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China’s CATL and BYD Control 55% of Global EV Battery Market
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 ...
Oil storage tanks at Tsing Yi port in Hong Kong on March 17, 2026. (Photo by Peter PARKS / AFP)
China's ban on exports of diesel, gasoline and jet fuel is poised to exacerbate fuel shortages and further boost prices for Asian industry and transportation buyers already grappling with tightening supplies caused by the U.S.-Israeli war against Iran. Even before the ban, ...
China’s CATL and BYD Control 55% of Global EV Battery Market
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 ...