2025 Power Battery TOP 15 Report: Only One Company Sees Over 1% Growth, Head Dominance Continues to Decline

Recently, the China Automotive Power Battery Innovation Alliance released the December 2025 monthly data on power batteries.

In December 2025, China's power and energy storage battery sales reached 199.3 GWh, representing a month-on-month increase of 11.1% and a year-on-year growth of 57.5%. Specifically, power battery sales totaled 143.8 GWh, accounting for 72.1% of total sales, with a month-on-month increase of 7.3% and a year-on-year growth of 49.2%. Energy storage battery sales reached 55.6 GWh, accounting for 27.9% of total sales, up 22.4% month-on-month and 84.0% year-on-year.

In 2025, China's cumulative sales of power and energy storage batteries reached 1700.5 GWh, a year-on-year increase of 63.6%. Among them, cumulative sales of power batteries were 1200.9 GWh, accounting for 70.6% of total sales, with a year-on-year increase of 51.8%; cumulative sales of energy storage batteries were 499.6 GWh, accounting for 29.4% of total sales, with a year-on-year increase of 101.3%.

In 2025, the cumulative installed capacity of power batteries in China reached 769.7 GWh.

Specifically, in December 2025, China's power battery installations reached 98.1 GWh, representing a month-on-month increase of 4.9% and a year-on-year growth of 35.1%. For the full year of 2025, the cumulative power battery installations in China totaled 769.7 GWh, with a cumulative year-on-year increase of 40.4%.

In terms of market concentration,In December 2025, a total of 40 power battery companies achieved vehicle installation in China's new energy vehicle market, a decrease of 1 from the same period last year. The top 2, top 5, and top 10 power battery companies' installed power battery capacities were 63.3 GWh, 80.4 GWh, and 92.6 GWh, respectively, accounting for 64.5%, 81.9%, and 94.4% of the total installed capacity. The top 10's share decreased by 1.6 percentage points compared to the same period last year.

In 2025, a total of 52 power battery enterprises in China's new energy vehicle market achieved vehicle installation integration, remaining consistent with the same period last year. The power battery installation volumes of the top 2, top 5, and top 10 enterprises were 499.3 GWh, 628.0 GWh, and 723.6 GWh, respectively, accounting for 64.9%, 81.6%, and 94.0% of the total installation volume. The market share of the top 10 enterprises decreased by 1.9 percentage points compared to the same period last year.

Throughout 2025, the installed capacity of pure electric vehicles in China accounted for 81.6% of the total, a year-on-year increase of 46.6%; plug-in hybrid vehicles accounted for 18.3%, a year-on-year increase of 17.7%. Among these, the installed capacity of pure electric trucks accounted for 27.5%, a year-on-year increase of 246.0%, and pure electric special purpose vehicles accounted for 3.5%, a year-on-year increase of 331.1%. Both trucks and special purpose vehicles showed rapid growth.

In terms of market share, Regarding the top 15 domestic power battery companies, compared to November 2024, in December 2025, CATL, CALB, EVE Energy, LG Energy Solution, Greatpower, GWB, and INPAI Battery saw varying degrees of market share increase, with CATL experiencing the highest growth rate, reaching 2.75 percentage points.

Compared to 2024, in 2025, CATL Innovation, Gotion High-tech, EVE Energy, Sunwoda, REPT Battero, Poweroad, JY Automation, LG Energy Solution, INPAI Battery, CNBM New Energy, and Yuanhang Jinli all achieved varying degrees of market share increase. Among them, Gotion High-tech experienced the highest growth, reaching 1.07 percentage points.

Looking at the changes in the ranking of the top 15 power battery companies in China: Compared to November 2025, in December 2025, the rankings of the top 5 companies (CATL, BYD, CALB, Gotion High-tech, and EVE Energy) remained unchanged. LG Energy Solution rose from 9th to 6th place. REPT Battero, Sunwoda, and Svolt each dropped one position to 7th, 8th, and 9th respectively. G-Power and Great Power remained unchanged at 10th and 11th place respectively. Farasis Energy rose to 12th place, while Hyperstrong fell one position to 13th place. PANTHEON and CNBM (Chuneng New Energy) were ranked 14th and 15th respectively.

Compared with 2024, the rankings of the top five companies—CATL, BYD, CALB, Gotion High-tech, and EVE Energy—remain unchanged in 2025. Sunwoda and SVOLT swapped positions to rank 6th and 7th, respectively. REPT BATTERO and Zenergy maintained their rankings at 8th and 9th. Geeyao replaced Jidian New Energy and swapped positions with LG Energy Solution, ranking 10th and 11th, respectively. Ampace rose from 15th to 12th place, while DFD dropped from 13th to 15th. Chu-New Energy and Yuanhang Jinli entered the list for the first time, ranking 13th and 14th, respectively.

2025Lithium Iron PhosphateInstalled capacity of power batteries exceeds 625GWh

In terms of battery exports,In December 2025, China's combined exports of power and energy storage batteries reached 32.6 GWh, representing a month-on-month increase of 1.3% and a year-on-year growth of 49.2%, accounting for 16.4% of total sales for the month. Companies including BYD, SVOLT, and EVE Energy exceeded the average growth rate. Power and energy storage batteries accounted for 58.4% and 41.6% of exports respectively; compared to the previous month, the share of energy storage batteries increased by 7.6 percentage points.

In 2025, China's cumulative exports of power and energy storage batteries reached 305.0 GWh, a year-on-year increase of 50.7%, accounting for 17.9% of the total annual sales. BYD, CALB, Gotion High-tech, SVOLT, Eve Energy, and REPT Battero, among others, exceeded the average growth rate. Power batteries accounted for 62.2% and energy storage batteries for 37.8%, with the share of energy storage batteries increasing by 3.9 percentage points compared to the same period last year.

Dividing it by material,In December 2025, China's ternary battery installed capacity reached 18.2 GWh, accounting for 18.6% of the total, with a month-on-month increase of 0.2% and a year-on-year increase of 40.5%. The installed capacity of lithium iron phosphate (LFP) batteries was 79.8 GWh, accounting for 81.3% of the total, representing a month-on-month growth of 5.9% and a year-on-year growth of 33.7%.

In 2025, China's cumulative installed capacity of ternary batteries reached 144.1 GWh, accounting for 18.7% of the total installed capacity, with a cumulative year-on-year increase of 3.7%. The cumulative installed capacity of lithium iron phosphate batteries reached 625.3 GWh, accounting for 81.2% of the total installed capacity, with a cumulative year-on-year increase of 52.9%.

As for the company,CATL, BYD, Gotion High-tech, CALB, EVE Energy, Sunwoda, REPT BATTERO, Geeya, Zenergy, SVOLT, Inpow Battery, Chuanneng New Energy, Yuanhang Jinli, DFD, and Ganfeng Lithium have been listed in the "Top 15 Domestic LFP Power Battery Enterprises by Installed Capacity in 2025."

CATL, LG Energy Solution, CALB, SVOLT Energy Technology, Sunwoda Electronic, REPT Battery Technology, EVE Energy, Farasis Energy, Gotion High-tech, Gotion High-tech, SK On, Rong Sheng Meng Gu Li, BYD, Microvast, Do-Fluoride Chemicals are on the list of "Top 15 Ternary Power Battery Companies by Vehicle Installation Volume in China in 2025".

The companies that simultaneously ranked in both the "Top 15 Chinese LFP Power Battery Installation Volume Companies in 2025" and the "Top 15 Chinese Ternary Power Battery Installation Volume Companies in 2025" are CATL, BYD, CALB, Sunwoda, EVE Energy, Great Power, Gotion High-tech, Svolt Energy, and Do-Fluoride, totaling 9 companies.

In addition, estimated data on demand for key power and energy storage battery materials released by the China Automotive Battery Innovation Alliance (CABIA) shows that in December 2025, China's demand for ternary cathode materials for power and energy storage batteries will be 81,000 tons, with lithium iron phosphate (LFP) materials at 375,000 tons; anode materials at 267,000 tons; separators at 3.81 billion square meters; and for ternary batteries...Electrolyte37,000 tons of lithium iron phosphate battery cathode materials, 225,000 tons of electrolyte for lithium iron phosphate batteries.

In 2025, China's power and energy storage battery ternary materials will reach 695,000 tons, lithium iron phosphate materials 3,294,000 tons; anode materials 2,331,000 tons; diaphragms 33.3 billion square meters; electrolytes for ternary batteries 313,000 tons, and electrolytes for lithium iron phosphate batteries 1,976,000 tons.

In 2025, the key materials for power batteries are showing a trend of volatile increase, especially in the fourth quarter. Due to factors such as supply and demand, cost and profit, the prices of upstream minerals, cathode materials, electrolytes, and other key materials have increased significantly. Battery-grade lithium carbonateThe price has reached 150,000 yuan/ton by the end of 2025.