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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). China-based CATL, the world’s top supplier, expanded its market share from 32% in 2021 to 34% in 2022.

Li-ion 458
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Benchmark bumps BYD up to top tier of EV battery manufacturers; 2nd China cell maker on list

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Benchmark Mineral Intelligence has elevated Chinese lithium-ion battery cell and automaker BYD to Benchmark’s top tier EV battery cell manufacturer status joining CATL, Envision AESC, LG Energy Solution, Panasonic, Samsung, and SK Innovation as tier one cell manufacturers. Supplier to domestic Chinese EV market.

BYD 389
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Dürr and Techno Smart partner on manufacturing of lithium-ion batteries for e-cars

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Dürr is positioning itself in the growing Li-ion battery market as a supplier of production technology and is expanding its market access to battery manufacturers through a cooperation with Techno Smart, a leading Japanese manufacturer of coating systems. Dürr Megtec is part of the Clean Technology Systems division.

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Benchmark Mineral Intelligence: global battery gigafactory pipeline tops 300; China dominates

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gigawatt hours (GWh) of lithium ion battery capacity in the pipeline as assessed in Benchmark Mineral Inelligence’s May 2022 Gigafactory Assessment—a 68% year-on-year increase. Outside of China, North America has seen the fastest growth of any region, adding 11 gigafactories to its pipeline since this time last year.

China 433
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Benchmark: flake graphite production in Africa set to overtake China this decade

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Africa could overtake China as the world’s largest producer of natural graphite for lithium ion batteries as soon as 2026, according to Benchmark Mineral Intelligence, in a sign of the continent’s growing importance to the electric vehicle supply chain. of the world’s lithium-ion battery capacity.

Africa 259
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Panasonic opens its first automotive lithium-ion battery factory in China

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Panasonic Corporation has opened a new automotive lithium-ion prismatic battery cell factory in Dalian, China—the company’s first automotive battery cell production site in China. The newly constructed factory in China is a new production facility of Panasonic Automotive Energy Dalian Co., in February 2016.

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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role.

Market 418