<div id="readability-page-1"><blockquote><ul><li>The combined EV battery installation volume of CATL and BYD in January was 42.4 GWh, accounting for 59.0% of the global total.</li><li>The combined market share of the three major South Korean battery manufacturers dropped to 12%.</li></ul></blockquote>                    <div id="world-battery-makers-jan-2026-69aa4bbd40512-wrap">        <p>Market share of world's top EV battery makers (Jan 2026)</p>                                                    </div>        <div>        <table>            <caption>Market Share of World's Top EV Battery Makers (Jan 2026)</caption>            <thead>                <tr>                    <th scope="col">Company</th>                    <th scope="col">Market Share (%)</th>                    <th scope="col">Installations (GWh)</th>                </tr>            </thead>            <tbody>                                <tr>                    <td>CATL</td>                    <td>45.2%</td>                    <td>32.5</td>                </tr>                                <tr>                    <td>BYD</td>                    <td>13.8%</td>                    <td>9.9</td>                </tr>                                <tr>                    <td>LG Energy Solution</td>                    <td>6.6%</td>                    <td>4.7</td>                </tr>                                <tr>                    <td>CALB</td>                    <td>5.3%</td>                    <td>3.8</td>                </tr>                                <tr>                    <td>Panasonic</td>                    <td>4.3%</td>                    <td>3.1</td>                </tr>                                <tr>                    <td>Gotion High-tech</td>                    <td>3.9%</td>                    <td>2.8</td>                </tr>                                <tr>                    <td>SK On</td>                    <td>3.2%</td>                    <td>2.3</td>                </tr>                                <tr>                    <td>Svolt</td>                    <td>2.7%</td>                    <td>1.9</td>                </tr>                                <tr>                    <td>Eve Energy</td>                    <td>2.4%</td>                    <td>1.8</td>                </tr>                                <tr>                    <td>Samsung SDI</td>                    <td>2.2%</td>                    <td>1.6</td>                </tr>                                <tr>                    <td>Others</td>                    <td>10.4%</td>                    <td>7.5</td>                </tr>                            </tbody>        </table>    </div>            <p>CATL (HKG: 3750, SHE: 300750) saw its share of the global electric vehicle (EV) battery market grow year-on-year in January, while BYD (HKG: 1211) experienced a decline in its share due to decreased vehicle sales.</p><p>In January 2026, total global EV battery usage was about 71.9 GWh, up 10.7% year-on-year, according to data released on Friday by South Korean market research firm SNE Research.</p><p>Chinese power battery giant CATL maintained its position as the global number one. Its battery installation volume reached 32.5 GWh, a 25.7% increase from 25.9 GWh in the same period last year.</p>    <div>        <p><span>Join us on </span>            Telegram            <span> or </span>            Google News        </p>    </div><p>The company supplies Chinese automakers such as Seres, Xiaomi, Li Auto, and Geely Auto, and is also a major supplier to global automakers like Tesla (NASDAQ: TSLA), BMW, Mercedes-Benz, and Volkswagen.</p><p>CATL is also advancing the commercialization of sodium-ion batteries to strengthen its competitiveness in next-generation battery technologies, SNE Research noted.</p><p>BYD ranked second globally with a battery installation volume of 9.9 GWh. Although this represents a 1.9% decrease from 10.1 GWh in January 2025, its global ranking remained stable.</p><p>BYD's market share in January 2026 was 13.8%, down from 15.6% in January 2025.</p><p>BYD's sales in the Chinese market dropped by 23.4% in January, while its European market grew by 69.4% and other regions surged by 97.6%, SNE Research noted.</p><p>The top three South Korean battery makers saw a significant decline in their market shares. The combined share of LG Energy Solution, SK On, and Samsung SDI fell to 12%.</p><p>LG Energy Solution, SK On, and Samsung SDI ranked 3rd, 7th, and 10th with 4.7 GWh, 2.3 GWh, and 1.6 GWh, respectively.</p><p>LG Energy Solution's battery usage decreased by 14.9% year-on-year, SK On declined by 21.3%, and Samsung SDI dropped by 24.4%.</p><p>This change was primarily driven by a drop in demand in the US market, where EV sales fell by 30.2% year-on-year.</p><p>Samsung SDI mainly supplies batteries to brands like BMW, Audi, Rivian, and Land Rover, but sluggish sales of certain models dragged down its installation volume.</p><p>SK On's batteries are mainly used by automakers such as Hyundai Motor Group, Ford, Mercedes-Benz, and Volkswagen. LG Energy Solution's major clients include Tesla, Hyundai, Renault, and Volkswagen.</p><p>China's CALB (HKG: 3931) ranked fourth in January 2026 with an installation volume of 3.8 GWh and a 5.3% market share.</p><p>Japan's Panasonic ranked fifth globally in January with an installation volume of 3.1 GWh and a 4.3% share.</p><p>China's Gotion High-tech and Eve Energy ranked sixth and ninth with market shares of 3.9% and 2.4%, respectively.</p>    <div>        <div>            <p><img width="768" height="432" src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/02/2026020404041315-768x432.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/02/2026020404041315-768x432.jpg"/>                            </p>        </div>        <div>            <p>Global EV battery market share in 2025: CATL 39.2%, BYD 16.4%</p>            <p>CATL and BYD's combined EV battery installations in 2025 came in at 659.5 GWh, accounting for 55.6% of the global total.</p>                    </div>    </div>                                                                                    </div>

01211

03750

<p>In January 2026, CATL held a dominant 45.2% share of the global EV battery market, with installations of 32.5 GWh, while BYD accounted for 13.8% with 9.9 GWh. Together, they represented 59% of total global installations of 71.9 GWh, which increased by 10.7% year-on-year. The combined market share of major South Korean manufacturers fell to 12%. CATL's growth was attributed to increased demand, while BYD's share declined due to a drop in vehicle sales in China. Other notable players included LG Energy Solution and Panasonic, with shares of 6.6% and 4.3%, respectively.</p>

- In January 2026, the combined EV battery installation volume of CATL and BYD reached 42.4 GWh, representing 59.0% of the global market.  
- CATL maintained its leading position with 32.5 GWh installed, indicating a 25.7% increase from the previous year, while BYD's share declined due to a 23.4% drop in Chinese market sales.  
- South Korean manufacturers LG Energy Solution, SK On, and Samsung SDI experienced significant declines, reducing their combined market share to 12%, affected by lower demand in the US.

Global EV battery market share in Jan 2026: CATL 45.2%, BYD 13.8%