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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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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%).

Li-ion 458
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Benchmark: Chinese cell oversupply putting pressure on Tier 3 producers

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Continued investment in China’s battery production scene is increasingly pushing its market into oversupply, putting strain on Tier 3 producers which are unable to access large global EV markets and are forced to compete in the saturated domestic space, according to Benchmark Mineral Intelligence.

Chinese 259
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Chinese manufacturers to ramp up production of graphene nanotube dispersions for EV batteries

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Electric vehicle manufacturers are searching for a significant increase in energy density, an improvement of fast-charging capabilities, and a reduced cost for lithium-ion batteries. In the anode, nanotubes unlock industrial-scale use of silicon, which has more than nine times the energy density of traditionally used graphite.

Chinese 273
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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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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?

China 416
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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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CBAK Energy partners with JAC Motors to develop new battery cells, including 4680 format

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CBAK Energy Technology, a lithium-ion battery manufacturer and electric energy solution provider, signed a three-year strategic agreement with Anhui Jianghuai Motors Group Co., JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Ltd for joint product development.

Motor 297