In the first half of 2025, the Chinese battery manufacturer CATL held a significant lead in the Electric Vehicle (EV) market, accounting for 37.9% of the market share, with the second-place contender, BYD, claiming 17.8% of the market.
Global EV Battery Market Dominance in H1 2025
China's CATL and BYD have solidified their positions as the leading players in the global EV battery market, according to data released by SNE Research, a South Korean market research firm. In the first half of 2025, these two companies accounted for nearly 56% of the market share.
CATL maintained its position as the world's top supplier of EV batteries, with a 37.9% share. The company installed 190.9 gigawatt-hours (GWh) of batteries, making it the only supplier with more than 30% market share. BYD followed closely, holding the second position with a 17.8% market share, shipping 89.9 GWh. Notably, BYD's share increased compared to the previous year.
LG Energy Solution ranked third with a 9.4% share, shipping 47.2 GWh. However, this was a decline from its 12.3% share a year earlier. South Korea's SK On ranked fifth with a 3.9% share, while Japan's Panasonic ranked sixth with a 3.7% share, up two places from January-May.
China's Gotion High-tech ranked seventh with a 3.6% share, China's Eve Energy ranked ninth with a 2.7% share, and Svolt Energy ranked tenth with a 2.6% share. South Korea's Samsung SDI rounded out the top eight with a 3.2% share.
The total global EV battery installations in H1 2025 reached 504.4 GWh, reflecting a 37% year-over-year growth, underscoring rising EV demand worldwide. Notably, no other battery supplier had a market share exceeding 30%.
In June, China's EV battery installations saw CATL holding a 43.67% share, while BYD had a 21.47% share. CALB ranked fourth with a 4.3% share.
This dominance by CATL and BYD in the global EV battery market is significant, as it indicates the growing importance of these companies in the electric vehicle industry. As the demand for electric vehicles continues to grow, it will be interesting to see how these companies continue to shape the market in the coming years.
- BYD, a Chinese automobile and energy storage company, held the second position in the global EV battery market in H1 2025, with a 17.8% market share.
- The total global EV battery installations in H1 2025 reached 504.4 GWh, a 37% year-over-year growth, indicating a rise in EV demand worldwide.
- CATL, a Chinese battery company, was the world's top supplier of EV batteries in H1 2025, maintaining a 37.9% share of the market and installing 190.9 GWh of batteries.
- Data and cloud computing technology play a crucial role in the global EV battery market, enabling companies to analyze and optimize battery performance, production, and supply chain.