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. 13. Amperex Technology Limited (ATL) 12. Envision AESC 11. Gotion High-tech 10.
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? China is the undisputed leader in battery manufacturing, dominating the global production of essential battery materials such as lithium, cobalt, and nickel.
Tutorials and first steps The largest lithium-ion battery companies worldwide were located in the Asian continent. China, South Korea, and Japan led the ranking in 2023.
The company started battery production since September 2013 A.D and launched the first batch of products in January 2014 A.D. The manufacturing plant is currently at Budhiganga Gaupalika -4, Biratnagar, Morang.
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.
The vision is to fill the gap in demand of lead acid batteries in Nepali market by manufacturing, using high-grade raw materials, here in Nepal. The company started battery production since September 2013 A.D and launched the first batch of products in January 2014 A.D.