top battery manufacturers globally, ranked by their market share as of 2023
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Writer sasasak_AndyKim
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Date 25-01-16 23:10
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top battery manufacturers globally, ranked by their market share as of 2023:
1. CATL (Contemporary Amperex Technology Co. Limited)
Country: China
Market Share: ~35.9%
Overview:
CATL is the world's largest battery manufacturer, known for its dominance in lithium-ion battery production for electric vehicles (EVs) and energy storage systems (ESS).
Source: https://valuable12.com/entry/%EC%84%B8%EA%B3%84-2%EC%B0%A8-%EC%A0%84%EC%A7%80-%EB%B0%B0%ED%84%B0%EB%A6%AC-%EA%B8%B0%EC%97%85-%EA%B5%AD%EA%B0%80-%EC%88%9C%EC%9C%84-%EC%A0%90%EC%9C%A0%EC%9C%A8-catl-%EC%97%98%EC%A7%80%EC%97%94%EC%86%94-%EC%82%BC%EC%84%B1-sdi
2. BYD (Build Your Dreams)
Country: China
Market Share: ~16.0%
Overview:
BYD is a leader in EV production and battery technology, offering innovations like the Blade Battery, which emphasizes safety and energy density.
Source: https://valuable12.com/entry/%EC%84%B8%EA%B3%84-2%EC%B0%A8-%EC%A0%84%EC%A7%80-%EB%B0%B0%ED%84%B0%EB%A6%AC-%EA%B8%B0%EC%97%85-%EA%B5%AD%EA%B0%80-%EC%88%9C%EC%9C%84-%EC%A0%90%EC%9C%A0%EC%9C%A8-catl-%EC%97%98%EC%A7%80%EC%97%94%EC%86%94-%EC%82%BC%EC%84%B1-sdi
3. LG Energy Solution
Country: South Korea
Market Share: ~14.1%
Overview:
LG Energy Solution focuses on advanced lithium-ion batteries for EVs, ESS, and consumer electronics.
Source: https://www.newsspace.kr/news/article.html?no=4693
4. Panasonic
Country: Japan
Market Share: ~8.0%
Overview:
Panasonic supplies batteries for Tesla and is a leader in cylindrical cell technology.
Source: https://m.blog.naver.com/mclaren_tv/223424129812
5. Samsung SDI
Country: South Korea
Market Share: ~5.7%
Overview:
Samsung SDI produces high-performance batteries for EVs and ESS, with a focus on cylindrical and prismatic cells.
Source: https://www.newsspace.kr/news/article.html?no=4693
Global Trends
China's Dominance: Companies like CATL and BYD benefit from strong government support and massive production capacity.
South Korea's Innovation: LG Energy Solution and Samsung SDI lead in advanced battery technology.
Tesla Partnerships: Panasonic remains a critical supplier for Tesla's energy storage and EV batteries.
These companies are shaping the future of energy storage and electric mobility through innovation, efficiency, and scaling production.
1. CATL (Contemporary Amperex Technology Co. Limited)
Country: China
Market Share: ~35.9%
Overview:
CATL is the world's largest battery manufacturer, known for its dominance in lithium-ion battery production for electric vehicles (EVs) and energy storage systems (ESS).
Source: https://valuable12.com/entry/%EC%84%B8%EA%B3%84-2%EC%B0%A8-%EC%A0%84%EC%A7%80-%EB%B0%B0%ED%84%B0%EB%A6%AC-%EA%B8%B0%EC%97%85-%EA%B5%AD%EA%B0%80-%EC%88%9C%EC%9C%84-%EC%A0%90%EC%9C%A0%EC%9C%A8-catl-%EC%97%98%EC%A7%80%EC%97%94%EC%86%94-%EC%82%BC%EC%84%B1-sdi
2. BYD (Build Your Dreams)
Country: China
Market Share: ~16.0%
Overview:
BYD is a leader in EV production and battery technology, offering innovations like the Blade Battery, which emphasizes safety and energy density.
Source: https://valuable12.com/entry/%EC%84%B8%EA%B3%84-2%EC%B0%A8-%EC%A0%84%EC%A7%80-%EB%B0%B0%ED%84%B0%EB%A6%AC-%EA%B8%B0%EC%97%85-%EA%B5%AD%EA%B0%80-%EC%88%9C%EC%9C%84-%EC%A0%90%EC%9C%A0%EC%9C%A8-catl-%EC%97%98%EC%A7%80%EC%97%94%EC%86%94-%EC%82%BC%EC%84%B1-sdi
3. LG Energy Solution
Country: South Korea
Market Share: ~14.1%
Overview:
LG Energy Solution focuses on advanced lithium-ion batteries for EVs, ESS, and consumer electronics.
Source: https://www.newsspace.kr/news/article.html?no=4693
4. Panasonic
Country: Japan
Market Share: ~8.0%
Overview:
Panasonic supplies batteries for Tesla and is a leader in cylindrical cell technology.
Source: https://m.blog.naver.com/mclaren_tv/223424129812
5. Samsung SDI
Country: South Korea
Market Share: ~5.7%
Overview:
Samsung SDI produces high-performance batteries for EVs and ESS, with a focus on cylindrical and prismatic cells.
Source: https://www.newsspace.kr/news/article.html?no=4693
Global Trends
China's Dominance: Companies like CATL and BYD benefit from strong government support and massive production capacity.
South Korea's Innovation: LG Energy Solution and Samsung SDI lead in advanced battery technology.
Tesla Partnerships: Panasonic remains a critical supplier for Tesla's energy storage and EV batteries.
These companies are shaping the future of energy storage and electric mobility through innovation, efficiency, and scaling production.