List of world's largest EV cell manufacturers in 2023 + Battery manufacturer Production 2023 / EV volumes original source EV-Volumes Change from 2022 Market share Headquarters Year founded Notes CATL 260 / 242 GWh +41% 37% Ningde, Fujian, China 1999World's largest battery manufacturer Origins: Amperex Technology Limited BYD / FinDreams 111 / 115 GWh +58% 16% Shenzhen, Guangdong, China 1995 focuses on LFP battery production for battery storage power stations and has introduced a blade battery technology which makes the application reasonable in mid-to long range term electric vehicles LG Energy Solution 96 / 108 GWh +34% 14% Seoul, South Korea 2020 Panasonic 45 / 57 GWh +26% 6% Osaka, Japan 1918 SK On 34.4 / 40 GWh +14% 4.9% Seoul, South Korea 2007 CALB 33.4 / 23.5 GWh +81% 4.7% Changzhou, Jiangsu, China 2007 Samsung SDI 32.6 / 35.7 GWh +36% 4.6% Seoul, South Korea 1970 Gotion 17.1 GWh +23.1% 2.4% Hefei, Anhui, China 1995 EVE Energy 16.2 GWh +129.8% 2.3% Huizhou, Guangdong, China 2001 NMC, LFP, also battery storage power stations Farasis Energy 16.7 GWh +123% 2.3% Ganzhou, Jiangxi, China 2002 / 2009 Sunwoda 10.5 / 7.0 GWh +15.4% 1.5% Shenzhen, Guangdong, China 1997 production in China, India, Vietnam, Hungary, and Morocco Others 49.4 / 56.0 GWh +11.3% 7%
List of other large EV battery manufacturers
+ Battery manufacturer Year founded Headquarters Production capacity (GWh) Type of battery OEM customer Notes A123 Systems2001Hangzhou, China1.5 (2018)Lithium-ion (LFP) GM Fisker Automotive (PHEV) Daimler Truck (PHEV) Smith Electric Vehicles Chery Kandi Navistar Roewe BMW (PHEV)Supplies Mercedes-Benz High Performance Engines Formula One racing with parts for kinetic energy recovery system (KERS). Supplies also companies in range-extender business like ALTe Powertrain Technologies, VIA Motors extended-range VTRUX. AESC2007Yokohama, Japan Lithium-ion Nissan BMW RenaultJoint venture partner Envision (main), Nissan and Tokin Corporation.Former JV partner was NEC. Akasol 2008Darmstadt, Germany 2.5 (2022) Lithium-ion Yes Developing and manufacturing batteries for hybrid and electric vehicles, regenerative energy facilities, battery electric busses, railway vehicles and other commercial vehicles. company was acquired by the American automotive supplier BorgWarner.Automotive Cells Company (ACC)2020Bruges, France120 (planned for 2030)Lithium-ionPlannedJoint venture between SAFT, Mercedes-Benz and Stellantis. ACC intends to build two large scale production facilities for battery cell in France and Germany to supply electric vehicles. Coslight India2007Una, IndiaLithium-ionUnknown Electric Bus LFP batteries, EV LFP Batteries, E car LFP & NMC batteries. GS Yuasa1917Kyoto, Japan Lithium-ion MitsubishiJoint ventures with Mitsubishi Motors, and Mitsubishi Corp. Provides batteries for Mitsubishi. HitachiLithium-Ion Batteries for Hybrid Electric Vehicles1910Tokyo, JapanLithium-ionUnknownImperium3 New York (IM3NY)201732 (planned for 2030)Lithium-ionYesCobalt-free EV batteries for Lower end passenger EVs, Buses and Defence application. Cell developed and commercialised in partnership with Charge CCCV, also known as C4V and Australian company Magnis Energy Technologies, which has Nobel Laureate Professor Stanley Whittingham as an advisory director to the project and long time mentor to IM3NY chairman Dr Shailesh Upreti.InoBat Auto201932 (planned for 2026)Lithium-ionPlannedLaunched the world first 'intelligent battery' in October 2020. Plans to partner with Rio Tinto to recycle its batteries Currently constructing a R&D Facility in Slovakia, with further plans for a 32GWh facility. Leclanché1909Yverdon-les-Bains, Switzerland 2.3 (2024) Lithium-ion (G-NMC & LTO) Yes Designs & manufactures proprietary G-NMC/LTO cells, modules & packs within its European facilities. Applications: Marine, Bus, Truck, Construction & Agriculture, GSE, Rail, Stationary & Specialty. Production capacity (Li-ion cells): 200MWh (2019) with roadmap to reach 2.3GWh by 2024.Microvast2006Stafford, USA4 (2021)Lithium-ion (LTO, NMC, LFP) Oshkosh Corporation FPT Specialize in cells (LTO, NMC, LFP), modules and packs for commercial vehicles. NEC1899Tokyo, Japan Lithium-ion Nissan Produced prototype batteries for Nissan. Automotive Energy Supply (AESC) is Nissan's joint venture with NEC.Northvolt AB2019Stockholm, Sweden32 (planned for 2025)Lithium-ionPlannedfiled bankruptcy in November 2024. Factory production in Skellefteå, Sweden. Start of prototype production in 2022, scale up planned for 2024-25.PowerCo (Volkswagen Group)2019Salzgitter, Germany16Lithium-ionPlannedInitially planned JV with Northvolt AB in Salzgitter, Germany, for the electric vehicles of the Volkswagen Group. 2023 breakup of the Joint venture and renaming to PowerCo. Start of production was planned for end of 2023/early 2024. Real SOP was late 2025.Octillion Power Systems2009Lithium-ion Wuling FNMLithium-ion battery supplier for the electric-vehicle battery market. Vehicles powered by Octillion batteries include China's Wuling Hongguang Mini and electric trucks produced by Brazilian manufacturer FNM (Fábrica Nacional de Motores). OptimumNano Energy2002Shenzhen, China5.5 (2019)LFPUnknownLarge Chinese manufacturer, mostly for domestic market. Primearth EV Energy1996Kosai, Japan NiMH, Lithium-ion Toyota a joint venture between Toyota and Panasonic. Former JV partner was Matsushita Electric Industrial Co. till the 2010s. Company will be renamed to Toyota Battery Co., Ltd. in October 2024. At least in the 90's produced batteries for Prius and RAV4.SAFT1918Levallois-Perret, FranceLithium-ionPlannedSince 2016 a subsidiary TotalEnergies. Saft is together Mercedes-Benz and Stellantis venture partner of ACC (see above). Sanyo1947Osaka, Japan NiMH Ford Honda Suzuki Provides NiMH batteries for Honda and Ford hybrid vehicles and Suzuki Swift.SVOLT2018Changzhou, China61+ (2026)Lithium-ion (NMC, LFP) GWM Mini Geely Wuling Voyah Li AutoSpun off from Great Wall Motors in 2018. Chinese name translates to "Hive Energy" or "Honeycomb Energy".Verkor2020Grenoble, France16 (planned for 2026) RenaultEuropean start-up with French mass center. supported by Renault. Aims for low-carbon batteries. Headquarters and R&D line in Grenoble, Gigafactory in Dunkirk, FranceWeLion2016Beijing, China6 (30 planned for 2025)Lithium-ion NioSupplier of semi-solid-state electrolyte NMC cells for Nio's 150kWh swappable batteries. Has received government funding for research and development of solid-state batteries.Xerotech Ltd.2015Galway, IrelandLithium-ionYesXerotech's Hibernium® battery platform is built on a modular platform, allowing for high flexibility and economies of scale. The Hibernium® battery platform is designed for off-highway vehicle OEMs in every industry, including: Mining, Construction, Rail, Marine, Defense, and Everything Else.Zenergy2019Changshu, China35.5+ (2025)Lithium-ion (LFP) GAC Leapmotor SGMW SAIC-GMJiangsu Zhengli New Energy Battery Technology, Co
List of smaller (<1GWh) EV battery and former cell manufacturers Battery manufacturer Year foundedHeadquarters Production capacity (GWh) Type of battery OEM customer Notes Aptiv1994Dublin, Ireland LTOUnknown Delphi Automotive PLC.BMZ Group1994Karlstein am Main, GermanyLithium-ionUnknownLithium-ion batteries for e-buses, e-forklifts, e-vehicles like Streetscooter, e.Go, KION, Eurabus.Electrovaya1996Ontario, CanadaLithium-ion Toyota Raymond Signed deal to electrify Walmart forklifts. Have a strong presence in large distribution centers in Mexico, USA and Canada.Ethium1994San Antonio, USALFPNoDesigns and manufactures forklift battery boxes under the branding Ethium.Frey New Energy2010LFPYesManufacturer and distributor of lithium-ion battery cells, modules and customized packs for heavy-duty industrial EVs and machines, serving markets of mining, material handling, GSE, and other industrial applications. Johnson Matthey Battery Systems 2006Milton Keynes, United KingdomLFP Rolls-Royce Modec RUF Automobile Jaguar Cars Land Rover Electric Car Corporation McLaren Company formerly named Axeon. and is owned by Cummins.Molicel 1998Taipei, TaiwanLithium-ion BMWFormerly E-One Moli Energy. Targray2010Kirkland, Canada Lithium-ionYes Major international supplier of advance materials for EV battery manufacturing and R&D. Notable products include cathode materials, anode materials, electrolyte, electrodes, metal foils, binders, battery packaging materials and lithium-ion cells. Valence TechnologyLarge format lithium phosphate batteries1989Henderson, USA LFP Mercedes-Benz Acquired by LithiumWerks in 2019. VinES Energy Solutions1993Hanoi, Vietnam VinFast Member of VinGroup
See also Electric vehicle battery List of production battery electric vehicles Electric vehicle industry in China
References
External links List of Electric Vehicle Battery Manufacturers February 2010