December 6, 2025
Top 10 Lithium-Ion Battery Manufacturers In The World
Update: September 5, 2025
Lithium batteries are becoming more important as the world moves toward electrification and the need for energy storage increases. Because of this, the demand for lithium batteries is growing very fast, and companies are quickly expanding their operations worldwide. In 2022, the global production capacity of lithium-ion batteries was over 2,000 GWh. This number is expected to grow by 33% every year, reaching more than 6,300 GWh by 2026.
Meanwhile, Asia was the leader in battery production in 2022, making 84% of the world’s supply. This is likely to continue in the next few years. At the same time, Europe and the Americas are working hard to grow their own battery industries by creating supportive policies to encourage development in their regions. This article will discuss the top 10 lithium-ion battery manufacturers in the world that play a major role in advancing lithium-ion products. Let’s dive in!
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Best-list of top 10 Lithium-ion battery manufacturers in the world
The top 10 lithium-ion battery manufacturers in the world in 2025 includes:
- CATL (Contemporary Amperex Technology Co., Limited)
- LG Energy Solution, Ltd.
- Panasonic Corporation
- SAMSUNG SDI Co., Ltd.
- BYD Company Ltd.
- TYCORUN ENERGY
- Tesla
- Toshiba Corporation
- EVE Energy Co., Ltd.
- EnerSys Inc.
CATL (Contemporary Amperex Technology Co., Limited)
Official website: https://www.catl.com/id/
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. CATL works with major car makers worldwide, creating batteries for all kinds of EVs, from small cars to trucks. They are also known for innovation, like developing safer, cobalt-free LFP batteries that are better for the environment. With a focus on sustainability, CATL’s batteries help reduce emissions and support clean energy systems, making them a leader in the battery industry.
CATL Product Launch Timeline:
On April 9, 2024, CATL launched its new energy storage product, the CATL Tener energy storage system, at the Beijing Museum. This system is built in a standard 20-foot container and uses lithium iron phosphate (LFP) technology. It features four major innovations: materials, system design, green manufacturing, and a new business model. These improvements solve common problems like safety risks, capacity loss, and reduced efficiency over time. The Tener system guarantees no capacity or power loss for the first five years, offering reliable and stable energy storage solutions.
LG Energy Solution, Ltd.
Official website: https://www.lgchem.com/main/index
LG Energy Solution, Ltd is a South Korean battery company based in Seoul. It is the only one of the world’s top four battery companies with a background in chemical materials. In 1999, LG Chem made Korea’s first lithium-ion battery. Later, in the 2000s, it supplied batteries for the General Motors Volt. After that, the company became a key supplier for many global car brands, such as Ford, Chrysler, Audi, Renault, Volvo, Jaguar, Porsche, Tesla, and SAIC Motor.
LG Energy Solution is introducing its newest home battery technology, showing its focus on innovative ways to store energy at home. At the same time, the company is expanding production by investing $5.5 billion to build battery plants in the U.S., meeting the growing demand for EVs and renewable energy storage. It is also partnering with automakers like Tesla to develop advanced battery cells, playing a key role in the EV industry. To stay competitive, LG is improving its production with smart factory systems in North America. Although profits dropped by 53.7% in late 2023 due to lower EV demand in Europe, the global EV market is expected to grow by 20% in 2024, with North America leading at 30%.
Panasonic Corporation
Official website: https://www.panasonic.com/global/about.html
Panasonic is one of the top three lithium battery manufacturers in the world and a key supplier for Tesla. Its batteries use NCA (Nickel-Cobalt-Aluminum) technology and an advanced battery management system, making them efficient and safe. Moreover, Panasonic is developing all-solid-state batteries, which are a big breakthrough because they offer higher energy density, better safety, and faster charging. To keep up with the growing demand for EV batteries, the company also plans to build four more EV battery plants. This shows Panasonic’s commitment to innovation and supporting the EV market.
Panasonic has a strong partnership with Tesla, producing new battery models in 2023 to power Tesla’s vehicles with advanced technology. At the same time, Panasonic is focusing on the North American market, as highlighted at CES 2023, showing its commitment to offering top battery solutions in the region. In early 2024, Panasonic became the third-largest battery manufacturer outside China, supplying 44.6 GWh of batteries—a 26.8% increase from the previous year. With a 14% market share and improved 2170 and 4680 battery models, Panasonic is set to grow even more through its collaboration with Tesla.
SAMSUNG SDI Co., Ltd.
Official website: https://samsungsdi.com/
Samsung SDI focuses on making small lithium-ion batteries, mainly using prismatic packaging, which is safer than cylindrical batteries. However, having many models makes it harder to standardize production. To improve its technology, Samsung SDI is building a second U.S. battery plant in partnership with Stellantis. This new factory will offer batteries with better energy density, longer lifespans, and improved safety, helping meet the growing demand for EVs.
In 2023, Samsung SDI achieved record-breaking sales of 22.71 trillion Korean won, despite a slight drop in profits. Looking ahead to 2024 and 2025, they expect strong growth in power, energy storage, and small battery markets. With innovative products like the P5, P6, and Samsung Battery Box, the company is preparing to meet global demand and support a cleaner, more sustainable future.
On June 19, 2024, Samsung SDI launched the Samsung Battery Box (SBB) 1.5 at InterBattery Europe in Munich, Germany. This new product is made for the global Energy Storage System (ESS) market. It uses advanced high-nickel NCA batteries, which provide 37% more energy density than the earlier version. Each unit can store up to 5.26 MWh of energy, making it ideal for large projects. Additionally, it features a new direct-injection fire suppression system to improve safety
BYD Company Ltd.
Official website: https://www.bydenergy.com/
BYD Energy is the world’s largest producer of iron-phosphate batteries, with over 24 years of experience. The company focuses on NCM lithium-ion and lithium iron phosphate batteries while also developing sodium-ion batteries, which are safer, cheaper, and efficient. This innovation highlights BYD’s dedication to sustainable energy solutions.
To meet the growing demand for EVs, BYD is investing $1.2 billion in a new battery plant in central China. With advanced technology and expanding production, BYD has become a top EV battery supplier, shaping the future of clean energy and eco-friendly transportation.
TYCORUN ENERGY
Official website: https://batteryswapcabinet.com/
TYCORUN ENERGY has two large factories covering 30,000 square meters, equipped with advanced tools like automated machines and laser welders to ensure high-quality production. This setup allows the company to produce over 50,000 battery sets each month. Additionally, their customer support team is always ready to assist, offering professional help from trained battery experts. TYCORUN ENERGY uses only top-grade battery cells to create safe, reliable lithium battery systems for various industries, including energy storage, medical electronics, transportation, and more. With a focus on safety and innovation, TYCORUN ENERGY provides solutions that meet global demands.
Famous product of Tycorun:
- 48V 50ah lithium ion battery
- 60v 30ah lithium ion battery
- 50v 50ah lithium ion battery
- 72v 50ah lithium ion battery
Other Tycorun Products:
Custom battery swap system that include:
- Custom cabinet
- Custom battery
- Client app
- Management platform
- Electric Motorcycle
Tycorun Energy, with over 16 years of experience, is a top provider of battery swapping solutions for electric motorcycles. The company offers battery swap stations, swappable batteries, and intelligent management software. Tycorun focuses on efficient, safe power solutions through asset-light operations and strategic partnerships, providing customizable, high-quality systems trusted by global clients in the electric vehicle industry.
TESLA
Official website: https://www.tesla.com/
Tesla Motors, Inc., founded on July 1, 2003, in Palo Alto, California, is not just a car company. It stands for innovation and the future of clean energy. Named after the famous physicist Nikola Tesla, it was started by Martin Eberhard and Marc Tarpenning and later led by Elon Musk. Tesla’s mission is to accelerate the world’s transition to sustainable energy. Today, Tesla is worth $1.03 trillion, thanks to its leadership in electric vehicles (EVs), solar panels, and energy storage.
Tesla is always working to make clean energy more accessible. For example, it is planning to collaborate with CATL, a leading Chinese battery company, to build a battery plant in the U.S. Tesla also aims to sell 20 million EVs annually by 2030 and is working on “Master Plan 3,” which includes producing renewable energy at a large scale. The company’s new 4680 battery offers several benefits, like higher energy density, better thermal performance, faster charging, and lower costs. However, there are challenges, such as technical issues, production scaling, and high initial investment. Despite these challenges, Tesla’s focus on clean energy and innovative technology keeps it at the forefront of the EV industry.
Toshiba Corporation
Official website: https://www.global.toshiba/ww/top.html
Toshiba has invested a lot in developing lithium battery technology. The company makes and sells lithium-ion batteries for industries like automotive and telecommunications. In addition, Toshiba has expanded into producing logic ICs and flash storage as part of its growth strategy.
Toshiba makes lithium batteries for several reasons. First, they are eco-friendly and help reduce carbon emissions because they are small, light, and can store more energy than traditional batteries. Second, as demand for reliable energy storage grows in industries like electric vehicles (EVs), renewable energy, and electronics, Toshiba has stepped in to meet this need.
With its strong background in electronics, Toshiba has the skills to create advanced lithium battery technology. The company makes a range of battery systems, from 15.4 kWh to 462.2 kWh, to suit different needs. Toshiba’s SCiB™ batteries are known for fast charging, long lifespan, and high safety. Toshiba also produces batteries for consumer electronics, EVs, and large energy storage systems. The company continues to innovate, helping industries move toward sustainable and efficient energy solutions.
EVE Energy Co., Ltd.
Official website: https://www.evebattery.com/
EVE Energy Co., Ltd. is a leading company in the lithium battery industry. It focuses on three main areas: consumer batteries, power batteries, and energy storage batteries. Since its stock market debut in 2009, EVE Energy has grown significantly, with revenue increasing from $0.3 billion to nearly $11.83 billion by 2020. In 2021, the company reported a turnover of $24.49 billion, with over $14.49 billion from its power battery business. By 2022, its revenue nearly doubled to $52.6 billion, showing impressive growth of 114.82%. Looking ahead, EVE Energy aims to reach $144.93 billion in revenue by 2024.
EVE Energy offers various battery types, including large cylindrical, lithium iron phosphate (LFP), and soft-pack batteries. In 2023, it ranked among the top five suppliers in China’s New Energy Passenger Vehicle market and top ten globally. For commercial vehicles, it was in the top three in China. EVE Energy also had significant growth in energy storage, with 2022 shipments reaching 20.68 GWh, a 204.3% increase from the previous year. In the first half of 2023, the company reported $33.3 billion in revenue, a 53.93% growth, and a net profit of $3.12 billion.
In July 2023, EVE Energy partnered with Energy Absolute to create a joint venture in Thailand. The company also secured major orders in 2023, including deals for 10 GWh of LFP batteries with Powin and 13.389 GWh with American Battery Solutions. EVE Energy continues to innovate with products like the LF560K square LFP battery, offering a long lifespan and competitive pricing for the energy storage market.
EnerSys Inc.
Official website: https://www.enersys.com
EnerSys, founded in 2000 and based in Reading, Pennsylvania, is a leading manufacturer of lithium-ion batteries and energy storage solutions. The company serves industries like telecommunications, utilities, defense, and aerospace. EnerSys organizes its business into three main areas: energy systems, power batteries, and specialty batteries.
EnerSys offers products in three key segments. The Energy Systems segment (46.9% of sales) provides energy storage solutions for critical areas like data centers and telecommunications. The Power Batteries segment (39.1% of sales) focuses on batteries for industrial equipment like forklifts. Lastly, the Specialty Batteries segment (14% of sales) provides batteries for specialized uses, such as in satellites and military vehicles.
EnerSys is known for its popular battery brands, Hawker and Odyssey, which are used in industrial and automotive applications. The company operates worldwide, with facilities in countries like the U.S., China, and Brazil, and faces competition from companies like Exide Technologies and East Penn Manufacturing.
EnerSys is also investing in research and development to create new energy storage products and has made key acquisitions, like Alpha Technologies, to expand its reach. In 2023, EnerSys reported revenue of $3.66 billion, showing steady financial growth and positioning itself as a leader in the energy storage industry.
Conclusion
As the demand for electric vehicles, renewable energy, and consumer electronics continues to rise, the global lithium-ion battery market is dominated by a handful of key manufacturers driving innovation and scale. These top 10 lithium ion battery manufacturers in the world not only shape today’s energy storage landscape but also play a critical role in building a more sustainable, electrified future.
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Willow
Willow is a materials engineer with a Master’s degree in Materials Science and Engineering, specializing in lithium-ion battery materials and energy storage technologies.
Her work focuses on EV battery swapping solutions, battery innovation, and new energy industry trends, aiming to translate research insights into practical applications for sustainable transportation.
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