Global EV battery sales up 54% in 1st half of 2023, China’s CATL leads, ET Auto
The increasing demand for batteries, coupled with geopolitical tensions, is exerting upward pressure on the prices of lithium, a primary component of EV batteries. Chinese battery player CATL led the EV battery market, with BYD and LG Energy Solutions trailing by some distance. Chinese battery suppliers held nearly two-thirds of the EV battery market as…