Battery installations for electric and hybrid vehicles in markets outside China reached 426.7 GWh from January through September 2026, up 24.7% year on year, according to SNE Research. Growth exceeded the global rate of 19.7%, with stronger demand in Europe and Asia compensating for weakness in North America. The figures include battery-electric vehicles, plug-in hybrids and hybrids.
CATL remained the largest supplier, with 143.7 GWh installed and a 33.7% share, up from 28.6% a year earlier. Its volume grew 46.7%; installations rose 35.4% in Europe and more than doubled in Asia excluding China. BYD ranked third, expanding 66.8% to 45.9 GWh and increasing its share from 8.0% to 10.8%. The two companies together held 44.5% of the market. Six Chinese suppliers in the top 10 accounted for 56.4%, compared with 43.1% a year earlier.
The combined volume of LG Energy Solution, SK On and Samsung SDI fell 13.5% to 113.0 GWh, reducing their share to 26.5% from 38.2%. Their North American installations dropped to 28.1 GWh from 56.1 GWh. Panasonic ranked fourth, while Chinese suppliers Gotion, Svolt, CALB and Eve Energy also placed in the top 10; Eve recorded the fastest growth among those suppliers, rising 214.6% to 9.5 GWh.
LFP batteries increased their share outside China to 27.7%, from 15.8%, as automakers in Europe looked to lower-cost options for entry-level vehicles. SNE also pointed to Chinese firms’ European production expansion, including trial production at CATL’s Debrecen plant in Hungary, and said local supply, pricing and traceability—including Battery Passport rules due in February 2027—will influence competition. South Korean suppliers, meanwhile, are shifting some capacity toward energy-storage batteries amid softer North American EV demand after tax credits ended.