Market share of world’s top EV battery makers (Jan-Aug 2026)
Market Share of World’s Top EV Battery Makers (Jan-Aug 2026)
Company
Market Share (%)
Installations (GWh)
CATL
39.4%
333.0
BYD
15.1%
127.9
LGES
8.1%
68.3
CALB
5.3%
44.4
Gotion
4.9%
41.5
Panasonic
3.5%
29.7
Eve Energy
3.5%
29.5
SK On
2.9%
24.9
Svolt Energy
2.6%
22.0
Rept
2.4%
20.3
Other
12.2%
102.8
- The 7 Chinese companies in the top 10 held a combined 73.3% share of the global EV battery market.
- CATL and BYD held a combined 54.6% share, while Rept remained in the top 10 with the fastest growth among the group.
CATL (HKEX: 3750) and BYD (HKEX: 1211) continued to dominate the global electric vehicle (EV) battery market in the first 8 months of 2026, retaining a combined share of more than half.
Global EV battery usage totaled 844.2 GWh from January through August, up 19.7% year-on-year, according to data released by South Korean market research firm SNE Research on Friday.
Battery installations in August alone totaled 116.8 GWh, up 14.3% year-on-year. The figures cover battery electric vehicles, plug-in hybrids and conventional hybrids.
CATL retained first place with 333.0 GWh of global battery installations from January through August, up 25.2% year-on-year and outpacing the overall market.
Its global share rose to 39.4% from 37.7% a year earlier, but fell 0.5 percentage points from 39.9% in January through July.
BYD ranked second with 127.9 GWh of battery installations, up 6.2% year-on-year. Its share fell to 15.1% from 17.1% a year earlier, but exceeded the 14.7% recorded in January through July.
Their combined market share was 54.6%, unchanged from January through July and slightly below 54.8% a year earlier, but still more than half of the global market.
South Korea’s LG Energy Solution (LGES) ranked third with 68.3 GWh, up 0.9% year-on-year, while its share fell to 8.1% from 9.6% a year earlier.
LGES continued supplying Tesla (NASDAQ: TSLA), GM, Hyundai Motor Group and Volkswagen, but its growth lagged well behind the overall market, SNE Research said.
Its battery installations in North America fell 42.3% year-on-year to 14.6 GWh, offsetting gains in Europe and Asia.
China’s CALB (HKEX: 3931) ranked fourth with 44.4 GWh, up 32.6% year-on-year, while its share rose to 5.3% from 4.7% a year earlier.
China’s Gotion High-tech (SZSE: 002074) ranked fifth with 41.5 GWh, up 47.1% year-on-year, while its share rose to 4.9% from 4.0% a year earlier.
Japan’s Panasonic ranked sixth with 29.7 GWh, up 1.8% year-on-year. Tesla’s North American sales supported its battery installations, but its share still fell to 3.5% from 4.1%.
China’s Eve Energy (SZSE: 300014) ranked seventh with 29.5 GWh, up 53.9% year-on-year, while its share rose to 3.5% from 2.7% a year earlier.
South Korea’s SK On remained the only company in the top 10 to record a decline in battery installations, down 14.5% year-on-year to 24.9 GWh, while its share shrank to 2.9% from 4.1%.
China’s Svolt Energy ranked ninth with 22.0 GWh, up 39.3% year-on-year, while its share rose to 2.6% from 2.2% a year earlier.
China’s Rept Battero Energy (HKEX: 666) saw battery installations surge 126.3% to 20.3 GWh, retaining tenth place, while its share rose to 2.4% from 1.3%.
The 7 Chinese companies in the top 10 held a combined 73.3% share, up 3.6 percentage points from 69.7% a year earlier and above the 72.8% recorded in January through July.
Battery installations grew 29.2% year-on-year in Europe, 16.9% in China, 76.0% in Asia excluding China and 179.9% in South America.
North America recorded a 23.7% year-on-year decline to 73.1 GWh. SNE Research said the shortfall in US EV demand persisted, with battery manufacturers shifting some EV battery production lines to energy storage systems (ESS).
China’s EV battery installations reached 79.0 GWh in August, up 5.9% from July, though year-on-year growth slowed.
