CABIA February 2026 power battery exports: Microvast +58.9% YoY, 4th by growth rate in the top 10

CABIA dropped February 2026 power battery export data. Microvast printed +58.9% YoY vs. +40.8% for CATL in the same bucket. 10th by shipped volume. 4th by growth rate among the top 10. BYD printed +6.6%, essentially flat for a name that size. February is a short month with Lunar New Year distortion. November was +31.4%. December was positive. January dipped on timing. February snapped back. Jan-Feb cumulative: category up 44.6% YoY. Microvast +7.4% on the two-month stack. January's dip pulls the cumulative down. Full top 10, Feb 2026 power battery exports (YoY vs. Feb 2025 / mkt cap): 1. CATL +40.8% — $263B 2. BYD +6.6% — $130B 3. Gotion +102.5% — $10B 4. CALB +70.9% — $6.4B 5. EVE +42.8% — $19B 6. Farasis -45.8% — $3.3B 7. Honeycomb Energy +2.1% — private 8. Ruipu Lanjun +64.9% — $4.5B 9. Sunwoda -25.3% — $7.5B 10. **Microvast +58.9% — $0.7B** English charts attached. —- Sohu source: https://www.sohu.com/a/995669789\_323087 CABIA (China Automotive Battery Innovation Alliance), Feb 2026 report.