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Little known by the general public. Most people don’t know squat about battery technology or manufacturing.
By that measure every lithium battery manufacturer is “little known” then.
Little known?
That’s ridiculous. They pretty much control the LFP market.
I don’t even know what LFP means so~
LiFePO4, it’s the current standard chemistry for most high current applications
In the first half of the year, BYD commanded a leading 43.7% share among vehicles running on LFP batteries, according to data from the China Automotive Battery Industry Innovation Alliance. In the months between January and November, BYD held a 41.1% market share, besting CATL’s 33.9% share
That’s still far from little known. If we’re going by public perception, nobody knows wtf BYD is either. If we’re going by industry knowledge, both are 300 lb gorillas. And I’m suspecting something wrong with that number, because CATL was the undisputed big boy in vehicle batteries a couple years ago.