# LG Energy Solution
Latest news and articles about LG Energy Solution
Total: 2 articles found
China Tightens Grip on Global EV Battery Market as Korean Suppliers Lose Ground
January 2026 SNE Research data show EV deliveries fell 2.1% year‑on‑year while installed battery capacity grew 10.7%, driven by larger packs and premium models. Chinese battery makers expanded their lead to 73.3% of global installed capacity, while South Korea’s top three suppliers slipped amid a sharp North American market slowdown following U.S. policy changes.
China’s Battery Makers Sweep the Globe: Domestic Firms Now Supply Over 70% of EV Cells
In 2025 Chinese battery manufacturers supplied over 70% of global EV battery installations and dominated the energy-storage market, SNE Research reports. CATL and BYD led the pack, while other Chinese firms climbed into the global top ten as Korean and Japanese incumbents lost ground amid shifting demand and mounting losses.