Top 15 Lithium Battery Manufacturers to Power Your Needs

Preface

The demand for lithium-ion batteries has increased dramatically in recent years because of their extensive use in electric vehicles, renewable energy storage, and portable electronics. The lithium battery manufacturer is the key to the green energy revolution, thus, the choice of the right one is the most critical thing. This article looks at the top 15 lithium battery producers, pointing out their specialties and the mark they have left on the market.

Here is an overview of these 15 lithium battery manufacturers:

Keheng (Shenzhen, China)

Founding Year: 2008

Key Products: Lithium iron phosphate batteries, lithium-ion batteries, energy storage batteries, energy storage systems

Key Services: Custom battery solutions, OEM/ODM services, after-sales support

Certifications: CE, UL, KC, BIS, CB, MSDS, UN38.3, ISO

Keheng, a top lithium battery producer, is renowned for the production of high-capacity LFP batteries and energy storage systems. The batteries produced by Keheng are famous for their stability, long cycle life, and safety. They are available in a wide range of capacities from 5Ah to 460Ah, with built-in battery management systems, and offer consistent performance. The items are utilized worldwide in the areas of aviation, medical equipment, military equipment, telecommunications, and industrial applications.

Since Keheng has a powerful R&D team and sophisticated laboratories, the company has been involved in over 3,000 projects. They provide the OEM/ODM services that are customized, thus, they are able to tailor the battery solutions to specific customer requirements. Keheng is the best in fast production and response, which allows him to give the design drawings within one week and samples within three weeks.

Keheng is proud of its cutting-edge production technology and stringent manufacturing processes. The company has put a lot of money into the latest production lines and has a team of over 500 experienced engineers to effectively meet the large-scale demand and at the same time ensure 100% product quality. The R&D team of Keheng is concentrated on innovation, so, the development of the latest battery solutions is done, for example, the high-voltage LFP batteries that are the ones with the high energy density and the fast charging capabilities.

Besides, Keheng also cares a lot about customer service and the warranty. They are always there to give technical support and they have a warranty period that is 200% longer than the ones of most Chinese lithium battery manufacturers. Keheng has a failure rate of less than 3%, which means customers are free to replace the product and they will not have to worry about anything.

Keheng’s dedication to the environment and quality has made them a reliable lithium battery supplier on the world market.

EVE Energy (Hubei, China)

Founding Year: 2001

Key Products: Lithium-ion batteries, lithium iron phosphate batteries, cylindrical batteries

Key Services: Battery design and development, OEM/ODM services

Certifications: ISO 9001, ISO 14001, TS 16949, UL

EVE Energy is one of the best lithium-ion battery manufacturers. Based on the battery reliability survey conducted by BloombergNEF, EVE is among the top three in China and sixth in the world, which shows that it is very competitive in the world market. The company manufactures various types of lithium batteries such as LFP (LiFePO4), LMO (LiMn2O4), and ternary lithium batteries (NCM/NCA). EVE Energy’s products are a major component of electric vehicles, smart grids, and consumer electronics.

The company is technologically well-equipped, having a patent base of over 5,870 national patents and proprietary technologies. Its R&D team is composed of 60 PhDs and over 3,100 interdisciplinary R&D engineers, whose main focus is on materials, electrochemistry, structural design, and electronic circuit design.

EVE Energy’s production units are fitted with the most modern equipment, thus, high precision and efficiency can be achieved. The company has achieved a great deal in the area of battery energy density, thus the devices and electric vehicles have longer run time and lighter weight. Their newest cylindrical batteries have an energy density of 350 Wh/kg and can be fully charged in 9 minutes, hence the fast charging. The company has also presented a number of new products, such as the 50K, 90K, and 280K series batteries, and the “Mr. Big” battery which has a capacity of up to 628Ah and an ultra-long cycle life (over 12,000 cycles).

To fulfill the increasing market demand, EVE Energy has been constantly on the way of increasing its production capacity. They have established four battery production plants in Jingmen, Hubei, with a total capacity of 73GWh, and are going to build a super factory with an annual capacity of 60GWh.

EVE Energy’s dedication to innovation and quality has made them a good name in the lithium battery industry. With the world going for sustainable transportation, EVE Energy is already ready to be a major player in the electric vehicle battery market.

LG Chem (Seoul, South Korea)

Founding Year: 1947

Key Products: Lithium-ion batteries, polymer batteries, energy storage systems

Key Services: Battery design and consulting, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, UL, TS 16949

LG Chem is a company that has a long tradition of being the leader in the development of advanced lithium-ion batteries for different purposes. LG Chem’s battery division, which is now called LG Energy Solution, is the third-largest electric vehicle battery manufacturer in the world, behind only BYD. LG Energy Solution has turned into the main supplier to the automotive industry, providing power to some of the most well-known electric cars of the market, for example, those from Volkswagen, Tesla, Stellantis, General Motors, and Ford.

In 2023, LG Energy Solution attained an operating profit of 2. 2 trillion won (approximately $1. 6 billion), a 78% rise in year-on-year. LG Energy Solution intends to expand its global annual production capacity to 520 GWh by 2025, a 2. 6 times the current capacity.

The company has poured a lot of money into R&D to create high-energy-density batteries with better safety and longer lifespans. LG Chem has initiated the mass production of high-nickel single-crystal cathode materials at its Cheongju factory. These materials are primarily used in pouch-type batteries and are anticipated to be used in the next-generation batteries such as 4680 cylindrical cells. Single-crystal cathode materials can prolong the life of the battery by more than 30% and boost the capacity by over 10%.

The company has strengthened its role as a leader in the battery market by establishing a global manufacturing network that covers markets like South Korea, China, Poland and the United States. The company has many factories in North America, Europe, and Asia, and also has joint ventures with General Motors (GM) and Stellantis (S&P Global). The company is setting up new factories in places like Canada, Indonesia, and the United States to satisfy the increasing market demand.

Apart from its automotive battery business, LG Chem also manufactures batteries for consumer electronics, energy storage systems, and other industrial applications. The company’s global reach and big-scale production have allowed it to keep a big market share in the lithium battery industry. LG Chem, with its strong emphasis on continuous innovation and quality, is in a good position to keep on the development of advanced lithium battery solutions.

Tesla (California, USA)

Founding Year: 2003

Key Products: Lithium-ion batteries, energy storage systems (Powerwall, Powerpack, Megapack)

Key Services: Battery design and development, energy storage solutions, technical support

Certifications: ISO 9001, ISO 14001, UL

Tesla is not only an electric vehicle producer but also a major lithium battery manufacturer. The company’s Gigafactory in Nevada, which is a joint project with Panasonic, is one of the world’s largest lithium-ion battery manufacturing plants. Besides the Nevada Gigafactory, Tesla also has production bases in Texas, Berlin, and Shanghai. The Texas factory is concentrated on the production of 4680 batteries, which is more than 100 GWh per year. At the moment, the Texas factory has already produced more than 20 million 4680 batteries and it intends to add more production lines, with four more lines expected to be added by the third quarter of 2024.

The 4680 battery is Tesla’s first in-house designed battery cell. The 4680 battery design is a way to cut battery costs by more than 50%. This battery has a higher energy density, an improved thermal management system, and a tabless design to increase production efficiency.

Tesla is working on the development of next-generation battery technologies, such as the dry battery electrode (DBE) technology, which will be able to lower production costs and at the same time, improve battery performance. Tesla is also striving for the decrease of cathode materials cost and the zero-wastewater precursor processes.

Besides the electric vehicles for its own use, Tesla also manufactures battery packs for energy storage systems like the Powerwall for residential use and the Powerpack for commercial and utility-scale applications.

The company’s dedication to sustainable energy and its huge plans for the electric vehicle adoption have made it a leading player in the lithium battery industry. As the company keeps on increasing its production capacity and the advancements of the new battery technologies, it will be able to keep its top position in the electric vehicle market.

CATL (Fujian, China)

Founding Year: 2011

Key Products: Lithium-ion batteries, energy storage systems, battery packs

Key Services: Battery design and development, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, TS 16949, UL

The contemporary Amperex Technology Company, Limited (CATL) is a top-notch lithium-ion battery maker. Thanks to the sophisticated lithium battery technology and big production capacity, the company has become very famous in the industry. As of 2023, CATL has a dominating 37 percent of the market. The company has 4% of the global power battery market that is much higher than its competitors. The company produced 233. 4 GWh of batteries in the first 11 months of 2023, which is a huge part of the global market.

CATL is the company that is in charge of the research and development of lithium battery materials and systems, that is why it is the leader in cathode, anode, and electrolyte research. CATL has invested a lot in R&D and innovation and has developed many advanced battery technologies. For instance, their newly developed “Shenxing” battery has the 4C fast charging feature, which enables the vehicle to cover a distance of 400 kilometers in only 10 minutes and to be fully charged in 15 minutes.

CATL is not only increasing its production in China but also is seeking out overseas markets. CATL has signed deals with some of the big car makers like BMW, Volkswagen and Tesla to provide them with high-quality battery packs. The company’s large production capacity, with many manufacturing bases in China, allows it to satisfy the growing demand for lithium batteries in the electric vehicle market.

Samsung SDI (Gyeonggi-do, South Korea)

Founding Year: 1970

Key Products: Lithium-ion batteries, energy storage systems, battery packs

Key Services: Battery design and consulting, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, UL, TS 16949

Samsung SDI is a famous lithium battery producer. Samsung SDI is a part of the Samsung Group and thus, it gets the advantage of the group’s vast resources and expertise in electronics and technology. The company has come a long way in producing lithium-ion batteries in mass, with over 7 billion cells sold in the last 15 years and a current annual sales volume of more than 1 billion cells.

The company spends a lot of money on R&D, which is mostly on the enhancement of battery performance and the decrease of costs. Some of the unique technologies developed include:

Super-Gap Technology: A 9-minute fast charging technology that can charge the battery to 80% in a battery life that can last for more than 20 years.

All-Solid-State Battery (ASB): This technology is going to have a higher energy density (up to 900 Wh/L) and will be safer because of the use of solid electrolytes.

Prismatic Battery Cells: The development of advanced materials and structural innovations gives high volumetric energy density, improved safety, and lower costs. These batteries are used in different automotive applications, and they provide reliable performance and durability.

Lishen Battery (Tianjin, China)

Founding Year: 1997

Key Products: Lithium-ion batteries, lithium polymer batteries, energy storage systems

Key Services: Battery design and development, OEM/ODM services, after-sales support

Certifications: ISO 9001, ISO 14001, UL, TS 16949

Lishen Battery is a fully-fledged lithium battery producer with a solid base in the domestic market. The company manufactures numerous lithium-ion batteries of different shapes, such as cylindrical, prismatic, and pouch cells. Lishen is used in consumer electronics, new energy vehicles, and energy storage, and thus, it is a product that is suitable for both small consumer batteries and large-scale energy storage systems.

Lishen Battery’s R&D department is concentrated on the enhancement of the energy density, safety, and cost-effectiveness of lithium-ion batteries. The company has been looking into new battery chemistries and materials to improve its products’ performance and lifespan. Lishen has invented the battery series with ultra-long cycle life and high energy density, for example, the 314Ah and 306Ah batteries, which have zero capacity decay in the first three years of use. These batteries are mainly employed in energy storage and heavy-duty truck applications. The company is also working on the next-generation high-specific-energy large cylindrical batteries and semi-solid-state batteries, thus being the leader in these technologies, at home.

At the moment, Lishen Battery has made alliances with several Chinese car manufacturers, which are the battery packs for their electric car models. The company has also been looking for ways to enter the global market, so that it can increase its presence in the major regions such as Europe and North America.

Akasol (Darmstadt, Germany)

Founding Year: 2008

Key Products: Lithium-ion batteries, energy storage systems, battery modules

Key Services: Battery design and integration, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, UL

Akasol is a leading German lithium battery manufacturer specializing in high-performance battery systems for commercial vehicles, buses, trains, and industrial applications.

Akasol has expertise in developing and manufacturing high-energy-density lithium-ion battery systems that can withstand harshest environments. Akasol’s latest battery systems, such as the AKASystem 9 AKM 150 CYC, feature high energy density suitable for long-range electric vehicles like long-distance coaches and trucks. These systems are designed for the full electrification of heavy-duty vehicles, showcasing their advanced technology in energy storage solutions.

Akasol’s battery systems are cell-agnostic, meaning they can integrate different types of battery cells from various suppliers, such as Samsung SDI. This flexibility allows Akasol to offer low-cost, high-performance solutions tailored to the specific needs of their customers in commercial and industrial applications.

With its strong R&D capabilities and commitment to sustainability, Akasol is well-positioned to continue its growth in the European market and beyond.

BYD (Shenzhen, China)

Founding Year: 1995

Key Products: Lithium-ion batteries, lithium iron phosphate batteries, energy storage systems

Key Services: Battery design and development, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, UL, TS 16949

BYD, short for “Build Your Dreams,” is a leading Chinese conglomerate with a strong presence in the lithium battery and electric vehicle market. The company’s comprehensive approach, from manufacturing components in-house to exploring new battery technologies, allows it to maintain a competitive edge in the rapidly growing EV market. BYD has established itself as a vertically integrated manufacturer, producing a wide range of products, including lithium-ion batteries, rechargeable batteries, electric vehicles, solar panels, and energy storage systems.

BYD primarily uses LFP technology in its batteries, known for their safety, longevity, and cost-effectiveness. The company’s innovative “Blade” battery is a notable example, designed to enhance safety by preventing thermal runaway and providing high energy density. These batteries are widely used in BYD’s electric buses and cars, such as the Han EV and Tang EV.

Although there have been rumors about BYD’s development of solid-state batteries, the company has not confirmed these. However, it remains a key area of interest for future technological advancements.

BYD has a vast production network with over 20 battery plants in China. By the end of 2021, BYD’s production capacity was 135 GWh, which was expected to rise to 285 GWh by the end of 2023 and 445 GWh by the end of 2024. The company is aggressively expanding its capacity to meet growing demand.

Volkswagen (Wolfsburg, Germany)

Founding Year: 1937

Key Products: Lithium-ion batteries, energy storage systems, electric vehicle batteries

Key Services: Battery design and development, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, UL

Volkswagen has made significant strides in the lithium battery and electric vehicle market in recent years. As part of its strategic shift towards electrification, Volkswagen has been heavily investing in the development of advanced lithium-ion batteries and the expansion of its EV production capacity.

Volkswagen’s extensive research and development efforts have resulted in several technological advancements, including improvements in battery performance and cost reduction. The company’s large-scale production capabilities and strategic partnerships with major automotive manufacturers position it as a key player in the lithium battery market.

Volkswagen has also been expanding its battery production capacity to support its EV growth plans. The company has announced plans to establish several battery cell production facilities across Europe, with the aim of securing a long-term supply of batteries for its electric vehicles. These investments demonstrate Volkswagen’s commitment to becoming a leader in the EV market and reducing its environmental impact, further fueling the EV revolution.

SK On (Seoul, South Korea)

Founding Year: 2019

Key Products: Lithium-ion batteries, lithium polymer batteries, energy storage systems

Key Services: Battery design and development, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, UL, TS 16949

SK On, formerly known as SK Innovation’s battery business, is a leading lithium battery manufacturer. The company manufactures batteries for electric cars, energy storage systems, and personal electronics.

The company has been spending a lot of money on the research and development of its lithium ion batteries to increase the energy density, safety, and fast-charging capabilities of them. SK On’s batteries are famous for their high performance and reliability, which is why they are the first choice of many international automakers.

The company has been increasing its production capacity to cater to the increasing demand for EV batteries. SK On has set up battery manufacturing plants in South Korea, China, and the United States, and it intends to widen its worldwide reach.

Besides the automotive industry, SK On also gives energy storage solutions for utility-scale projects and renewable energy projects. The company’s battery systems have been installed in different countries, aiding the move to the cleaner and more sustainable energy sources.

CBAK Energy Technology (Fujian, China)

Founding Year: 2001

Key Products: Lithium-ion batteries, battery packs, energy storage systems

Key Services: Battery design and development, OEM/ODM services, after-sales support

Certifications: ISO 9001, ISO 14001, UL

CBAK Energy Technology has been in the battery industry for more than two decades and has become a trustworthy supplier of lithium-ion batteries for different applications, such as electric vehicles, consumer electronics, and energy storage systems.

CBAK Energy Technology’s intensive research and development have led to the emergence of several technological innovations. The company has come up with a whole bunch of cylindrical cells with high capacity that have great energy density and long cycle life. These cells are perfect for various applications like electric bicycles, electric tools and energy storage systems. CBAK Energy Technology has also been widening its services to the prismatic and pouch cells to satisfy the varied requirements of its customers.

The company’s huge production capacity and strict quality control are the guarantee of the delivery of high-quality products. The CBAK’s dedication to innovation and sustainability makes it a dependable lithium battery supplier in the worldwide market.

Northvolt (Stockholm, Sweden)

Founding Year: 2016

Key Products: Lithium-ion batteries, battery cells, energy storage systems

Key Services: Battery design and development, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, UL

Northvolt is a top-notch producer of lithium-ion batteries. The company is the leader in the production of batteries for electric vehicles and energy storage systems. Northvolt is the company that is on the way to producing the greenest lithium-ion batteries with the least carbon footprint in the world. The company is striving to get a cell production carbon footprint of 10kg CO2e per kWh by using renewable energy sources and using a minimum of 50% recycled materials in all new cell production by 2030.

Northvolt is in the process of creating high-tech battery technologies, including prismatic cell formats with NMC (Nickel Manganese Cobalt) chemistry. This innovation is a result of the intensive research and development works at Northvolt Labs in Västerås, Sweden. The company is also developing sodium-ion batteries, a promising alternative to lithium-ion technology that would cut the dependence on lithium.

Northvolt has made strategic partnerships with leading European automakers like Volkswagen and BMW, and it is supplying them with high-performance lithium-ion batteries for their electric vehicles. These collaborations have assisted Northvolt in getting considerable investments and becoming one of the main actors in the European EV battery market.

CALB (Jiangsu, China)

Founding Year: 2007

Key Products: Lithium-ion batteries, lithium iron phosphate batteries, battery packs

Key Services: Battery design and development, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, TS 16949, UL

Since its establishment, CALB has become one of the leading players in the domestic and international lithium battery market. CALB is the third-largest battery manufacturer in China, right after CATL and BYD. In the first half of 2022, CALB was the largest contributor to 4. 1% of the global EV battery market, which is the seventh-largest supplier of EV batteries in the world with an installed capacity of 8. 4 GWh.

The company is highly innovative and has been constantly investing in the research and development of new battery technologies. CALB has come up with the 314Ah battery cell, which has the lithium replenishment technology that makes it to last for 15,000 charge cycles, that is, the 25-year lifecycle. This battery does not have degradation in the first 1,000 charge cycles and has a round-trip efficiency of 96%. This is why it is very appropriate for many commercial applications such as marine and energy storage.

The company employs the latest technologies including the all-tab laminated battery technology that has high volumetric energy density and fast charging capabilities. The L221 NCM battery is an example of this and it is made for electric vehicles and provides a range of more than 600 kilometers.

Since CALB is still on the way to expanding its production capacity and its R&D capabilities are getting stronger, it is well-poised to seize the increasing opportunities in the global lithium battery market.

Murata Manufacturing (Kyoto, Japan)

Founding Year: 1944

Key Products: Lithium-ion batteries, lithium polymer batteries, energy storage systems

Key Services: Battery design and development, OEM/ODM services, technical support

Certifications: ISO 9001, ISO 14001, UL, TS 16949

Murata Manufacturing’s constant research and development work has resulted in several technological breakthroughs, such as the enhancement of battery performance and miniaturization. The company has come up with ultra-thin and compact lithium-ion batteries which are the perfect fit for small, portable devices.

Murata is the one who has been working together with the top tech companies and the device makers to fit its lithium-ion batteries into their products. The company’s batteries have been used in smartwatches, fitness trackers, hearing aids, and other wearable devices, thus, they have been able to extend the battery life and the user experiences. The skills of Murata in customization and its capacity to manufacture batteries in different shapes have made it a leader in the market.

Besides its concentration on miniaturized batteries, Murata has been working on large-format lithium-ion cells for industrial applications and energy storage systems. The company’s batteries have been employed in backup power systems, smart meters, and other industrial devices, thus, providing reliable and efficient energy storage solutions.

Conclusion

In conclusion, the global market for lithium batteries is dominated by a few key players who excel in different aspects of production, innovation, and application. Each of these top lithium battery manufacturers brings unique strengths and technological advancements to the table, catering to a wide range of industries and applications. From electric vehicles to energy storage systems, these companies are at the forefront of the green energy revolution, driving progress and sustainability.

Whether you’re looking for a reliable lithium battery supplier or seeking to understand the competitive landscape of lithium battery producers, this list provides a comprehensive overview of the industry’s leading players. Their commitment to innovation, quality, and sustainability ensures that they will continue to power our needs and shape the future of energy storage and electric mobility.