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

Green Car Congress

The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

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Asian EV Manufacturers You Should Know

Clean Fleet Report

Asia’s EV market is growing rapidly. Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. Below are just some of the EV manufacturers worth knowing about.

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NEO Battery Materials sends optimized silicon anodes for battery performance evaluation

Green Car Congress

NEO Battery Materials, a developer of silicon anode materials for longer-running, rapid-charging lithium-ion batteries, announced the latest optimized batch of NEO’s proprietary silicon anode materials, NBMSiDE, has been sent to battery manufacturers and EV automakers for performance evaluation.

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Panasonic Energy signs agreement for synthetic graphite supply in EV battery production

Teslarati

Panasonic Energy parentheses with Novonix for a supply of sustainable graphite for electric vehicle (EV) battery production. It will use Novonix’s synthetic graphite in EV battery manufacturing factories in the United States. It will use Novonix’s synthetic graphite in EV battery manufacturing factories in the United States.

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BYD to convert former Ford plant into EV facility

Teslarati

BYD plans to convert a former Ford plant into an electric vehicle (EV) facility in Brazil. The ex-fossil fuel car manufacturing factory will be BYD’s first EV production plant outside Asia. Brazil’s President Luis Inácio Lula da Silva announced BYD’s new EV factory outside Asia via Elon Musk’s X platform.

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Tesla alumni-led DG Innovate enters India through joint venture with EVage Motors | Autocar Professional

Baua Electric

This strategic partnership aims to accelerate the commercialisation of DG Innovate’s Pareta electric drive system while bolstering EVage’s position as a vertically integrated commercial EV company. Peter Bardenfleth-Hansen, CEO of DGI, shared “This is a pivotal moment for DGI and we welcome our new partners at EVage.

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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

Green Car Congress

China’s success results from its large domestic battery demand—72GWh—and control of 80% of the world’s raw material refining, 77% of the world’s cell capacity and 60% of the world’s component manufacturing, according to data from BNEF. In 2020, Japan and Korea rank number two and three respectively.

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