According to the research, the global shipment of lithium battery for energy storage including power storage, household energy storage, industrial and commercial energy storage, communication energy storage and portable energy storage is up to 225GWh in 2023, with a 50% year-on-year growth. Among them, China’s market shipments accounted for about 90%. We can infer that the position of Chinese battery manufacturers in the global energy storage battery field will be further enhanced from this shipment ratio.
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According to incomplete statistics, 2023, Chinese energy storage battery cell companies in the world signed orders totaling more than 171GWh, the companies have to speed up the construction of international battery cell plant. Last year, China’s source network side and industrial and commercial energy storage market has become the largest incremental market for energy storage cell market, some of the cell manufacturers through the bidding and increase the size of the cell procurement to further expand the market share.
Global top 10 energy storage lithium battery manufacturers are CATL, BYD, EVE, REPT, HITHIUM, GOTION, GREAT POWER, AESC, CALB, Samsung SDI. Among them, CATL, REPT, EVE, HITHIUM, and GREAT POWER have signed orders ranging from GWh to tens of GWh globally in 2023. This year, Chinese lithium battery companies have accelerated the speed of shipments, and the penetration rate in the global energy storage market will further increase.
Top 10 energy storage lithium battery manufacturers in the world
CATL
CATL has been ranked No. 1 among the world’s top 10 energy storage lithium battery manufacturers for three consecutive years. Tesla’s Megapack and Virtue Energy’s Power-wall battery are mainly made of CATL battery cells. Its lithium storage battery uses lithium iron phosphate cathode material with excellent comprehensive performance, and undergoes stringent safety tests to ensure safety performance from multiple dimensions of mechanism, electrical performance, safety and reliability. In the fast-growing Chinese market, CATL has defined its role as a system integrator to fully develop the global market.
BYD
BYD is one of the earliest manufacturers engaged in the energy storage business at a global scale. As early as 2008, BYD set up the Electric Power Science Research Institute and began to develop energy storage system products. Up to now, BYD’s lithium Battery energy storage products have covered 6 continents, more than 70 countries and regions, and more than 400 cities around the world.
EVE
EVE was founded in 2001, and its battery products are widely used in the markets of electric ships, engineering machinery, electric power storage, communication energy storage, and household energy storage. Recently, EVE clearly announced the technical route of the 628Ah energy storage battery Mr. Big and the matching 5MWh energy storage system Mr. Giant, marking a further upgrade of the capacity of the large battery cell. And Mr. Big cell are mainly used in large-scale, 4h and above wind power distribution and storage, shared energy storage, independent energy storage and other applications.
REPT
REPT focuses on VDA and MEB sizes of prismatic Li-ion batteries and LiFePO4 batteries. The product application field covers grid power storage, backup power and other energy storage fields. The product application field covers grid power storage, backup power and other energy storage applications. Recently, REPT’s 345Ah energy storage battery cell has passed three international authoritative certificates issued by TÜV Rheinland (Germany), namely UL1973, UL9540A and IEC62619, and has also passed the UN38.3 certification. It signifies that the 345Ah energy storage battery cell has reached international standards in terms of safety performance and has gained a passport to the international market. And the battery cell has an actual capacity of 335Ah, a cycle life of over 10,000 cycles and an energy efficiency of 95%.
HITHIUM
Founded in 2019, HITHIUM specializes in the research, development, production and sales of lithium battery core materials, lithium iron phosphate energy storage batteries and systems. HITHIUM has developed professional energy storage battery products covering 25Ah/50Ah/280Ah/300Ah/314Ah. The lithium battery intelligent production line of HITHIUM has introduced the new MES intelligent system, which realizes the full coverage of the production process and is highly automated and intelligent. In addition, HITHIUM provides battery modules, battery packs and containerized energy storage products, and high-efficiency energy storage system solutions.
GOTION
GOTION’s main products are lithium iron phosphate cells, ternary cells, power battery packs, battery management systems and energy storage battery packs. The products are widely used in the field of new energy vehicles, and at the same time provide system solutions for energy storage power stations, communication base stations, etc. GOTION has launched energy storage battery cabin, industrial and commercial energy storage outdoor cabinets, household energy storage systems and intelligent mobile energy storage series products and one-stop energy storage solutions.
GREAT POWER
After 23 years of development, GREAT POWER has developed into one of the world’s well-known lithium battery manufacturers. In recent years, GREAT POWER has focused on energy storage, accelerated the penetration of globalization business in various segments, and ranked the top of the world in terms of shipment volume for many years in a row. It provides a wide range of energy storage products and systems for a number of well-known global brands, such as battery cells, PACK, integrated outdoor energy storage cabinets, and containerized energy storage. At present, GREAT POWER’s product business mainly covers large-scale energy storage, industrial and commercial energy storage, household energy storage, and communication base station energy storage.
AESC
AESC’s battery cells for energy storage utilize more secure lithium iron phosphate technology. After launching its first energy storage battery cell in 2019, AESC’s shipment volume has been increasing year by year, and now it is located in the seventh place of top 10 energy storage lithium battery manufacturers, and the products cover many regions around the world, including Asia, Europe and America.
CALB
CALB is one of top 10 energy storage lithium battery manufacturers, specializing in the development, production, sales and market application development of lithium batteries, battery management systems, energy storage batteries and related integrated products and lithium battery materials. In energy storage area, CALB has formed a full range of product sequence, and there are mature products for users to choose from in the power generation side, grid side, industrial and commercial energy storage, and the user side of household energy storage.
Samsung SDI
Due to the Japanese and South Korean companies switching technology routes and lithium iron phosphate capacity constraints, end customers Tesla Megapack and Powerwall products have switched to LFP route, Samsung SDI has also switched product routes and built a new LFP production line. However, in the short term, lithium iron phosphate core production capacity is limited, and there is a gap between product innovation and cost-effective with Chinese manufacturers. Compared with last year, the market share has changed a lot.
