CATL and Sinotruk compete for market share

In the power battery market, CATL and Sinotruk compete fiercely. In 2023, CATL's market share in the domestic market is 43.11%, while Sinotruk's is 8.49%. From January to April 2024, CATL's market share increased to 47.7%, while Sinotruk's fell to 6.5%.