Battery cell manufacturing is a rapidly growing industry, as the demand for electric vehicles (EVs) and energy storage systems (ESS) increases. The market for battery cells is expected to reach $137 billion by 2025, according to a report by MarketsandMarkets. Here are some of the largest manufacturers of battery cells:
- Panasonic: Panasonic is one of the largest manufacturers of battery cells in the world. The company produces lithium-ion battery cells for use in EVs and ESS. They are also a key supplier for Tesla.
- LG Chem: LG Chem is a South Korean company that is a leading producer of lithium-ion battery cells. The company supplies battery cells to several major automakers, including General Motors and Ford.
- CATL: Contemporary Amperex Technology Limited (CATL) is a Chinese company that is one of the world’s largest manufacturers of lithium-ion battery cells. The company supplies battery cells to several major automakers, including Volkswagen, BMW, and Daimler.
- BYD: Build Your Dreams (BYD) is a Chinese company that is one of the world’s largest manufacturers of lithium-ion battery cells. The company supplies battery cells to several major automakers, including Daimler and Renault.
- Tesla: Tesla is an American company that is one of the world’s largest manufacturers of lithium-ion battery cells. The company produces battery cells for use in its own EVs and also supplies battery cells to other automakers.
These are some of the largest manufacturers of battery cells in the world, but there are many other companies that also play a significant role in the industry. As the demand for EVs and ESS continues to grow, the market for battery cells is expected to continue to expand, and new companies are likely to enter the market.
