Global EV battery market share in January-July 2026: CATL 39.9%, BYD 14.7% — Explained
The 7 Chinese companies in the top 10 held a combined 72.8% share of the global EV battery market.
The 7 Chinese companies in the top 10 held a combined 72.8% share of the global EV battery market.
China’s EV battery installations reached 79.0 GWh in August, up 5.9% from July, though year-on-year growth slowed.
CATL continued to lead China’s power battery market but lost market share, while BYD gained ground.
China’s power battery installations reached 76.5 GWh in June, up 31.5% year-on-year, the fastest growth so far this year.
CATL remained China’s largest power battery maker in June, though its market share fell 3.43 percentage points from May.
Global ESS shipments rose 71% year-on-year to 461.3 GWh in the first half, with China’s share falling to 43.9% from 50.5 percent.
Seven Chinese companies ranked among the top 10, with a combined 72.4% share of the global EV battery market.
CATL remained China’s largest power battery maker in July, though its market share fell 0.37 percentage points from June.
LFP batteries’ share rose to a record 84.6%, while ternary batteries fell to an all-time low of 14.9%.