Batteries form an intrinsic part of the energy transition. The increasing demand for energy storage and the shift to electric vehicles (EVs) from internal combustion engines (ICEs) have created a need for new-age batteries like lithium-ion batteries (Li-ion batteries).



With one of the best energy-to-weight ratios, a low self-discharge rate, and a slow loss of charge, lithium-ion batteries can meet a wide range of requirements for power and performance.



Lithium mining firms, battery producers, and battery material suppliers, among others in the battery industry, comprise an ecosystem that has a significant impact on transforming the world with lithium-ion technology.



Lithium-ion batteries are available in various form factors (also known as “cell formats” or “battery structures”) and battery chemistries. For example, the battery chemistry of an LFP battery is inherently different from that of an NMC battery.



Moreover, a lithium battery differs in battery components from other batteries such as a lead-acid battery as it uses lithium carbonate as a primary compound.



The demand forecast for lithium-ion batteries looks promising with the availability of several electric vehicles, such as e-bikes, e-buses, e-cars, e-trains, and e-trucks. In addition, lithium-ion batteries are extensively used in industrial and mobility equipment, medical and portable electronic devices, power tools, etc.



As such, lithium battery manufacturers are vying with each other to carve out their share in the ever-increasing lithium battery market pie.



This post explores the top 15 lithium-ion battery manufacturers in detail. Keep reading to learn more.



Table of Contents
Top 15 Lithium-ion Battery Manufacturers in the World (listed in alphabetical order):

BYD Co., Ltd.
CALB
Chinarept (Ruipu Lanjun Energy Co., Ltd. or REPT)
Contemporary Amperex Technology Co., Ltd. (CATL)
Envision AESC
EVE Energy Co., Ltd. (EVE)
Farasis (Farasis Energy)
Gotion (Gotion Parent Company: Guoxuan High-Tech Co., Ltd.)
LG Chem Ltd.
Northvolt
Panasonic Corporation
Samsung SDI Co., Ltd.
SK Innovation Co., Ltd.
SVOLT
Tianjin Lishen Battery Joint-Stock Co., Ltd. (Lishen Battery)
Blackridge Research & Consulting – Global Lithium-ion Battery Market Report

Conclusion



Top 15 Lithium-ion Battery Manufacturers
Here are the leading lithium-ion battery manufacturers (listed in alphabetical order):

BYD Co., Ltd.
Founded: 1995

Location: Shenzhen, Guangdong, China

BYD Co., Ltd. (BYD stands for “Build Your Dreams”) is a Chinese manufacturing company with two major subsidiaries—BYD Automobile and BYD Electronic. As one of China’s largest privately owned enterprises, the company’s comprehensive product portfolio includes:

Automobiles (fully electric cars)
Battery-powered bicycles
Forklifts
Hybrid buses
Rechargeable batteries (EV batteries, mobile phone batteries, and renewable energy storage)
Solar panels


BYD is the world’s first company to fully industrialize the iron-phosphate battery. From developing small rechargeable batteries to creating the safest batteries backed by years of R&D, BYD is known for its expertise in three core technologies—batteries, electric motors, and motor controllers.



BYD’s creation of a Zero Emissions Energy Ecosystem demonstrates its capabilities in energy storage, electrified transportation, and solar power generation.



BYD’s focused efforts in transforming China’s transportation and manufacturing industries led to the launch of the first “Zero Carbon Industrial Campus” in Pingshan—the first zero-carbon headquarters of Chinese automobile brands.



The ambitious project showcased a package of green solutions, such as energy storage systems, an intelligent green multi-level rail transit system, new energy vehicle charging stations, photovoltaics, and more.



CALB
Founded: 2009

Location: Luoyang, Henan

CALB (China Aviation Lithium Battery Co., Ltd.) specializes in the development, production, sales, and market applications of lithium batteries, battery management systems, and related integrated products and battery materials.



CALB’s lithium-ion batteries are widely used in electric vehicles, mining equipment, rail transportation, renewable energy storage, and the telecommunications sector.



CALB provides products for commercial and passenger vehicles, energy storage, and special applications:

Commercial vehicles

Commercial vehicles include FOTON bus, YUTONG bus, Suzhou King Long pure electric bus, Slag truck, and UPS logistics vehicle.



Energy storage projects

Notable energy storage projects include the following:

State Grid Kunshan Energy Storage Power Station—the world’s largest single-station lithium battery energy storage project on the grid side.
National Power Investment Daqing Energy Storage Project—China’s first photovoltaic energy storage demonstration test platform.


Passenger vehicles

Passenger vehicles include Changan CS55 E-Rock, GAC Toyota iA5, Geely Emgrand EV450, and Leapmotor c11.



Special applications

Special applications include airport service cars, electric forklifts, sightseeing boats, and trackless rubber tire vehicles.



Chinarept (Ruipu Lanjun Energy Co., Ltd.)
Founded: 2017

Location: Wenzhou, Zhejiang, China

Also known as Ruipu Energy and Ruipu Lanjun Energy Co., Ltd. (REPT), Chinarept is a lithium battery manufacturer and a subsidiary of Tsingshan Industrial.



The company has two bases—the Wenzhou manufacturing base and Shanghai R&D center—and plans to build a power and energy storage lithium-ion battery and system manufacturing base in Nanhai District, Foshan City, Guangdong, China.



REPT’s product portfolio includes:

NCM cell
LFP cell
Frame-welding module
Bandage module
4850 system
Battery pack


The company offers VDA (Verband der Automobilindustrie [German Association of the Automotive Industry]) standard-size NCM and LFP batteries. REPT is well known for high-performance and high-consistency battery design and product technical strength.



REPT’s R&D-backed specific energy core technologies, strong industrial chain integration ability, and a large-scale industrialized and intelligent manufacturing process have established the company as a significant player in the battery market.



In addition, REPT’s entry into the large-scale energy storage sector marks the arrival of a company equipped with years of R&D experience and battery industry know-how.



Contemporary Amperex Technology Co., Ltd. (CATL)
Founded: 2011

Location: Ningde, China

According to Blackridge Research & Consulting’s recent study on the global lithium-ion battery market, China-based CATL was the largest lithium-ion battery manufacturer in 2021, with the highest market share. CATL plans to ramp up lithium-ion battery production in the future.



The high energy efficiency, high reliability, and long service life of CATL’s battery systems make them a preferred choice in a broad range of applications, including:

Passenger vehicles

CATL’s innovative fast-charging cell technology, intelligent battery management system (BMS), and advanced 811 nickel-rich chemistry material reduce battery charging time and provide an ultra-long driving mileage without any range anxiety issues.



Commercial applications

CATL’s battery solutions support transport and vessel electrification—from electric minivans and vessels (shipping) to heavy-duty vehicles and street-cleaning vehicles.



CATL’s cutting-edge combination of CTP (cell to pack), CTC (cell to chassis), high-nickel, and high-voltage technologies drastically increases energy density and the volume utilization rate.



Furthermore, this combination optimizes power distribution and reduces power consumption while offering structural protection and reinforcement at the cell level.



In addition to lithium-ion batteries, CATL is investing in sodium-ion battery manufacturing. CATL launched its first sodium-ion battery in July 2021.



Among sodium-ion batteries, CATL’s first-generation sodium-ion battery offers many advantages like consistent performance at low temperatures, fast-charging capability, and thermal stability.



CATL’s AB battery system integrates sodium-ion battery cells with lithium-ion batteries in a single cell for high power, greater energy density, and better performance.



Envision AESC (A Sub-Organization of Envision Group)
Founded (Envision Group): 2007

Location: Shanghai, China

Envision AESC is a leading battery technology company. The company states that it holds an excellent track record in quality and safety, with its lithium-ion batteries installed in over 600,000 electric vehicles with a zero rate of critical malfunction.



Envision AESC is committed to manufacturing next-generation batteries. The company uses AIOT (Artificial Intelligence Of Things) technology to accurately predict each individual cell’s reliability and status through statistical modeling.



AIOT technology enables complete traceability in the battery production process and economically viable battery recycling. In the future, Envision AESC aims to leverage industrial know-how and work with global automotive OEMs for full life-cycle data management—from battery production to recycling.



EVE Energy Co., Ltd. (EVE)
Founded: 2001

Location: Guangdong, China

EVE is a well-known lithium battery company that manufactures lithium-ion batteries for consumer, power, IoT, and renewable applications. According to the company, it has been ranked “#1 in sales and exports of primary lithium batteries for six consecutive years.”



EVE’s product portfolio includes:

Consumer Battery
Primary lithium battery
Consumer Li-ion battery
Cylindrical cell
Power Battery
Prismatic LFP cell
Prismatic NCM cell
EV-cylindrical cell
Pouch NCM cell


Here are some of the key features of EVE’s batteries:

Customized as per requirements
Environmental compliance
Enhanced fast charge performance
High power capability
High safety
High specific energy density
Long lifespan
Low self-discharge rate
Multi-chemistry options
Wide operating temperature range


Farasis (Farasis Energy)
Founded: 2002

Location: Ganzhou, Jiangxi, China

Farasis (Farasis Energy) offers advanced lithium-ion battery energy storage systems for the grid, commercial, and transportation markets. The company’s solutions focus on:

Green mobility
Low-carbon construction
Smart energy storage


The cost-effective energy storage solutions improve energy efficiency and maximize solar and wind energy storage.



The battery maker provides lithium-ion battery solutions with high-energy performance, excellent safety, long-lasting life and ultra-fast charging for electric buses, electric motorcycles, electric trucks, and more.



Furthermore, Farasis specializes in budget-friendly power battery products that reduce operating costs, noise, and environmental pollution while improving operating efficiency.



Gotion (Gotion Parent Company: Guoxuan High-Tech Co., Ltd.)
Founded: 2014

Location: Fremont, California, USA

Guoxuan High-Tech is the parent company of Gotion—a fast-growing energy solutions company with R&D centers in China, Japan, Ohio, and Europe. Guoxuan High-Tech’s growth began as a supplier of battery packs to bus OEMs, and other commercial and industrial vehicles.



Later, additional product lines and energy solutions started accommodating the increased demand for stationary energy storage systems. In April 2020, Guoxuan High-Tech was renamed “Gotion High-Tech,” which quickly grew as a battery cell manufacturer.



Gotion’s specialties include:

Battery management system
Battery materials
Electric vehicles
Electrolyte
EV electronics system
Powertrain control system
Vehicle control system


Gotion specializes in battery packs for buses, passenger vehicles, and trucks. The battery packs are customized to meet energy density and space constraints.



The battery manufacturer signed battery deals with prominent automakers and launched serial production of battery cells with very high energy density.



According to an electric vehicle news portal, the new Gotion cells are likely to be installed “in a variety of mid- to high-end models.”



The company also offers energy storage (storage for reserve, load leveling, or peak shaving) solutions for residential, commercial, and industrial applications.



Gotion’s expertise ranges from providing an electrolyte solution for cell development and a large battery pack for backup power generation to reliable and safe electronics that adhere to international requirements and standards.



LG Chem Ltd.
Founded: 1947

Location: Seoul, South Korea

LG Chem is the largest Korean chemical company with a globally competitive business portfolio, including advanced materials, life sciences, petrochemicals, and a subsidiary (LG Energy Solution) specializing in batteries.



LG Chem develops state-of-the-art materials for rechargeable batteries and automotive and IT industries—cathode materials, semi-conductor materials, separator materials, etc.



However, LG Chem’s subsidiary, LG Energy Solution, took the lead in developing innovative battery technology (including the world’s first freeform battery) and executing diverse projects for global automakers.



LGES’s business portfolio includes:

Advanced automotive battery
ESS battery
Mobility & IT battery


With 30 years of R&D experience and a four-way global production system (Korea, China, USA, and Poland), LG Energy Solution is creating a new battery ecosystem that spans the entire cycle—from producing batteries to reusing waste batteries.



LGES’s xEV batteries in the automotive field include millions of cells installed in thousands of BEVs (battery electric vehicles), HEVs (hybrid electric vehicles), μ-HEVs, and PHEVs (plug-in hybrid electric vehicles) that have benefited from the high capacity for long-distance driving, high power output than ICEs, and high-speed charging.



The company’s mobility and IT battery products are useful for a number of applications, such as electric bicycles, laptops, LEVs (light electric vehicles), power tools, smartphones, and wireless earphones.



LGES’s ESS battery products apply high-capacity and ultra-slim polymer battery cells to maximize space utilization and minimize installation area. As such, these products are highly beneficial for commercial and residential applications, power grids, and UPS.



Northvolt
Founded: 2016

Location: Stockholm, Sweden

Northvolt is a battery cell manufacturer that aims to “build the world’s greenest battery with a minimal carbon footprint.” The company’s endeavor in developing and commercializing battery cell technology corresponds to the target of 150 GWh for annual cell output by 2030.



The company’s efforts to establish the European value chain for batteries and reduce costs in battery production are a combination of building at scale and vertically integrating production processes. What makes Northvolt batteries unique? The company closes the loop on batteries by 95% recycling batteries to make new ones.



A split set-up with Skellefteå for Northvolt Ett (hosts active material preparation, cell assembly, recycling, and auxiliary processes) and Västerås for Northvolt Labs (annual production capacity is over 350 MWh) proved beneficial for both municipalities during the finalization of the factory sites.



Northvolt has strategic partnerships with major industrial players, such as ABB, BMW, Scania, Siemens, and Vestas. Northvolt’s proprietary Lingonberry NMC chemistry forms the base for its high-performance lithium-ion batteries available in cylindrical and prismatic formats.



The company’s solutions are tailormade for automotive, grid, portable tools and equipment, and e-mobility applications. Other strategic offerings include industrial and grid battery systems and a mobile energy storage solution. For example, Northvolt supplies battery systems to Epiroc for elecrtrified underground mining machines.



Panasonic Corporation
Founded: 1918

Location: Osaka, Japan

The Panasonic Group’s corporate history dates back to March 1918 when Kōnosuke Matsushita established “Matsushita Electric Manufacturing Works.” Since then, the company has grown into a multinational conglomerate company. Panasonic Automotive Systems Co., Ltd. is one of the eight “operating companies” of the Panasonic Group.



Panasonic-Tesla JV (Joint Venture)

Tesla

Founded: 2003

Location: Austin, Texas

The Panasonic-Tesla joint venture is one of the most well-known industry partnerships, with Panasonic supplying automotive-grade lithium-ion battery cells in accordance with Tesla’s growing EV battery needs.



Tesla’s award-winning Model S and Model X are powered by the lithium-ion battery cells manufactured in collaboration with Panasonic.



The agreement signifies a multi-year collaboration between the two industry majors to develop next-generation automotive-grade batteries and accelerate the EV market expansion. The strategic partnership focuses on a customized technology to optimize EV quality and life as well as enable an industry-leading EV range.



Samsung SDI Co., Ltd.
Founded: 1970 (Samsung-NEC Inc.)

Location: Yongin-si, South Korea

From the mass production of vacuum tubes in the 1970s, Samsung SDI (Samsung Digital Interface) has come a long way in becoming a leading lithium-ion battery manufacturer.



Continuous technological innovation and market-centric activities have strategically positioned the company at the top in the global market share of lithium-ion batteries.



Samsung SDI’s expertise in small-sized lithium-ion battery manufacturing propelled it to promote new battery technology in emerging markets and a host of applications, including:

E-bikes
E-scooters
Garden tools
Laptops
Mobile phones
Power banks
Vacuum cleaners
Wearable devices


The company’s advanced lithium-ion battery technology is effective in tackling key challenges, such as CO2 reductions, fuel economy, and powertrain performance.



In addition, Samsung SDI’s one-stop ESS solution demonstrates the company’s innovative excellence in lithium-ion battery development.



The company’s success in consumer IT battery applications addresses several challenges by producing the lithium-ion battery with higher energy density within the given space.



SK Innovation Co., Ltd.
Founded: 1962

Location: Jongno-gu, Seoul

SK Innovation is a green energy and materials company. As an intermediate holding company of the SK Group, SK Innovation’s specialty business areas include petroleum production, batteries, information and electronic materials, refining, chemical business, and lubricants.



With a 50-year history of leading Korea’s energy industry, SK Innovation stands for continuous innovation and technology development. The company has partnered with well-known automakers across the world, such as Hyundai Motor Group, BAIC Group, and Daimler AG.



SK Innovation’s application of high energy density ternary materials to lithium-ion batteries is the first-ever for mass production of electric vehicle batteries. The company plans to expand its presence in the global electric vehicle battery market.



The SK Innovation Global Technology facility in Daejeon has a 100 MW battery assembly line. SK Innovation’s battery business value chain is positioned for mid/large-sized battery production—from battery essentials such as electrodes and separators to battery cells and packs.



The company’s expertise in high-quality wet separators and high-performance battery cells gives it an edge in the highly competitive lithium-ion battery industry.



SK Innovation’s battery technology improvements have enabled the production of heat-resistant, highly stable, and long-lasting batteries for different applications such as eco-friendly vehicles, longer distance vehicles, hybrid vehicles, smart grids, and UPS.



What are the key features of SK Innovation batteries?

Fast response
High energy efficiency
High output
Long calendar life


In 1996, SK Innovation developed its first lithium-ion battery. Extensive R&D and partnerships with the world’s major automakers have established the company as an important player in the high-density and high-nickel technology space.



With 30 years of experience in the manufacturing and commercialization of batteries, SK Innovation continues its successful track record of manufacturing the industry’s leading battery separators, long cells, and next-generation modules.



SVOLT
Founded: 2018

Location: Jintan District, Changzhou, Jiangsu province, China

SVOLT is a spin-off of Great Wall Motor—the eighth largest Chinese automobile manufacturer. SVOLT is a manufacturer of lithium-ion batteries and battery systems for electric vehicles and energy storage.



The company’s track record includes 1,200+ invention patents and 70+ overseas patents.



In the passenger vehicle category, SVOLT offers a variety of energy solutions for BEVs, HEVs, and PHEVs. In the commercial vehicle category, the company provides battery solutions for mainstream heavy-duty trucks, fuel-cell heavy-duty trucks, and logistics trucks.

SVOLT’s energy storage solutions include:

Grid side solution
Power generation side solution
User side solution
Virtual power plant solution


The company specializes in cylindrical and pouch cells for low-speed electric vehicles. Furthermore, SVOLT digital and intelligent transformation offers the EI-cloud ESS and Big Data integrated services platform.



Tianjin Lishen Battery Joint-Stock Co., Ltd. (Lishen Battery)
Founded: 1997

Location: Tianjin, China

Lishen Battery is one of the leading lithium-ion battery suppliers for a variety of applications, including high-end consumer electronics, energy storage systems, and new energy transportation.



Lishen Battery is a well-known lithium-ion battery manufacturing company that is credited with 1,600 authorized patents and China’s first Battery Industry ULWTDP (Underwriters Laboratories Witnessed Test Data Program) Lab.



The company has collaborated with many world-class companies, such as Apple, Changan, China Southern Power Grid, Dell, Geely, HP, Hyundai, Huawei, Lenovo, and Yutong.



Lishen Battery’s product portfolio includes:

Consumer electronic battery

Lishen Battery specializes in consumer electronics (CE) batteries—cylindrical batteries, prismatic batteries, and polymer batteries—with a 20-year successful track record of battery production.



Power battery

Lishen Battery offers automotive and ESS power batteries. While the automotive batteries are used in electric buses, electric passenger vehicles, and special electric vehicles, the ESS batteries are applied in communication base stations, grid and electricity ancillary services, household energy storage, and new energy generation.



Ultra capacitor

Lishen Battery’s commercially viable electric double layer ultra capacitor provides reliable backup power and instant bridge power. Common applications include cranes, golf carts, motorcycles, microgrid energy storage, oil rigs, and power tools.



Other significant lithium-ion battery makers include EnerDel, EnPower, Inc., and A123 Systems LLC specializing in advanced battery manufacturing and providing tailored battery solutions with impressive benefits.



Blackridge Research & Consulting – Global Lithium-ion Battery Market Report
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The report offers deep insights into the lithium-ion battery industry’s state of competition and profitability with exclusive assessments of:

Current global and regional market demand scenarios
Government policies and regulations
Market drivers
Market outlook and much more


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Conclusion
The ever-increasing requirements for adaptable, durable, safe, and sustainable batteries intensified R&D in battery technology. The advent of lightweight, powerful, and resilient lithium-ion batteries transformed the battery landscape.



Over the years, the surge in lithium-ion battery production has made lithium-ion batteries more affordable for electric vehicle and energy storage applications, among other uses.



From mining and refining to electrode manufacturing and cell assembly—lithium-ion battery manufacturing typically consists of a long supply chain and several players to design, manufacture, distribute, and sell the world’s widely used lithium-ion batteries.



As much as lithium-ion batteries have ushered in an interconnected and a wireless era, their evolution is unstoppable. In recent times, improvements in lithium-ion battery technology have resulted in cobalt-free or high-nickel cathodes, thereby reducing the content of expensive and dubiously sourced cobalt as the raw material.



Electric vehicles, energy storage, and residential and industrial applications are going to drive more demand in the future for lithium-ion batteries, especially the EV boom.



The close competition between European and Asian battery manufacturers further demonstrates the market dynamics of primarily dominating the EV battery market and acquiring energy independence with localized supply ecosystems.



With a five-fold projected increase in global lithium-ion battery capacity by 2030, the lithium-ion battery industry is going to get bigger and better for battery makers worldwide.