Top 5 power tool lithium battery companies in China

Traditional power tools are mainly driven by plugging in electric wires, which will cause many inconveniences and potential safety hazards during use. For example, if you want to find a power interface or bring your own generator, you may get an electric shock or overload. In contrast, cordless cordless power tools have outstanding advantages.

In the past ten years, compared with nicd vs nimh battery, lithium-ion battery technology has advanced by leaps and bounds. It has obvious advantages in energy density, cycle life, and charge-discharge rate. At the same time, it is more environmentally friendly, and the price continues to decline with the development of the electric vehicle industry. Lithium battery electric tools have truly brought about a cordless revolution.

China has a lot of power tool lithium battery companies, but the main question is “How can you pick the best company among these power tool lithium battery companies in China?” To answer this questions, we have listed top 5 power tool lithium battery companies in China in this article, including Azure, EVE, CHANGHONG ENERGY, GREAT POWER and HIGHSTAR.

1. Top 5 power tool lithium battery companies in China list

① Azure

Azure is a company spanning the three major fields of metal logistics and distribution, LED chips, and new energy lithium batteries. The lithium battery business has become the company's key business in the future, mainly producing lithium batteries for electric tools.

The company has been focusing on the production of ternary cylindrical power lithium batteries for many years, and actively deploys the research and development of ternary high-nickel and silicon-carbon systems. It has rich technology and market accumulation in the field of electric tools and is in a leading position in China.

Relying on high-performance lithium batteries, the company has gradually won the recognition of international first-line power tool customers. Azure is currently the only Chinese company that has entered the global top 5 power tool lithium battery companies, and it is also the main supplier of high-end tool lithium battery in China.

With the support of new production capacity, the company will break through the existing power tool field, actively face new application industry research and development and market expansion, and move towards a larger market field to support the continuous and rapid development of the company's lithium battery business in the future.

② EVE

EVE is a leading lithium battery company in China, and has formed a ladder-like business structure of "lithium primary battery + power storage + consumer battery + e-cigarette (investment)". Since 2010, EVE has successfully developed square pouch and column batteries and entered the field of lithium-ion batteries.

The company's cylindrical ternary batteries are mainly used in electric tools and two-wheeled electric vehicles. In terms of cylindrical batteries, the company deployed 18650 battery in 2015, and shifted the production capacity of ternary cylinders to the consumer market in 2018. In 2020, the company's annual production capacity of ternary cylindrical lithium batteries will be 250 million units, and the sales volume will be 200 million units.

With the cordless power tools and domestic substitution in China, the supply of batteries in power tools has been in short supply since 2021, and prices have begun to rise, which is expected to increase the company's profits. In the short term, the company's power battery capacity is accelerating. In 2025, the company's target power + energy storage battery production capacity is 200GWh, and the production capacity plan has been announced to exceed 150GWh. Development is expected.

③ CHANGHONG ENERGY

CHANGHONG ENERGY originally had a leading position in the zinc-manganese battery industry for many years. In 2018, it entered the field of cylindrical lithium batteries and developed rapidly.

The company has formed a dual-core business system of "alkaline battery + lithium battery". In terms of lithium batteries, the company focuses on high-power ternary cylindrical systems, and its downstream products are mainly oriented to subdivided fields such as power tools, garden tools and vacuum cleaners.

The company's lithium batteries are mainly 18650 cylindrical batteries, and zinc-manganese batteries cover a full range of models. The 18650 cylindrical batteries produced by the company cover the mainstream capacities of 1.3-3.0Ah in various markets, have advanced 200PPM high-speed imported production lines, and have the production capacity of 21700 battery.

The company's lithium battery cells all adopt the model of direct sales of its own brand. The main customers are power tools, garden tools and vacuum cleaners, and lithium battery pack manufacturers.

④ GREAT POWER

GREAT POWER has always been a high-tech company focusing on the production, manufacturing and R&D of lithium batteries. It is mainly engaged in three businesses: lithium-ion batteries, primary batteries (lithium-iron batteries, lithium-manganese batteries, etc.) and nickel-metal hydride batteries.

The products have covered many fields such as digital consumer batteries, new energy vehicle power batteries, energy storage batteries, light power batteries, and electric tool batteries.

In the field of lithium batteries for electric tools, the company's low-cost, high-performance conventional capacity products have been recognized by major international customers and successfully introduced into the TTI supply chain. At present, the core technology of high-power cylindrical batteries has made significant progress and has been recognized by high-end customers.

⑤ HIGHSTAR

HIGHSTAR has been committed to the R&D and industrialization of secondary power and energy storage batteries, and has established complete R&D and manufacturing capabilities in the field of power and energy storage batteries. The company has the core technologies of the whole industry chain including materials, components, batteries, battery management systems, and system integration.

The company mainly has lithium-ion batteries, nickel-based secondary batteries, and battery materials, battery plates and power systems and other products. Products are widely used in energy storage, electric tools and smart home appliances, electric bicycles, electric ships, emergency lighting and other fields.

In the field of lithium batteries for electric tools, the company's products are mainly used in electric tools and garden tools. In 2020, HIGHSTAR has achieved rapid development in the power tool market and has become a major lithium battery supplier for global power tool companies.

2. Conclusion

Besides these top 5 power tool lithium battery companies in China, there are a lot of other professional power tool lithium battery companies companies. The choice of company depends on the needed applications. Every company has its strengths, weaknesses, and richer experience in some areas than others.

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