Top 10 lithium energy storage battery manufacturers in China in 2022
Top 10 lithium energy storage battery manufacturers
The main energy storage technologies are divided into physical energy storage, chemical energy storage and other energy storage. At this stage, although the pumped storage technology of physical energy storage is relatively mature, the chemical energy storage mode is spreading and its market share is gradually increasing.
At present, in the field of chemical energy storage, lithium-ion battery energy storage has become the mainstream development direction of electrochemical energy storage. As of 2021, more than 88% of new electrochemical energy storage projects in China are lithium-ion batteries. According to statistics, in 2021, China’s energy storage lithium battery shipment exceeded 50gwh, accounting for 65% of the global energy storage lithium battery shipment.
Thanks to technical advantages, many lithium battery suppliers have accelerated the layout of energy storage and achieved a certain market share. The top 10 lithium energy storage battery manufacturers in China in 2022 are: CATL, BYD, Great Power, EVE, ZTT, Pylontech, REPT, Gotion High Tech, NARADA and Cos Powers. These 10 manufacturers account for 79% of the market share of China’s energy storage lithium batteries.
Established time: December 16, 2011
Location: Fujian, China
As one of the top 10 lithium energy storage battery manufacturers in China, CATL is headquartered in Fujian, China and has branches in Munich, Germany and Beijing, Shanghai, Jiangsu and Qinghai in China.
The company has established in-depth cooperation with top international automobile manufacturers such as Germany and the United States and many well-known automobile manufacturers in China to develop and produce power battery systems for pure electric vehicles and hybrid vehicles for global customers.
Through years of operation, the company has built a leading R & D and manufacturing base for power batteries and energy storage systems in China. It has the core technology of the whole industrial chain of materials, cells, battery systems and battery recycling, and is committed to providing solutions for global green energy applications and energy storage through advanced battery technology.
Lithium ion batteries, lithium polymer batteries, fuel cells, power batteries, super capacity energy storage batteries, supercapacitors, battery management systems and rechargeable battery packs, photovoltaic energy storage systems, etc.
In September 2022, CATL visited SUNGROW. The two sides had a discussion, discussed how to further deepen the global cooperation between CATL and SUNGROW in the field of new energy such as energy storage, and formally signed a strategic cooperation agreement.
According to the agreement, CATL and SUNGROW will give full play to their respective advantages and work together to develop the global optical storage integration market. The two sides will expand cooperation in energy storage system product innovation and global application, jointly promote industrial synergy and help the sustainable development of the new energy industry.
Company website: https://www.catl.com/
Total market value: 1156588 million RMB
Established time: February 10, 1995
Location: Shenzhen, China
BYD is a high-tech enterprise. Its business layout covers electronics, automobiles, new energy, rail transit and other fields, and it plays an important role in these fields. From energy acquisition, storage to application, BYD has built a zero emission new energy integrated solution in all aspects.
After more than 20 years of rapid development, more than 30 industrial parks have been established in the world, realizing the strategic layout of six continents in the world.
The company’s products include lithium-ion batteries and other batteries, chargers, electronic products, instruments, flexible circuit boards, hardware products, liquid crystal displays, etc.
Recently, BYD released its revenue data for the first half of 2022. Its revenue reached 150.6 billion RMB, a year-on-year increase of 65.71% compared with 2021. In the first half of 2022, the revenue of three listed energy storage enterprises exceeded 100 billion yuan, and BYD was one of them.
Company website: http://www.byd.com/cn/index.html
Total market value: 822.98 billion RMB
Established time: January 18, 2001
Location: Guangdong, China
Great Power is one of the top 10 lithium energy storage battery manufacturers in China. It is a high-tech enterprise focusing on the production, manufacturing and R & D of lithium batteries for more than 20 years.
The company’s business scope covers digital consumer batteries, new energy vehicle power batteries, energy storage batteries, light power batteries, electric tool batteries and other fields. It fully realized the perfect coverage of the new energy industry chain and took the lead in large-scale production. Its main technical indicators are at the advanced level in the world.
The products mainly include energy storage, consumption and power, among which energy storage includes energy storage cells, energy storage modules, battery clusters and container energy storage systems.
Company website: http://www.greatpower.net
Total market value: 43.458 billion RMB
Established time: December 24, 2001
Location: Guangdong, China
EVE is a high-tech enterprise in China, focusing on the innovative development of lithium batteries. As a global leader in lithium primary batteries, EVE has more than 21 years of experience in lithium battery R & D and manufacturing. According to statistics, EVE’s sales and export volume of lithium primary batteries have ranked first in China for six consecutive years.
The company’s lithium sub batteries are in the forefront of the world, and the lithium primary batteries are in the leading position in China. In recent years, the company has focused on the power and energy storage market and adopted a highly automated and information-based production mode.
The main products include lithium primary batteries, small lithium-ion batteries and cylindrical batteries, square iron lithium batteries, square ternary batteries, soft packed ternary batteries, large cylindrical batteries, modules, BMS, battery systems, etc.
On September 7, 2022, the fourth generation automated production line of EVE lithium sub battery was officially launched. The production line was independently developed and upgraded by EVE, with 460 + equipment patents, which realized dual channel production of products, with a production capacity increase of more than 30% and a production efficiency increase of more than 50%.
Company website: http://www.evebattery.com
Total market value: 187.012 billion RMB
Established time: December 26, 2012
Location: Jiangsu, China
ZTT is a high-tech manufacturer mainly engaged in the production, R & D and sales of lithium batteries. It is one of the top 10 energy storage BMS companies in China. The construction scale of the company’s project is to produce 60 million ah of new cathode material lithium-ion power batteries.
Meanwhile, in order to meet the requirements of China’s development of circular economy, the company will carry out the recycling of waste batteries.
The main products include lithium batteries, lithium battery supporting products, new energy street lamps and their supporting products, power management systems and new electronic components, photovoltaic modules and their supporting products.
Company website: http://www.zttes.com/
Registered capital: 1603.93 million RMB
Established time: October 28, 2009
Location: Shanghai, China
Pylontech focuses on the development and application of lithium battery energy storage products and provides leading comprehensive solutions for lithium battery energy storage systems. The company vertically integrates the three core links of R & D and production of energy storage lithium batteries, BMS R & D and system integration.
With high-performance energy storage lithium batteries and advanced BMS technology as the core and market demand as the guide, it provides users with advanced energy storage products.
Its energy storage products have been certified by China, the European Union, North America, Australia, Japan and other international regions, and are widely used in dozens of countries and regions, with a leading market share in the industry.
The main products include micro grid energy storage, grid side energy storage, small industrial and commercial energy storage, conventional base station backup, 5g base station backup, portable mobile power supply, etc.
Company website: http://www.pylontech.com.cn
Total market value: 72.329 billion RMB
Established time: October 25, 2017
Location: Zhejiang, China
REPT is mainly engaged in the R & D, production and sales of power / energy storage lithium-ion battery units to system applications, focusing on providing high-quality solutions for new energy vehicle power and smart power storage.
Based on large-scale industrial intelligent manufacturing technology and with high-performance and high consistency battery design technology as the core, the company breaks through the two bottlenecks of product consistency and cost through coordinated development of the industrial chain, and builds a power / energy storage battery manufacturing enterprise.
REPT mainly produces square aluminum shell ternary lithium batteries and iron lithium batteries with VDA and MEB specifications. The technical strength of the products has reached the leading level in China.
The application fields of the products cover passenger cars, commercial vehicles (urban buses, logistics vehicles, trucks, etc.), special vehicles, industrial vehicles, engineering machinery and equipment, ships and other power fields.
On August 25, 2022, REPT held a press conference to officially launch the top battery of 450wh / Lultra-high volume energy density dual chemical system and the R63 system with high volume utilization rate, helping the whole vehicle achieve LFP 700km endurance and NCM 1000km endurance. The battery adopts a brand-new power battery design structure.
This technology can make the volume energy density of the square aluminum case lithium iron phosphate battery reach 450 WH / L, and the endurance mileage of the new generation lithium iron phosphate battery exceed 700 kilometers.
Company website: http://www.chinarept.com
Registered capital: 2009240027 RMB
Gotion High Tech
Established time: January 23, 1995
Location: Anhui, China
Gotion High Tech is the first national enterprise in China’s power battery industry to enter the capital market. It has business segments such as new energy vehicle power lithium batteries, energy storage, power transmission and distribution equipment, and has established an independent and mature R & D, procurement, production and sales system.
The company has established eight global R & D centers in Hefei, China, Shanghai, Silicon Valley, Cleveland, Gottingen, Japan, Tsukuba, Pune, India, Nanyang Technological University, Singapore and other places, and distributed global production bases in Germany, India, Vietnam, the United States and other countries.
The main products are lithium iron phosphate materials and cells, ternary materials and cells, power batteries, battery management systems and energy storage batteries.
Recently, Gotion High Tech released its performance in the first half of 2022. In the first half of the year Gotion High Tech achieved an operating income of 8.638 billion RMB, an increase of 143.24% year-on-year.
Among them, the operating income of energy storage batteries reached 1.279 billion RMB, accounting for 14.8% of the revenue, becoming the second largest business of the company after power batteries.
Company website: http://www.gotion.com.cn
Total market value: 62.51 billion RMB
Established time: December 8, 1997
Location: Zhejiang China
NARADA is a high-tech enterprise in China, with core technology patents in new materials, new technologies and new structures of battery power supply. It is also one of the top 20 energy storage system companies in China in 2022. Facing the four application fields of smart energy storage, data center, industrial backup and green travel, the company provides products, system integration and services with lithium-ion batteries and lead batteries as the core.
At the same time, it has created two industrial closed loops of “lithium battery recycling industry chain” and “lead battery recycling industry chain”. The company has sales in 158 countries and regions around the world.
The company is committed to becoming a leader in system solutions in the fields of data center, smart energy storage, industrial backup and green travel. The main products are valve controlled sealed batteries, lithium ion batteries, fuel cells and related materials.
The products are widely used in basic industries such as communication, electric power and railway; Strategic emerging industries such as solar energy, wind energy, smart grid, electric vehicles and energy storage power stations; Electric bicycle batteries, communication terminal application batteries and other livelihood industries.
On September 7, 2022, NARADA’s new generation of liquid cooled energy storage system was launched. The system carries NARADA 280ah high-capacity lithium iron phosphate battery and 1500V system platform, and has four core technical advantages: efficient integration, extreme safety, ultra long life and better LCOS.
Company website: http://www.naradabattery.com.cn
Registered capital: 23.308 billion RMB
Established time: August 26, 2019
Location: Shangdong, China
As one of the top 10 lithium energy storage battery manufacturers in China, Cos Powers is a leading technology-based enterprise in the lithium battery industry, focusing on the R & D, manufacturing and sales of energy storage systems in communication, power, power battery, data center, household, marine and other fields, and providing integrated solutions for product support in the global new energy field. The company’s business contacts involve nearly 60 countries around the world.
The main products include BESS energy storage, industrial and commercial energy storage, household energy storage, communication energy storage, UPS energy storage, power batteries, construction machinery batteries, etc.
Recently, Triniti Capital announced the completion of an exclusive investment of nearly 100 million RMB in Cos Powers. This is also the third financing obtained by Cos Powers since this year. In May of the first half of 2022, Harvest Capital、Kun Peng Capital、Xingxiang Investment invested 100 million RMB.
The financing funds were mainly used to support the construction and R & D of the full-automatic lithium iron phosphate energy storage lithium battery production line of Cos Powers.
Company website: http://www.cospowers.com/about.html
Registered capital: 77.567033 million RMB