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Battery companies have increased their investment in 4680 cylindrical batteries
Compared with Tesla's previous 18650 cylindrical battery and 21700 battery, the size of the 4680 battery is larger. This means that the number of cells in the battery pack will be much less, so the technical requirements for battery systems such as BMS are much lower, which will theoretically help 4680 batteries expand the application range. The large cylindrical battery has the advantages of ultra-high specific energy, high safety, and low impedance, which perfectly meets the needs of power battery material system innovation and structural innovation.
International OEMs such as Tesla and BMW have clearly promoted the application of large cylindrical batteries, and large cylindrical batteries have become one of the important directions for some power battery companies to overcome difficulties. Currently, the Top 10 4680 battery companies in the world, including EVE, are actively following up the development and mass production of 46 series large cylindrical batteries. This article will provide you with detailed information about the global Top 10 4680 battery companies, covering their development history, main business and industrial layout, to help you have a more comprehensive understanding of the latest trends in the 4680 battery industry.
Top 10 4680 battery companies in the world in 2022
① EVE
Established date |
December 24, 2001 |
Company location |
Guangdong, China |
Total market value |
195.575 billion RMB |
Company website |
Company profile:
EVE, which is in the leading position among Top 10 4680 battery companies in the world, focuses on the innovation and development of lithium batteries. EVE takes high-energy lithium primary batteries with leading technology as its leading products, and also has core technologies and comprehensive solutions for consumer batteries and power batteries. The products are widely used in the fields of Internet of Things and energy Internet. EVE is committed to becoming a leading enterprise in the field of environmentally friendly and high-energy new lithium energy.
Leading products:
Consumer batteries: primary lithium batteries, small lithium-ion batteries, cylindrical batteries; Power battery: prismatic iron lithium battery, prismatic ternary battery, soft pack ternary battery, large cylindrical battery module, BMS battery system; IoT solutions: smart meter batteries, automotive electronics batteries, smart security batteries, smart city batteries, consumer application batteries, light power batteries.
Recent layout:
Recently, EVE said that at present, the large cylinder has become one of the key product directions of EVE's layout and development in the field of power batteries. EVE large cylindrical batteries include two models, 4680 and 4695. It is expected to release 20GWh of production capacity in 2023 and reach 40GWh in 2024. In November 2021, EVE announced that it will invest in the construction of a 20GWh passenger vehicle large cylindrical battery production line and auxiliary facilities project in Jingmen High-tech Zone.
② CATL
Established date |
December 16, 2011 |
Company location |
Fujian, China |
Total market value |
1320.369 billion RMB |
Company website |
Company profile:
CATL, ranked among the Top 10 4680 battery companies, is the world's leading new energy innovation technology company, focusing on the R&D, production and sales of new energy vehicle power battery systems and energy storage systems, and is committed to providing first-class solutions for global new energy applications and service. Its core technologies include R&D and manufacturing capabilities of the entire industry chain in the fields of power and energy storage batteries, materials, cells, battery systems, battery recycling and secondary utilization. The biggest feature of the CATL is the ternary lithium battery, which has a higher battery life.
Core business:
Power and energy storage batteries, materials, cells, battery systems, battery recycling and secondary utilization.
Recent layout:
On May 27, 2022, CATL revealed that it has received BMW's "Notice of Designation", confirming that it has signed an agreement with BMW to provide cylindrical batteries for BMW's new electric models in the future. Regarding the layout of its cylindrical battery production line, CATL currently plans a 4680 battery capacity of 12GWh, and the R&D pace is accelerating, and mass production is expected to start in 2024.
③ LG Energy Solution
Founded time |
1992 |
Global headquarters |
Seoul, South Korea |
Total market value |
93.83 trillion KRW |
Company website |
Company profile:
LG Energy Solution is part of the LG Group of South Korea. As a global leader in battery technology, LG Energy Solution's business covers power batteries, small batteries, and energy storage systems. At present, LG Energy Solution provides power battery products for Volkswagen, GM, Daimler, Ford, Hyundai, Kia, Audi, Porsche, Renault, Tesla and other leading global car brands.
Main products and services:
Automotive battery, mobility & IT battery and ESS battery.
Recent layout:
Recently, LG Energy Solution announced the construction and production plan of 4680 battery mass production equipment. It is said that it will invest 580 billion KRW (about 3.8 billion RMB) for the new "4680 cylindrical battery" production line at the second factory in Wuchang, Chungbuk, South Korea. The production line is used to supply Tesla and build 4680 battery mass production equipment with a scale of 9 GWh.
LG Energy Solution plans to put it into mass production in the second half of next year, which will achieve the world's fastest mass production of 4680 cylindrical products. The 4680 cells produced by LG Energy Solution will be composed of nickel, cobalt, manganese and aluminum (NCMA), and in the new battery, nickel will account for 95%, and the proportion of aluminum will also increase.
④ Panasonic
Established time |
March 13, 1918 |
Global headquarters |
Osaka, Japan |
Total market value |
19.657 billion USD |
Company website |
Company profile:
Panasonic is a large Japanese multinational conglomerate that became the world's largest consumer electronics manufacturer in the late 20th century, developing, producing, selling and servicing a range of electrical and electronic products. Panasonic offers a wide range of products and services, including rechargeable batteries, automotive and avionics systems, industrial systems, and home improvement and construction. Its products are used in consumer electronics, housing, B2B and automotive.
Main products and services:
Rechargeable and non-rechargeable batteries including lithium ion, nickel metal hydride, lead acid, coin, nickel cadmium, lithium and alkaline technologies. Additionally, it offers amorphous silicon solar cells and consumer batteries.
Recent layout:
In June 2022, Panasonic officially revealed that it has begun to deliver samples of the new 4680 cylindrical lithium battery cells to Tesla, and has begun preparations for mass production. Panasonic has already started small-scale trial production of 4680 battery cells in May this year, and will enter mass production operations on April 1, 2023, when it will be able to supply Tesla's expected annual capacity of 10GWh.
⑤ BAK
Established time |
August 3, 2001 |
Company location |
Guangdong, China |
Registered capital |
1.386335261 billion RMB |
Company website |
Company profile:
BAK Battery has developed into an international leading new energy company integrating the three core businesses of lithium-ion batteries, electric vehicles and battery recycling. Lithium-ion batteries are the basic business of BAK. As one of the earliest companies in China to enter this field, BAK has always occupied a leading position in the market. Its application in the field of power batteries covers all models, serving more than ten first-tier automakers around the world.
BAK's products and solutions have covered the fields of digital products, energy storage products, new energy vehicles and battery recycling, forming a complete power solution system. The company's core business is consumer digital batteries, power batteries, and battery recycling. Its products and services include cylindrical, prismatic and polymer cells, as well as battery packaging, battery solutions, etc., which are mainly used in new energy vehicles, consumer products and backup storage. areas of energy.
Core products and services:
Small power battery, vehicle power battery, energy storage battery and polymer battery.
Related layout:
In 2021, BAK Battery launched the full-tab 4680 cylindrical battery for the first time in China. In March 2021, BAK stated that the company is cooperating with global customers on the application development of all-tab large cylindrical batteries. The 4680 battery samples are expected to be rolled out in batches within this year, and mass production is expected to start in 2023. In early 2021, BAK announced that it had signed a three-year strategic agreement for joint product development with JAC. According to the agreement, BAK will provide customized solutions for power batteries and battery packs according to the technical requirements of JAC.
⑥ LISHEN
Established time |
December 25, 1997 |
Company location |
Tianjing, China |
Registered capital |
173009.5073 million RMB |
Company website |
Company profile:
LISHEN is the first lithium-ion battery R&D and manufacturing company in China, specializing in the R&D, production and operation of lithium-ion batteries and power batteries. LISHEN's energy storage system products use power lithium battery cells, and the product applications cover new energy power generation facilities, grid power auxiliary services, communication base stations, household energy storage and other fields, and have been supplied to many global high-end customers.
Main products and applications:
Products cover new energy power generation facilities, grid power auxiliary services, communication base stations, household energy storage and other fields.
⑦ SUNWODA
Established time |
December 9, 1997 |
Company location |
Guangdong, China |
Total market value |
53.088 billion RMB |
Company website |
Company profile:
SUNWODA focuses on lithium battery energy storage integration and application technology, focusing on grid energy storage, industrial and commercial energy storage, network energy, household and portable energy storage, and smart energy. It is one of the global Top 10 4680 battery companies. Over the past ten years, it has developed into a global leader in the field of lithium-ion batteries.
SUNWODA began to formally lay out the electric vehicle battery business in 2008, with the electric vehicle battery system (cell, module, BMS and PACK) as the core product, and the upstream extends to key links such as mineral raw materials, battery cathode and anode materials, and the downstream extends To industries such as electric vehicles, energy storage power stations, and power battery cascade utilization, an integrated layout of the entire industry chain has been formed.
Main products and services:
Grid energy storage: battery modules, battery clusters, battery compartments and energy storage systems; Home energy storage: battery modules, battery cabinets, whole system & portable energy storage; Industrial and commercial energy storage: outdoor cabinets.
Related layout:
On May 31, 2022, SUNWODA announced that the company intends to sign the "SUNWODA High Performance Cylindrical Lithium Ion Battery Project Investment Agreement" with the Lanxi Municipal People's Government of Zhejiang Province. The "Construction of an annual output of 310 million high-performance cylindrical lithium-ion battery project" plans to invest a total of 2.3 billion yuan. The design, approval and project construction will start in August 2022, and it will be put into use in December 2023. This is SUNWODA's first deployment of cylindrical lithium battery products.
⑧ Samsung SDI
Established time |
1970 |
Global headquarters |
Gyeonggi-do, South Korea |
Total market value |
37.10 trillion KRW |
Company website |
Company profile:
Samsung SDI is a subsidiary of Samsung Group in the field of electronics, referring to the picture tube production department of Samsung in China. It is a battery and electronic materials manufacturer. Samsung SDI operates its business with Energy Solutions and Electronic Materials segment. The Energy Solution segment manufactures rechargeable batteries used for IT device, automotive, and Energy Storage System (ESS) applications, and the Electronic Materials segment produces materials for semiconductors and displays.
Main products and services:
Small-sized Li-ion battery, automotive battery, ESS, electronic materials.
Recent layout:
Recently, Samsung SDI is installing and debugging a new 4680 cylindrical battery cell production line for Tesla in its factory in Tianan City. The battery factory will verify the technology within a year and will start production in 2023. As a result, Samsung SDI will become the third largest supplier of batteries for Tesla's electric vehicles. In addition, Samsung SDI is testing the production of a cell of a similar size, a slightly shorter cell made for German automaker BMW.
⑨ SVOLT
Established time |
February 12, 2018 |
Company location |
Jiangsu, China |
Registered capital |
324318.2011 million RMB |
Company website |
Company profile:
SVOLT is a new energy high-tech company specializing in the research, development and manufacture of automotive power batteries and energy storage systems. As one of the Top 10 power battery companies, SVOLT focuses on the R&D and manufacturing of automotive power battery materials, cells, modules, PACK, BMS, and energy storage products. Its business involves the entire upstream and downstream industry chain of lithium batteries.
Main products and services:
Automotive power battery materials, cells, modules, PACK, BMS and energy storage products.
Related layout:
SVOLT exhibited a 23Ah "4680" battery in 2021, with NCM positive electrode, planned energy density of 235Wh/kg, and a cycle life of more than 1200 times. It is used in pure electric vehicles. BMW Brilliance will participate in the research and development of its "4680" battery.
⑩ YaHua
Established time |
December 25, 2001 |
Company location |
Sichuan, China |
Registered capital |
38.841 billion RMB |
Company website |
Company profile:
YaHua specializes in the R&D, manufacturing, sales and trade of lithium salt products, and now has a comprehensive production capacity of 43,000 tons of lithium salt products. 2022 one. YaHua products are widely used in battery, metallurgy, petrochemical and other industries.
Lithium industry products:
Lithium carbonate,lithium hydroxide and other lithium salt series.
Recent layout:
On April 17, 2022, YaHua stated that the company is the main supplier of Tesla's 4680 battery, and it is expected that the company's annual production of this battery will increase by 10 times this year and next.
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