CATL maintained its clear global leadership in electric vehicle batteries in the first quarter of 2026. It achieved a 40.7% market share and installations of 99.5 GWh, representing year-over-year growth of 15.2%. BYD remained the second-largest manufacturer of electric vehicle batteries, but its market share fell from 16.2% to 13.7%. From January to March 2026, it reached approximately 33.5 GWh, mainly due to weaker sales of its own vehicles in China. Global battery usage in electric vehicles reached 244.6 GWh in the first quarter of 2026, up 9.1% year-over-year. Korean manufacturers lost ground, with their combined market share falling to 15.6% following weaker demand in the U.S. cnevpost.com 🇬🇧