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Deepening Competition in the Global Power Battery Market: Chinese Companies Lead Continuous Expansion in Market Share

Release time:

2025-12-15

Deepening Competition in the Global Power Battery Market: Chinese Companies Lead Continuous Expansion in Market Share

The latest industry tracking data indicates that the competitive landscape of the global power battery market is undergoing a new round of profound adjustment. From January to October 2025, Chinese power battery companies, represented by CATL and BYD, collectively demonstrated strong performance. Their share of the global market has risen to 68.9%, occupying four of the top five spots worldwide, showcasing undeniable cluster advantages.

In contrast, the combined market share of South Korea's three major battery manufacturers declined to 16% during this period. This significant change highlights the evolution of the global industry's center of gravity and competitive dynamics. Particularly noteworthy is the breakthrough progress Chinese companies have made in overseas markets, especially in Europe. Data shows that BYD's electric vehicle battery deployment in Europe saw a substantial year-on-year increase of 216%, becoming a crucial force driving changes in the market structure.

This shift in market share is not accidental. It reflects the comprehensive competitiveness of Chinese companies in areas such as technological innovation (e.g., the adoption and iteration of lithium iron phosphate technology), cost advantages from scaled manufacturing, and an increasingly robust localized supply chain system. Simultaneously, facing a complex international trade environment, leading Chinese battery companies are accelerating the construction of production bases in Europe, Southeast Asia, and other regions, deepening their global footprint to serve international customers and enhance supply chain resilience.

Currently, competition in the power battery industry has moved beyond simple capacity comparisons, entering a new stage of comprehensive competition centered on forward-looking technology roadmaps, supply chain security, total lifecycle cost, and sustainable development capabilities. The continuous expansion of market share will further solidify the influence of Chinese companies in setting global battery technology standards and industrial chain investments.

As witnesses and participants in the industry's development, we will continue to monitor this dynamic evolution. We are committed to providing more advanced and reliable solutions for the global energy transition through sustained technological research, development, and cooperation.