CATL and BYD continued to dominate the global electric vehicle (EV) battery industry between January and August, according to data from South Korean market research firm SNE Research. Global EV battery installations reached 691.3 GWh during the first eight months of the year, up 34.9 percent from 512.6 GWh in the same period last year.
CATL maintained its position as the world’s largest battery supplier with 254.5 GWh installed, marking a 31.9 percent year-on-year increase. The company held a 36.8 percent global market share — the only supplier with over 30 percent share — though this was slightly lower than the 37.7 percent recorded in the same period of 2024 and 37.5 percent in January–July 2025.
See also: LG Energy Solution Forecasts 34% Rise in Q3 Operating Profit on U.S. EV Demand Surge
BYD followed in second place with 124.8 GWh of installations, representing a 50.3 percent year-on-year increase from 83.0 GWh a year earlier. The company’s global market share rose to 18.0 percent, up from 16.2 percent in the same period last year and slightly higher than 17.8 percent in January–July 2025.
South Korea’s LG Energy Solution retained third place with 67.4 GWh installed, up 13.3 percent year-on-year, giving it a 9.7 percent share of the global market. While this was lower than 11.6 percent in the same period last year, it was marginally higher than the 9.5 percent recorded from January to July 2025.
See also: Lyten Scales Back Northvolt’s Heide Battery Factory Plans After Takeover Approval
Rounding out the top ten, CALB ranked fourth with a 4.6 percent market share, followed by SK On at 4.2 percent and Panasonic at 3.7 percent. Gotion High-tech (3.6 percent), Samsung SDI (2.9 percent), Eve Energy (2.9 percent), and Svolt Energy (2.5 percent) completed the list of leading suppliers for the January–August period.