CALB Signs 220 MWh Battery Storage Contract in Japan
CALB signs a 220MWh deal with Japan’s GRF, expanding its energy storage presence significantly.
Latest in EV news, technologies, data and insights from China market
CALB signs a 220MWh deal with Japan’s GRF, expanding its energy storage presence significantly.
Global electric vehicle battery installations increased to 244.6 GWh in Q1, with China dominating the market significantly.
Global electric vehicle battery installations rose to 135 GWh in early 2026, with Chinese manufacturers dominating 69.7% market share, despite BYD’s decline.
China’s battery output surged 19% in February 2026, but installation rates and consumer demand significantly declined.
The top ten battery manufacturers recorded combined installations of 24.8 GWh, accounting for 94.3% of total installations.
Chinese battery suppliers dominated global market with a combined 73.3% share among the top 10 companies.
China’s demand for LFP materials is expected to reach 6 million tonnes in 2026, with overall industry growth expected to remain in the 40%–50% range.
Six of the world’s top 10 EV battery manufacturers by installed capacity are Chinese companies, with a combined 644.4 GWh and a 68.9% global market share.
China’s NEV market surged in 2025, with significant production increases and evolving powertrain supplier dynamics noted in the report.
In Jan–Sep 2025, six Chinese companies ranked among the global top 10 in EV battery installations, with CATL and BYD accounting for 54.5% of the total.