CATL and BYD are betting on a new type of EV battery to overcome rising lithium prices
February 2, 2026
CATL and BYD are already dominating the EV battery market, accounting for over 50% of global sales last year. With new tech rolling out in 2026, China’s battery leaders look to stay one step ahead of the competition.
CATL and BYD double down on sodium-ion EV batteries
To combat rising lithium prices, Chinese battery manufacturers are pushing for new types of battery chemistries, including…