Samsung is the third biggest battery maker in the world

According to the latest numbers from SNE Research, Samsung SDI had a global market share of 10.1%. The company ranked third during the period (January 2021 to May 2021), thanks to battery sales for the Audi E-Tron, Fiat 500, and Ford Kuga. With a market share of 35.5%, LG Energy was the world's biggest battery maker during the period. The company added 7 percentage points to its market share from the previous period, thanks to impressive sales for the Ford Mustang Mach-E, Volkswagen ID.3, and Volkswagen ID.4.

Panasonic was the world's second-biggest battery maker, with a market share of 27.8%. Another South Korean firm, SK Innovation, was on the list with a market share of 9.7%. The company relied on sales of the Kia Niro, Hyundai Kona and Benz GLE PHEV. Chinese battery firm CATL (Contemporary Amperex Technology) ranked fifth with a market share of 9.6%. It grew 311% year-over-year, though, thanks to impressive sales of the Tesla Model 3 and Tesla Model Y.

Compared to last year, the global battery usage increased 2.2x to 46.2GWhr from January 2021 to May 2021. Samsung plans to open up a battery factory in the US, and it is hoping to win a contract to make batteries for upcoming Tesla cars. The company recently completed prototyping 4680 battery cells for Tesla cars and it is already supplying batteries to Rivian.