Yerevan Power Battery Ranking

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.

Who makes the most EV battery?

The top three battery makers (CATL, BYD, LG) collectively account for two-thirds (66%) of total battery deployment. Once a leader in the EV battery business, Panasonic now holds the fourth position with an 8% market share, down from 9% last year.

What are the top 10 battery companies in the world?

The top 10 companies were CATL, BYD, Panasonic, LG Energy Solution, China Lithium Battery Technology, SK On, Guoxuan Hi-Tech, Samsung SDI, SVOLT Energy Technology, and EVE Energy. CATL, which topped the list, dominated a global market share of 37.8% in January, which was 5.2 percentage points higher than 32.6% in 2021.

What are the top 10 battery manufacturers in China?

There were big changes in both market share and ranking of the top 10 producers. The top 10 companies were CATL, BYD, Panasonic, LG Energy Solution, China Lithium Battery Technology, SK On, Guoxuan Hi-Tech, Samsung SDI, SVOLT Energy Technology, and EVE Energy.

How big is the power battery market in 2022?

The data showed that the global installed capacity of power batteries was 25.7GWh in January 2022, an increase of 87% year-on-year, and the growth momentum was strong. There were big changes in both market share and ranking of the top 10 producers.

Who makes the most power batteries in the world?

China accounted for more than 60% of power batteries worldwide, with CATL and BYD alone taking up more than half of the market share. Six of the top 10 companies are from China, highlighting the country’s significant role in this industry.