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Tesla Battery Maker CATL, Rival BYD Dominate Global EV Battery Market As Sector Records Nearly 35% Growth From January To August - BYD (OTC:BYDDY)
Benzingaยท2025-10-13 08:27

Tesla Inc. (NASDAQ:TSLA) battery supplier Contemporary Amperex Technologies Ltd. (CATL), rival BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) continue to dominate the global EV battery market in 2025.Global Battery Installations Grew 34.9%The amount of global battery installations from January to August clocked in at 691.3 GWh, marking a 34.9% YoY increase, according to the latest data released by South Korean market research firm SNE Research on Monday."CATL firmly remained top in the ranking of global battery usage ...