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Numerous companies increase the layout of the 18650 power battery field
In the field of power batteries, 18650 rechargeable battery has become an important technical route choice, represented by Tesla, with the advantages accumulated in production process, energy density, cost control, etc. The Tesla Model S battery pack board consists of 7104 18650 lithium cells. With the electric vehicle boom led by Tesla, the demand for 18650 power batteries has also exploded, and many battery companies have increased their layout in the field of 18650 power batteries.
Among them, the top 10 lithium battery companies in the world are Panasonic, Samsung SDI, LG Energy Solution, EVE, BAK, LISHEN, DMEGC, JGNE, THLB and CHAM. This article will introduce Top 10 18650 lithium battery companies in detail, including their development history, main products and services, as well as their latest news and related industry layouts. Perhaps after reading this article, you will have a more comprehensive understanding of the world's best 18650 power lithium battery companies.
Top 10 18650 lithium battery companies in the world in 2022
① Panasonic
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Established time |
March 13, 1918 |
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Global headquarters |
Osaka, Japan |
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Total market value |
19.657 billion USD |
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Company website |
https://www.na.panasonic.com/ |
Company profile:
Panasonic is a large Japanese multinational conglomerate that became the world's largest consumer electronics manufacturer in the late 20th century, developing, producing, selling and servicing a range of electrical and electronic products. Panasonic, ranks at the top of the the Top 10 18650 lithium battery companies, offers a wide range of products and services, including rechargeable batteries, automotive and avionics systems, industrial systems, and home improvement and construction. Its products are used in consumer electronics, housing, B2B and automotive. Panasonic, one of the pioneers in automotive lithium-ion batteries and currently one of the top three electric vehicle battery makers, is entering a new phase in its automotive battery business.
Main products and services:
Panasonic offers a wide product assortment of rechargeable and non-rechargeable batteries including lithium ion, nickel metal hydride, lead acid, coin, nickel cadmium, lithium and alkaline technologies. Additionally, it offers amorphous silicon solar cells and consumer batteries.
Recent layout:
The 18650 cylindrical battery produced by Panasonic has been assembled in electronic products of many brands around the world, and the cylindrical battery has been matched to electric vehicles in cooperation with Tesla. Since 2009, Panasonic has produced 4.6 billion small cylindrical batteries for electric vehicles (standard 18650) and 5.5 billion small 21700 size batteries, which can power approximately 1.7 million electric vehicles.
② Samsung SDI
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Established time |
1970 |
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Global headquarters |
Gyeonggi-do, South Korea |
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Total market value |
37.10 trillion KRW |
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Company website |
https://www.samsungsdi.com/ |
Company profile:
Samsung SDI refers to Samsung's picture tube production division. It was established in the 1970s and is one of Samsung Group's affiliated enterprises in the electronics field. It produces and sells electronic components and their components. Different from others in Top 10 18650 lithium battery companies, Samsung SDI started with the business of vacuum tubes and display tubes, and gradually entered the business of LCD, PDP, AMOLED and other products.
In 2000, Samsung SDI entered the lithium-ion secondary battery business in a new field and successfully transformed into a company centered on clean energy solutions. At present, Samsung SDI's lithium-ion secondary battery business is rapidly expanding from digital products such as mobile phones and notebook computers to xEV-type electric vehicles and ESS (Energy Storage System) for power storage.
Main products and services:
Prismatic lithium-ion cells, battery modules and battery packs.
Rrelated layout:
In addition to producing prismatic batteries, Samsung SDI also produces cylindrical batteries of 18650 and 21700 specifications, which are mainly used in the field of consumer batteries.
③ LG Energy Solution
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Established time |
1992 |
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Global headquarters |
Seoul, South Korea |
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Total market value |
93.83 trillion KRW |
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Company website |
https://www.lgensol.com/en/ |
Company profile:
LG Energy Solution, a subsidiary of South Korea's LG Group, is a global leader in battery technology, ranking third among Top 10 18650 lithium battery companies. As a global leader in the battery field and one of the first pioneers in the power battery industry, LG's new energy business covers power batteries, small batteries, and energy storage systems. Its products cover all scenarios of new energy vehicles, electric ships, and aerospace. LG Energy Solution has established a globalized production and operation system in China, South Korea, the United States, Europe and Indonesia. At present, LG Energy Solution provides power battery products for Volkswagen and many other global leading auto brands.
Main products and services:
Power batteries, small batteries and energy storage systems.
④ EVE
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Established time |
December 24, 2001 |
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Company location |
Guangdong, China |
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Total market value |
203.170 billion RMB |
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Company website |
https://www.evebattery.com/ |
Company profile:
After 21 years of rapid development, EVE has become a globally competitive lithium battery platform company and one of the world's major suppliers of green and high-energy lithium batteries with international advanced technology. As one of the Top 10 energy storage lithium battery companies, EVE takes high-energy lithium primary batteries with leading technology as its leading products, and also has core technologies and comprehensive solutions for consumer batteries and power batteries. The products are widely used in the fields of Internet of Things and energy Internet. EVE is committed to becoming a leading enterprise in the field of environmentally friendly and high-energy new lithium energy.
Main products and services:
Consumer batteries: primary lithium batteries, small lithium-ion batteries, cylindrical batteries; Power battery: prismatic iron lithium battery, prismatic ternary battery, pouch ternary battery, large cylindrical battery module, BMS battery system; IoT solutions: smart meter batteries, automotive electronics batteries, smart security batteries, smart city batteries, consumer application batteries, light power batteries; Energy Internet solutions: passenger car batteries, commercial application batteries, energy storage batteries, recycling technology of used lithium batteries.
Related news:
The 18650 ternary lithium battery cells that can reach 80% DOD for 1,000 cycles in China are EVE except DMEGC, but EVE's production has been contracted by a large energy storage group and cannot be sold on the market.
⑤ BAK
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Established time |
August 3, 2001 |
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Company location |
Guangdong, China |
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Registered capital |
1.386335261 billion |
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Company website |
http://www.bakpower.com/ |
Company profile:
Founded in 2001, BAK Battery has developed into an international leading new energy enterprise integrating the three core businesses of lithium-ion batteries, electric vehicles and battery recycling. BAK owns upstream and downstream industrial clusters in China, such as Shenzhen BAK Power and Zhengzhou BAK Battery, which integrate R&D, production and sales of lithium-ion batteries and electric vehicles. In addition, the company has branches in Europe, India, and an office in the United States to support the broad Chinese market and expanding other global markets. Lithium-ion batteries are the basic business of BAK. As one of the earliest companies in China to enter this field, BAK has always occupied a leading position in the market.
Its application in the field of power batteries covers all models, serving more than ten first-tier automakers around the world. BAK's products and solutions have covered the fields of digital products, energy storage products, new energy vehicles and battery recycling, forming a complete power solution system. The company's core business is consumer digital batteries, power batteries, and battery recycling. Its products and services include cylindrical, prismatic and polymer cells, as well as battery packaging, battery solutions, etc., which are mainly used in new energy vehicles, consumer products and backup storage. areas of energy.
Main products:
Small power battery, vehicle power battery, energy storage battery and polymer battery.
Latest news and related layout:
On May 16, 2022, BAK released its latest product, BAK 18650-3.0Ah high-energy cell, at its Zhengzhou battery factory, with an energy density of 250Wh/kg. According to reports, the current production capacity of BAK 3.0 high-energy core is 6.5GWh, and the daily output can reach 2 million. It will be built into a standard single product with extreme performance in the 18650 system, which can support electric passenger cars with a long cruising range of 500 kilometers. This move means that BAK took the lead in realizing the mass production and market application of 18650-3.0Ah cells, and made the energy density of domestic 18650 cells reach the international leading level.
⑥ LISHEN
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Established time |
December 25, 1997 |
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Company location |
Tianjing, China |
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Registered capital |
173009.5073 million |
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Company website |
http://www.lishen.com.cn/ |
Company profile:
LISHEN is the first lithium-ion battery R&D and manufacturing enterprise in China, with 25 years of experience in lithium-ion battery R&D and manufacturing. It already has an annual production capacity of 13G watt-hour lithium-ion battery, and its international high-end market share ranks among the forefront of the global lithium battery industry. At the beginning of its establishment, LISHEN was positioned as an international high-end supporting and technical quality enterprise. After 25 years of development, it has become a world-class and domestic leading professional lithium-ion battery manufacturer.
Main products and applications:
Consumer electronics lithium batteries, power lithium batteries and supercapacitors.
Related layout:
In 1998, LISHEN had built a capacity of 300,000 18650 batteries before Tesla was established. However, the production capacity at this time is still aimed at 3C products such as mobile phones. In 2012, LISHEN 's 18650 batteries were the first to be installed and sold on JAC's iEV2. At this time, there were only 100 units. In 2014, it began to be carried on Kandi. In 2015, it was equipped with JAC's iEV5 in batches.
⑦ DMEGC
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Established time |
March 30, 1999 |
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Company location |
Zhejiang, China |
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Total market value |
36.747 billion RMB |
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Company website |
http://www.chinadmegc.com/ |
Company profile:
DMEGC is a high-tech private enterprise with two major industries of magnetic materials + devices, photovoltaic + lithium battery, and is a solar energy manufacturing company that has obtained the certificate of China's leader. DMEGC mainly produces solar monocrystalline cells, solar cell modules, lithium-ion power batteries, alkaline batteries and other products of more than 60 categories and tens of thousands of specifications, which are widely used in home appliances, automobiles, communications, intelligent systems, clean energy and other fields.
Main products:
Monocrystalline cells, solar cell modules, lithium-ion power batteries, alkaline batteries, etc.
Related layout:
DMEGC's 18650 production line is imported from South Korea. The total investment of the second-phase production line, which was put into use in August, was 500 million yuan, and the production capacity was increased by 12 million pieces per month. Currently, the monthly production capacity is 400,000 pieces. DMEGC battery cells are developed for electric vehicles. The battery cells have good cycle performance, and can reach 1000 cycle life above 80% DOD. The cycle curve is consistent, which is the top level in the industry. The main capacities of the cells are 2600mAh, 2900mAh and 3100mAh.
⑧ JGNE
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Established time |
June 4, 2008 |
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Company location |
Shandong, China |
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Registered capital |
90.04107 million RMB |
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Company website |
http://www.goldencellbattery.com/ |
Company profile:
As one of the Top 10 18650 lithium battery companies, JGNE is an enterprise integrating R&D, manufacturing, sales and service of new energy products, focusing on the R&D and application of new energy products in green energy and its industrialization.
Main products and services:
Lithium-ion battery cathode materials, lithium-ion batteries and battery packs, battery management systems, super capacitors, etc
Related layout:
JGNE mainly focuses on 18650 and 26650 lithium-ion power batteries.
⑨ THLB
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Established time |
July 30, 2018 |
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Global headquarters |
Shandong, China |
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Registered capital |
50 million |
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Company website |
http://www.thbattery.com |
Company profile:
Among the Top 10 18650 lithium battery companies, THLB is a high-tech enterprise specializing in the research and development, design, manufacture, sales and service of lithium-ion batteries, power batteries and battery packs, and BMS battery management systems. THLB’s products are widely used in intelligent manufacturing, new energy vehicle power batteries, vehicle starting power, communication base station backup power, electric bicycles, wind and solar energy storage and home energy storage battery system solutions.
Main products and services:
Lithium iron phosphate cylindrical battery, ternary lithium cylindrical battery, energy storage battery, lead-acid replacement battery, special battery for ball car, special battery for electric vehicle, marine lithium battery, electric bicycle, electric motorcycle battery and BMS battery management systems.
Related layout:
The lithium electronic power batteries produced by THLB include lithium iron phosphate power batteries and ternary lithium ion power batteries, mainly 18650, 26650 and 21700 models. Lithium-ion battery has high capacity, high output voltage, good charge-discharge cycle performance, stable output electric bed, high current discharge, electrochemical stability, and safe use (will not be caused by improper operations such as overcharge, overdischarge and short circuit) fire or explosion), wide operating temperature range, and environmentally friendly. They are widely used in solar lamps, lawn lamps, backup energy, power tools, toy models and new energy vehicles.
⑩ CHAM
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Established time |
March 18, 2003 |
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Company location |
Guangdong, China |
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Total market value |
83.78 million RMB |
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Company website |
http://www.cham.com.cn |
Company profile:
CHAM has been focusing on the technical development, production and sales of 18650 cylindrical lithium-ion batteries, battery packs, and portable electronic equipment power supplies since its establishment. CHAM is the earliest professional 18650 lithium battery research and development in China. It has always been the leader of 18650 lithium battery products in China, and it is at the industry-leading and internationally advanced level both in terms of capacity batteries and technical strength of power batteries.
Main products and services:
18650 cylindrical lithium ion cells, battery packs and portable electronic equipment power supplies.
Recent news and related layout:
CHAM has been deeply involved in the lithium-ion battery industry, and is committed to the development and production of high-capacity lithium-ion cylindrical battery. In November 2021, CHAM released a new product, 18650F9E-3500mAh battery, which is the first launch of CHAM in China's high-energy-density lithium-ion battery, and it is also the sixth capacity breakthrough achieved. The 18650F9E-3500mAh battery has the advantages of high energy density and high safety performance that can be adapted to the high-end market. Its capacity is comparable to Samsung's S35E products, and it has better cycle life. Light mopeds, smart homes, and high-end consumer products equipped with this battery can easily achieve ultra-long battery life and calendar life.
Related article: Top 10 power battery companies