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The fierce competition within the top 10 power battery cell manufacturers in 2025 in the world changing and showing industry has highlighted the development trend of the global power battery industry.
This article will introduce the top 10 power battery cell manufacturers in 2025 in the world and provide some latest news about them. If your are going to choose an electric vehicle, this article is for your reference when you consider the power battery in the car.
Top 10 power battery cell manufacturers in 2025 in the world
By the end of 2024, the cumulative sales of new energy vehicles in China reached 11.35 million units, a year-on-year increase of 49.7%.
The installed capacity of power batteries is about 531 GWh, a year-on-year increase of 47.6%. The total installed capacity of the top ten global power battery manufacturers is approximately 510.8 GWh, accounting for 96.2% of the total installed capacity.
The following is the list of the top 10 power battery cell manufacturers in 2025 in the world, and some basic information about them will be introduced in order.
|
Ranking |
Company |
|
1 |
CATL |
|
2 |
BYD |
|
3 |
LGES |
|
4 |
CALB |
|
5 |
SK on |
|
6 |
Panasonic |
|
7 |
Samsung SDI |
|
8 |
Gotion |
|
9 |
EVE |
|
10 |
Sunwoda |
CATL
| Company website | https://www.catl.com/en/ |
| Founded | in 2011 |
| Company headquarter | Fujian Province, China |
Company overview
CATL is one of the leading power battery manufacturers in China with international competitiveness which is also the head of the top 10 power cell manufacturers in 2025 in the world.
It was founded in 2011, listed on the Shenzhen Stock Exchange in 2018 (300750), and subsequently listed on the Hong Kong Stock Exchange in May 2025 (03750). The company's main business includes power batteries, energy storage batteries, and battery recycling. Headquartered in Ningde, Fujian, it has six R&D centers and thirteen production bases globally, serving customers including automakers, energy storage integrators, and mining companies.
It focuses on the research and development, 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.
In the manufacturing of battery cells for power batteries, CATL's advantages mainly include scale effect, wide technological coverage, strong system solution capabilities, and high trust from global customers and brands. The scale effect leads to lower unit costs and a more complete supply chain; its products cover various chemical systems, including lithium iron phosphate (LFP), ternary high-nickel, and even sodium-ion batteries, and have achieved batch production of sodium-ion batteries.
Main products
Development, production, sales, and after-sales service of lithium-ion batteries, lithium polymer batteries, fuel cells, power batteries, ultra large capacity energy storage batteries, supercapacitors, battery management systems and rechargeable battery packs, wind and solar energy storage systems, related equipment and instruments.
Company updates
At the 2025 Munich Motor Show, CATL launched its NP3.0 technology, constructing a "safety triangle" through eight technologies, including flame-retardant electrolytes and nano-dot coated cathode materials, achieving the world's highest safety level of "uninterrupted high-voltage power supply, power retention, and no open flame or smoke" after battery thermal runaway.
BYD
| Company website | https://www.bydglobal.com/en/index.html |
| Founded | in 1995 |
| Company headquarter | Shenzhen, China |
Company overview
BYD started as a battery manufacturer and later developed into an OEM, while also manufacturing power battery cells. According to data, in 2024, its EV battery shipments were approximately 153.7 GWh, accounting for approximately 17.2% of the global market. Although its main business is complete vehicles, BYD possesses strong capabilities in battery cell manufacturing, with its "Blade Battery" technology being widely known. BYD is accelerating its global expansion, increasing production capacity in Europe and North America.
BYD's core advantages include its independent full-industry chain capabilities, innovative Blade Battery design, strong cell technology iteration capabilities, and rapid scale expansion. BYD's integrated capabilities from cells and battery packs to complete vehicles enable its batteries to have high vehicle compatibility and cost advantages. The flat structure of the Blade Battery improves space utilization, safety, and thermal management performance.
Main products
BYD's business layout covers fields such as electronics, automobiles, new energy, and rail transit, building a comprehensive zero emission new energy solution from energy acquisition, storage, to application.
Company updates
In August 2025, BYD's total installed capacity of new energy vehicle power batteries and energy storage batteries was approximately 23.175 GWh, a year-on-year increase of 22.97% and a month-on-month increase of 3.69%. The cumulative installed capacity from January to August 2025 was approximately 180.051 GWh, a year-on-year increase of 66.8%.
LGES
| Company website | https://www.lg.com/uk/ |
| Founded | in 2020 |
| Company headquarter | Seoul, South Korea |
Company overview
LG Energy Solution (LGES) is a power battery company under the South Korean LG Group. LGES, established in December 2020, was spun off from LG Chem's battery business unit. The company has approximately 32,071 employees (as of 2024). LGES officially entered the power battery field in 2009 and rapidly rose to prominence, becoming a core player in the global power battery market, thanks to its collaborations with automakers such as General Motors.
LGES's advantages include advanced processes and large-scale production capabilities, a rich product portfolio, and a global manufacturing footprint. The company has built a large-scale battery production base in Arizona, USA, covering EV cylindrical batteries and ESS batteries, with products encompassing cylindrical, pouch/cell, and energy storage applications. Compared to CATL and BYD, LGES has a competitive advantage due to its localized presence in North America and Europe, but its overall scale is still slightly smaller than that of leading Chinese manufacturers.
Main products
LGES provides global customers with a series of power battery cells, modules, BMS, and battery packs that integrate multiple innovative technologies.
Company updates
From January to August 2025, LGES ranked third globally in power battery installations, with a market share of approximately 9.7%, representing a year-on-year growth of 13.3%. In the North American market, Panasonic and its subsidiary Panasonic together hold approximately 54.6% of the market share, primarily due to their collaborations with automakers such as Tesla and General Motors.
CALB
| Company website | http://en.calb-tech.com/ |
| Founded | in 2007 |
| Company headquarter | jiangsu Province, China |
Company overview
Founded in 2007, CALB, formerly known as AVIC Lithium Battery, was listed on the Hong Kong Stock Exchange Main Board in 2022, becoming the first listed power battery company in Hong Kong. It primarily engages in the research, development, production, sales, and market application development of lithium-ion power batteries, battery management systems, energy storage batteries, and related integrated products and lithium battery materials, providing power solutions for new energy vehicles, energy storage systems, electric ships, construction machinery, and other fields.
CALB's products cover LiFePO4 and NMC cells for electric vehicles and energy storage systems, offering advantages in cost control and safety, and boasting rapid capacity expansion.
Main products
CALB specializes in the research, production, sales, and market application development of lithium batteries, battery management systems, related integrated products, and lithium battery materials such as lithium ion battery electrolyte.
Company updates
At the 8th International Symposium on Advanced High-Power Batteries in 2025, Zhongchuang Innovation showcased its top-tier large cylindrical battery technology. Through optimized structural design (such as an integrated current collector and stainless steel casing) and manufacturing processes, it significantly reduces internal resistance, improves energy density, and enhances safety.
The first-generation product achieves an energy density of 310Wh/kg, supports 10C discharge and 12-minute fast charging, and is planned for mass production in February 2026. The second-generation semi-solid-state battery targets an energy density of 350Wh/kg and will be launched in the fourth quarter of 2026.
SK on
| Company website | https://eng.sk.com/ |
| Founded | in 2021 |
| Company headquarter | Seoul, South Korea |
Company overview
SK On is a battery manufacturer under the South Korean SK Group, focusing on the supply of battery cells and systems. The SK Group provides strong financial support and has optimized its financial structure and expanded business synergies through multiple restructurings, such as the merger with SK EnMove in 2025.
SK On announced the establishment of a solid-state battery pilot plant in Daejeon, aiming for commercialization by 2029; and has also established joint ventures with automakers to set up factories in the US and other locations to expand production capacity.
In addition to EV cells, SK On is also expanding into the energy storage system (ESS) field, for example, by signing an LFP ESS battery supply agreement. Its highlight lies in the parallel development of solid-state batteries and LFP products, but compared to CATL and BYD, its overall scale is still small, and it faces challenges in profitability and market volatility.
Main products
High nickel NCM battery, lithium iron phosphate (LFP) battery, solid-state battery.
Company updates
SK On SK On's global installed capacity of power batteries reached 10.5 GWh in the first quarter of 2025, a year-on-year increase of 35.6%, with a market share of 4.7%, ranking fourth globally. SK On is accelerating the research and development of polymer, oxide, and sulfide solid-state power batteries, and has discovered a new protective layer technology that is expected to significantly improve the cycle life of lithium metal batteries. Its first pilot plant, built in cooperation with Solid Power, is expected to be completed in the second half of 2025 and will be used for testing new batteries.
Panasonic
| Company website | https://holdings.panasonic/global/ |
| Founded | in 1918 |
| Company headquarter | Ōsaka shi, Japan |
Company overview
Panasonic is a long-established Japanese electronics giant. Its battery business falls under the Automotive Electronics and Electromechanical Systems segment, encompassing a variety of products including lithium-ion and nickel-metal hydride batteries, widely used in electric vehicles and energy storage systems. Its new EV battery plant in North America has a planned annual capacity of 32 GWh.
Panasonic has accumulated extensive manufacturing experience in power battery cells through long-term collaborations with OEMs such as Tesla. The company excels in high-energy-density cell technology, focusing on high-nickel systems and next-generation cells, and is expanding its manufacturing capabilities in the United States. Compared to Chinese manufacturers, Panasonic has advantages in process technology and brand trust, but may lag behind some Chinese manufacturers in rapid capacity expansion and cost control.
Main products
Home appliances and appliances, equipment and systems for manufacturing and logistics, batteries and electronic components for mobile and social infrastructure, etc., provide products and solutions that contribute to customers' daily lives and businesses.
Company updates
From January to August 2025, Panasonic's installed power battery capacity reached 25.8 GWh, a year-on-year increase of 16.2%, with a market share of 3.7%, ranking sixth globally. Panasonic, the only Japanese company to rank among the global top ten battery manufacturers, has experienced fluctuations in market share and ranking in recent years, primarily due to changes in Tesla sales and market competition. Despite increased installed capacity, it still faces fierce competition from Chinese companies.
Samsung SDI
| Company website | https://www.samsungsdi.com/ |
| Founded | in 1970 |
| Company headquarter | Gyeonggi-do, South Korea |
Company overview
Samsung SDI is one of South Korea's leading manufacturers of power battery cells, covering two major areas: energy solutions (including power batteries, energy storage batteries, and small lithium-ion batteries) and electronic materials. Its technology primarily focuses on prismatic batteries, using ternary NCM or NCA cathode materials, resulting in high energy density and strong safety. Simultaneously, it is actively developing cylindrical battery (such as the 46 series) and all-solid-state battery technologies.
Samsung SDI's main advantages lie in its high-nickel and NCA cell technologies, suitable for high-performance electric vehicle customers; high product quality and brand trust; and a global production capacity layout to serve regional needs. The company is particularly competitive in the high-energy-density, high-safety cell segment.
Main products
Samsung SDI's main businesses include two major areas: secondary lithium batteries and electronic materials. The secondary lithium battery business is further divided into three major segments: small consumer batteries, automotive batteries, and energy storage batteries.
Company updates
From January to August 2025, Samsung SDI's global installed capacity was 20.0 GWh, a year-on-year decrease of 9.1%, with its market share falling to 2.9%. Order reductions from its major customers, Audi and Rivian, led to the decline in installed capacity, making it the only company among the top 10 to experience negative growth. In May 2025, Samsung SDI and LG Energy planned to build a lithium iron phosphate (LFP) battery production base in the United States to meet market demand for low-cost batteries.
Gotion
| Company website | https://www.gotion.com.cn/ |
| Founded | in 2006 |
| Company headquarter | Anhui Province, China |
Company overview
Gotion is a Chinese lithium-ion battery manufacturer, producing LFP and NMC cells. The company focuses on lithium iron phosphate (LFP) technology while also expanding into ternary lithium, solid-state batteries, and energy storage. Its products are widely used in new energy vehicles, energy storage power stations, and other fields.
Covering LFP, ternary, sodium-ion, and 46mm cylindrical batteries, with the 46mm cylindrical battery specifically developed for eVTOL (eVehicle-to-Air) vehicles, boasting an energy density of 300Wh/kg, mass production is planned for 2026. A closed loop has been formed from lithium mining (Yichun lithium mica mine), material production to recycling, with eight R&D centers and 20 manufacturing bases globally, holding over 10,000 patents.
Main products
Gotion specializes in lithium iron phosphate materials and batteries, ternary materials and batteries, power battery packs, energy storage battery packs, and battery management systems. Its products are widely used in the field of new energy vehicles such as passenger cars, commercial vehicles, and special-purpose vehicles, and provide green energy system solutions for energy storage customers.
Company updates
Gotion announced the launch of a 0.2GWh annual capacity Gemstone solid-state battery pilot production line in 2025. This battery achieves an energy density of 350Wh/kg and a volumetric energy density of 800Wh/L, and has completed vehicle integration and road testing. The company plans to achieve mass production of solid-state batteries by 2030.
At the 2025 Energy Storage International Summit, Guoxuan High-Tech showcased large-capacity energy storage cells such as 588Ah and 600Ah+, with a cycle life of 12,000 cycles, suitable for industrial, commercial, and large-scale energy storage projects. Its energy storage system improves energy efficiency and safety through optimized design.
EVE
| Company website | https://www.evebattery.com/en |
| Founded | in 2001 |
| Company headquarter | Guangdong Province, China |
Company overview
EVE Energy Co., Ltd., founded in 2001 and listed on the Shenzhen Stock Exchange's ChiNext board in 2009, has become a global lithium battery platform enterprise covering three major scenarios: consumer, power, and energy storage. It provides a complete supply chain solution from materials to cells to BMS to systems. In the power battery sector, it covers square lithium iron phosphate, pouch/square ternary, large cylindrical, modules, BMS, and complete battery pack systems.
EVE's product line is diversified, providing battery solutions for energy storage systems in addition to EV cells. As a growing lithium battery manufacturer, EVE is gradually expanding in domestic and international markets and has the potential for rapid growth. It may have advantages in cost and safety in some low-to-medium power or mid-sized vehicles and energy storage scenarios.
Main products
EVE's consumer battery products include lithium primary batteries, small lithium-ion batteries, and cylindrical batteries. The comprehensive solution for power batteries includes square ternary batteries, square lithium iron phosphate batteries, soft pack ternary batteries, large cylindrical batteries, power and energy storage battery systems.
Company updates
EVE's revenue in the third quarter of 2025 was RMB 16.832 billion, a year-on-year increase of 35.85%; net profit attributable to shareholders was RMB 1.211 billion, a quarter-on-quarter increase of 140.16% and a year-on-year increase of 15.13%.
In the third quarter, combined shipments of power batteries and energy storage batteries reached 32.81 GWh, a year-on-year increase of 49.48%. In the first three quarters, power battery shipments reached 34.59 GWh, a year-on-year increase of 66.98%; energy storage battery shipments reached 48.41 GWh, a year-on-year increase of 35.51%.
Sunwoda
| Company website | https://en.sunwoda.com/ |
| Founded | in 1997 |
| Company headquarter | Shenzhen, China |
Company overview
Sunwoda originated from consumer electronics battery manufacturing and later transitioned to supplying electric vehicle batteries and cells. Headquartered in Shenzhen, China, it primarily researches and develops advanced technologies such as semi-solid/all-solid batteries and silicon anode materials, achieving energy densities exceeding 400Wh/kg and cycle lives exceeding 12,000 cycles. It supplies power batteries to automakers such as Li Auto, XPeng, GAC, Renault, and Nissan, covering BEV, PHEV, and HEV models.
Sunwoda's strengths lie in its strong technological transformation capabilities, with extensive experience in migrating from consumer electronics to electric vehicle batteries, modules, and battery systems; its flexible service capabilities, suitable for niche markets such as small and medium-sized cars, two-wheelers, and energy storage; and its production capacity and presence in China, Vietnam, Hungary, and India.
Compared to leading manufacturers, Sunwoda still lags behind in scale, brand recognition, and global customer network, but it is competitive in terms of flexible services in niche markets.
Main products
Sunwoda specializes in the research and development, design, production, and sales of lithium-ion battery modules.
Company updates
On October 30, 2025, Sunwoda Power and Hong Kong Sunwoda Power planned to invest in the second phase of a green energy lithium battery factory project in Thailand, using their own and self-raised funds. The project has a planned annual production capacity of 17.4 GWh, with an investment of no more than US$482 million, equivalent to approximately RMB 4.327 billion at the current exchange rate.
Conclusion
The condition of the top 10 power battery cell manufacturers in 2025 in the world demonstrates the thriving development and fierce competition of this industry. The strong rise of Chinese companies and the continuous efforts of Korean and Japanese companies are driving the global power battery industry forward.
In the future, with the continuous growth of the electric vehicle market and advances in technology, competition in the global power battery market will become even more intense.
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