Global EV battery market share in January-May 2026: CATL 40.2%, BYD 14.4%

CnEVPost07-03 13:16

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This was higher than the 38.0% recorded in the same period last year.\nBYD, ranked second globally, delivered a lackluster performance in the first five months of 2026, recording total battery installations of 67.6 GWh during the period, a mere 0.4% increase compared with the same period last year.\nBYD's global market share for January-May was 14.4%, down from 16.7% a year earlier.\nThe combined market share of the two Chinese giants reached 54.6%, underscoring the dominance of Chinese firms in the EV battery market.\nSouth Korea's LG Energy Solution (LGES) ranked third globally with battery installations of 41.0 GWh in January-May.\nAlthough LGES's total usage rose 7.3% year-on-year, its market share slipped to 8.7% from 9.5% a year earlier, as the overall market grew at a faster pace.\nChina's CALB (HKEX: 3931) recorded EV battery installations of 23.8 GWh in the January-May period, up 36.3% year-on-year. It ranked fourth with a 5.1% share, higher than the 4.3% recorded a year earlier.\nChina's Gotion High-tech (SZSE: 002074) followed closely in fifth place with a 4.6% share. Its installations reached 21.7 GWh, representing year-on-year growth of 37.0% during the period.\nSouth Korea's SK On suffered a notable decline, with its battery installations falling 5.8% year-on-year to 15.8 GWh.\nThe company ranked sixth globally with a 3.4% share, down from 4.2% a year earlier, largely attributable to a slowdown in EV sales among its major customers in North America and Europe.\nChina's Eve Energy (SZSE: 300014) ranked seventh with installations of 15.4 GWh, up 35.2% year-on-year, giving it a 3.3% share.\nJapan's Panasonic recorded installations of 15.1 GWh during the period, down 8.5% from a year earlier.\nIts 3.2% share placed it eighth globally, down from 4.1% a year earlier, mainly due to a slowdown in sales growth in certain regions for its key customer Tesla (NASDAQ: TSLA).\nChina's Svolt Energy and Sunwoda (SZSE: 300207) ranked ninth and tenth in the global market with battery installations of 12.1 GWh and 11.4 GWh, respectively. Their shares stood at 2.6% and 2.4%, respectively.\nThe two Chinese companies posted year-on-year installation growth of 35.3% and 13.8%, respectively, during the January-May period.\nAmong the top 10 companies globally, seven were Chinese firms, together accounting for 72.6% of the global market share.\nThis combined share rose 2.1 percentage points from the same period last year, further squeezing the market space of their Japanese and South Korean rivals.\n\n\n\n\n\n\n\n\n\nTop battery makers' shares in China in May: CATL 46.14%, BYD 16.56% - CnEVPost\nCATL remained China's largest power battery maker in May, though its share edged down 0.51 percentage points from April.\n\n\nBattery\nJun 11, 2026","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2648265324","isCrawlerRequest":true}