Contemporary Amperex Technology Co. Limited (CATL) has swiftly risen in less than a decade to claim the title of the largest global battery group. The Chinese company now has a 34% share of the market and supplies batteries to a range of made-in-China vehicles, including the Tesla Model Y, SAIC’s MG4/Mulan, and Li Auto models.
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.
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.
Asia dominates this ranking of the world's largest EV battery manufacturers in 2023. See which battery makers feature in the top 10.
With a revenue of over 90 billion U.S. dollars, the Japanese Hitachi Ltd was the largest lithium-ion battery company worldwide. Johnson Corporation, headquartered in Ireland, and Saft, based in France, were the only European companies that made it into the ranking. Get notified via email when this statistic is updated. * For commercial use only
Still, the top three battery makers are responsible for two thirds (66%) of the total battery deployment, which highlights the importance of scale in this business, in order to have the most competitive product on the market. Panasonic, once upon a time a leader in the automotive EV business, has continued its slow slide down the table.
Forbes 2024 Global 2000 List
The 2024 Forbes Global 2000 list ranks the largest companies worldwide by sales, profits, assets, and market value. Browse the richest companies in the world.
Learn More
Top 10 Battery Producers In The World — 2023 …
First of all, #8 Farasis Energy (+123%!) is the biggest highlight, having seen its share grow from 1% in 2022 to its current 2%. The Chinese company is now looking to displace CALB from the 7th...
Learn More
Ranked: The Top 10 EV Battery Manufacturers in 2023
In this graphic we rank the top 10 EV battery manufacturers by total battery deployment (measured in megawatt-hours) in 2023. The data is from EV Volumes. Contemporary Amperex Technology Co. Limited (CATL) has swiftly risen in less than a decade to claim the title of the largest global battery group.
Learn More
The 10 biggest EV battery manufacturers in the World as of 2022
CleanTechnica''s graph demonstrates that CATL is the dominating manufacturer of electric vehicle batteries. It controls 34% or over a third of the worldwide electric vehicle battery market. Meanwhile, LG Energy Solution is the second-largest manufacturer of EV batteries, with a 14% market share.
Learn More
Top 10 Lithium-Ion Battery Manufacturers In The World
CATL is a world leader in making lithium-ion batteries for electric vehicles (EVs), energy storage systems, and battery management systems. It is the largest EV battery producer globally, manufacturing 96.7 GWh in one year—a 167.5% increase.
Learn More
Li-ion battery companies globally by revenue 2022
The vast majority of the global leading companies in the lithium-ion battery market were located in Japan and South Korea. With a revenue of over 90 billion U.S. dollars, the Japanese Hitachi...
Learn More
How Innovative Is China in the Electric Vehicle and Battery …
In December 2023, Chinese EV maker Nio unveiled its ET7 sedan with a semi-solid state, 150 kWh battery made by Chinese battery company WeLion, which can travel 650 miles on a single charge and which the company''s CEO, William Li, asserted currently represents the "battery pack with the highest energy density in mass production in the world."
Learn More
25 US Companies With The Highest Profit Margins
In this article, we will be taking a look at the 25 US companies with the highest profit margins. If you wish to see the top ones, head straight to the 5 US Companies With The Highest Profit Margins.
Learn More
The Forever Battery That Promises to Change the EV Industry
Editor''s note: "The Forever Battery That Promises to Change the EV Industry" was previously published in March 2023. It has since been updated to include the most relevant information available.
Learn More
7 Solid-State Battery Stocks to Watch in 2024
Toyota, in particular, has made notable strides in solid-state battery technology, evidenced by their application for over 1,000 patents in this area. As a staunch advocate for solid-state technology, Toyota has publicly announced its plans to launch its first vehicle equipped with solid-state batteries in 2025, envisaged as a hybrid model.
Learn More
Li-ion battery companies globally by revenue 2022 | Statista
The vast majority of the global leading companies in the lithium-ion battery market were located in Japan and South Korea. With a revenue of over 90 billion U.S. dollars, the Japanese Hitachi...
Learn More
Highest ever net profit
Highest ever quarterly net profit. by Deepak. 14 results found: Showing page 1 of 1 Industry Export Edit Columns S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE ...
Learn More
CATL Unveils World''s Highest Energy Density Battery, …
🌍 The biggest battery company in the world has just changed the game with the highest energy density battery - "The future just smacked us in the face real hard." #EVKing. XMentions: @TheEVKing @HabitatsDigital @FutureAza @herbertong @HansCNelson @TeslaBoomerMama @TheJeffLutz @CATL Clips 00:00 🔋 CATL has developed the highest …
Learn More
Ranked: The Top 10 EV Battery Manufacturers in 2023
In this graphic we rank the top 10 EV battery manufacturers by total battery deployment (measured in megawatt-hours) in 2023. The data is from EV Volumes. Contemporary Amperex Technology Co. Limited (CATL) has …
Learn More
13 Largest Battery Manufacturers In The World [2024]
We present the largest, most influential battery manufacturers, exploring their market positions & strategies that have enabled them to dominate the industry.
Learn More
Top 50 List of Largest Battery Companies Globally [New 2024 Data]
China has the largest number of battery companies, with 19,197 making up 45% of the worldwide battery industry. The India comes second with 9,745 battery companies (21%), followed by United States of America with 1,592 battery companies.
Learn More
Four Companies Leading the Rise of Lithium & Battery …
During its Q4 2023 earnings call, the company reported FY2023 operating profit of KRW 2.2 trillion (USD 1.6 billion), which represented 78% year-over-year growth. 35 Notably, about 31% of this operating profit was attributable to IRA incentives. 36 Given LG Energy Solution''s manufacturing presence in the United States, management believes IRA incentives …
Learn More
Top 50 List of Largest Battery Companies Globally [New 2024 Data]
China has the largest number of battery companies, with 19,197 making up 45% of the worldwide battery industry. The India comes second with 9,745 battery companies (21%), followed by …
Learn More
Top 10 EV Battery Manufacturers in World by Market …
The leading brand in EV battery manufacturing has to be CATL, which has expanded its market from a margin of 2% which was 32% in 2021 and 34% in 2022. CATL dominates one-third of the EV market. CATL is a solid …
Learn More
The 10 biggest EV battery manufacturers in the World …
CleanTechnica''s graph demonstrates that CATL is the dominating manufacturer of electric vehicle batteries. It controls 34% or over a third of the worldwide electric vehicle battery market. Meanwhile, LG Energy …
Learn More
Top 10 Battery Producers In The World — 2023 (Provisional Data)
First of all, #8 Farasis Energy (+123%!) is the biggest highlight, having seen its share grow from 1% in 2022 to its current 2%. The Chinese company is now looking to displace CALB from the 7th...
Learn More
