The European battery industry has witnessed significant growth in recent years, with major European battery manufacturers like LG Chem, Continental AG, and Exide Technologies investing heavily in new battery factory projects. The region's focus on sustainability has led to increased demand for eco-friendly battery solutions, with companies like Saft and Leclanché at the forefront of this movement. 

In this article, we will delve into the top 10 battery manufacturers in Europe, exploring their recent developments, market share, and contributions to the region's battery industry. From producing high-quality lithium-ion batteries to developing innovative energy storage solutions, these companies are driving the growth of the European battery market.

The Rise of Battery Manufacturing in Europe

The European Union's ambitious targets to reduce carbon emissions and promote sustainable energy have led to a surge in demand for electric vehicles and renewable energy systems. As a result, the battery manufacturing industry in Europe is experiencing unprecedented growth. According to Blackridge's Europe Battery Market Report, the European battery industry is expected to grow from 10 GWh in 2020 to over 400 GWh by 2030.

Drivers of the Market

• Declining Lithium-ion Battery Prices: The decreasing prices of lithium-ion batteries are a key driver for market growth.

• Rapid Adoption of Electric Vehicles: The increasing adoption of electric vehicles fuels the demand for batteries.

• Growing Renewable Sector: The renewable energy sector's expansion is boosting the need for energy storage solutions.

• Increased Sale of Consumer Electronics: The rise in consumer electronics sales contributes to the battery demand.

Restraints on Market Growth

• Demand-Supply Mismatch of Raw Materials: The scarcity of raw materials challenges the market's expansion.

List of Top Battery Manufacturers in Europe (2025)

Banner Batteries

Banner Batteries, an Austrian battery manufacturer, is a key player in the European market, focusing on lithium battery technology for electric cars and energy storage systems. Founded in 1937, it is headquartered in Linz-Leonding, Austria. It operates in several countries, including Denmark, France, Great Britain, Poland, and Switzerland with 22 of its own branches.

It is known for its advanced battery technology and Start-Stop systems that ensure improved battery lifespan and fuel efficiency. Their products include: 

• Starter & On-Board Batteries

• Accessories for Cars & Commercial Vehicles

• Semi-Traction & Standby Batteries

The company's production capacity and expertise in the battery value chain position it as a leading supplier of electric mobility in Europe. Their batteries are used across several areas, such as:

• Automobiles

• Industry 

• Fun & Leisure

• Water & Snow

• Energy

• Safety

• Special applications include marine, rehab, and communication systems.

Banner Batteries commitment to innovation and collaboration with European cell manufacturers demonstrates its dedication to driving advancements in battery technology in the region.

On 12th November 2024, Banner Energy Solutions launched its Bull High Performance battery. This battery features higher capacity with longer runtime and fast charging.

BYD

BYD Company Limited has grown from a small startup to a global high-tech powerhouse with over 900,000 employees and 30 industrial parks. It was founded in 1995 and is headquartered in Shenzhen, China. The company focuses on a zero-emission energy ecosystem across four main industries:

• Automobile

• Electronics

• New energy

• Rail transit.

BYD has made significant advancements in battery technology, particularly with its innovative Blade Battery, which enhances safety, durability, and performance in electric vehicles. This technology is integral to BYD's comprehensive clean-energy ecosystem, including electric trucks, buses, and forklifts.

As a leader in New Energy Vehicles, BYD has topped NEV sales in China for nine consecutive years and expanded globally to over 400 cities across 70 countries. The company's strategic expansion into European markets underscores its commitment to reducing fossil fuel reliance. 

BYD’s Blade Battery remains one of the market-leading products.  During its nail penetration tests, the Blade battery neither emitted smoke nor fire after penetration. Its surface temperature reached only 30 to 60º C, whereas, under the same conditions, a lithium-ion battery exceeded 500º C and violently burned. Likewise, conventional lithium-ion phosphate block batteries reached a dangerous temperature of 200 to 400º C, thus making it one of the safest available batteries in the market. It was launched by BYD in through one of its EV models, BYD Han EV. 

On 13th February 2025, Stellantis, one of the top electric car companies, announced its deal with BYD for lithium iron phosphate (LFP) batteries. These batteries will be used in Stellantis' new short-range versions of its Citroën ë-C3 and Fiat Grande Panda. These models will be sold at less than EUR 20,000.

In 2025, BYD introduced groundbreaking Blade Battery technology that reduces inefficiencies compared to traditional lithium-ion models. It's designed with thermal control to avoid overheating issues and extend its lifespan. 

On 2nd July 2024, BYD and Ayvens signed a MoU (Memorandum of Understanding). Under this MoU, the companies will provide electric fleet vehicle solutions to its European clients. Avyens, under this MoU, will provide white-label full-service leasing to SMEs and private individual clients through BYD's dealer network. 

CATL

CATL (Contemporary Amperex Technology Co. Limited) is a leading Chinese battery manufacturer and technology company founded in 2011. It has rapidly become a global leader in lithium-ion batteries for electric vehicles (EVs) and energy storage systems, leveraging China's control over rare-earth materials.

EVlithium is the lithium-ion batteries segment in CATL that are designed and used for electric vehicles hence the name, evlithium. 

CATL has developed several groundbreaking technologies, including CTP and the "Qilin" battery, which enhance safety, efficiency, and cost-effectiveness. The company holds a 37.1% share in the global EV battery market and collaborates with major automotive manufacturers worldwide.

Recent innovations include the M3P battery with increased energy density and the Shenxing LFP battery with enhanced ion movement and fast charging capabilities. CATL's strategic expansions and R&D efforts demonstrate its commitment to global growth and sustainable energy solutions.

On 12th February 2025, CATL filed a secondary listing in Hong Kong.

CATL, on 24th October 2024, launched the world's first hybrid vehicle battery - Freevoy Super Hybrid Battery. This battery is designed for hybrid vehicles of EREVs and Plug-in Hybrid Electric Vehicles (PHEV) that deliver charging speeds for over 280 km range on 10 minutes of superfast 4C charging. It is designed with a cathode material and innovative high-voltage electrolyte formulation to create a nano-protective layer for the battery.

Continental AG

Continental AG, a renowned automotive supplier, has actively developed electric vehicle batteries and battery energy storage systems (BESS).  It was founded in 1871 and is headquartered in Hanover, Germany. The company's expertise in the battery supply chain and its partnership with European firms position it as a significant player in the European market. 

It specializes in:

• Automotive Supplier

• EV Batteries 

• BESS

It offers products & services such as: 

• Automotive

• Tires

• ConiTech - a subsidiary of Continental Ag that uses its expertise in materials for systems like rubber, polyamide, metal, textile, and electronic components.

Continental AG's focus on battery cell production and manufacturing capacity aligns with the goals of the European Commission and the European Battery Alliance to strengthen the region's position in the global battery industry.

On 24th August 2024, Continental AG announced its plans to evaluate making its automotive segment an independent company and prepare a spin-off. As a result of this spin-off, the Automotive segment won't be a part of the Continental Group. The Continental shareholders will be the shareholders of the new Automotive Group. The Contract Manufacturing group will also be part of this transaction. 

The potential of this spin-off is expected to be submitted for approval at the annual shareholder's meeting of Continental AG on 25th April 2025. In case of approval, the spin-off will be finalized by the end of 2025.

FIAMM Energy Technology

FIAMM Energy Technology, a division of the FIAMM Group, is a leading manufacturer and distributor of batteries for motor vehicles and industrial applications. It was founded in 1942 and is headquartered in Montecchio Maggiore, Italy.
 

Leveraging advanced lead-acid technology, the company has expanded its global reach through sales and technical offices across Europe and Asia and a robust network of distributors. 

FIAMM is recognized for its diverse battery solutions, catering to both automotive and industrial sectors. The company's product line includes starter batteries for vehicles, industrial batteries for energy storage, and advanced systems for renewable energy applications.

Notably, FIAMM's AGM batteries play a crucial role in supporting Start-and-Stop technology, significantly reducing CO2 emissions. The company continues pushing the boundaries of battery technology with significant advancements in storage solutions, including developing high-performance batteries for electric vehicles and implementing new production processes prioritizing environmental sustainability. These initiatives reflect FIAMM's dedication to meeting the evolving demands of modern energy systems and its role in shaping the future of mobility.

HOPPECKE

Hoppecke Batteries Inc. is one of the subsidiaries of the HOPPECKE Group. It is a German battery manufacturer that specializes in energy storage solutions for various industries, including electric vehicles and technical storage applications. It was founded in 1927 and is headquartered in Brilon, Germany.  

Their key offerings in batteries range include: 

• Lead-acid batteries

• Pure-lead batteries

Apart from batteries, they service their customers in four key areas: 

• Emission-free drivers (trak)

• Secured Power Supply (grid)

• Storage of Regenerative Energies (sun)

• Railways and Metro-systems (rail)

With a strong presence in Eastern Europe and a focus on battery capacity and supply chain management, Hoppecke plays a significant role in the European battery market. It had about 22 subsidiaries with more than 2,000 employees, distributors, production and assembly facilities worldwide. The company's commitment to sustainable practices and collaboration with European firms highlight its dedication to advancing battery technology in the region.

LogiMat2025 is an event by HOPPECKE scheduled from March 11th to 13th, 2025. This event is conducted to showcase HOPPECKE's specialized battery applications.

Leclanché

Leclanché, a Swiss energy storage solutions provider, specializes in lithium-ion battery technology for electric mobility and energy storage applications. It was founded in 1909 and is headquartered in Yverdon-les-Bains, Switzerland.

Leclanché develops, designs, and manufactures complete battery storage solutions. This includes covering the entire technology chain as follows: 

• Cells

• Modules/Battery Management System (BMS)

• Packs

• Marine Rack System

• Energy Management System (EMS) Software 

The company's production capacity and expertise in battery materials make it a key player in the European market. Leclanché's focus on energy density and collaboration with European cell manufacturers highlight its commitment to advancing battery technology in the region.

On 7th February 2025, Leclanché and Pinnacle formed a strategic partnership. Under this partnership, Pinnacle intends to provide funding for the Leclanché's ongoing business and expansion of up to 2GWh/yr of Leclanché's production facility in Willstätt and a new 2GWh/yr production facility in the Middle East.

Pinnacle owns about 50% of the joint venture shares, which will be transferred to Leclanché in exchange for newly issued Leclanché shares, equating to 40% of the company's equity. Additionally, Pinnacle can acquire up to 30% of Leclanché shares from a majority shareholder, SEF-LUX, equating to CHF 240 million, thus increasing its total shareholding to 70%. 

Northvolt (Lyten)

Northvolt is a prominent European battery company specializing in lithium-ion battery technology for electric vehicles and energy storage solutions. Founded in 2016 by former Tesla executives, Northvolt has rapidly expanded its manufacturing capacity, with plans for multiple factories across Europe and North America.
 

It offers products such as: 

• Cells

• Lithium-ion

• Sodium-ion

• Lithium-metal

• Systems

• Voltpack Core

• Voltpack Mobile System

• Energy storage systems

Northvolt system mainly operates in Poland through its factory, Northvolt Dwa. Its batteries are used in drill rigs and in construction to power machinery such as forklifts. Epiroc, a Swedish mining equipment maker, and Konecranes, a Finnish engineering group, are among its major customers. 

Recently, it introduced a battery recycling program called “Revolt.” This concept is based on creating a closed-loop battery production cycle, making battery production sustainable. Currently, Northvolt is known to use 100% recycled nickel, manganese, and cobalt in its batteries and aims to use 50% recycled materials in all its batteries by 2030.

The company is at the forefront of sustainable battery production, aiming to build the world's greenest battery. Northvolt collaborates with major industrial partners like ABB, BMW Group, Siemens, and Volkswagen Group to advance battery technology for electric mobility and energy storage, contributing significantly to the European battery market.

On 7th August 2025, Lyten announced acquisition of Northvolt's Swedish and German Assets. This acquisition includes Northvolt's giga factories in Sweden and Germany including intellectual property.

In October 2024, Volvo Cars announced its plans to acquire Northvolt's shares in its joint venture, Novo Energy. This joint venture was formed in 2021 by Volvo Cars and Northvolt, focusing on battery development and production. This also included building a Gigafactory in Gothenburg with a capacity of 50 GWh sufficient to supply batteries for half a million cars per year. 
 

However, on 30th January 2025, Northvolt agreed to sell its 50% stake in the joint venture after its contract breach. The price of the sale has not been disclosed by the parties. The construction of the Gigafactory in Gothenburg begins in March 2024, near Volvo's Torslanda plant in Gothenburg, which was earlier planned to commence in 2021.

On 4th December 2024, Northvolt announced it had talks to sell its electric industry battery business to focus on battery cell production. 

Saft

Saft, a subsidiary of TotalEnergies, is a leading manufacturer of high-tech batteries for various industries, including electric vehicles and energy storage systems. Founded in 1918, it is headquartered in Levallois-Perret, France.

They offer three kinds of batteries: 

• Nickel-based batteries

• Primary-lithium batteries

• Rechargeable lithium batteries

With a strong presence in Europe and a focus on lithium-ion battery technology, Saft is at the forefront of battery cell production and manufacturing capacity. The company's collaboration with the Fraunhofer ISI and its involvement in the European Commission's initiatives demonstrate its commitment to driving innovation and sustainability in the European battery market.

On 6th January 2025, Saft signed a contract with Enchanted Tools to supply rechargeable battery packs for its new generation Mirokai humanoid robots. The Mirokai battery packs are based on Saft's latest MP176065 xec lithium-ion (Li-ion) cells that can power the Mirokai robots throughout an eight-hour shift. 

Saft, on 21st October 2024, introduced its new 28V lithium-ion battery for aviation. This battery can be used for backup and powerful engine starting for business jets and helicopters. This new lithium-ion battery offers 20% more capacity than its competitors and requires no maintenance.

On 19th September 2024, Saft confirmed that it would provide Genesis Energy a 100 MW/200 MWh utility-scale BESS, which will be installed at Huntly Power Station, the largest thermal power station in North Island with a generation capacity of 1200 MW.  

VARTA

VARTA, a German battery manufacturer, was founded in 1887 and is headquartered in Ellwangen, Germany. It is a prominent player in the European battery market that offers:

•  Lithium-ion battery technology for electric vehicles

• Microbatteries

• Energy storage solutions. 

The company's production capacity and technical expertise in battery cell manufacturing position it as a key supplier for electric mobility in Europe. It supplies batteries to the automotive, industrial, consumer electronics, and energy storage sectors. VARTA's commitment to sustainability and collaboration with European manufacturers underscores its dedication to driving regional innovation.

On 12th November 2024, VARTA AG announced the successful completion of the ECO2LIB research project. This research project was conducted for four years to produce more efficient, cost-effective lithium-ion batteries. The project involved the development of battery cells in the 21700 format, one used for electromobility and home energy storage.  

The battery cells developed have a newly developed silicon anode that increases the overall capacity by more than 40% compared to graphite anodes, making the next-generation silicon-based battery cells. 

Often, silicone anodes store more lithium than graphite anodes and thus swell during charging, reducing the number of cycles. However, VARTA’s new design’s silicone-based materials store more energy and ensure more than 1000 charge cycles.  

New Entrants in the European Battery Market

In addition to the established European battery companies, new entrants are also making a mark in the European battery market. For example, Morrow Batteries, a Norwegian start-up founded in 2020, is planning a battery cell factory with a capacity of 32 GWh in the southern Norwegian region of Agder. The company has already secured partnerships with national research institutes and plans to take a sustainable approach to battery production.

Current Investment Scenario in Battery Factories in Europe

Investments in battery factories in Europe have seen significant growth in 2024, focusing on expanding lithium battery production capacity. European countries like France, Germany, Italy, Spain, Norway, Poland, Portugal, Serbia, Slovakia, Britain, and Czechia are actively involved in establishing new battery factories. 

Companies like Envision, ProLogium, Verkor, BASQUEVOLT, FREYR, Morrow, Beyonder, Elinor, LG Energy Solution, CALB, ElevenES, InoBat, Gotion High Tech, Tata Group, and Nanotech Energy are key players in these developments. 

For example, Envision is investing up to EUR 2 billion in an AESC gigafactory near the "Renault ElectriCity" EV hub in Douai, France. Similarly, Microvast's new plant in Ludwigsfelde, Germany, has a capacity of 1.5 GWh and targets up to 6 GWh. Svolt will invest up to EUR 2 billion in two plants in Lauchhammer and Überherrn, Germany.

These investments aim to meet the rising demand for lithium-ion batteries driven by the surge in electric vehicle sales. The growth in battery manufacturing capacity is crucial for the future of energy storage solutions and the transition towards sustainable mobility. European companies strive to compete with Asian counterparts like Samsung SDI, SK Innovation, and Panasonic Corporation to secure a significant market share in the battery industry and ensure long-term sustainability.

Conclusion

The European battery market is witnessing significant growth and innovation driven by key players such as LG Chem, Continental AG, Exide Technologies, EnerSys, Saft, Leclanché, VARTA, Hoppecke, and Banner Batteries. These companies are at the forefront of lithium-ion battery technology, catering to diverse industries, including electric vehicles and energy storage solutions.

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