<div id="readability-page-1"><blockquote> <ul> <li>CATL and BYD's combined EV battery installations in January-March amounted to 121.9 GWh, accounting for 55.0 percent of the global market.</li> <li>CATL's share in January-March increased slightly from January-February, while BYD declined slightly.</li> </ul> </blockquote> <p><img src="https://imageproxy.pbkrs.com/https://img.cnevpost.com/2025/05/07110156/2025050703015685.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="631" original-src="https://imageproxy.pbkrs.com/https://img.cnevpost.com/2025/05/07110156/2025050703015685.jpg"/></p> <p>CATL (SHE: 300750) and BYD (HKG: 1211, OTCMKTS: BYDDY) remained the world's two largest electric vehicle (EV) battery makers in the first quarter.</p> <p>Global EV battery usage in the January-March period totaled 221.8 GWh, up 38.8 percent from 159.8 GWh in the same period last year, according to data released today by South Korean market researcher SNE Research.</p>  <p>CATL installed 84.9 GWh of EV batteries in January-March, up 40.2 percent from 60.6 GWh in the same period last year.</p> <p>The Chinese power battery giant continued to rank first in the world with a 38.3 percent share in the January-March period, and remained the only battery supplier in the world with a market share of more than 30 percent.</p> <p>This is higher than its January-March 2024 share of 37.9 percent and slightly higher than its January-February 2025 share of 38.2 percent.</p> <p>BYD's EV battery installations were 37.0 GWh in January-March, up 62.0 percent from 22.8 GWh in the same period last year.</p> <p>The company ranked second in the January-March period with a 16.7 percent share, up from 14.3 percent in the January-March 2024 period but slightly lower than the 16.9 percent in the January-February 2025 period.</p> <p>LG Energy Solution's installed volume was 23.8 GWh in the January-March period, up 15.1 percent year-on-year.</p> <p>The South Korean company continued to rank third in the January-March period with a 10.7 percent share, down from 12.9 percent a year earlier but up from 9.8 percent in the January-February 2025 period.</p> <p>South Korea's SK On was fourth with a 4.7 percent share, China's CALB was fifth with a 3.9 percent share, and Gotion High-tech was sixth with a 3.5 percent share.</p> <p>South Korea's Samsung SDI, Japan's Panasonic, China's Eve Energy, and Svolt Energy ranked seventh, eighth, ninth, and tenth, respectively, with shares of 3.3 percent, 3.3 percent, 2.6 percent, and 2.5 percent in the January-March period.</p>                <div>         <div>             <p><img src="https://imageproxy.pbkrs.com/https://img.cnevpost.com/2025/04/11180445/2025041110044525.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="803" original-src="https://imageproxy.pbkrs.com/https://img.cnevpost.com/2025/04/11180445/2025041110044525.jpg"/>                              </p>         </div>         <div>             <p>China EV battery installations in Mar: CATL share 42.38%, BYD 24.52%</p>             <p>BYD's share increased by 0.90 percentage points in March from February, while CATL's fell by 2.07 percentage points.</p>                      </div>     </div>                                                          </div>

300750

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<p>In the first quarter of 2025, CATL and BYD dominated the global EV battery market, with a combined share of 55%. CATL led with 38.3% and installed 84.9 GWh, while BYD followed with 16.7% and 37.0 GWh. Overall, global EV battery usage rose 38.8% year-on-year to 221.8 GWh. Other notable players included LG Energy Solution (10.7%) and SK On (4.7%). In March, CATL's share was 42.38% and BYD's was 24.52%.</p>

- CATL and BYD's combined EV battery installations reached 121.9 GWh in Q1 2025, representing 55.0 percent of the global market.  
- CATL maintained its position as the leading EV battery maker with an installed volume of 84.9 GWh, while BYD followed with 37.0 GWh, reflecting significant year-on-year growth for both companies.  
- Global EV battery usage increased by 38.8 percent to 221.8 GWh compared to the same period last year, with CATL holding a 38.3 percent market share and BYD at 16.7 percent.  

Global EV battery market share in Jan-Mar 2025: CATL 38.3%, BYD 16.7%