TOP 10 Overseas Power Battery Installations from January to April: 5 Chinese Companies Installed 56.4 Gwh, BYD to Catch Up

Recently, South Korean research institute SNE Research released data on global (excluding China) power battery installations from January to April 2025, which reached 132.6 GWh, up 26.8% YoY.

From the perspective of YoY changes in battery installations,among the TOP 10 companies, only Samsung SDI and Panasonic experienced a YoY decline in power battery installations from January to April 2025, while the remaining eight companies all achieved positive YoY growth. Among them, BYD, Tesla, and Gotion High-tech saw triple-digit YoY growth.

From the perspective of ranking changes,compared to January-April 2024, the rankings of the TOP 10 companies from January to April 2025 changed significantly. Except for CATL maintaining its first place and LGES its second place, SK On surpassed Samsung SDI, rising from fourth place in the same period last year to third place, while Samsung SDI slipped one position. Panasonic remained in fifth place, but the gap between BYD in sixth place and Panasonic is narrowing. Last year, Panasonic led BYD by a 6% market share, but now the gap is only 0.2%. In addition, except for Farasis Energy, which saw a slight 0.1% decline in market share in seventh place, Tesla, Gotion High-tech, and CALB, in eighth, ninth, and tenth places respectively, all increased their market shares compared to the same period last year.

Among the TOP 10 enterprises from January to April 2025,Chinese companiesstill accounted for five, namely CATL, BYD, Gotion High-tech, Farasis Energy, and CALB. The total battery installations of Chinese companies in the overseas power battery market reached 56.4 GWh, with a market share of 42.6%.

Specifically, from January to April 2025, CATL continued to maintain its global first place in the overseas power battery market share, increasing to 29.6%, with battery installations of 39.3 GWh, up 36% YoY. It is worth noting that CATL was officially listed and began trading on the main board of the Hong Kong Stock Exchange on May 20, and may further advance its global strategic layout, build an international capital operation platform, and accelerate the further increase of its overseas market share.

BYD's battery installations reached 9.1 GWh, up 127.5% YoY, with its market share increasing from 3.8% in the same period last year to 6.9%, maintaining its sixth-place ranking. SNE stated that BYD is expanding its local production and supply chain to increase its market share in overseas markets, particularly accelerating its entry into the South Korean and European markets.

Farasis Energy's battery installations reached 2.9 GWh, up 20.8% YoY, with a market share of 2.2%, ranking seventh, and its ranking rose by two positions compared to January-March 2025.

Gotion High-tech's battery installations reached 2.6 GWh, up 100% YoY, with a market share of 2%, ranking ninth, and its ranking dropped by two positions compared to January-March 2025.

CALB recorded battery installations of 2.5 GWh, up 47.1% YoY, with a market share of 1.9%, ranking tenth.

For Korean companies,from January to April 2025, the market share of the three major Korean battery companies was 39.7%, down 5.1% YoY, with total battery installations reaching 52.6 GWh. LGES, SK On, and Samsung SDI ranked second, third, and fourth respectively in the TOP10 rankings, maintaining strong competitive strength.

Specifically, LGES's battery installations were 28.9 GWh, up 15.6% YoY, with its market share declining to 21.8%.

SK On's battery installations were 13.4 GWh, up 24.1% YoY, the highest growth rate among Korean battery companies, though its market share declined to 10.1%, a slight decrease YoY.

Samsung SDI's battery installations were 10.3 GWh, down 11.2% YoY, with a market share of 7.8%, primarily due to reduced demand for batteries from automakers in the European and North American markets.

SNE stated that the aggressive expansion of Chinese battery companies in Europe is emerging as a new challenge for Korean battery companies. Major Chinese enterprises such as CATL and BYD are strengthening their partnerships with local automakers by prioritizing price competitiveness and production speed. In response, Korean battery companies are accelerating the commercialization of high-energy-density batteries and next-generation battery technologies based on technological competitiveness, and are stabilizing their supply chains and enhancing market responsiveness by establishing joint ventures and expanding local production in Europe.

For Japanese companies,Panasonic ranked fifth, with battery installations of 9.4 GWh, down 8.7% YoY, and its market share further declining to 7.1%. Reports indicate that Panasonic is restructuring its supply chain in response to the recently imposed tightened tariffs on Chinese batteries and raw materials, and is formulating a strategy to increase the proportion of local production in North America.

For US companies,after making a strong debut on the rankings in 2024, Tesla's ranking continued to rise, reaching seventh place at one point. From January to April, Tesla's installations reached 2.8 GWh, up 366.7% YoY, maintaining the highest growth rate among TOP10 companies, with its market share increasing to 2.1%, ranking eighth.

In addition, SNE previously released the latest data on global power battery installations from January to April 2025. The data showed that from January to April, global power battery installations reached 308.5 GWh, up 40.2% YoY.

In terms of ranking changes, compared to January-April 2024, among the TOP10 global power battery installation companies in January-April 2025, the scale effects and technological advantages of the TOP3 companies have reinforced their dominance, with CATL, BYD, and LGES maintaining their rankings.

The market landscape of the second and third-tier battery enterprises has undergone significant changes, with SK On, CALB, and Gotion High-tech moving up in the rankings: SK On rose from fifth to fourth place; CALB climbed from seventh to fifth place; Gotion High-tech advanced from ninth to sixth place; Samsung SDI slipped from fourth to seventh place; Panasonic fell from sixth to eighth place; EVE dropped from eighth to ninth place; SVOLT Energy Technology ranked tenth, being a new entrant compared to the period from January to April 2024.