Lithium EV Battery Manufacturers: Market Share & Concentration

Battery Manufacturer Directory · Data period 2024–2025 (SNE Research) · Last reviewed 2026-09-15

Direct answer: The lithium EV battery market is a duopoly on top of a national concentration. CATL holds roughly 38% of global installed capacity and BYD about 17% — together ~55%. Chinese manufacturers as a whole account for about 70% of global EV battery installations. LG Energy Solution is third at around 9–11%, ahead of Samsung SDI, SK On, CALB and Panasonic.

Installed capacity and share (2024–2025)

ManufacturerCountryGlobal share (approx.)Note
CATL (宁德时代)China~38%Clear #1
BYDChina~17%Vertical (own EV demand)
LG Energy SolutionSouth Korea~9–11%Share declining from ~13.5% (2024)
Samsung SDISouth KoreaMid single digitsNMC focus
SK OnSouth KoreaMid single digitsNMC focus
CALB / EVE / GotionChinaNext tierFast-growing

Share figures are for installed EV battery capacity and vary by period (calendar year vs Jan–Nov 2025); they measure gigawatt-hours installed, not cell quality, safety or profitability. Source: SNE Research.

The structural story: concentration, not just ranking

The most important fact is not who is number one — it is how concentrated the market is. Two companies (CATL and BYD) install over half the world's EV batteries, and Chinese manufacturers as a group install about 70%. That concentration shapes everything downstream: pricing power, technology roadmaps (LFP vs NMC) and supply-chain risk. A buyer or analyst who reads the rankings without the concentration misses the story.

Why BYD is different

BYD's share is unusual because much of it is self-consumed — BYD makes both the batteries and the EVs they power. That vertical integration is structurally different from CATL, which sells cells to many automakers. It matters when comparing the two: CATL's share is a measure of its customer base; BYD's is partly a measure of its own vehicle sales.

The Editor's View

My read: The number worth remembering about the EV battery market is not "CATL is first" — it is "China installs about 70%," because that single concentration explains pricing, supply risk and policy more than any individual ranking.

The reasoning: Rankings change slowly; concentration is structural. Once you see that two Chinese companies hold over half the market and China holds 70%, the price and supply dynamics follow — and the Korean and Japanese tier is fighting for the remaining share in a market whose centre of gravity is already set.

This is the author's editorial view, not investment or purchasing advice.

Sources

Complete Lithium list

Every profile recorded for this region, including the long tail. The verification label describes the evidence held at the review date, not a quality ranking.

CompanyHeadquartersChemistryProductsVerification
ACC (Automotive Cells Co) Bruges, France, France / Germany / Italy Lithium (NMC) EV cells & packs Claimed
AESC Wuxi, Jiangsu, China / Japan Lithium (NMC) EV cells & packs Claimed
BYD Shenzhen, Guangdong, China Lithium (LFP) EV Blade battery, energy storage Claimed
C&D Technologies Horsham, Pennsylvania, United States Lead-acid (VRLA) + Lithium Standby power for telecom and utilities Claimed
CALB Changzhou, Jiangsu, China Lithium (LFP/NMC) EV cells & packs Claimed
CATL Ningde, Fujian, China Lithium (LFP/NMC) EV cells & packs, energy storage Claimed
CBAK Energy Shenzhen / Dalian, China Lithium (NMC / LFP) Cylindrical cells, EV and tool batteries Claimed
Coslight Harbin, China Lead-acid + Lithium Telecom and industrial batteries Claimed
EVE Energy Huizhou, Guangdong, China Lithium (LFP) Cells, power & storage Claimed
Farasis Energy Ganzhou, Jiangxi, China Lithium (NMC/LFP) EV cells & packs Claimed
FIAMM Energy Technology Montecchio Maggiore, Italy Lead-acid (AGM / gel) + Lithium Automotive, motive power and standby batteries Claimed
Furukawa Battery Yokohama, Japan Lead-acid + Lithium Automotive (UltraBattery lineage), industrial and aerospace batteries Claimed
Ganfeng Lithium Xinyu, Jiangxi, China Lithium (LFP / NMC) + lithium materials Lithium chemicals and battery cells Claimed
Gotion High-Tech Hefei, Anhui, China Lithium (LFP) EV cells & packs, storage Claimed
Hithium Xiamen, China Lithium (LFP) Stationary storage cells and systems Claimed
LG Energy Solution Seoul, South Korea Lithium (NMC/LFP) EV cells & packs Claimed
Lishen Tianjin, China Lithium (NMC / LFP) EV, power tool and storage cells Claimed
Microvast Stafford, Texas, United States / China Lithium (NMC / LFP) Commercial-vehicle and bus batteries Claimed
Murata Manufacturing Kyoto, Japan Lithium (consumer cells) Cylindrical cells (Sony battery heritage) Claimed
Northvolt Stockholm, Sweden Lithium (NMC) EV cells (Ett gigafactory) Claimed
Panasonic Osaka, Japan Lithium (NMC) EV cells (cylindrical) Claimed
PowerCo (VW Group) Salzgitter, Germany Lithium EV cells Claimed
REPT Battero Wenzhou, Zhejiang, China Lithium (LFP) EV & storage cells Claimed
Saft Levallois-Perret, France Lithium & nickel & primary Industrial, aerospace, defense Claimed
Samsung SDI Yongin, South Korea Lithium (NMC) EV cells & packs Claimed
Shoto (Shuangdeng) Jiangsu, China Lead-acid + Lithium Telecom, data-centre and storage batteries Claimed
SK On Seoul, South Korea Lithium (NMC / LFP) EV cells Claimed
Sunwoda Shenzhen, Guangdong, China Lithium Consumer & EV cells Claimed
SVOLT Changzhou, Jiangsu, China Lithium (LFP/NMC) EV cells & packs Claimed
Tesla Austin, Texas, United States Lithium (NCA / NMC / LFP) EV cells (4680) and battery packs Claimed
Toshiba (SCiB) Tokyo, Japan Lithium (LTO — lithium titanate) SCiB fast-charge, long-life cells Claimed

Return to Battery Manufacturer Directory · World Battery Hub. Data is researched from public sources and cross-verified; it is informational, not purchasing advice.

More in this cluster