Chinese Battery Maker SVOLT Begins Mass Production of 80 kWh PHEV Battery
On April 16, SVOLT Energy Technology launched mass production of its 80 kWh plug-in hybrid battery pack “Fortress 2.0” at…
Latest in EV news, technologies, data and insights from China market
On April 16, SVOLT Energy Technology launched mass production of its 80 kWh plug-in hybrid battery pack “Fortress 2.0” at…
Global electric vehicle battery installations rose to 135 GWh in early 2026, with Chinese manufacturers dominating 69.7% market share, despite BYD’s decline.
CATL and BYD retained a combined 67% market share, with ternary competition concentrated among leading suppliers.
Yang stressed that solid-state batteries remain in an exploratory phase of technological development and criticized what he described as excessive hype within parts of the industry and capital markets.
SVOLT expects battery shipments to reach 61 GWh in 2026, up 50% from 41 GWh in 2025.
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.
SVOLT is currently developing a second-gen 400 Wh/kg semi-solid-state cell and plans to complete 450 Wh/kg pouch validation by 2028.
In September 2025, China’s total power battery installations reached 76,051 MWh, up 39.5% year-on-year.