CATL Leads China Power Battery Market With 41.45% Share in August
China’s power and energy storage battery output surged 69.8% in August, driven by strong domestic and export demand.
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China’s power and energy storage battery output surged 69.8% in August, driven by strong domestic and export demand.
EVE Energy signed a partnership with China Railway Beijing Engineering for 5 GWh energy storage projects, highlighting growing industry demand and innovative products.
Global EV battery usage rose 20.4% to 725.2 GWh in 2023, dominated by Chinese suppliers like CATL and BYD.
In July 2026, China’s power battery production reached 218 GWh, with strong growth in exports and installations driven by NEV demand.
Global EV battery use reached 608.5 GWh in H1 2026, up 20%. CATL led with a 39.9% share, while BYD ranked second at 14.4%.
Global ESS shipments rose 71% to 461.3 GWh in H1 2026. CATL led with 125 GWh and a 27.1% share as Chinese suppliers took the top 10.
China aims for electric heavy trucks to represent 40% of new sales by 2030, with significant infrastructure support and rapid growth expected.
New Chinese EV safety standards effective July 1 enhance crash protection and battery safety, emphasizing hardware solutions and real-world testing.
China’s battery industry showed significant growth in May 2026, led by NEV demand and LFP technology dominance.
NIO rejects U.S. military ties after being added to the Chinese Military Companies list, seeking corrections.