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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

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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Ford to manufacture Mustang Mach-E in China; localized production of GT as well

Green Car Congress

Ford announced that Mustang Mach-E, its first global pioneering SUV built on an all-new, all-electric platform, will be manufactured in China by Changan Ford for local customers. Mustang Mach-E will become available in China later this year. Ford is investing more than $11.5 billion in electric vehicle development through 2022.

China 353
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How China Became A Battery Manufacturing Juggernaut

InsideEVs

pulled back investment in EV and battery manufacturing, China doubled down. Now, over 80% of the world's lithium-ion batteries are made in China. When the U.S.

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

Green Car Congress

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. Qualified to supply domestic Chinese EV manufacturers.

BYD 389
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Report: China now makes enough batteries for global EV production

Green Car Reports

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance.

Global 173
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Ballard to invest $130M in MEA manufacturing facility and R&D center in Shanghai

Green Car Congress

Ballard Power Systems announced its strategy ‘local for local’ whereby it plans to deepen its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030. Current Ballard global manufacturing capacity.

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

Green Car Congress

China continues to dominate gigafactory announcements, but North America and Europe have seen significant growth over the past two years thanks in part to automaker and battery manufacturer joint ventures. In 2031, China is set to have almost 4,500 GWh of gigafactory capacity, representing 70% of global capacity.

China 433