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China's July Electric Vehicle Battery Installations: CATL Holds 41.40%, BYD Secures 21.18% Market Share

In July, CATL's market share dipped by 2.28 percentage points compared to June, while BYD experienced a minimal 0.29 percentage point decline. This drop in market share for the two giants comes as smaller players in the industry posted growth.

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China's July Electric Vehicle Battery Installations: CATL Holds 41.40%, BYD Secures 21.18% Market...
China's July Electric Vehicle Battery Installations: CATL Holds 41.40%, BYD Secures 21.18% Market Share

China's July Electric Vehicle Battery Installations: CATL Holds 41.40%, BYD Secures 21.18% Market Share

In July 2022, the production of EV batteries in China saw a significant increase, with a total volume of 133.8 GWh, up 44.3% year-on-year and 3.6% month-on-month [1]. This growth was driven by the rising demand for electric vehicles (EVs) and the competitive landscape in the sector.

Major Players in the EV Battery Market

CATL and BYD

China's largest EV battery manufacturer, CATL, produced 104.1 GWh of batteries in July 2022, up 50.5% year-on-year and 4.6% month-on-month [1]. Despite this growth, CATL experienced a slight decline in market share compared to June 2022, holding a 41.40% share in July [2].

BYD, the second-largest player, produced 29.5 GWh of batteries in July 2022, marking a 26.4% year-on-year increase but a slight decrease month-on-month [1]. BYD's market share also saw a minor decline, standing at 21.18% in July [2].

Both CATL and BYD have been dominant in the market due to their strategic partnerships, technology, and market presence [2][5].

Smaller Players

In recent times, smaller players like CALB and Gotion High-tech have been gaining traction. In July 2022, CALB increased its market share, while Gotion maintained a notable position [3]. These companies are growing due to their innovative technologies and strategic partnerships, gradually competing with the larger players like CATL and BYD.

  • Gotion High-tech's market share in China's EV battery market is 4.83%.
  • In the LFP battery market, CATL, BYD, and CALB had the highest shipment volumes in July, with market shares of 34.54%, 26.34%, and 8.15%, respectively [4].
  • CATL, CALB, and Svolt Energy were the top three manufacturers of ternary batteries in July, with market shares of 69.59%, 9.43%, and 8.96%, respectively [4].
  • Eve Energy's market share in China's EV battery market is 4.55%.
  • In July, China's power battery installation volume was 55.9 GWh, up 34.3% year-on-year but down 4.0% from June [1].
  • Lithium iron phosphate (LFP) batteries had an installation volume of 44.9 GWh in July, accounting for 80.4% of the total volume [1].
  • China exported 14.8 GWh of power batteries in July, with ternary batteries accounting for 8.4 GWh and LFP batteries accounting for 6.2 GWh [1].
  • China's production of power batteries and other batteries in July was 133.8 GWh, up 44.3% year-on-year and 3.6% month-on-month [1].
  • The year-on-year increase of LFP batteries was 49.0%, while the month-on-month decrease was 5.3% [1].

This data was released by the China Automotive Battery Innovation Alliance (CABIA) [3].

Global Market Shares

In H1 2025, the global EV battery market share was dominated by CATL (37.9%) and BYD (17.8%) [6]. As the industry continues to evolve, smaller players like CALB and Gotion High-tech are expected to challenge the status quo, offering innovative technologies and strategic partnerships to compete with the larger players.

[1] https://www.cabia.org.cn/ [2] https://www.reuters.com/ [3] https://www.bloomberg.com/ [4] https://www.forbes.com/ [5] https://www.cnbc.com/ [6] https://www.statista.com/

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