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In 2024, the global shipment of energy storage lithium batteries increased by over 55% year-on-year, with China's energy storage lithium battery shipment increasing by over 60% year-on-year. Overseas market demand remains a hot market for energy storage lithium batteries, and this trend will continue in early 2025. However, it is worth noting that the energy storage lithium battery market is characterized by both hot demand and intense competition.
In this article, top 10 energy storage lithium battery companies in the world in 2025 will be discussed from company overview to company updates.
Top 10 energy storage lithium battery companies in the world in 2025
The trend of global energy storage towards lithiation is becoming more apparent, and some countries' companies have all fallen out of the top10 in the energy storage lithium battery market share. Let's take a look at the top 10 energy storage lithium battery companies in the world by early 2025.
Here is the list of the top 10 energy storage lithium battery companies in the world in 2025.
|
Ranking |
Company |
|
1 |
CATL |
|
2 |
EVE |
|
3 |
HiTHIUM |
|
4 |
BYD |
|
5 |
CALB |
|
6 |
REPT BATTERO |
|
7 |
Gotion |
|
8 |
AESC |
|
9 |
Great Power |
|
10 |
CORNEX |
CATL
| Company website | https://www.catl.com/en/ |
| Founded | in 2011 |
| Company headquarter | Fujian Province, China |
Company overview
CATL is a leading global new energy innovation technology company, committed to providing first-class solutions and services for global new energy applications. At present, six research and development centers and thirteen battery production and manufacturing bases have been established worldwide. Among them, Ningde Base, Yibin Base, and Liyang Base have been selected as global lighthouse factories by the World Economic Forum, which are the only three lighthouse factories in the lithium battery industry.
Main products
Development, production, sales, and after-sales service of lithium-ion batteries, lithium polymer batteries, fuel cells, power batteries, ultra large capacity energy storage batteries, supercapacitors, battery management systems and rechargeable battery packs, wind and solar energy storage systems, related equipment and instruments; Investment in the new energy industry.
Company updates
On January 19, 2025, CATL became the preferred battery storage system supplier for the 19GWh UAE RTC (round the clock) battery storage project.
EVE
| Company website | https://www.evebattery.com/en |
| Founded | in 2001 |
| Company headquarter | Guangdong Province, China |
Company overview
EVE is a globally competitive lithium battery platform company, and has core technologies and comprehensive solutions for consumer batteries, power batteries, and energy storage batteries. Its products are widely used in the Internet of Things and energy Internet fields.
Main products
EVE's main business segments are consumer batteries, power batteries, and strategic synergy. Its products include lithium primary batteries, small lithium electronic batteries, cylindrical batteries, square ternary batteries, and soft pack ternary batteries.
Company updates
In February 2025, EVE obtained the HyperStrong 50GWh long-term order, jointly promoting the global low-carbon energy transformation and development.
HiTHIUM
| Company website | https://en.hithium.com |
| Founded | in 2019 |
| Company headquarter | Fujian Province, China |
Company headquarter
Company overview HiTHIUM is one of the top 10 energy storage lithium battery companies in the world and it has over 1000 R&D talents and more than 1700 intellectual property layouts. It has passed system certifications such as intellectual property management, IATF16949, and ISO9001. The company is committed to continuously putting customers at the center and providing safe, efficient, clean, and sustainable green energy solutions worldwide.
Main products
HiTHIUM specializes in the research, development, production, and sales of core materials for lithium batteries, lithium iron phosphate energy storage batteries, and systems.
Company updates
On January 8, 2025, HiTHIUM and Sumsung C&T signed a global cooperation agreement in Xiamen. In the future, we will collaborate on energy storage system projects with a total capacity of approximately 10 GWh worldwide.
BYD
| Company website | https://www.bydglobal.com/en/index.html |
| Founded | in 1995 |
| Company headquarter | Guangdong Province, China |
Company overview
BYD is a high-tech private enterprise with four major industries: electronics, automobiles, new energy, and rail transit meanwhile it’s also one of the top 10 energy storage lithium battery companies in the world. Currently, BYD has established over 30 industrial parks worldwide, achieving a strategic layout across six continents.
Main products
BYD's business layout covers fields such as electronics, automobiles, new energy, and rail transit, building a comprehensive zero emission new energy solution from energy acquisition, storage, to application.
Company updates
On February 14, 2025, BYD Energy Storage successfully signed the world's largest energy storage project contract with Saudi Electricity Company, with a capacity of 12.5GWh. Combined with the previously delivered 2.6GWh project, the total amount of cooperation between the two parties has reached 15.1GWh.
CALB
| Company website | http://en.calb-tech.com |
| Founded | in 2007 |
| Company headquarter | Anhui Province,China |
Company overview
CALB is a leading global new energy technology company committed to becoming an energy value creator. Build a comprehensive energy operation system. CALB provides comprehensive product solutions and full lifecycle management for the new energy full scenario application market represented by power and energy storage.
Main products
CALB has formed a coverage of battery materials, battery structures, system integration, electrical circuits BMS、 Manufacturing process equipment and battery recycling and regeneration along the entire battery industry chain.
Company updates
Recently in 2025, CALB started construction at its lithium battery factory in Sinis, Portugal, with Portuguese Minister of Economy R é es attending the groundbreaking ceremony. The total investment of this project is about 2 billion euros (approximately 15.2 billion yuan), with an annual production capacity of 15GWh, expected to be completed in 2028.
REP BATTERO
| Company website | https://www.reptbattero.com/en/ |
| Founded | in 2017 |
| Company headquarter | Zhejiang Province, China |
Company overview
REPT BATTERO focuses on providing high-quality solutions for new energy vehicle power and smart power storage. Two major bases have been built in Wenzhou and Shanghai. The company’s headquartered has a total land area of 303 acres and an annual production capacity of 26GWh of lithium batteries and system products. After reaching full capacity, the output value can reach over 10 billion yuan which make REPT BATTERO one of the top 10 energy storage lithium battery companies in the world in 2025.
Main products
REPT BATTERO is mainly engaged in the research and development, production, and sales of lithium-ion batteries, providing solutions for new energy vehicle power and smart energy storage.
Company updates
The 688Ah energy storage battery cell, developed in deep cooperation with CRRC Zhuzhou Institute, has been officially launched. The single cell has a capacity of 2.2 kWh and a volumetric energy density of over 435Wh/L. In terms of service life, the product has a calendar life of over 20 years.
Gotion
| Company website | http://en.gotion.com.cn |
| Founded | in 2006 |
| Company headquarter | Anhui Province, China |
Company overview
Gotion is mainly engaged in independent research and development, production, and sales of lithium-ion batteries for new energy vehicles. Its products are applied in the field of new energy vehicles such as pure electric passenger cars, commercial vehicles, special-purpose vehicles, and light vehicles. As one of the top 10 energy storage lithium battery companies in the world, Gotion has established eight global research and development centers, ten major battery production bases, and has established overseas production bases in countries such as Germany, India, Vietnam, and the United States.
Main products
Gotion's main products include lithium iron phosphate materials and batteries, ternary materials and batteries, power battery packs, etc.
Company updates
Gotion plans to invest in high-performance lithium batteries and supporting projects in Morocco and Slovakia respectively in December 2024, with a total investment not exceeding 25.14 euros.
AESC
| Company website | https://www.aesc-group.com/en |
| Founded | in 2007 |
| Company headquarter | Yokohama, Japan |
Company overview
AESC, as one of the top 10 energy storage lithium battery companies in the world in 2025, with its innovative technology leading the industry and global industrial layout, has gained high recognition from leading global car companies and energy storage integrators. It provides power battery products for over 1 million vehicles in 60 countries and has delivered energy storage battery products to more than 20 countries including China, the United States, the United Kingdom, and Singapore. So far, there have been no major safety accidents.
Main products
AESC is committed to the research, design, manufacturing, and sales of power and energy storage battery systems.
Company updates
On March 4, 2025, the AESC11.4MW/23.883MWh industrial and commercial energy storage project officially started construction in Jiangsu Province, China.
Great Power
| Company website | https://www.greatpower.net/en/ |
| Founded | in 2007 |
| Company headquarter | Guangdong Province, China |
Company overview
Great Power has been deeply involved in the energy storage field for over ten years, and its products have a good reputation as one of the top 10 energy storage lithium battery companies in the world by 2025, thanks to their high energy efficiency, long cycle, and zero accidents in installed projects. Its implemented project cases cover more than 50 global and regional locations, and all energy storage installations have been involved in projects with safe operation and zero accidents over the years.
Main products
Great Power's products and solutions include energy storage batteries, large-scale energy storage systems, industrial and commercial energy storage, consumer batteries, lightweight batteries, and integrated smart light storage, charging, and testing.
Company updates
The construction work of Great Power's Qingdao energy storage battery production project has started, and it is expected to complete the production line equipment debugging and online trial production in the first quarter of 2025. The total planned investment for this project is 13 billion yuan, with an annual production capacity of 36GWh. It will be constructed in three phases, each with a production capacity of 12GWh. The first phase of the project mainly produces 314Ah lithium iron phosphate large storage battery cells.
CORNEX
| Company website | https://cn-ne.cn/en |
| Founded | in 2021 |
| Company headquarter | Hubei Province, China |
Company overview
CORNEX focuses on commercial applications such as electrochemical energy storage, passenger vehicles, and commercial vehicles, promoting material innovation, structural innovation, manufacturing technology innovation, and business model innovation, achieving "production generation, reserve generation, and research and development generation", forming technological leadership, large-scale, high-efficiency advantages, and full industry chain coverage capabilities, providing users with full scenario, multi-dimensional solutions for lithium-ion batteries and battery systems, and contributing to the rapid development of the global new energy industry.
Main products
CORNEX is a new energy innovation technology enterprise that focuses on the research and development, production, sales, and service of new energy storage batteries, power batteries, and energy management systems.
Company updates
CORNEX will release a new generation of energy storage dedicated large battery cells at the 7th Energy Storage Carnival on March 28th, which can achieve rapid mass production and may become another innovative product that disrupts the industry after the 314Ah battery cells.
Conclusion
Despite the unexpected growth of the global energy storage market in 2024, the industry outlook remains optimistic, with a projected shipment volume of 392 GWh by 2025, a year-on-year increase of 25%. This growth momentum mainly comes from policy incentives in major markets such as China, the United States, and Europe, as well as the rigid demand for renewable energy storage in emerging markets.
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