Top 10 Lithium ion Battery Manufacturers in China: 2024 Rankings Revealed

As the top global source of lithium ion batteries, China houses many major manufacturers serving booming demand from electric vehicles and clean energy storage. This overview covers the top 10 lithium ion battery manufacturers in China shaping the future of batteries.

Skyrocketing Lithium Ion Battery Demand

Lithium ion battery demand sees massive growth as electric vehicles enter the mainstream. China's vast lithium ion battery manufacturing industry includes domestic leaders and joint ventures with brands spanning the top 10 lithium ion battery manufacturers list worldwide.

Getting acquainted with the key players among the top 10 lithium ion battery manufacturers in China provides helpful perspective across this essential technology sector.

#1 - CATL

CATL leads among the top 10 lithium ion battery manufacturers in China with over 30% domestic market share currently. CATL ranked number one globally producing lithium ion batteries primarily for electric vehicle integration. Its advanced R&D and enormous production facilities support Chinese automakers efficiently. CATL also supplies batteries to international partners as the top manufacturer on Benchmark Mineral Intelligence’s global lithium ion battery producer rankings.

#2 - BYD

As both an EV designer and lithium ion battery maker, BYD approaches the market integrating R&D through end-product manufacturing to hold over 20% share among the top 10 lithium ion battery manufacturers in China presently. BYD produces lithium batteries for vehicles ranging from electric buses and trucks to forklifts and stationary storage solutions. Continued investments in next-generation lithium technologies improve performance and cost metrics.

#3 - LG Energy Solution

A spinoff from South Korean firm LG Chem, LG Energy Solution focuses exclusively on high-output lithium ion batteries as a major exporter supporting global EV manufacturers. LG operates extensive production partnerships with factories strategically located adjacent to major Chinese automakers to retain among the top 3 positions among the top 10 lithium ion battery manufacturers in China currently.

#4 - CALB

Founded in 2001, CALB generates over $300 million in annual lithium ion battery revenues as a respected domestic producer. CALB's lithium iron phosphate (LFP) cells rank as some of the top performing, safest lithium ion batteries available from among China's top 10 lithium ion battery manufacturers. CALB claims 14% Chinese electric bus market share and manufactures for trucks, grid storage and marine applications as well.

#5 - Guoxuan High-Tech

Majoring in large format prismatic cells for EVs and transport, Guoxuan High-Tech Co offers premier lithium ion battery technology in China presently. Advancing R&D improves energy density, cycle times and fast charging capabilities across GUOXUAN’s NCM and LTO cell offerings. Adding a new 20GWh lithium ion battery factory recently, Guoxuan maintains strong domestic presence while aligning with international auto brands.

#6 - Sunwoda Electric Vehicle Battery Co

Focused on safety and stability, Sunwoda manufacturers high capacity cells, modules and packs mainly for domestic electric bus and logistics vehicle clients. Featuring robust designs highly resistant to shock, vibration and damage, Sunwoda lithium iron phosphate (LFP) cells demonstrate excellent safety results on testing benchmarks among the top 10 lithium ion battery manufacturers in China. New production bases support scaling output dramatically.

#7 - CENAT

As a premiere lithium battery system integrator, CENAT supplies full turnkey solutions to commercial EV and transport manufacturers domestically. By optimizing compatible cells, modules, BMS electronics and packaging, CENAT creates complete lithium ion battery packs for clients with specialty vehicle needs. A research-driven strategy around quality, cost and safety makes CENAT a respected lithium industry battery assembler within China's top 10.

#8 - BAK Power Battery Co.

BAK Battery develops safe, high-power and long-life LiFePO4 cells boasting industry-leading safety credentials. Featuring multiple redundant protection mechanisms inside ultra-strong stainless steel cases, BAK cells dramatically surpass minimum safety requirements among the top 10 lithium ion battery manufacturers in China through advanced R&D. BAK’s customization allows tailoring lithium batteries from consumer electronics up to heavy industry.

#9 - PNT (Pinggao New Energy Technology)

As a domestic LFP lithium cell producer, PNT manufactures reliable and affordable batteries for light EVs, energy storage and backup roles especially. Strict quality management across fabrication through packing enables PNT to scale lithium ion battery output keeping pace with China’s blistering industry growth.

#10 - Benergy Technology

Benergy produces reliable, safe and cost-effective LiFePO4 lithium ion batteries meeting electric vehicle and solar energy storage demands. Employing world-class Korean equipment ensures quality consistency through ISO 9000 certified facilities. With most sales domestic still, but growing exports, Benergy makes this list of China’s top 10 lithium ion battery manufacturers to watch.

Key Takeaways - Top 10 Lithium Ion Battery Manufacturers in China

- CATL, BYD and LG lead China’s lithium ion battery industry presently, supplying a majority share of global electric vehicle demand.

- Domestic players like CALB, Guoxuan and Sunwoda drive improvements in lithium ion cost, safety and performance.

- CENAT and BAK meet specialized commercial transportation, solar and backup power system needs.

- Additional lithium ion battery makers PNT and Benergy highlight the sector’s depth and domestic competitiveness among the top 10 manufacturers.

China now anchors world lithium ion battery production supporting all electric transport and clean energy priorities. Continued advances by China's top 10 lithium ion manufacturers will accelerate global progress.