2月23日电池周报

Neil Beveridge, Ph.D.+852 2123 2648neil.beveridge@bernsteinsg.comBrian Ho, CFA+852 2123 2615brian.ho@bernsteinsg.comHengliang Zhang+852 2123 2629hengliang.zhang@bernsteinsg.com Battery Weekly 23 February Asia •Top battery makers' market share in China in Jan 2026: CATL 49.79%, BYD 17.43% - CnEVPost. CATL maintained its top position inChina's domestic power battery installations in January with 20.91 GWh, holding a 49.79% market share, according to data releasedWednesday (today) by the China Automotive Battery Innovation Alliance (CABIA). The battery giant's market share in January increased by3.14 percentage points compared to December 2025. In January, China's power battery installations came in at 42.0 GWh, marking an8.4% year-on-year increase but a 57.2% decrease from December. Lithium iron phosphate (LFP) batteries continued to dominate, withJanuary installations totaling 32.7 GWh, accounting for 77.7% of total installations. •CATL added to Hong Kong's Hang Seng Index; WeRide, Pony AI join Hang Seng Composite Index - CnEVPost. The Hang Seng IndexesCompany Limited (HSI) announced the results of its latest quarterly review on Friday, adding several familiar names to key indices. Batterygiant CATL has been included in the benchmark Hang Seng Index. The change will be implemented after the market close on Friday,March 6, and take effect on Monday, March 9. CATL was listed in Hong Kong on May 20, 2025, and has since risen 75% cumulatively,with a market capitalization of HK$2.36 trillion ($302 billion). •BYD makes advances in sodium-ion and solid-state batteries - electrive.com. Chinese automaker and battery manufacturer BYD reportsprogress on novel battery types that could lead to more affordable electric vehicles in the future. That includes the third-generationsodium-ion platform and sulfide solid-state batteries. The company has now announced that it is advancing the development of its third-generation sodium-ion battery platform. The technology is expected to enable up to 10,000 charge cycles, with market introductiondependent on customer demand and application plans, as reported by Car News China. Meanwhile, BYD is also developing a sulphide-based solid-state battery and has achieved significant improvements in this area, though details remain undisclosed. The sulphide solid-state battery is expected to deliver groundbreaking advancements in battery lifespan and fast-charging capabilities, representing a majortechnological leap. Based on current research and development progress, BYD anticipates that its sulphide solid-state batteries couldenter small-scale production by 2027. •Geely’s Zeekr to recall nearly 40,000 EVs over battery safety risks - Yicai. Zeekr, the premium electric vehicle unit of Chinese auto giantGeely Automobile Holdings, is recalling almost 40,000 of its 001 WE models over battery quality issues, China’s top market regulator saidyesterday. The battery in some of the recalled vehicles could, in extreme cases, suffer thermal runaway, posing a safety risk. Zeekr’s recallis a direct outcome o f the legal dispute between Hangzhou-based Geely and its battery supplier Sunwoda Electronic, which recentlyended in a settlement, Yicai learned from a source familiar with the matter. America •Stellantis seeks to exit venture with Samsung as EV losses mount - BloombergNEF. Stellantis NV is looking to exit its US battery jointventure with South Korea’s Samsung SDI Co. as the automaker unwinds electric-vehicle bets and tries to preserve cash after announcingmore than €22 billion ($26 billion) in writedowns last week. The owner of the Jeep and Ram brands has been exploring ways to divestfrom the venture, but no final decision has been made and the situation could change, according to people familiar with the discussionswho asked not to be identified commenting on sensitive matters. Stellantis and Samsung formed their Indiana JV in 2021. They pledgedto invest $2.5 billion and create 1,400 new jobs in the city of Kokomo, which already is home to Stellantis’ engine and transmissionplants. The plant, Samsung’s only US battery factory, started production in 2024, and has already shifted to making some cells for energy storage. •Ford looks to hit $30,000 EV price target by shrinking battery - BloombergNEF. Ford Motor Co. is out to prove that it hasn’t retreatedentirely from the electric vehicle race, despite the $19.5 billion retrenchment it revealed in December. In doing so, it’s gearing up for nextyear’s debut of a budget-priced EV line to contend with China. The automaker engineered its next-generation EV to be lighter, sleeker andmore electrically efficient so that it can go farther on a charge and still start at $30,000, some $20,000 cheaper than the average new carin America. In a social media blitz Tuesday, Ford touted how it shrunk the size of the costly battery while also extending its driving range bynearly 50 miles in a bid to field a mid-sized electric pickup in 2027 for the price of a