As the demand for EVs, renewable energy storage, and portable electronics continues to increase, the race to produce efficient, high-capacity batteries becomes more intense.
China is the undisputed leader in battery manufacturing, dominating the global production of essential battery materials such as lithium, cobalt, and nickel. Chinese companies supply 80% of the world’s battery cells and control nearly 60% of the EV battery market. [4]
Table of Contents
ATL manufactures lithium-ion batteries for consumer electronics, particularly smartphones and tablets. It excels in producing compact, lightweight batteries that deliver high performance.
A significant portion of ATL’s revenue comes from designing and customizing batteries to meet the specific needs of its clients. The company collaborates closely with brands that manufacture smartphones, tablets, notebooks, drones, and other OEMs.
In 2023, ATL partnered with AM Batteries and Group14 Technologies. The partnership with AM Batteries focuses on developing solvent-free electrode manufacturing technology, while the collaboration with Group14 Technologies aims to integrate advanced silicon battery technology to enhance ATL’s battery performance. [5]12. Envision AESC
This is a joint venture between the Envision Group, a Chinese green technology firm, and Nissan Motor Company. It has played a crucial in the development and mass production of EV batteries, and it continues to innovate battery technology to support the transition to sustainable energy.
Envision AESC’s advanced technology powers more than 1 million EVs and provides over 15 GWh of installed capacity for battery energy systems in 60+ countries. Its major customers include Nissan, Renault, and Daimler. [6]
In 2024, AESC announced plans to expand its EV battery production in South Carolina with a $1.5 billion investment, which will create 1,080 new jobs. This builds on a previous expansion announced in 2023, bringing the total investment to $3.12 billion and supporting 2,700 jobs in the area.
Gotion produces batteries for electric vehicles, which make up a significant portion of its revenue, and key battery materials like cathodes and anodes that are crucial for battery performance. It also manufactures batteries for energy storage applications, catering to both residential and commercial sectors.
The company has applied for 8,654 patents, including 4,379 utility model patents, 3,795 invention patents, and 480 design patents. It operates several R&D centers across China, Japan, Germany, and the USA, focusing on enhancing battery energy density, safety, and longevity.
Their revenue is growing rapidly. In 2023, they generated $4.44 billion in operating revenue, a 37.11% increase from 2022. Operating profit surged to $136.88 million, reflecting an impressive 390.92% year-on-year growth. They plan to expand the plant’s capacity to 100 GWh, with a total investment of $6.5 billion. [7][8]10. SVOLT
SVOLT is a rapidly growing Chinese battery manufacturer focused primarily on lithium-ion batteries for electric vehicles and energy storage systems. It is a pioneer in the development of cobalt-free lithium-ion batteries, which are both cost-effective and environmentally friendly.
The company is actively researching and developing solid-state battery technology, which promises improved safety, higher energy density, and faster charting times compared to conventional lithium-ion batteries.
SVOLT has multiple manufacturing facilities with different production capacities. For example, the Thailand plant has a capacity of 60,000 battery modules and packs per year. It plans to build five production plants in Europe, targeting a production capacity of at least 50 gigawatt-hours on the continent by the end of the decade. [9]9. Sunwoda
Sunwoda offers a broad range of battery products, catering to diverse industries from consumer electronics and energy storage to automotive. This diversification helps the company maintain a stable revenue stream across different market segments.
In 2023, Sunwoda reported approximately $6.7 billion in revenue and $135 million in net profit, driven by increased demand for its battery products and improved operational efficiency. [10]
The company has developed all-solid-state batteries with capacities of up to 20 Ah and energy densities of over 400 Wh/kg. It has also established a 100,000-ton lithium battery recycling and smart energy storage manufacturing project in Shandong Province.
In 2024, Sunwoda partnered with Energy Absolute Plc, a Thai company, to explore and establish battery cell production plants in Thailand with a capacity of 6 GWh. [11]8. Farasis Energy
Farasis Energy develops lithium-ion batteries for electric vehicles and energy storage systems. It has two production facilities in China, one in Zhenjiang and one in Ganzhou, and is building more facilities to increase it total capacity to 180 GWh/a.
They are expanding in Europe and have signed agreements with several European partners, including Daimler, to supply batteries for their EV models.
The company invests heavily in R&D, focusing on innovating in areas such as battery materials, cell design, and manufacturing processes. In 2024, they announced that battery packs using their cells could last a million miles over 15 years while retaining more than 70% of their capacity. [12]7. CALB
CALB (short for China Aviation Lithium Battery Technology) is among the top five Chinese battery manufacturers specializing in the research, development, production, and sales of high-quality lithium-ion batteries. It operates multiple production facilities across China, with major plants located in Wuhan, Luoyang, and Changzhou.
The company prioritizes safety in its battery designs, incorporating advanced features to prevent overheating and short-circuiting, ensuring reliability for both electric vehicles and energy storage systems.
In 2022, CALB launched its IPO on the Hong Kong Stock Exchange, raising $1.27 billion to fund its expansion and further R&D investments. By 2023, the company achieved an annual revenue of $3.8 billion, marking a 32.5% year-on-year increase. Plus, its gross margin rose to 13%, up from 10.3% the previous year. [13]6. Samsung SDI
Samsung SDI is a major supplier of lithium-ion batteries for EVs. It develops and supplies key battery materials like cathode materials, which are crucial for the performance and efficiency of lithium-ion batteries.
The company has secured supply agreements with leading automakers, including Stellantis, Rivan, BMW, and Volkswagen Group. In 2022, they started building a pilot line for solid-state batteries in Suwon, South Korea, with the first production from this line starting the following year.
In 2023, Samsung SDI allocated $860 million to R&D, representing nearly 5% of its annual revenue. That same year, they employed 3,200 R&D experts, accounting for nearly 10% of their workforce. Plus, they had 20,991 patents worldwide, with 14,636 of those patents filed in major markets such as the USA, China, and Europe. [14]5. SK On
As a subsidiary of SK Innovation, one of South Korea’s largest conglomerates, SK On has rapidly grown its presence in the lithium-ion battery market. Today, it operates a vertically integrated business model, covering the entire value chain of battery production, from raw material sourcing and cell manufacturing to battery pack assembly and recycling.
The company has an annual battery production capacity of nearly 89 GWh, making it one of the world’s largest battery manufacturers. It operates plants in the US, South Korea, China, and Hungary.
SK On is also actively developing solid-state batteries. It has partnered with Solid Power, a leading US-based developer of solid-state battery technology, to speed up its development of all-solid-state batteries. [15]4. Panasonic
Panasonic has a significant presence in battery manufacturing through its Energy Company division. It is best known for its long-standing partnership with Tesla. It produces cylindrical lithium-ion cells, which are used in Tesla’s electric cars, including Model 3, Model S, and Model X.
The company has intensified its R&D efforts in solid-state batteries, aiming to bring this next-generation technology to market by the late 2020s. Panasonic Holdings invests nearly 5 billion annually in automotive batteries, supply chain software, and cyber-physical systems, among others. [16]
In the fiscal year 2024, which ended in March, Panasonic’s battery segment reported an operating income of $570.18 million. The company plans to expand its presence in the North American market. It currently operates a plant in Nevada and has begun construction on a second facility in Kansas, which will increase its automotive battery capacity to 80 gigawatt-hours (GWh) per year. [17]3. LG Energy Solution
About Largest lithium ion battery manufacturers
As the photovoltaic (PV) industry continues to evolve, advancements in Largest lithium ion battery manufacturers have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Largest lithium ion battery manufacturers for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Largest lithium ion battery manufacturers featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
Related Contents
