China’s CATL and BYD Control 55% of Global EV Battery Market

A CATL Naxtra battery is seen at a CATL booth during the China International Supply Chain Expo (CISCE) in Beijing on July 16, 2025. China's CATL and BYD supplied 54.9% of global EV battery usage in Jan–Nov 2025 as demand rose 32.6% to 1,046 GWh, SNE Research data show. (Photo / Jade GAO / AFP)
A CATL Naxtra battery is seen at a CATL booth during the China International Supply Chain Expo (CISCE) in Beijing on July 16, 2025. China's CATL and BYD supplied 54.9% of global EV battery usage in Jan–Nov 2025 as demand rose 32.6% to 1,046 GWh, SNE Research data show. (Photo / Jade GAO / AFP)

Two Chinese EV battery companies, CATL and BYD, accounted for more than half of global electric-vehicle battery usage from January through November 2025, according to data released by South Korean market research firm SNE Research.

Global EV battery usage totaled 1,046 gigawatt-hours over the 11-month period, up 32.6% from 788.9 GWh during the same period last year.

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