7Which company produces the battery

Which companies manufacture EV batteries?

The Top 5 EV Battery Manufacturers in the World are CATL, LGES, Panasonic, BYD, and SK On.

Which company makes a battery?

Contemporary Amperex Technology Co. Limited ( CATL ) is the manufacturer of the battery. It is a Chinese battery manufacturer and technology company founded in 2011, specializing in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems.

Which EV battery manufacturer makes the most EV batteries in the world?

CATL is the largest EV battery manufacturer in the world, holding a 32.6 percent share of the world’s auto lithium-ion battery market in 2021. CATL has been the world’s biggest electric car batteries maker for the fifth year running, as of 2021.

Where are the world's largest EV battery manufacturers in 2023?

Asia dominates this ranking of the world's largest EV battery manufacturers in 2023. See which battery makers feature in the top 10.

How many companies are involved in battery manufacturing?

Currently, there are thousands of companies globally involved in battery manufacturing, ranging from large multinational corporations to smaller, specialized firms. We present the largest and most influential battery manufacturers, exploring their market positions and strategies that have enabled them to dominate the industry. Did you know?

Which EV battery manufacturer has the largest market share?

According to SME Research, CATL is the world’s largest EV battery manufacturer, with 37.7% of the market share. Plus, it is the only battery supplier with a market share of over 30%. CATL has 6 R&D facilities, five in China and one in Germany. In 2023, they spent about $2.59 billion in R&D, an 18.35% increase from the previous year.