According to data from Kerui, China’s power battery market remained highly concentrated in April 2026. Contemporary Amperex Technology Co., Limited (CATL) led the sector with a 47.0% share, installing 28,694 MWh of capacity—a 30.2% increase compared to April 2025. CATL’s customer portfolio is diverse, with shipments to Geely accounting for 9.5% of its total, followed by Changan at 8.9%, Xiaomi at 8.5%, Li Auto at 8.3%, and Nio at 6.6%.
BYD’s FinDreams ranked second, contributing 11,133 MWh in April for an 18.3% market share, though this represented a 3.2% year-on-year decline. Within FinDreams’ sales mix, BYD’s own brands absorbed 58.0% of output, while other recipients included Xiaomi (7.5%), Fang Cheng Bao (7.0%), Xpeng (5.3%), and Denza (5.1%).
Sichuan-based CALB held third place with 5,198 MWh installed (8.5% share), achieving a notable 50.1% growth rate year-on-year. Fourth and fifth positions were taken by Gotion (3,705 MWh, 6.1%, up 25.2%) and EVE Energy (2,550 MWh, 4.2%, up 27.2%), respectively.
The remaining top ten in April included Rept Battero (1,881 MWh, 3.1%), Zenergy (1,671 MWh, 2.7%), Svolt (1,615 MWh, 2.6%), Sunwoda (1,363 MWh, 2.2%), and Geely’s own Energee (917 MWh, 1.5%). Energee exhibited the highest customer concentration, with 91.1% of its volumes supplied to Geely. Automotive OEMs also featured prominently in other suppliers’ client lists: Leapmotor was the largest customer for Gotion, Zenergy, and Svolt, while Xiaomi ranked as FinDreams’ top external buyer.
These figures reflect a market dominated by a few major players, underscoring the ongoing consolidation in China’s power battery industry.
Source: CarNewsChina
