CATL Retains Top Position as World’s Biggest EV Battery Maker (2023)


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CATL Retains Top Position as World’s Biggest EV Battery Maker (1)

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Contemporary Amperex Technology Co. Ltd. easily maintained its pole position as the world’s biggest maker of electric-car batteries as of the end of March with its share edging slighter higher to 35%, according to Seoul-based SNE Research’s latest report.

Despite steep rises in raw materials prices, CATL, as the Chinese company is better known, increased its market position from 34.4% at the end of February. South Korea’s LG Energy Solution came in second as of March 31 at 15.9%, followed by China’s BYD Co. at 11.1%. BYD is also a big maker of both electric and regular automobiles.

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Is CATL the largest battery manufacturers in the world? ›

CATL. Contemporary Amperex Technology Co. Limited, also known simply as CATL, is a Chinese battery company that manufactures lithium-ion EV batteries. Currently the biggest lithium-ion battery manufacturers on the planet, CATL is responsible for the creation of 96.7 gigawatt hours (GWh) of the planet's 296.8 GWh.

Who is the largest EV battery maker in the world? ›

1. CATL. The leading brand in EV battery manufacturing has to be CATL, which has expanded its market from a margin of 2% which was 32% in 2021 and 34% in 2022. CATL dominates one-third of the Ev market.

Is China the world's largest producer of EV batteries? ›

Contemporary Amperex Technology (CATL), based in east China's Fujian province, retained its position as the world's largest EV battery producer, according to Seoul-based SNE Research.

Who is China's biggest battery manufacturer? ›

China-based CATL, the world's top supplier, expanded its market share from 32% in 2021 to 34% in 2022. One-third of the world's EV batteries come from the Chinese company, which provides lithium-ion batteries to Tesla, Peugeot, Hyundai, Honda, BMW, Toyota, Volkswagen, and Volvo.

Who is the largest US battery manufacturer? ›

East Penn Manufacturing – The world's largest single site, family-owned lead-acid battery manufacturer.

Who is the largest manufacturer of lithium batteries in the US? ›

Tesla- Panasonic's US gigafactory is the world's largest lithium-ion manufacturing factory.

Who is making the Forever battery for EV cars? ›

In 2010, alongside a few tech execs and with backing from some of the most prestigious venture capital firms in the world, they started a company called QuantumScape (QS). Twelve years later, that company has solved the solid-state battery problem.

Who is second biggest battery EV player in US? ›

The second biggest supplier of EV batteries is LG Energy Solution (formerly called LG Chem), which had a much lower but still significant 14% of the global EV battery market. BYD is on LG Energy Solution's tail, with 12% of the market, and Panasonic is right behind BYD, with 10% share.

Who is the largest EV charging company in the US? ›

ChargePoint. ChargePoint, which is headquartered in California, is the nation's largest charging network, though it's primarily a Level 2 network.

What battery company did Bill Gates invest in? ›

Form Energy Inc., an energy-storage company backed by Bill Gates's Breakthrough Energy Ventures, is planning a $760 million factory in West Virginia, the latest plant announced in the aftermath of President Joe Biden's landmark climate law.

What car companies use CATL batteries? ›

CATL, or Contemporary Amperex Technology Co. Limited , is a supplier to companies such as Tesla and Ford. In January, the Chinese battery manufacturer launched its battery swapping business called EVOGO in China across 10 cities.

Who are the leaders in EV battery technology? ›

Contemporary Amperax Technology Co., Ltd (CATL) is the global leader in electric vehicle batteries and is the main supplier for companies such as Tesla, NIO, Ford, BMW, and more.

What company is the largest producer of lithium batteries? ›

The Largest Lithium Miners

The world's largest lithium producer, Albemarle Corporation, operates at the Chilean resource of Salar de Atacama in partnership with the second biggest producer, Sociedad Química y Minera de Chile (SQM).

Who are the biggest EV battery manufacturers in China? ›

Contemporary Amperex Technology Limited (CATL), based in Ningde in east China's Fujian province, is now the world's largest EV battery maker. It counts Tesla and BMW as customers and supplies one-third of the EV batteries worldwide.

Who is the largest producer of lithium batteries? ›

Lithium is a lightweight metal used in the cathodes of lithium-ion batteries, which power electric vehicles. The need for lithium has increased significantly due to the growing demand for EVs. The three largest producers of lithium are Australia, Chile and China.

Is California building the largest battery in the world? ›

#1 Vistra Moss Landing Energy Storage Facility

The 400MW/1,600MWh Moss Landing Energy Storage Facility is the world's biggest battery energy storage system (BESS) project so far. The massive energy facility was built at the retired Moss Landing Power Plant site in California, US.

Is California building the largest battery? ›

Out in the desert in Riverside County, the world's largest single-phase battery is now operational. Named Crimson Storage, the new project comes in at 350 MW/1400MWh in size and will be able to provide power for 47,000 homes each year, and add much-needed flexibility to the state's grid.

Who are the top battery manufacturers in USA? ›

Biggest companies in the Battery Manufacturing industry in the US. IBIS World covers 9 companies in the Battery Manufacturing in the US industry, including Clarios, Energizer Holdings, Inc., Panasonic Corp, Enersys and Duracell.

What company is making the new super battery? ›

QuantumScape: The Company Solving the “Forever Battery” Challenges. While the theory behind solid-state batteries is super exciting, the application of such next-generation batteries has been essentially non-existent to-date. Why? Two major challenges.

What U.S. company produces the most lithium? ›

Albemarle Corp.

Albemarle is the biggest company on the list and the world's largest lithium producer. Albemarle operates the only active lithium mine in the U.S., located in Silver Peak, Nevada. Lithium is ALB's biggest line of business, accounting for just over half of the company's revenue.

What American company makes lithium batteries? ›

Biggest companies in the Lithium Battery Manufacturing industry in the US. IBIS World covers 2 companies in the Lithium Battery Manufacturing in the US industry, including Panasonic Corp and LG Chem Michigan Inc.

What stock is behind the Forever battery? ›

QuantumScape (NYSE:QS) is hands-down the leader in the commercialization of solid-state battery technology. The company will likely close out 2022 with $1 billion in cash, indicating the company has a fully financed runway for the next 24 months.

Who is Tesla's biggest battery supplier? ›

Panasonic is the sole maker of the more advanced Tesla battery, ensuring it remains a key supplier to the U.S. company, at least for its pricier models, even as the EV maker seeks out battery suppliers in China and elsewhere.

What is the most promising battery technology? ›

Most Advanced Battery Technologies That Will Power the Future
  • New-Generation Lithium-Ion Battery.
  • Lithium-Sulfur Battery.
  • Saltwater Battery.
  • Solid State Battery.
  • Cobalt-Free Lithium-ion Battery.
Jan 22, 2023

Who are the 3 battery manufacturers? ›

Combined, CATL, LG Energy Solution, BYD, and Panasonic make up more than 70 percent of the global market share of automotive battery sales in the first six months of 2022, with a total of 143.6 gigawatt hours worth of batteries sold.

What is the world's biggest EV company? ›

Tesla Inc. is the world's top EV maker by vehicles sold, followed by companies including China's BYD Co. and Germany's Volkswagen AG, according to Bloomberg Intelligence.

Who are the 3 car battery manufacturers? ›

Yet nearly all the 12-volt car batteries built and sold in the US come from either Clarios, East Penn or Exide, the main manufacturers.

Who is the market leader in EV charging stations? ›

Who are the key players in Electric Vehicle Charging Station Market? ABB, Siemens AG, State Grid Corporation of China, Tesla Inc., TGOOD Global Ltd are the major companies operating in Electric Vehicle Charging Station Market.

What are the biggest EV charging companies in the world? ›

The largest EV charging station companies in the world are EVBox (Netherlands), ChargePoint, Inc (USA), ABB (Switzerland), Teld New Energy (China), Star Charge (China)

What is the holy grail of battery technology? ›

The new type of battery I am working on — the lithium metal battery — is the “holy grail” of battery technology because it could provide the highest possible energy density, potentially double that of lithium-ion batteries. This means we could get double the mileage of an EV on a single charge.

What is the new battery to replace lithium? ›

Sodium-ion batteries have great promise. They're energy dense, nonflammable, and operate well in colder temperatures, and sodium is cheap and abundant. Plus, sodium-based batteries will be more environmentally friendly and even less expensive than lithium-ion batteries are becoming now.

Who makes the battery that could change the world? ›

While countries such as China vie for power over cobalt mines and lithium salt beds around the world, Natrion envisions an America that sources, produces and builds its own battery materials domestically. It's a future they can believe in, as they lay the groundwork for it, one battery at a time.

Does Tesla use CATL batteries? ›

CATL will supply so-called 'M3P' batteries to Tesla for the first time for the Model Y with a 72 kWh battery from the fourth quarter of 2022. The cathode is no longer made of lithium iron phosphate, but of lithium manganese iron phosphate (LMFP).

Can I invest in CATL stock? ›

Purchase through Interactive Brokers: Interactive Brokers is one of the few U.S. brokerages that allow American investors to buy Chinese class A shares. Buy a battery-themed ETF that owns CATL: There are several ETFs that target the electric battery market and own shares in CATL.

Where does CATL buy its lithium? ›

The outright acquisition of a lithium miner by CATL follows its purchase of stakes in Argentina-focused lithium company, Neo Lithium Corp, as well as in Greenland-focused North American Nickel and Australia's Pilbara Minerals as it looks to shore up supply of key battery ingredients.

Which automaker has the best battery technology? ›

Nikkei recently reported that Toyota is by far the world's leader in solid-state battery patents and has said it will have a limited production vehicle using the tech by 2025.

Who is Tesla buying lithium from? ›

Tesla buys lithium for its batteries directly from mines. In spring 2022, the company reportedly signed two significant contracts with Australian mining operators; specifically, the lithium-spodumene concentrate comes from Core and Liontown Resources. In addition, Tesla purchases lithium hydroxide from Ganfeng.

Who is the leader in lithium production? ›

Australia accounted for 52% of global lithium production in 2021 and was the #1 lithium mining country in the world. Chile ranked #2 with its 24.5% share followed by China's 13.2% share. Overall, Australia, Chile and China produce 90% of lithium production in the world.

Who is the EV leader in China? ›

China's BYD Auto remained the global market leader, shipping more than 537,000 EV units -- an increase of 197 per cent (on-year) -- in the third quarter this year, leaving Tesla far behind globally.

Is lithium mining worse than oil drilling? ›

Lithium mining does have an environmental impact, but it is no worse than oil drilling. This is especially true when you consider the carbon emissions produced from petroleum products during their usage, as compared to lithium-ion batteries that have little to no GHG emissions during their use.

Who is the largest lithium mine in the world? ›

The Greenbushes lithium mine is an open-pit mining operation which is in Western Australia and is the world's largest hard-rock lithium mine. It is located to the south of the town of Greenbushes, Western Australia.

Where does the U.S. rank in lithium production? ›

List of countries by lithium production
United States5,000
8 more rows

What is the biggest battery company? ›

The leading battery supplier, CATL, expanded its market share from 32% in 2021 to 34% in 2022. One-third of the world's EV batteries come from the Chinese company. CATL provides lithium-ion batteries to Tesla, Peugeot, Hyundai, Honda, BMW, Toyota, Volkswagen, and Volvo.

Who is the competitor of CATL? ›

CATL's competitors and similar companies include Shenzhen Senior Technology Material, Shanghai Electric, LONGi Group and BYD.

Which company has the best EV battery technology? ›

The leading battery supplier, CATL, expanded its market share from 32% in 2021 to 34% in 2022. One-third of the world's EV batteries come from the Chinese company. CATL provides lithium-ion batteries to Tesla, Peugeot, Hyundai, Honda, BMW, Toyota, Volkswagen, and Volvo.

Where does CATL get its lithium? ›

The Chinese battery cell manufacturer CATL has secured the mining rights for a lithium mine in Yichun in Jiangxi province for 865 million yuan (123 million euros). According to CATL, the mine is expected to yield 2.66 million tonnes of lithium metal oxide. The prospect area reportedly covers 6.44 square kilometres.

Who makes lithium batteries for Tesla? ›

CATL is the world's largest electric vehicle battery maker and supplier to the likes of Tesla and Ford.

What company makes the Forever battery for EV cars? ›

Forever batteries have arrived.

But believe it or not, QuantumScape stock is far from the only solid-state battery stock out there with millionaire-maker potential.

What company makes the super battery for electric cars? ›

Combined, CATL, LG Energy Solution, BYD, and Panasonic make up more than 70 percent of the global market share of automotive battery sales in the first six months of 2022, with a total of 143.6 gigawatt hours worth of batteries sold.


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