In September 2026, China's total production of power and energy storage batteries reached 237.8 GWh, marking a 57.3% year-on-year increase. From January to September, the cumulative production hit 1833.1 GWh, up 63.4% compared to the same period last year.
September sales totaled 222.7 GWh, with power batteries accounting for 149.2 GWh and energy storage batteries for 73.5 GWh. Cumulative sales for the first nine months reached 1681.7 GWh, showing a 57.6% year-on-year growth.
Exports of power and energy storage batteries in September amounted to 44.0 GWh, representing 19.7% of total sales. For the January-September period, cumulative exports reached 302.9 GWh, a 51.6% increase year-on-year.
Domestic power battery installations in September totaled 87.2 GWh, a 14.7% increase year-on-year. Lithium iron phosphate batteries dominated with 74.5 GWh, while ternary batteries accounted for 12.3 GWh.
For the first nine months of 2026, cumulative installations reached 576.3 GWh. CATL led the market with a 40.92% share and 35.49 GWh, followed by BYD with a 21.09% share and 18.29 GWh.
