In the BEV market, vehicles using BYD’s 125-140Wh/kg battery packs accounted for approximately 125k units, while those with 140-160Wh/kg packs reached 77k units, with the PHEV/EREV market dominated by <125Wh/kg battery packs at around 256k units.

Compared to the same period last year, BYD’s internal battery usage share decreased to 78.7% in the first two months of 2025, while its supply to other manufacturers reached 21.3%. Among these external customers, XPeng and Onvo ranked top two in terms of battery usage.

In the top ten rankings of model battery usage, XPeng’s MONA m03 ranks first with a usage of 1.8 GWh, accounting for a high proportion of 11.5%. Onvo’s L60 ranks sixth with a usage of 0.7 GWh, accounting for 4.4%. The remaining models in the list are all under BYD.

In 2024, CATL’s usage of ternary lithium and LFP batteries accounted for 61% and 39%, respectively. The usage of ternary lithium batteries represented 70.2% of the overall market, solidifying CATL’s dominant position. Meanwhile, the usage of LFP batteries accounted for 27.1% of the total market.

In the 2024 BEV market, CATL installed approximately 1.3M battery packs with 125-140Wh/kg energy density, followed by 784K vehicles equipped with >160Wh/kg battery packs. In the PHEV/EREV market, 458k vehicles were equipped with 140-160Wh/kg battery packs, and 375k vehicles with >160Wh/kg battery packs.

Tesla’s usage reached 37.6GWh, making it CATL’s top partner, accounting for 16.9% of CATL’s total usage. NIO and Aito ranked 2nd and 3rd, while Xiaomi held the 7th position.

In 2024, Tesla Model Y EV ranked first in CATL battery usage, reaching 26.6 GWh. Xiaomi SU7 and Tesla Model 3 ranked second and third with battery usage of 11.4 GWh and 10.9 GWh respectively.