| Firm | Market Share (%) | Installations (GWh) |
|---|---|---|
| CATL | 39.9% | 289.6 |
| BYD | 14.7% | 106.7 |
| LGES | 8.3% | 60.3 |
| CALB | 5.1% | 37.3 |
| Gotion | 4.7% | 34.0 |
| Panasonic | 3.6% | 26.2 |
| Eve Power | 3.5% | 25.0 |
| SK On | 3.1% | 22.3 |
| Svolt | 2.6% | 18.9 |
| Rept | 2.3% | 16.9 |
| Others | 12.1% | 88.1 |
- The 7 Chinese language firms within the high 10 held a mixed 72.8% share of the worldwide EV battery market.
- CATL and BYD had a mixed share of 54.6%, whereas Rept entered the highest 10 for the primary time.
CATL (HKEX: 3750) and BYD (HKEX: 1211) continued to dominate the worldwide electrical car (EV) battery market within the first 7 months of 2026, although the hole between them widened.
World EV battery utilization totaled 725.2 GWh in January-July, up 20.4% year-on-year, in accordance with information launched Monday by South Korean market researcher SNE Analysis.
In July alone, battery installations reached 116.0 GWh, up 22.1% year-on-year.
CATL retained the highest spot in January-July with international installations of 289.6 GWh, up 26.6% year-on-year.
Its international market share rose to 39.9% from 38.0% a 12 months earlier, nearing 40% and unchanged from January-June.
Second-ranked BYD recorded installations of 106.7 GWh, up simply 4.7% year-on-year. Its share fell to 14.7% from 16.9% a 12 months earlier.
The two firms held a mixed 54.6% share, barely beneath 54.9% a 12 months earlier however nonetheless accounting for greater than half the worldwide market.
South Korea’s LG Power Answer (LGES) ranked third with 60.3 GWh, up 4.5% year-on-year. Its share fell to eight.3% from 9.6%.
LGES continued to provide Tesla (NASDAQ: TSLA), Hyundai Motor Group, GM and Volkswagen, however its progress lagged properly behind the general market, SNE Analysis stated.
China’s CALB (HKEX: 3931) ranked fourth with 37.3 GWh, up 34.3% year-on-year. Its share rose to five.1% from 4.6%.
Gotion High-tech (SZSE: 002074) ranked fifth with 34.0 GWh, up 44.2% year-on-year. Its share elevated to 4.7% from 3.9%.
Japan’s Panasonic ranked sixth with 26.2 GWh, up 7.6% year-on-year. It benefited from Tesla’s gross sales in North America, although its share fell to three.6% from 4.0%.
Eve Energy (SZSE: 300014) ranked seventh with 25.0 GWh, up 53.1% year-on-year, lifting its share to three.5%.
South Korea’s SK On was the one firm within the high 10 to file a decline, with installations falling 9.8% year-on-year to 22.3 GWh. Its share shrank to three.1% from 4.1%.
China’s Svolt Power ranked ninth with 18.9 GWh, up 39.1% year-on-year.
Rept Battero Power (HKEX: 666) noticed installations surge 118.5% to 16.9 GWh, coming into the highest 10 for the primary time and changing Sunwoda (SZSE: 300207), which beforehand ranked tenth.
The 7 Chinese language firms within the high 10 held a mixed 72.8% market share, up 3.1 share factors from a 12 months earlier.
Battery installations rose 29.3% year-on-year in Europe and 16.6% in China. Development reached 77.1% in Asian markets exterior China and 192.6% in South America.
North America, in the meantime, recorded a 20.2% decline. Battery electrical autos’ share of new-vehicle gross sales within the US fell to round 6% after federal EV tax credit expired on the finish of September final 12 months, SNE Analysis stated.
CATL remained China’s largest energy battery maker in July, although its market share fell 0.37 share factors from June.
