World demand for electrical car batteries elevated this yr, however the market share of Korea’s three main firms—LG Power Answer, SK On, and Samsung SDI—declined.
In response to a report launched by SNE Analysis on Dec. 2, battery utilization put in in electrical autos (together with battery electrical autos, plug-in hybrid autos, and hybrid autos) offered worldwide from January to October 2025 reached 933.5GWh, a 35.2% improve in comparison with the identical interval final yr. The market share of Korea’s three battery firms dropped 3.5 proportion factors to 16% throughout the identical interval.
LG Power Answer’s battery utilization reached 86.5GWh, a 12.8% improve from the identical interval final yr, sustaining its third-place place. SK On recorded 37.7GWh, a 19.3% improve, however fell to sixth place after shedding its fifth-place place to China’s Gotion (38.7GWh). Samsung SDI ranked eighth with 25.1GWh, a 4.6% lower.
Chinese language firms’ momentum continues to accentuate. CATL’s battery utilization reached 355.2GWh, a 36.6% improve, sustaining its first-place place. Second-place BYD recorded 157.9GWh, a 36.1% improve. This yr, BYD’s battery utilization inside Europe reached 11.2GWh, surging 216%.
An SNE Analysis official stated, “The worldwide electrical car battery market on the finish of 2025 is experiencing sustained demand development whereas the aggressive panorama turns into more and more complicated on account of coverage surroundings modifications and expertise technique restructuring in every area,” and predicted, “Market competitiveness from subsequent yr onward will likely be decided by the flexibility to function strategic portfolios tailor-made to regulatory, demand, and provide circumstances in every area.”
