EV Cable: Top Ten Electric Vehicle Battery Manufacturers in China, Including Company Profiles and Official Websites.
1. CATL (Contemporary Amperex Technology Co., Limited)
Company Profile: Established in 2011, CATL gained prominence in 2017 with its ternary lithium batteries, becoming the largest battery supplier both domestically and internationally. The company supplies the most power batteries to Tesla, accounting for 20% of their batteries. Additionally, CATL supplies batteries to NIO, XPeng Motors, SAIC Motor, and FAW Group. (electric vehicle)
2. BYD (Build Your Dreams)
Company Profile: Founded in 1995, BYD is a veteran battery manufacturer that later leveraged its battery expertise to transition into full vehicle manufacturing, becoming a leading new energy vehicle (NEV) company today. BYD primarily produces lithium iron phosphate (LFP) batteries, with its blade battery being a signature product. Over 90% of its power batteries are used in its own vehicles, with a small portion supplied to companies such as FAW Group and Seres.
3. CALB (China Aviation Lithium Battery Technology Co., Ltd.)
Company Profile: Established in 2007 and originally named China Aviation Lithium Battery, CALB underwent a leadership change in 2018, shifting its focus from commercial vehicles to passenger vehicles with significant success. Initially, the company mainly produced lithium iron phosphate (LFP) batteries but later introduced ternary lithium batteries. The majority of CALB’s power batteries are supplied to GAC Group, accounting for 65%. Other customers include Changan Automobile, SAIC-GM-Wuling, Leapmotor, and XPeng Motors.
4. Gotion High-Tech
Company Profile: Founded in 1995, Gotion High-Tech went public in 2015 through a reverse merger with Dongyuan Electric. It has become one of the purest play power battery stocks listed on the A-share market. Gotion’s power batteries are primarily supplied to SAIC Motor, accounting for 29% of its deliveries. Other customers include JAC Motors, Chery Automobile, Leapmotor, and Changan Automobile.EV Cable
5. LG Energy Solution
Company Profile: A subsidiary of South Korea’s LG Group, LG Energy Solution is the world’s second-largest power battery supplier. In the Chinese market, over 95% of its power batteries are supplied to Tesla, with smaller portions provided to SAIC-GM and Geely Automobile.
6. SVOLT Energy Technology
Company Profile: Founded in 2016, SVOLT Energy Technology originated as the power battery division of Great Wall Motors before becoming an independent entity and a sibling company to Great Wall Motors. In 2021, SVOLT’s installed battery capacity increased by 384% year-on-year, reflecting rapid growth. The company is known for its innovative short blade lithium iron phosphate (LFP) batteries, which are set to be commercially available in 2022 and are expected to be first used in Great Wall Motors’ new Ora models.
7. Sunwoda Electronic Co., Ltd.
Company Profile: Established in 1997 and successfully listed on the Shenzhen Stock Exchange’s Growth Enterprise Market in 2011, Sunwoda has been deeply involved in the lithium battery industry. The company has expanded its offerings from batteries for mobile phones, VR headsets, and robotic vacuum cleaners to power batteries for new energy vehicles. Currently, Sunwoda primarily supplies batteries to Nissan, SAIC-GM, Geely, Dongfeng, and XPeng Motors.
8. EVE Energy Co., Ltd.
Company Profile: Established in 2001, EVE Energy primarily produces lithium iron phosphate (LFP) batteries and ternary polymer batteries. The company’s power batteries are mainly supplied to XPeng Motors, accounting for 46% of their deliveries. Other significant customers include Dongfeng Motor, Nanjing Golden Dragon Bus, and Geely Commercial Vehicles.
9. Farasis Energy
Company Profile: Founded in 2009, Farasis Energy is the only mainstream power battery manufacturer that exclusively focuses on ternary polymer batteries. The company’s power batteries are primarily supplied to Daimler.
10. REPT Battero (Ruipu Energy)
Company Profile: Established in 2017 and backed by Tsingshan Group, REPT Battero quickly entered the top ten domestic power battery market, leveraging its unique SCL (Super Composite Layer) winding technology and the rising popularity of lithium iron phosphate (LFP) batteries. Its primary customers include SAIC-GM-Wuling and SAIC Motor.
