According to the publisher's analysis, Vietnam's lithium battery industry is small in scale but developing rapidly, and companies such as Samsung, LG and VinGroup have set up lithium battery production plants in Vietnam. Countries such as Thailand, Indonesia and Malaysia will also establish lithium battery production plants.
At present, the development of lithium battery industry in Southeast Asian countries varies greatly. According to the publisher's analysis, Vietnam's lithium battery industry is small in scale but developing rapidly, and companies such as Samsung, LG and VinGroup have set up lithium battery production plants in Vietnam.
China Aviation Lithium Battery Co. China Aviation Lithium Battery Co., Ltd. (CALB) is a prominent Chinese company specialising in the research, development, and manufacturing of advanced lithium-ion batteries. Founded in 2007, CALB has rapidly grown into a leading player in the global lithium battery industry.
The Southeast Asia lithium-ion battery market is fragmented. Some major players (in no particular order) include BYD Co. Ltd., LiRON LIB Power Pte Ltd, Saft Groupe SA, Samsung SDI Co., Ltd., and GS Yuasa Corporation. Need More Details on Market Players and Competitors?
The Southeast Asia lithium-ion battery market is expected to register a CAGR of 15% during the forecast period. The market was negatively impacted by COVID-19 in 2020. Presently the market has reached pre-pandemic levels.
Lithium battery is a device that converts its own stored chemical energy into electrical energy to maintain the use of the device. Generally speaking, lithium batteries can be divided into three categories: consumer batteries, power batteries and energy storage batteries, which are mostly used in 3C products, electric vehicles and other fields.
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