Jan 09, 2026
2026 New Year Greetings and Continuing Our Partnership
2026 New Year Greetings and Continuing Our Partnership With the arrival of the new year, Sea Forest Trading (SEA FOREST) has officially commenced operations. We would like to extend our heartfelt gratitude to all our partners and clients for your support thus far, and we look forward to your continued collaboration and partnership in the year ahead. Together, let us deepen our cooperation and explore new possibilities in the field of energy storage. I. 2025 Global Power Battery Market: The Dawn of the TWh Era and Structural Transformation According to data from SNE Research, the global installed capacity of power batteries from January to November 2025 exceeded 1 TWh (1,046 GWh) for the first time, representing a year-on-year increase of 32.6%. Three key trends have emerged in the market: the strengthening dominance of Chinese companies, the rise of lithium iron phosphate (LFP) technology, and the expansion of competition into energy storage and globalization. II. Key Analysis: Chinese Companies Leading, Market Structure Reshaped (I) Chinese Companies Take the Lead Across the Board Six Chinese companies occupy spots in the TOP 10, with a combined market share of 69.4%. The top two players, CATL and BYD, account for 54.9% of the market. Many Chinese companies achieved growth rates exceeding 70%, far surpassing the market average. (II) Technological Shift Toward Lithium Iron Phosphate The cost-effectiveness of LFP batteries has accelerated their global adoption, particularly in the Chinese market. International automakers are rapidly adopting this technology, reshaping supply chains. Japanese and Korean companies that have long focused on ternary batteries are struggling to maintain market share. (III) Evolving Competitive Landscape: Energy Storage as the Second Growth Driver The rapid expansion of energy storage demand has prompted top companies to accelerate their "power battery + energy storage" dual-strategy. Competition is shifting from production capacity expansion to comprehensive capabilities, including technology, customer portfolio, and global operations. III. January–November 2025 Global Power Battery Installed Capacity TOP 10 CATL - China | The undisputed global leader BYD - China | Advantages in vertical integration and LFP technology LG Energy Solution (LGES) - South Korea | Leading Korean company, facing growth pressure CALB - China | Maintaining a strong position, continuing to expand Panasonic - Japan | Leading in technology and quality, with challenges in cost competitiveness Gotion High-tech - China | Over 70% growth, accelerating internationalization EVE Energy - China | Over 70% growth, advancing in both power and energy storage Samsung SDI - South Korea | Declining market share, facing business transformation pressure SVOLT - China | Over 70% growth, cobalt-free batteries gaining attention SK On - South Korea | Facing intensified competition and market share pressure Regional Comparison: Chinese Companies: Six companies in the...
View More