Top LiFePo4 power battery companies in the world in 2025

In January 2025, the global sales of new energy vehicles reached approximately 1.147 million units, a year-on-year increase of 10%, driving the global installed capacity of power batteries to approximately 59.5 GWh, a year-on-year increase of 16%. Among them, the global installed capacity of lithium iron phosphate power batteries reached 29GWh, a year-on-year increase of 34%, accounting for 48.8% of the market share.

In this article, the top LiFePo4 power battery companies in the world in 2025 will be introduced, from basic information to latest news about these companies.

Top LiFePo4 power battery companies in the world in 2025

In 2025, lithium iron phosphate batteries are expected to dominate market demand and occupy an important position in the market due to their mature technology, stable battery performance, and low cost. At the beginning of 2025, the lithium iron phosphate industry will show positive trends such as capacity expansion, order growth, and price increases. 

The following is the list of the top LiFePo4 power battery companies in the world in 2025, for you to know better about the power cell in the world.   

CATL

Company overview

AS the head of the top LiFePo4 power battery companies in the world in 2025 CATL, committed to providing first-class solutions and services for global new energy applications. CATL has established multiple production bases in China, including 13 major battery manufacturing bases in Erfurt, Thuringia, Germany and Debrecen, Hungary, as well as subsidiaries in Munich, Germany, Paris, France, Yokohama, Japan, Detroit, USA.

Main products

Lithium ion batteries, energy storage systems, and battery management systems for electric vehicles.

Company updates

By 2025, Ningde Times alone will have a demand for at least 250000 tons of fourth generation lithium iron phosphate products.

BYD

Company overview

BYD is a high-tech private enterprise with four major industries: electronics, automobiles, new energy, and rail transit. BYD has established more than 30 industrial parks worldwide, achieving a strategic layout on six continents. As one of the top LiFePo4 power battery companies in the world in 2025, BYD's business layout covers fields such as electronics, automotive, new energy, and rail transit. From energy acquisition, storage, to application, BYD aims to build a comprehensive zero emission new energy solution.

Main products

 New energy vehicles, power batteries (such as blade batteries), rail transit equipment, energy storage systems.

Company updates

BYD's second-generation blade battery is undoubtedly another leap in its technological strength. Compared to traditional batteries, a discharge rate of 14C means that the vehicle is more stable at high power output, while a charging rate of 5.5C significantly increases the charging speed.

LGES

Company overview

LGES， Focusing on the power battery industry, the company inherits LG Chem's profound accumulation and technological reserves in the field of battery materials, and is committed to providing high-performance battery products for the global market.

Main products

Electric vehicle batteries, energy storage systems (ESS), battery packs, and BMS technology.

Company updates

LGES has disclosed in detail the development progress of its solid-state batteries, and the development results are expected to reduce the cost of batteries by 30-50%. LGES plans to develop next-generation batteries, including solid-state batteries, and will launch mature products before 2030.

Panasonic

Company overview

Panasonic is a leading global electronics manufacturer and one of the top LiFePo4 power battery companies in the world in 2025. Mainly engaged in providing advanced electronic technology and system solutions for consumers in residential spaces, non residential spaces, mobile fields, and personal fields.

Main products

Consumer electronics, automotive power batteries (such as Tesla cooperation models), energy storage batteries, household appliances.

CALB

Company overview

CALB focuses on the research, development, production, and sales of battery management systems, energy storage batteries, and related integrated products for lithium-ion power batteries. The characteristic of CALB lies in its strong research and development capabilities. As a national level enterprise technology center in China and one of the top LiFePo4 power battery companies in the world in 2025, the company has an independent innovation institution - China Innovation Aviation Research Institute, which focuses on the key technology research and application of power lithium batteries and is committed to building a globally influential lithium battery technology innovation platform.

Main products

Its product line covers two main battery systems: ternary lithium and lithium iron phosphate.

Company updates

The CALB high-performance lithium battery project has started construction in Fujian Province, China, with a planned production capacity of 30GWh. After the project is completed, the CALB Fujian Xiamen base will become a benchmark base for green, modern, and intelligent new energy with an annual output of 60GWh.

Samsung SDI

Company overview

Samsung SDI is a leading company in square power batteries and also one of the top LiFePo4 power battery companies in the world in 2025. Samsung SDI's business scope includes energy solutions and electronic materials.

Main products

Small lithium-ion batteries, power batteries, energy storage systems (ESS), LCD/PDP display technology.

Company updates

In 2025, Samsung SDI announced that it will further invest in the research and mass production of new technologies, including solid-state batteries and lithium iron phosphate (LFP) batteries.

SK on

Company overview

SK on is a subsidiary of SK Group in South Korea, specializing in the research and production of power batteries. It is also one of the top LiFePo4 power battery companies in the world in 2025. As a leading global manufacturer of electric vehicle (EV) batteries, SK On is committed to providing lithium-ion batteries with high energy density and high safety, serving international mainstream car companies such as Hyundai, Kia, Ford, and Volkswagen. Its core strategy is to compete for market share in the global power battery market through technological innovation and global production capacity layout.

Main products

Electric vehicle lithium batteries (such as high nickel NCM batteries, lithium iron phosphate (LFP) batteries, solid-state lithium batteries), energy storage systems.

Company updates

SK On will supply high-performance, high nickel soft pack batteries to Nissan, which are planned to be produced in North America and will be used in Nissan's four next-generation electric vehicles, primarily targeting the North American market.

Gotion

Company overview

Gotion is one of the top LiFePo4 power battery companies in the world in 2025， It is also a globally competitive new energy battery enterprise and green energy solution provider. Gotion's 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.

Main products

Gotion’s main products include lithium iron phosphate materials and batteries, ternary materials and batteries, power battery packs, energy storage battery packs, and battery management systems.

SVOLT

Company overview

As one of the top LiFePo4 power battery companies in the world in 2025, SVOLT has multiple production bases and research and development centers worldwide, focusing on the research, development, production, and sales of battery cells, modules, battery packs, as well as a full range of products including large-scale energy storage, unit energy storage, medium-sized energy storage, home storage, and portability.

Main products

Power batteries (such as cobalt free batteries, short blade batteries), energy storage systems, battery packs, and BMS technology.

Company updates

In 2024, SVOLT will be the first to produce the "Flystack+Fast Charge" golden combination, using independently developed third-generation lithium iron phosphate cathode materials, with an energy density of 188Wh/kg and 2.2C fast charging performance. The peak value can reach 3C or above, reducing charging time to 15 minutes.

EVE

Company overview

EVE, as one of the top LiFePo4 power battery companies in the world in 2025, focuses on consumer batteries, power batteries, and strategic synergy as its main business segments. EVE has a collaborative R&D platform from materials, battery cells, BMS to systems, gathering interdisciplinary R&D teams in electrochemistry, materials, mechanics, electronics and electrical, simulation, etc. Through intelligent R&D simulation, design, and management software, EVE creates a safer, more reliable, and higher performance full range of products.

Main products

Lithium primary battery, small lithium electronic battery, cylindrical battery, square ternary battery, soft pack ternary battery.

Company updates

On March 24, 2025, EVE released two new full pole ear cylindrical batteries, 18650 30PL and 21700 50PL, and launched a comprehensive solution for rate cylindrical batteries, providing a systematic breakthrough for industry pain points.

Conclusion

By 2025, lithium iron phosphate batteries will dominate the global market with cost and safety advantages, accounting for nearly 50% of the market share. CATL and BYD are leading the technological iteration, while Korean companies such as LGES are competing in the high-end field of solid-state batteries. Chinese enterprises rely on their production capacity and supply chain advantages to consolidate their position, SK On、 Honeycomb Energy accelerates its global layout. In the future, the complementary pattern between high nickel ternary and LFP will deepen, with fast charging, recycling, and low-carbon production becoming the competitive core, driving the efficient and sustainable development of the industry.

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