Global EV battery usage reached 844.2 GWh between January and August 2026, marking a 19.7 percent year-on-year increase. In August alone, installations totaled 116.8 GWh, growing 14.3 percent compared to the same period last year.
CATL maintains the lead with 333.0 GWh installed, capturing a 39.4 percent market share. BYD follows in second place with 127.9 GWh and a 15.1 percent share. Together, these two companies account for 54.6 percent of the global market.
LG Energy Solution holds the third position with 68.3 GWh, though its market share dropped to 8.1 percent. The company reported a 42.3 percent decline in North American installations, which offset growth in other regions.
Chinese manufacturers continue to expand their presence, with seven companies now among the top ten globally. Collectively, these firms control 73.3 percent of the market, up from 69.7 percent a year ago.
Regional performance varied significantly, with battery installations rising 29.2 percent in Europe and 16.9 percent in China. Conversely, North America saw a 23.7 percent decline, reaching 73.1 GWh as manufacturers pivoted toward energy storage systems.
