In the first half of 2025, the global market share of electric vehicle batteries is indicated with CATL holding a substantial 37.9% and BYD accounting for 17.8% of the sector.
Global EV Battery Market Grows Rapidly in H1 2025
The global EV battery market witnessed significant growth in the first half of 2025, according to data released by SNE Research, a South Korean market research firm. The total installed capacity reached 504.4 GWh, a 37.3% increase from the same period in the previous year.
Leading the market was Contemporary Amperex Technology Co. Limited (CATL), the Chinese battery supplier that maintained its position as the world's top EV battery supplier with a 37.9% market share and 190.9 GWh of battery installations. CATL's market share, however, was slightly lower than its 38.1% share in January-May 2025.
In second place was BYD Company Ltd, another Chinese battery supplier, with a 17.8% market share and 89.9 GWh of battery shipments. This represented a 58.4% increase from the same period in the previous year. The combined EV battery installations of CATL and BYD in the first half of 2025 stood at 280.8 GWh, accounting for 55.7% of the global total.
South Korea's LG Energy Solution held the third position with a 9.4% market share and 47.2 GWh of battery installations, a decrease from its 12.3% share in the same period the previous year. Other key players and their approximate market shares and installed capacities in H1 2025 were:
- CALB: 4.3% market share
- SK On: 3.9% market share
- Panasonic: 3.7% market share, up two places from January-May
- Gotion High-tech: 3.6% market share
- Samsung SDI: 3.2% market share
- Eve Energy: 2.7% market share
- Svolt Energy: 2.6% market share
China's EV battery installations in June were dominated by CATL with a 43.67% share, and BYD with 21.47% share. South Korea's SK On ranked fifth with a 3.9% share in January-June. Svolt Energy ranked tenth with a 2.6% share in the same period.
The market remains dominated by Chinese companies CATL and BYD, with South Korea’s LG Energy Solution third, while other suppliers have smaller but significant shares. The rapid growth of the global EV battery market is expected to continue as the demand for electric vehicles continues to increase.
[1] SNE Research, "Global EV Battery Market in H1 2025: CATL and BYD Lead with 37.9% and 17.8% Market Shares, Respectively," [URL not provided]
[2] SNE Research, "Global EV Battery Market in H1 2025: Market Total Reaches 504.4 GWh, Up 37.3% Year-on-Year," [URL not provided]
- The growth of the global electric vehicle (EV) battery market is driven largely by Chinese battery suppliers, such as Contemporary Amperex Technology Co. Limited (CATL) and BYD Company Ltd.
- In the first half of 2025, CATL, a Chinese battery supplier, maintained its position as the world’s top EV battery supplier with a 37.9% market share.
- The rapid expansion of the EV market is linked to the increasing demand for renewable-energy solutions, which requires advanced technology, data-and-cloud-computing, and finance investments.
- The global EV battery market is receiving significant attention from companies like BYD, as their battery shipments represented a 58.4% increase from the same period in the previous year.
- Countries like South Korea are also making their mark in the EV battery industry with companies like LG Energy Solution, holding the third position with a 9.4% market share in the first half of 2025.
- The global EV battery market is poised to continue its rapid growth as the electric vehicle market continues to expand, necessitating ongoing advancements in battery technology.
