The following are the top 20 electric vehicle battery manufacturers last year:
Rank | Manufacturer | Country | Production Capacity (GWh) | Key Customers | Focus |
1 | Contemporary Amperex Technology Co., Ltd. (CATL) | China | 262.6 | Tesla, BMW, Mercedes-Benz, Honda, Volvo | Energy density, cost reduction |
2 | BYD Company Limited | China | 251.6 | Own EVs, Tesla, Toyota, Honda | LFP & NMC batteries, integration |
3 | LG Energy Solution Ltd. | South Korea | 202.8 | Tesla, General Motors, Stellantis, Hyundai | High nickel NMC batteries, cylindrical & pouch formats |
4 | Panasonic Corporation | Japan | 129.5 | Tesla, Toyota, Honda, Nissan | NCA & NMC batteries, prismatic format |
5 | SK Innovation Co., Ltd. | South Korea | 76.6 | Hyundai, Volkswagen, Ford, Stellantis | NMC & LFP batteries, cylindrical format |
6 | Samsung SDI Co., Ltd. | South Korea | 57.5 | BMW, Volkswagen, Stellantis | NMC & NCA batteries, prismatic format |
7 | China Aviation Lithium Battery Co., Ltd. (CALB) | China | 53.8 | NIO, Xpeng, Li Auto | LFP & NMC batteries, pouch & prismatic formats |
8 | Guoxuan High-tech Power Energy Co., Ltd. | China | 45.6 | JAC, NIO, Weilai | LFP & NMC batteries, prismatic format |
9 | Sunwoda Electronic Co., Ltd. | China | 41.5 | Own EVs, NIO, Weilai | LFP & NMC batteries, pouch & prismatic formats |
10 | EVE Energy Co., Ltd. | China | 35.4 | Xpeng, Hozon Auto, Geely | LFP & NMC batteries, pouch & prismatic formats |
11 | Farasis Energy | China | 26.9 | BMW, Mercedes-Benz, Stellantis | NMC & LFP batteries, pouch & prismatic formats |
12 | AESC (Automotive Energy Supply Corporation) | Japan | 22.1 | Nissan, Mitsubishi, Renault | NMC batteries, prismatic format |
13 | Hitachi Vehicle Energy, Ltd. | Japan | 18.1 | Nissan, Honda, Renault-Nissan-Mitsubishi Alliance | NMC batteries, prismatic format |
14 | Primearth EV Energy Co., Ltd. | Japan | 13.5 | Toyota | NMC batteries, prismatic format |
15 | Amprius Technologies | United States | 10 | Airbus, Hyundai | Solid-state batteries, pouch format |
16 | Northvolt | Sweden | 10 | Volkswagen, BMW, Volvo | NMC batteries, gigafactory concept |
17 | Svolt Energy Technology Co., Ltd. | China | 10 | Great Wall Motors, Geely | LFP & NMC batteries, pouch & prismatic formats |
18 | LionVolt | United States | 8 | Ford, Rivian | LFP & NMC batteries, pouch & cylindrical formats |
19 | SES (Solid Energy Systems) | United States | 5 | Ford, BMW | Solid-state batteries, pouch format |
20 | Solid Power | United States | 5 | Ford, BMW | Solid-state batteries, cylindrical format |