Gotion High-tech

CATL maintained its position as the top battery maker by installations in China in March, despite a sequential decline in market share.

CATL and BYD held a combined 55.5% of the global market in Jan-Feb, down from 59.0% in January.

Both CATL and BYD saw their shares in the overall market decline in February, as smaller rivals gained ground.

The combined EV battery installation volume of CATL and BYD in January was 42.4 GWh, accounting for 59.0% of the global total.

Gotion is accelerating the commercialization of its next-generation batteries, with the design work for its 2-GWh all-solid-state battery line now largely complete.

CATL's domestic battery installations in China totaled 20.91 GWh in January, ranking first in the overall market, LFP battery segment, and ternary battery segment.

The collaboration will focus on joint R&D of high-performance materials for next-generation solid-state batteries, covering multiple core materials.

CATL and BYD's combined EV battery installations in 2025 came in at 659.5 GWh, accounting for 55.6% of the global total.

Chery's Hong Kong listing brought Gotion about RMB 1.7 billion in gains.

CATL's domestic power battery installations in China totaled 333.57 GWh in 2025, powering 5.07 million vehicles.