Global EV Battery Usage Hits 608.5 GWh in H1 2026: CATL at 39.9%, BYD 14.4%
Global power battery usage for electric vehicles surged to 608.5 GWh in H1 2026, driven by strong Chinese manufacturers dominating the market.
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Global power battery usage for electric vehicles surged to 608.5 GWh in H1 2026, driven by strong Chinese manufacturers dominating the market.
China’s power battery industry is moving to standardize supplier payment practices, following similar commitments made earlier by automakers.
Volvo’s EX30 recall affects 2,501 Chinese vehicles due to battery issues, highlighting broader quality concerns across Geely’s brands.
Global electric vehicle battery installations increased to 244.6 GWh in Q1, with China dominating the market significantly.
Geely’s Polestar will recall 1,473 Polestar 4 EVs due to battery defects, implementing replacements and monitoring for safety.
Sunwoda Power has become Tesla’s fifth battery supplier, shifting to direct cell sourcing to optimize costs and enhance market positioning.
Sunwoda expects the settlement to impact its net profit attributable to shareholders in 2025 by RMB 500–800 million ($72–115 million).
On the battery front, LFP remains dominant, accounting for over 99% of installations, while CATL retained the top supplier position with a 60% share, followed by EVE Energy, REPT Battero and BYD.
This marks the second delivery delay for the Li Auto i6; in response, the company has announced three compensation options for affected customers.
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.