CATL, BYD Lead China Battery Market as March Installations Reach 56.5 GWh
In March 2026, China’s battery production and sales surged, with significant year-on-year growth in power and energy storage batteries.
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In March 2026, China’s battery production and sales surged, with significant year-on-year growth in power and energy storage batteries.
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.
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.
In Oct, CATL led the market with 36.14 GWh of battery installations, followed by BYD with 17.89 GWh, both constituting more than 60% of the total market share in China.
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.