Global EV battery usage reached 994.5 GWh in the first nine months of 2026, marking a 19.7% year-on-year increase. September set a monthly record with 145.1 GWh of installations, though growth slowed to 15.8%.
CATL maintained its lead with a 39.1% market share and 389.2 GWh installed. BYD followed with 150.9 GWh, representing a 15.2% share. Together, these two companies account for 54.3% of the global market.
LG Energy Solution ranked third with 81.9 GWh, capturing an 8.2% share. The company faced a 44.9% decline in North American installations, which offset growth in Europe and Asia. SK On also saw a significant drop, with installations falling 18.1% to 28.3 GWh.
Chinese manufacturers continue to dominate, with seven companies in the top ten holding a combined 73.0% market share. Gotion High-tech moved to fourth place with 50.3 GWh, narrowly surpassing CALB. Eve Energy rose to sixth, while Panasonic dropped to seventh.
Rept Battero Energy saw the highest growth among the top ten, with installations surging 118.7% to 24.2 GWh. Meanwhile, the market share for lithium iron phosphate batteries increased to 57.7%, and the average battery capacity per vehicle rose 11.2% to 39.7 kWh.
