Top 10 power battery cell manufacturers in 2025 in the world

The fierce competition within the top 10 power battery cell manufacturers in 2025 in the world changing and showing industry has highlighted the development trend of the global power battery industry.

This article will introduce the top 10 power battery cell manufacturers in 2025 in the world and provide some latest news about them. If your are going to choose an electric vehicle, this article is for your reference when you consider the power battery in the car.

Top 10 power battery cell manufacturers in 2025 in the world

By the end of 2024, the cumulative sales of new energy vehicles in China reached 11.35 million units, a year-on-year increase of 49.7%.

The installed capacity of power batteries is about 531 GWh, a year-on-year increase of 47.6%. The total installed capacity of the top ten global power battery manufacturers is approximately 510.8 GWh, accounting for 96.2% of the total installed capacity.

The following is the list of the top 10 power battery cell manufacturers in 2025 in the world, and some basic information about them will be introduced in order. 

CATL

Company overview

CATL is one of the leading power battery manufacturers in China with international competitiveness which is also the head of the top 10 power cell manufacturers in 2025 in the world.

It focuses on the research and development, production, and sales of new energy vehicle power battery systems and energy storage systems, and is committed to providing first-class solutions for global new energy applications.

Its core technologies include research and manufacturing capabilities in the fields of power and energy storage batteries, materials, cells, battery systems, battery recycling and secondary utilization, and the entire industry chain.

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.

Company updates

Starting from December 2024, CATL announced that after being approved by the company's shareholders' meeting, it will complete its listing in Hong Kong within 18 months at the earliest, and plans to hire Zhitong Hong Kong Certified Public Accountants as the auditing firm for the Hong Kong listing.

BYD

Company overview

BYD is a high-tech private enterprise with four major industries: electronics, automobiles, new energy, and rail transit. 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 the evening of February 10, 2025, the focus of the automotive industry chain will be on BYD's Shenzhen headquarters. At this press conference, BYD will announce its comprehensive efforts in intelligent driving, aiming to enable everyone to enjoy advanced intelligent driving and usher in a new era of intelligent driving.

LGES

Company overview

LG Energy Solution is a subsidiary of LG Group in South Korea. As a leading enterprise in the global battery technology field, LG's new energy business covers three major areas: power batteries, small batteries, and energy storage systems. LG New Energy has been deeply involved in battery technology innovation and research and development for 30 years, with over 34000 employees and 25000 patents worldwide, ranking first in the world in terms of patent count.

Main products

LGES provides global customers with a series of power battery cells, modules, BMS, and battery packs that integrate multiple innovative technologies. 

Company updates

In January 2025, LGES released its financial report, which showed that under the pressure of a fiercely competitive market environment, the company suffered its first quarterly loss in the past three years in the fourth quarter of last year (October to December).

CALB

Company overview

CALB, as a battery expert and high-tech enterprise in new energy. The company is committed to building a comprehensive energy operation system, providing complete product solutions and full lifecycle management for the new energy full scenario application market represented by power and energy storage.

Main products

CALB specializes in the research, production, sales, and market application development of lithium batteries, battery management systems, related integrated products, and lithium battery materials such as lithium ion battery electrolyte.

Company updates

The high-performance lithium battery project initiated by CALB on February 5, 2025, has a total investment of 15 billion yuan and a planned production capacity of 30GWh. After the project is completed, the China Innovation Aviation Xiamen Base will form a benchmark base for green, modern, and intelligent new energy with an annual output of 60GWh.

SK on

Company overview

SK On is a subsidiary of SK Group that focuses on the research and production of power batteries. Its predecessor was SK Innovation's Battery Division. As a leading global manufacturer of electric vehicle (EV) batteries, SK On is committed to providing high-energy density and high safety lithium-ion batteries to international mainstream car companies such as Hyundai, Kia, Ford, and Volkswagen.

Main products

High nickel NCM battery, lithium iron phosphate (LFP) battery, solid-state battery.

Company updates

SK on officially merges with SK Enterm, having previously merged with SK Trading International to enhance raw material procurement capabilities and improve financial stability as a global battery and trading company creating synergies.

Panasonic

Company overview

Panasonic has now become a world-renowned international comprehensive electronic technology enterprise group and is conducting business activities in various countries around the world. At first, it started with the production of simple electrical products such as electrical sockets, and now its business covers multiple fields such as home appliances, digital, office products, aerospace, etc., with a wide variety of product types.

Main products

Home appliances and appliances, equipment and systems for manufacturing and logistics, batteries and electronic components for mobile and social infrastructure, etc., provide products and solutions that contribute to customers' daily lives and businesses.

Company updates

The content announced by Panasonic on February 4, 2025 aims to restructure the single legal entity responsible for providing household appliances, residential equipment, and goods and services for stores and offices under Panasonic, Panasonic Corporation, rather than dissolving the Panasonic Group.

Samsung SDI

Company overview

Samsung SDI is a subsidiary of Samsung Group in the electronics industry, mainly engaged in the production and research and development of batteries and clean energy solutions. Initially, the production of vacuum tubes and cathode ray tubes was the main focus, but due to the liquid crystal display technology, it was later switched to producing lithium battery packs. In 2000, Samsung SDI entered the field of lithium-ion secondary batteries and successfully transformed into a company with clean energy solutions as its core. China's Samsung SDI has established four production factories in Tianjin, Shanghai, Shenzhen, and Dongguan.

Main products

Samsung SDI's main businesses include two major areas: secondary lithium batteries and electronic materials. The secondary lithium battery business is further divided into three major segments: small consumer batteries, automotive batteries, and energy storage batteries.

Company updates

In the fourth quarter of 2024, the revenue of the battery business was 3.6 trillion yuan, a decrease of 3% month on month and 29% year-on-year. Due to high interest rates and reduced subsidies for electric vehicles in major countries, demand has slowed down, leading to major customers adjusting their inventory.

Gotion

Company overview

Gotion is a highly international battery enterprise and a full industry chain battery enterprise. Building a vertically integrated industrial chain from mineral mining of battery raw materials, material production, battery manufacturing, product application, to battery recycling and utilization is one of the few battery companies in the world with full industry chain manufacturing capabilities.

Main products

Gotion specializes in lithium iron phosphate materials and batteries, ternary materials and batteries, power battery packs, energy storage battery packs, and battery management systems. Its products are widely used in the field of new energy vehicles such as passenger cars, commercial vehicles, and special-purpose vehicles, and provide green energy system solutions for energy storage customers.

Company updates

In May 2024, Gotion released a new gold stone battery, which claims to have an all solid state energy density of 350Wh/kg.

EVE

Company overview

EVE was first listed on the Shenzhen Growth Enterprise Market in 2009. After 23 years of rapid development, it has become a globally competitive lithium battery platform company. At the same time, it 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 consumer battery products include lithium primary batteries, small lithium-ion batteries, and cylindrical batteries. The comprehensive solution for power batteries includes square ternary batteries, square lithium iron phosphate batteries, soft pack ternary batteries, large cylindrical batteries, power and energy storage battery systems.

Company updates

On February 7, 2025, EVE announced that its subsidiary EVE Power had signed a Strategic Cooperation Agreement with HyperStrong, agreeing to establish a strategic procurement partnership for battery cell products from 2025 to 2027, with an expected total procurement volume of 50GWh.

Sunwoda

Company overview

Sunwoda is a leading global enterprise in the field of lithium-ion batteries, with the mission of "innovation drives progress in the new energy world". It is deeply rooted in the field of lithium-ion batteries and committed to providing more green, fast, and efficient integrated new energy solutions for society. The company has established five major businesses: 3C consumer batteries, power batteries, energy storage systems, intelligent hardware, innovation, and ecology.

Main products

Sunwoda specializes in the research and development, design, production, and sales of lithium-ion battery modules.

Company updates

According to the "2024 Third Quarter Report" disclosed by Xinwangda, the third quarter revenue was 14.36 billion yuan, an increase of 18.85% compared to the same period last year's 12.083 billion yuan.

Conclusion

The condition of the top 10 power battery cell manufacturers in 2025 in the world demonstrates the thriving development and fierce competition of this industry. The strong rise of Chinese companies and the continuous efforts of Korean and Japanese companies are driving the global power battery industry forward.

In the future, with the continuous growth of the electric vehicle market and advances in technology, competition in the global power battery market will become even more intense.

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