Power batteries concentrate in China, Japan and South Korea. Before 2014, Japan had the largest shipment volume of power batteries; in 2015, China became the country with the largest shipment volume of power batteries in the world. In 2017, China accounted for 65% of the shipment volume of global power batteries. In 2018, the proportion declined. It is expected that in the next few years, Japan, South Korea and Europe each will take up a larger proportion of the shipment volume of global power batteries.

Research Report on China’s Li-ion Power Battery Industry, 2018-2022

In 2018, the production volume of global top 10 power battery manufacturers totaled 86.11GWh, accounting for 81.24% of the global total. The major power battery manufacturers are Japanese manufacturers Panasonic, Automotive Energy Supply Corporation (AESC), South Korean manufacturers Samsung SDI Co., Ltd. (SDI) and LG and Chinese manufacturers such as Contemporary Amperex Technology Co., Ltd. (CATL), BYD Company Limited (BYD), Hefei Guoxuan High-Tech Power Energy Co., Ltd. and Farasis Energy (Ganzhou) Co., Ltd. Among them, Panasonic and CATL have huge competitive strength, LG and SDI are growing rapidly and lower-ranked Chinese enterprises see great changes in rankings.

1. CATL

2. Panasonic

3. BYD

4. LG

5. SDI

6. Hefei Guoxuan High-Tech Power Energy Co., Ltd.

7. AESC

8. Farasis Energy (Ganzhou) Co., Ltd.

9. Tianjin Lishen Battery Joint-Stock Co., Ltd.

10. Shenzhen BAK Power Battery Co., Ltd.

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Research Report on China’s Li-ion Power Battery Industry, 2018-2022

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