Global electric-vehicle battery sales more than doubled in the first four months of the year as the switch to environmentally friendly cars gathers pace.
Sales of EV batteries rose to 65.9 gigawatt-hours in the January-April period, from 26.8 gigawatt-hours a year earlier, SNE Research said June 1.
Contemporary Amperex Technology Co.’s sales almost quadrupled to 21.4 GWh, cementing the Chinese company’s position as the world’s biggest EV battery maker with 32.5% of the global market.