Top battery companies like CATL, BYD, LG Energy Solution, Panasonic, and Samsung SDI are changing the global battery market landscape with cutting-edge innovations in electric vehicle (EV) and energy storage batteries. The global battery market has witnessed significant changes since the invention of the first true battery by Alessandro Volta in 1800, driving the clean energy transition worldwide.

With the rising demand for EVs and renewable energy integration, leading battery manufacturers are investing heavily in R&D and expanding giga factories to boost production capacity. Asian companies continue to dominate the global EV battery market, with Chinese manufacturers accounting for more than half of total production, followed by key players from South Korea and Japan.

Read on to discover the world’s top battery companies shaping the future of sustainable mobility and energy storage in 2025.

Global Top 12 Battery Companies [2025]

Here are the world’s leading battery companies (listed alphabetically):

BYD Co., Ltd.

BYD Co., Ltd. (“BYD” is an abbreviation of “Build Your Dreams”) was founded by Chinese chemist Wang Chuanfu and is one of China’s largest privately owned enterprises with several subsidiaries.

Over the years, BYD has evolved into a leading technology company with more than 30 industrial parks across six continents and an industry leader in automotives, electronics, renewable energy, and rail transit.

As a globally leading producer of rechargeable batteries, including lithium-ion batteries, NCM batteries, and NiMH batteries, BYD owns the entire supply chain layout from mineral battery cells to battery packs.

BYD’s batteries are ideal for a variety of uses, such as consumer electronics, energy storage, and new energy vehicles. The company launched the “Blade Battery” to mitigate battery safety concerns in electric vehicles like electric cars.

BYD’s Blade Battery successfully passed a nail penetration test. Moreover, its optimized battery pack structure increases the battery pack space by over 50%.

Additionally, the robust chemistry and universal design of BYD’s cobalt-free LFP batteries (lithium iron phosphate batteries) make them suitable for use in a wide range of temperatures and areas worldwide.

CALB (China Aviation Lithium Battery Co., Ltd.)

CALB, founded in 2009, specializes in the development, production, sales, and market applications of lithium batteries, battery management systems, and related integrated products and battery materials.

CALB’s lithium-ion batteries are widely used in electric vehicles, mining equipment, rail transportation, renewable energy storage, and the telecommunications sector.

CALB provides products for commercial and passenger vehicles, energy storage, and special applications:

Commercial vehicles

Commercial vehicles include FOTON bus, YUTONG bus, Suzhou King Long pure electric bus, Slag truck, and UPS logistics vehicle.        

Energy storage projects

Notable energy storage projects include the following:

State Grid Kunshan Energy Storage Power Station is the world’s largest single-station lithium battery energy storage project on the grid side.

National Power Investment Daqing Energy Storage Project, China’s first photovoltaic energy storage demonstration test platform.

Passenger vehicles

Passenger vehicles include Changan CS55 E-Rock, GAC Toyota iA5, Geely Emgrand EV450, and Leap Motor C11.

In February 2025, CALB broke ground to build a 2 billion euro-worth lithium-ion battery production factory in Portugal. The factory will have an annual capacity of 15 GWh and is intended to start production by 2028. The factory was first announced in 2022.

Clarios

Formerly known as “Johnson Controls,” Clarios is a global leader in energy storage solutions, with 6 R&D facilities, 16 R&D partnerships, and 50+ facilities worldwide.

Over the years, the company made strategic acquisitions to form the Clarios family of brands.

Clarios’ product portfolio comprises:

Lead-acid batteries

• Absorbent Glass Mat (AGM) batteries: According to the company, “Clarios was the first to bring the AGM battery to the automotive market in 2001.” Today, the company’s AGM batteries are known for outstanding durability, reliability, and safety, even under the most demanding applications.

• Flooded batteries (Enhanced flooded and standard flooded): Clarios has 130+ years of experience in developing and perfecting lead-acid batteries. While standard flooded batteries meet the needs of conventional internal combustion engines (ICEs), enhanced flooded batteries are designed for start-stop vehicles.

Lithium-ion batteries

• Low-voltage batteries (12 volts and 48 volts): These batteries are based on proprietary LTO chemistry and serve extremely demanding applications. Key features like advanced modeling, fuel economy, and longer life support high electrical loads and usage demands, while meeting regulatory requirements.

In addition, Clarios’ xEV advanced 12V batteries for any electric vehicle or hybrid ensure optimal vehicle performance.

Contemporary Amperex Technology Co., Ltd. (CATL)

Contemporary Amperex Technology Co., Ltd. (CATL) is a Chinese company that is a world-renowned manufacturer of lithium-ion batteries for EVs and energy storage systems, and battery management systems.

China-based CATL has expanded its market share to be the world’s top supplier of EV batteries. It provides lithium-ion batteries (lithium is a key battery metal along with other critical materials, such as cobalt and nickel) to automotive manufacturers like BMW, Honda, Hyundai, Peugeot, Tesla, and Volvo.

Headquartered in Ningde, Fujian, the company has 5 R&D centers and 13 production bases at various global locations.

CATL provides solutions for passenger vehicles, commercial applications, energy storage systems, and battery recycling.

CATL’s small and light high-power cells are tailored for hybrid EVs and provide significant benefits, such as:

• High fuel-economizing rate (as high as 80%)

• Instant strong power

• Small body with high energy density

• Ultra-long service life

Furthermore, CATL’s battery product solutions for commercial vehicles include traction batteries suitable for light trucks, mini buses, minivans, and other urban delivery vehicles.

CATL also provides customized solutions for construction machinery, vessel electrification, and a variety of vehicles (such as heavy-duty, street-cleaning, and two-wheeled).

Apart from launching its cutting-edge “Qilin” batteries in 2022, the world’s largest EV battery maker launched its EVOGO battery swap services in Hefei, Anhui.

Exide Industries Ltd.

Exide Industries Ltd. (also known as “Exide” and “EIL”) is a multinational storage battery manufacturer, famously known as India’s “largest manufacturer of automotive and industrial lead-acid batteries.”

The company has 9 factories in India with subsidiaries in Singapore, Sri Lanka, and the UK, and exports extending to 45 countries across six continents.

Exide manufactures batteries for the automotive, defense, mining, power, and telecom sectors, as well as for computer industries and infrastructure projects.

Exide’s product portfolio comprises:

• Automotive batteries (two-, three-, and four-wheeler batteries, and Exide E-Ride batteries)

• Inverter batteries (flat plate and tubular)

• Home UPS inverters/systems (lower KVA and higher KVA)

• Institutional UPS batteries

• Exide NXT Plus Range

• Exide Powersafe Plus Range

• Exide Powersafe EHP Range Battery for Data Center

• Flooded 6EL Range

• Flooded 6EL Plus Range

• Solar Solutions

• Exide Sunday Solar Rooftop Systems

• Solar Inverters

• Solar PV Modules

• Tubular Solar Batteries

• Industrial Batteries

• Genset Batteries

• Submarine Batteries

• E-rickshaw Vehicles (the new-age battery-powered E-rickshaw “Exide NEO”)

Additionally, Exide supports integrated power backup systems with Exide Integra and offers SF batteries based on the grid alloy technology for high-rate performance and long life.

GS Yuasa Corporation

The history of GS goes back to 1895, when Genzo Shimadzu manufactured Japan’s first lead-acid storage battery.

In contrast, YUASA traces its origin to 1913 when founder Shichizaemon Yuasa began research into metal electrolysis.

Decades later, GS Yuasa Corporation was established in 2004 following a merger between GS and Yuasa.

Currently, GS Yuasa is one of the world’s largest battery manufacturers with several offices, as well as domestic and overseas group companies 

GS Yuasa provides batteries for various applications, including:

• Automobiles

• Aviation

• Commercial vehicles

• Electric rail

• Heavy industries

• Motorcycles

• Powersports

• Space exploration

• Standby power systems

• Telecommunications

GS Yuasa’s product portfolio comprises:

• Automotive and motorcycle batteries

The company manufactures high-performance lead-acid batteries and lithium-ion batteries for engine starters, EVs, and HEV applications. In addition, Yuasa makes motorcycle and powersport batteries for ATVs, jet skis, motorcycles, scooters, snowmobiles, and UTVs.

• Traction batteries and chargers (for electric vehicles, like forklifts)

• Industrial batteries and power supply systems

Apart from industrial batteries like lead-acid stationary batteries and alkaline (Ni-Cd) stationary batteries, the company’s power supply systems include DC power supply and the electricity power storage machine for railways.

• Lithium-ion batteries for satellites, aircraft, and deep-sea vessels

• Battery chargers (chargers for traction batteries) 

LG Chem Ltd.

LG Chem Ltd. (LG Chem) is a prominent chemical company in Korea with solid R&D and product development capabilities.

It also has dedicated production and research centers in and outside of Korea, as well as marketing and sales organizations globally.

The company’s business portfolio comprises petrochemicals, advanced materials, and life sciences. It develops quality materials for rechargeable batteries and the automotive and IT industries.

LG Chem entered the information & electronic materials market in 2000 and commercialized the battery materials business in 2006.

LG Chem’s battery business, “LG Energy Solution Ltd.,” officially became a separate company in 2020 with a business portfolio that includes:

• Advanced Automotive Battery (cells, modules, BMS, and pack products for EV batteries)

• Mobility & IT Battery (high-capacity, high-power, and ultra-slim batteries for IT devices and LEVs)

• ESS Battery (High-energy and high-output ESS battery products for power grids, UPS, and commercial and residential applications)

 Furthermore, LG Energy Solution and Japan’s Honda Motor Co., Ltd. are investing in a joint venture to build a lithium-ion battery plant for EVs in the U.S.

Panasonic Energy

Founded in 1918 by Japanese industrialist Knosuke Matsushita, Panasonic Corporation (formerly known as “Matsushita Electric Industrial Co., Ltd.) is a globally recognized Japanese conglomerate with company operations organized into various “domain companies,” including appliances, automotive, and industrial solutions.

For instance, Panasonic Automotive is a leading Li-ion battery supplier in the global market for hybrid, plug-in hybrid, and full-electric vehicles with 40+ years of battery leadership.

The company also designs, engineers, and manufactures complete battery systems. It is known for its advanced lithium-ion battery technology that provides the benefits of lower costs, as well as improved energy density and driving range.

Another entity is Panasonic Industry Co., Ltd., which offers a wide range of batteries, including:

Primary Batteries

• Lithium Batteries

• Zinc, Carbon, and Alkaline Batteries

Secondary Batteries (Rechargeable Batteries)

• Lithium-ion Batteries

• Nickel Metal Hydride Batteries

• Coin-type Rechargeable Lithium Batteries

• Pin-type Lithium-ion Batteries

In addition, Panasonic Energy of North America (PENA) is one of the world’s largest lithium-ion battery cell producers with a vision of a clean energy society by producing the “world’s safest, highest quality, and lowest cost batteries.”

Samsung SDI Co., Ltd.

Samsung SDI Co., Ltd. is a South Korean battery and electronic materials manufacturer with a global network of production, R&D, and sales, and is credited with releasing the world’s first flexible (bendable and rollable) battery. 

The company has consistently gained a significant market share in the small-sized battery market since starting the lithium-ion rechargeable battery business in 2000.

In addition, it has strengthened its R&D partnership by focusing on battery technology maturity and the upgradation of existing battery materials.

Samsung SDI’s Li-ion battery cells are available in cylindrical, prismatic, and polymer types and provide various advantages, such as enhanced product quality and safety, higher energy efficiency, and longer battery life.

Samsung SDI makes small-sized Li-ion battery cells and battery packs for the following:

IT Devices

• Laptops

• Mobile phones

• Power banks

• Tablets

• Wearable devices

Power Devices

• Garden tools

• Power tools

• Vacuum cleaners

Trans Devices

• E-bikes

• E-scooters

• Ignition

SK On Co Ltd

SK On Co Ltd is a battery subsidiary of SK Group, South Korea. Its core focus is on high-nickel pouch cells and LFP cells for EVs, energy storage solutions, global battery production & supply agreements.

With a 50-year history of leading Korea’s energy industry, SK On stands for continuous innovation and technology development. The company has partnered with well-known automakers across the world, such as Hyundai Motor Group, BAIC Group, and Daimler AG.

SK On Co Ltd's application of high-energy-density ternary materials to lithium-ion batteries is the first-ever for the mass production of electric vehicle batteries. The company plans to expand its presence in the global electric vehicle battery market.

The SK Innovation Global Technology facility in Daejeon has a 100 MW battery assembly line. SK Innovation’s battery business value chain is positioned for mid/large-sized battery production, from battery essentials such as electrodes and separators to battery cells and packs.

The company’s expertise in high-quality wet separators and high-performance battery cells gives it an edge in the highly competitive lithium-ion battery industry.

SK Innovation’s battery technology improvements have enabled the production of heat-resistant, highly stable, and long-lasting batteries for different applications such as eco-friendly vehicles, longer-distance vehicles, hybrid vehicles, smart grids, and UPS.

In 1996, SK Innovation developed its first lithium-ion battery. Extensive R&D and partnerships with the world’s major automakers have established the company as an important player in the high-density and high-nickel technology space.

On 11th July 2025, SK announced it had signed a MoU (Memorandum of Understanding) with L&F to supply LFP cathode materials for the North American market.

Tesla, Inc.

Founded as “Tesla Motors” and named after the Serbian-American inventor Nikola Tesla, Tesla, Inc. (Tesla) is a globally recognized automotive and clean energy company with subsidiaries, including Tesla Automation and Tesla Energy.

It designs and manufactures electric vehicles, battery energy storage systems, solar panels, solar roof tiles, and related products and services. 

Tesla’s “Powerwall” is a compact home battery that serves as an integrated battery system to store solar energy for backup protection.

Powerwall complements various home styles and solar systems and comes with versatile mounting options for indoor or outdoor spaces.

Starting with solar battery manufacturing in 2015, Tesla grew its foothold in the electric battery business with strategic partnerships involving industry-leading battery manufacturers like CATL and Panasonic.

Compared to other automaker competitors, Tesla has the largest battery production operations in the U.S.

With a major new investment to expand its Gigafactory in Sparks (Nevada), the Nevada assembly plant will play a key role in making 4680-cell batteries and electric Semi trucks.

Tianjin Lishen Battery Joint-Stock Co., Ltd.

Tianjin Lishen Battery Joint-Stock Co., Ltd. (Lishen Battery or Lishen) is a leading lithium-ion battery manufacturer with production bases in Beijing, Qingdao, Suzhou, Wuhan, Shenzhen, and Mianyang.

The company has worked with many world-class enterprises, including Apple, Dongfeng, Geely, Hyundai, and China Southern Power Grid.

Lishen’s product portfolio comprises:

Consumer Electronics (CE) Battery

• Cylindrical Battery

• Polymer Battery

• Prismatic Battery

Here are some of CE battery’s applications:

• 3D glasses

• E-books

• Electric toys

• LEVs

• Mobile phones

• Portable players

• Power banks

• Power tools

• Scan code readers

• Tablets

• Telecontrollers

• Wearable electronic devices

Power Battery

• Automotive Battery

Applications include commercial vehicles, passenger vehicles, and special vehicles.

• ESS Battery

• ESS Products (large-scale ESS, household ESS, and communication base station ESS)

• Sub-Products (BMS, module, and pack)

Applications include communication base stations, energy generation, grid and electricity ancillary services, household ESS, and peak shaving and valley filling. 

In addition to the companies listed above, other major players include Solid Power and SK Innovation.

Solid Power develops all solid-state batteries (based on solid-state battery technology that uses a solid electrolyte instead of liquid electrolytes) for EVs and mobile power markets. 

On the other hand, SK Innovation’s “SK on” manufactures high-energy density EV batteries and is known for innovative battery technologies, helping build a new generation of mobility and reduce carbon emissions.

 Moreover, Ford Motor Company and SK Innovation signed an MoU to create a joint venture, “BlueOval SK,” for manufacturing battery cells and arrays in the U.S.

Furthermore, GM’s (General Motors) huge investment in Lithium Americas to produce battery raw materials will create a sustainable domestic lithium supply chain for EVs.

Wrapping Up

The demand for batteries is expanding, with their usage extending to a wide variety of applications, including but not limited to the following:

• Cable television equipment

• Consumer electronics, e-mobility, and industrial applications

• Fire alarm and security systems

• Office automation equipment

• Power plants and substations

• Railway signaling

• UPS systems

As the transition away from fossil fuels accelerates and the shift towards electrification increases, battery manufacturers worldwide are ready to meet increased energy storage demands with next-generation battery technologies.

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