Global EV battery market share in January-August 2026: CATL 39.4%, BYD 15.1%
The 7 Chinese companies in the top 10 held a combined 73.3% share of the global EV battery market.
The 7 Chinese companies in the top 10 held a combined 73.3% share of the global EV battery market.
The heavy-duty truck version supports megawatt-level fast charging, reaching 80% in 25 minutes.
CATL’s Shenzhen-listed shares fell another 3.84% on Wednesday and are down about 35% from their recent peak in early May.
CATL continued to lead China’s power battery market but lost market share, while BYD gained ground.
The cooperation covers electric trucks, charging infrastructure and battery swapping pilots to help cut emissions from European road freight.
A media outlet under MIIT says supply chain diversification should not be portrayed as a confrontation between automakers and battery producers.
The Hungarian plant will become CATL’s largest production base outside China once all facilities are ready.
Aiva is discussing a battery swap solution with CATL, with its first production model, the ME7, set to debut by the end of 2026.
The 7 Chinese companies in the top 10 held a combined 72.8% share of the global EV battery market.
The heavy-duty truck version supports megawatt-level fast charging, reaching 80% in 25 minutes.