ChinaSeven of the ten largest EV battery suppliers are Chinese, and together they accounted for 73.3% of the batteries installed in new electric and hybrid vehicles worldwide from January to August 2026, according to SNE Research. A year earlier the same seven companies held 69.7%. SNE’s count covers battery-electric cars, plug-in hybrids and conventional hybrids sold in 80 countries.
Installations reached 844.2 GWh over the eight months, up 19.7% year on year. August alone accounted for 116.8 GWh, up 14.3%.
EV battery capacity installed worldwide in BEVs, PHEVs and HEVs, GWh, January-August 2026. Red bars are Chinese makers.
CATL installed 333.0 GWh, a 39.4% share and 1.7 points more than a year earlier. BYD was second on 127.9 GWh. Its 6.2% growth trailed the market, so its share fell from 17.1% to 15.1%. Between them the two companies hold 54.5%.
Rept more than doubled its volume, up 126.3% to 20.3 GWh, and took tenth place. CALB, Gotion, Eve Energy and Svolt grew between 32.6% and 53.9%.
The three suppliers from outside China all grew more slowly than the market or shrank. LG Energy Solution stayed third on 68.3 GWh, up 0.9%, and its share fell from 9.6% to 8.1%. Panasonic grew 1.8%. SK On dropped 14.5% to 24.9 GWh, which SNE links in part to a 41.8% fall in its North American volume. With US EV demand still weak, SNE notes, battery makers have switched some production lines to energy storage systems.
CATL’s net profit for the first quarter of 2026 was larger than the combined profit of seven of China’s biggest carmakers.
Source: SNE Research, January-August 2026 global EV battery usage release
