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"We believe CATL, [LG Chem], and SKI should win as they aggressively build out their global capacity footprint with strategic partners," UBS said in the report. "We expect Panasonic and [Samsung] to lose share with capacity expansion plans lagging peers." In 2023, UBS projects that LG Chem will overtake CATL with a 31% share, while CATL's sales will grow to 28% of the market. That growth is expected to come at the expense of Panasonic, Samsung, and BYD, which UBS expects will lose market share during the next three years.
I hope with these prices for affordability...
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