CATL Now Commands 40.2% of the Global Market for EV Batteries
Chinese battery maker Contemporary Amperex Technology Co. Limited (CATL) has strengthened its position as the world's largest electric vehicle (EV) battery manufacturer. The company now holds a 40.2% share of the global EV battery market, showing its growing influence in the fast-changing electric mobility industry. The latest figures show that CATL continues to expand its business through strong sales, new technology and investments in battery infrastructure. During the first half of 2026, CATL reported impressive financial results. The company earned a net profit of RMB43.284 billion ($6.38bn), representing a 41.98% increase compared to the same period last year. Total revenue reached RMB276.9 billion ($40.9bn), reflecting continued demand for its battery products across…