Largest Battery Manufacturers by Market Cap | Full List

CATL, founded in 2011 in Ningde, China, is the largest battery manufacturer in the world and the only one to hold more than 30% of the global EV battery market. It supplies automakers including Tesla, Ford, and Volkswagen, with production bases in China, Germany, and Hungary.

Chinese, South Korean, and Japanese companies dominate lithium-ion battery cell production, with China alone accounting for well over 80% of all batteries manufactured. The sector serves electric vehicles — which represent more than 70% of total lithium-ion battery deployment — along with energy storage systems, consumer electronics, and industrial equipment.

Key players among the largest battery manufacturers include:

  • CATL — Listed in Shenzhen and Hong Kong, the global market share leader in EV batteries.
  • BYD — A vertically integrated company listed in Hong Kong, active across electric vehicles, electronics, and renewable energy.
  • LG Energy Solution — Established as an independent entity in 2020 after separating from LG Chem, listed in South Korea, with global joint ventures across automakers.
  • Samsung SDI — A South Korean manufacturer with a portfolio spanning electric mobility, stationary storage, and consumer electronics.
  • Panasonic — Listed on the Tokyo Stock Exchange, known for long-standing partnerships in automotive battery solutions.
  • QuantumScape & Solid Power — U.S.-listed companies (NYSE: QS, NASDAQ: SLDP) developing next-generation solid-state battery technology, backed by partners including Ford, BMW, and Volkswagen.

Two main chemistries define the market: Nickel Manganese Cobalt (NMC) batteries hold the largest global share, while Lithium Iron Phosphate (LFP) is the fastest-growing chemistry thanks to its lower cost and longer lifetime. Solid-state batteries represent the next frontier, with several listed companies actively developing them. For related sectors, see lithium mining companies.

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The following table contains a list of the largest battery manufacturers by market capitalization, covering pure-play cell producers and conglomerates with major battery divisions listed across global exchanges. Only publicly traded companies are included, and the presented data (price, market cap) are regularly updated to reflect the current market situation.

Largest battery manufacturers
StockPriceChange %Marketcap
300750.SZ
CATL
300750.SZ
$38.041.43%0.176T
373220.KS
LG Energy Solution
373220.KS
$263.835.03%0.062T
006405.KS
Samsung SDI
006405.KS
$154.952.21%0.012T
300014.SZ
EVE Energy
300014.SZ
$7.512.02%16.32B
EXIDEIND.NS
Exide Industries
EXIDEIND.NS
$3.896.40%3.31B
247540.KQ
Ecopro BM
247540.KQ
$72.2410.96%0.00778T
QS
QuantumScape
QS
$4.122.49%2.55B
ENR
Energizer Holdings
ENR
$24.070.45%1.65B
ENVX
Enovix
ENVX
$2.941.01%645.18M
SES
SES AI
SES
$0.7622.06%282.96M
SLDP
Solid Power
SLDP
$2.033.05%463.21M
STEM
stem
STEM
$2.375.33%22.82M
NVX
Novonix
NVX
$2.244.19%55.88M
ULBI
Ultralife Corporation
ULBI
$15.630.06%260.46M
AMPX
Amprius Technologies
AMPX
$8.835.37%1.29B
EOSE
Eos Energy Enterprises
EOSE
$1.907.95%691.92M
MVST
Microvast
MVST
$0.6044.99%233.21M
LGO
Largo
LGO
$0.3273.14%37.51M
CBAT
CBAK Energy
CBAT
$1.105.26%97.51M
KULR
KULR Technology
KULR
$1.641.20%75.90M
NEOV
NeoVolta
NEOV
$2.085.58%122.75M
ABAT
American Battery Technology Company
ABAT
$1.256.02%178.22M
DFLI
Dragonfly Energy
DFLI
$2.008.11%3.74M
XPON
Expion360
XPON
$3.701.37%3.75M
TSLA
Tesla
TSLA
$398.501.32%1.58T