Tesla Battery Maker CATL, Rival BYD Dominate Global EV Battery Market As Sector Records Nearly 35% Growth From January To August - BYD (OTC:BYDDY)

Core Insights - Tesla's battery supplier CATL and rival BYD continue to lead the global EV battery market in 2025 [1] Group 1: Global Battery Market Growth - Global battery installations from January to August reached 691.3 GWh, representing a 34.9% year-over-year increase [2] - CATL maintained the top position in global battery usage with a 31.9% growth, totaling 254.5 GWh [2] - BYD secured the second position with a significant growth rate of 50.3%, amounting to 124.8 GWh [2] Group 2: Company Rankings and Partnerships - LG Energy Solutions ranked third with a 13.3% growth, achieving 67.4 GWh of battery installations and capturing 9.7% of the global market [3] - LG Energy Solutions signed a $4.3 billion deal to supply Tesla with LFP batteries for energy storage units [3] - SK On ranked fifth with a 4.2% market share, accounting for 29.2 GWh of installations and growing 20.3% [4] - SK On has a partnership with Ford to manufacture batteries at the BlueOval SK plant in Kentucky [4]