The ten largest battery manufacturers in 2023

E-mobility The ten largest battery manufacturers in 2023

2024-03-11 From Henrik Bork Henrik Bork | Translated by AI 3 min Reading Time

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China is expanding its share of the electric vehicle battery market. Among the ten largest companies, six are from China – led by CATL and BYD.

CATL was the number one battery manufacturer for electric vehicles last year. The supplier was able to defend its large lead over the competition.(Image: CATL) — CATL was the number one battery manufacturer for electric vehicles last year. The supplier was able to defend its large lead over the competition.
(Image: CATL)

More and more car batteries are coming from Chinese production. Last year, the six largest manufacturers from China collectively expanded their share of the global market – from over 60 percent in 2022 to over 63 percent in 2023 – shows a recent report from the Korean research institute SNE.

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Date: 08.12.2025

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