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UNIQUENESS SCORE: 100%
South Korea's LG Chem Ltd. supplied 5.5 gigawatt-hours (GWh) worth of electric vehicle (EV) batteries in the first quarter to overtake Japan's Panasonic as the world's top manufacturer.
LG Chem's market share jumped to 27.1 percent in the first quarter, up from 10.7 percent from the previous year when it supplied 2.5 GWh.
The hike was attributed to the robust sales of vehicles powered by LG Chem's EV batteries, namely the Tesla Model 3, the Renault Zoe EV, and the Audi e-tron EV.
The third spot went to China's CATL, whose market share dipped to 17.4 percent from 23.4 percent a year earlier.
Samsung SDI was ranked fourth with a 6-percent market share, while SK Innovation took seventh place with 4.5 percent.
The combined first-quarter market share of the three South Korean EV battery makers, LG Chem, Samsung SDI Co., and SK Innovation Co., surged to 37.5 percent from 16.4 percent a year earlier.
