition and the industrial structure has become more stable, but under the influence of factors such as the epidemic, the Russian-Ukrainian war, rising prices of raw materials, and continuous iteration of new technologies, there has been another new variable. On the one hand, the Matthew effect is weakened. In addition to CATL, the share of other companies is also gradually increasing. Among them, LG New Energy is developing rapidly, especially in the international market expansion; BYD is relying on the explosive growth of its own products, and its status has risen rapidly. On the other hand, the technological secret war has escalated.

At this stage, whether it is a ternary lithium battery or a lithium iron phosphate battery, the technological development has been relatively mature, and it is difficult to achieve a major breakthrough. To change the existing competitive landscape, perhaps the only way left is technological innovation. So, in the face of more intense competition in 2023, what challenges and breakthroughs will power battery companies face? Hi! Welcome to Auto Age, and let’s move on to today’s topic!

[willeisinga]

Its Mature and Only Started yet. Battery is Key. Battery Industry is the Future Industry. Big Succes.

[willeisinga]

Car Battery Separation. NIO System Battery Swap Technic. No Battery/Range Anxiety.

[Timbucktoothed]

BYD explosive models???? U crackling me up gal^^

[JuanCarlos-dzwc]

Catl has low battery technology which was mostly stolen from Korean company. Thus they can make LFP which can provide shorter range and less safety than NCM battery can. ID4 Volfs Wagen, which uses catl battery, has safety issue to break out fire easily

[byddf]

BYD can't beat CATL for some reasons.
1. BYD mainly produce LFP batteries, that are slow charge (not as fast as Tesla's batteries).
2. Other EV companies count BYD is an EV maker, not just a battery maker. If an EV company use BYD battery, it means that EV company is accepting BYD, or partnering with BYD rather than rivaling.
3. BYD may produces more EVs, but smaller battery per car, Dolphin and Seagull are smaller EVs than BYD's usual.

[peterlai]

It seems to me any lead you have in the battery business and also the EV business would only be very temporary.