Published on: 28th Mar 2024
Even though there are a lot of electric car manufacturers in the world, their batteries are made by a separate company. Some car makes have their own battery manufacturing facilities while others rely on a separate EV battery maker. This industry changes rapidly. From capacity and charging time to reliability, these companies have competition with each other.
CATL (Contemporary Amperex Technology Co. Limited) is a Chinese battery manufacturer and technology company founded in 2011. They are specialized in lithium-ion battery manufacturing for EVs and developing battery management systems (BMS). CATL is the biggest lithium-ion battery manufacturer for EVs in the world.In 2021 they introduced a sodium-ion battery for the automotive industry.Because of their growing innovation and affordability, CATL has become a challenge to other Ev battery manufacturers in recent years. They have a superiority in resourcing rare earth materials due to China's supremacy in the supply of rare earth elements in batteries.CATL has collaborated with companies including BMW, Ford, Daimler AG, Hyundai, Honda, NIO, PSA, Tesla, Toyota, Volkswagen, Volvo, XPeng
LG Energy Solution is a battery company founded on December 1, 2020, as its parent company LG Chem separated their battery business into a new company.LG Chem has made batteries since 1992. Did you know? LG Chem produced Korea's first lithium-ion battery in 1999 and made automotive batteries for General Motors in the late 2000s. By now, they supply batteries for Ford, Chrysler, Audi, Renault, Volvo and SAIC.
Panasonic has supplied batteries to Tesla since the beginning. They also currently make batteries for Tesla in Tesla's Nevada Gigafactory.Panasonic also produces EV batteries for Toyota in a joint venture called Prime Planet Energy
AESC (Automotive Energy Supply Corporation) is an electric vehicle battery company founded in 2007 as a joint venture between Nissan, NEC and Tokin Corporation.In 2010 the Nissan Leaf was introduced with AESC batteries.By 2014, AESC was the 2nd largest ev battery manufacturer worldwide.Even though their current productions are unclear, in June 2021, they planned to set up a Gigafactory in Douai, France, to supply EV batteries for Renault Group by 2024.
QuantumScape is an electric vehicle battery company founded in 2010. They specialize in developing solid-state lithium metal batteries for EVs.In 2021 they revealed an All-solid-state battery (ASSB) with an expected range of 400 miles and 15 minutes to charge.
A123 Systems is a battery manufacturer founded in 2001. They specialize in lithium-iron phosphate batteries and energy storage systems.The company is a pioneer in starter batteries and 48V systems for hybrid vehicles.
SK On is the battery manufacturing division of SK Innovation Co.Ltd, founded in 2021. In September 2021, they announced a joint venture to manufacture batteries for Ford motor vehicles.
In addition to their Electric cars, BYD also manufactures NiMH, Lithium-ion and NCM batteries. They use these batteries on their consumer electronics, Electric vehicles and energy storage solutions.
These are the most popular EV battery manufacturers in the industry. If we missed any of your favourite brands, suggest us on our social media.