13 Electric Vehicle (EV) Battery Manufacturers in 2024
This section provides an overview for electric vehicle (ev) batteries as well as their applications and principles. Also, please take a look at the list of 13 electric vehicle (ev) battery manufacturers and their company rankings. Here are the top-ranked electric vehicle (ev) battery companies as of November, 2024: 1.Emerson Electric Co., 2.JBC Technologies, Inc., 3.Panasonic Corporation of North America..
Table of Contents
What Is an Electric Vehicle (EV) Battery?
EV batteries are specifically designed for electric vehicles (EVs). These batteries are rechargeable and can be used multiple times, unlike single-use batteries.
Currently, lithium-ion batteries are the most popular type of EV battery, known for their light weight, high capacity, and high energy density compared to earlier lead-acid batteries. All-solid-state batteries, which eliminate the use of liquid electrolyte, are emerging as the next generation of EV batteries.
Uses of EV Batteries
EV batteries primarily power hybrid vehicles and EVs. In addition to powering EVs, they are increasingly seen as potential virtual power plants. This involves using the battery capacity of EVs to support the electrical grid during power shortages, alongside other sources like solar power and storage batteries.
Principles of EV Batteries
Lithium-ion batteries, the mainstream choice for EVs, operate by moving lithium ions between the positive and negative electrodes in a liquid electrolyte. They consist of a lithium compound organic solvent, a lithium and metal oxide cathode, a graphite anode, and a polymer compound membrane separator. Charging occurs when external power causes lithium ions to move from the cathode to the anode, creating a potential difference and storing energy.
All-solid-state batteries function similarly, with lithium ions moving between electrodes. However, they use a solid electrolyte and do not require a separator, potentially offering enhanced safety and stability.
Types of EV Batteries
EV batteries mainly include:
1. Lead-Acid Batteries
Lead-acid batteries are affordable, have a low risk of explosion or fire, and are commonly used as auxiliary batteries in EVs. They power secondary systems like air conditioners and lights, ensuring functionality even if the main drive battery fails.
2. Lithium-Ion Batteries
Lithium-ion batteries have a higher energy density compared to other rechargeable batteries, with a nominal voltage of 3.6 V. They have no memory effect and perform well at high temperatures. However, their high energy density also poses a risk of ignition, necessitating careful design to ensure safety in vehicles.
3. Nickel-Metal Hydride Batteries
Nickel-metal hydride batteries use nickel hydroxide and a hydrogen storage alloy. While they have lower energy density and performance compared to lithium-ion batteries, they are more cost-effective and safer, making them suitable for hybrid electric vehicles (HEVs).
List of 13 Electric Vehicle (EV) Battery Manufacturers
*Including some distributors, etc.
Sort by Features
- Default
- Company Size: largest first
- Year Founded: oldest first
- Year Founded: earliest first
Sort by Area
- United States of America
- China
- Japan
- Republic of Korea
- Sweden
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Manufacturer Overview
3M Company was founded in 1902 and is headquartered in St. Paul, Minnesota. 3M provides diversified technology services globally. 3M operates through four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offerings include industrial abrasives, masking, and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment offerings include ceramic solutions, light management films, and electronics assembly solutions. The Healthcare segment offerings include wound care, dentistry and orthodontia solutions, and filtration and purification systems. The Consumer segment offerings include consumer bandages, picture hanging, and stationery products.
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Panasonic Corporation of North America.
Electric Vehicle (EV) Batteries
Company Overview
Panasonic Corporation of North America is a global sustainable technology solutions provider established in 1918 by Konosuke Matsushita. The company was established on the philosophy that "business is ultimately for the betterment of our society". The company offers electronic components and devices that support Electric Vehicle charging applications. Panasonic also offers a total suite of digital and automation technologies to the manufacturing sector including electronics assembly equipment and advanced robotics for industrial automation. The company has technology solutions for education, entertainment, media, and sports as well as energy and utilities.
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JBC Technologies, Inc.
ELECTRIC VEHICLE BATTERIES
Company Overview
A 3M™ Preferred Converter and world-class die-cutter, JBC Technologies provides innovative die-cut solutions that enable our customers to convert their design concepts into reality. But the impact of what we do goes far beyond converting flexible materials into custom parts. Our customers benefit from our strong engineering focus and emphasis on providing value during the full product lifecycle. This includes everything from a prototype and quick react program that helps you solve last-minute production problems fast to high volume production with lead time strategies tailored to your specific needs.
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Samsung SDI
Automotive Battery
Manufacturer Overview
Samsung SDI is a supplier and a manufacturer of battery technologies, a global provider of advanced battery solutions, and a subsidiary of the Samsung Group which is located in Seoul, South Korea. Established in 1970, the company provides an extensive array of products, including batteries for electric vehicles (EVs), energy storage systems (ESS), mobile devices, and consumer electronics. One of their notable offerings is the "Samsung SDI ESS," an energy storage solution specifically designed to store and effectively utilize renewable energy.
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Nissan Motor Co., Ltd.
Electric Vehicle (EV) Batteries
Manufacturer Overview
Nissan Motor Co., Ltd., is a global car manufacturer, founded in 1933 and headquartered in Yokohama, Japan, The company sells a full line of vehicles under the Nissan and INFINITI brands. Its product range includes sedans, compact cars, SUVs, sports cars, and minivans, catering to various automotive needs. Its headquarters manages operations in four regions which includes Japan-ASEAN, China, Americas, and AMIEO that comprises of Africa, Middle East, India, Europe & Oceania.
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Manufacturer Overview
SSAB, established in Stockholm, Sweden, in 1878 is a manufacturer of steel products used in industries such as Construction and Infrastructure, Automotive and Transportation and Oil and Gas. Their product portfolio includes Steel Pipes and Tubes, Steel Sheets and plates used in fabrication and automotive industries, steel coils used in the manufacturing of electrical appliances, and structural steel used for building construction and infrastructure projects. The company also manufactures fossil-free steel which replaces coal in the iron ore reduction process with hydrogen resulting in removal of the fossil carbon emissions.
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Emerson Electric Co.
Electric Vehicle (EV) Batteries
Manufacturer Overview
Founded in 1890 in Missouri, Emerson Electric Co., is a technology and engineering company that provides various solutions for customers in industrial, commercial, and consumer markets globally. Business segments include automation solutions, AspenTech, and commercial & residential solutions segments. The Automation Solutions segment offers measurement and analytical instrumentation, industrial valves and equipment, and process control software and systems. The AspenTech segment provides asset optimization software for enhancing performance through a combination of modeling, simulation, and optimization capabilities. The Commercial & Residential Solutions segment offers residential and commercial HVAC products, system protector and flow control devices, and IoT thermostats.
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Saint-Gobain Tape Solutions
Electric Vehicle Battery Applications
Manufacturer Overview
Saint-Gobain Tape Solutions, established in 1963, is a manufacturer of tapes, including adhesive, bonding, gaskets, and spacer tapes targeting the automotive, energy, building & construction, industrial, and electrical markets. Saint-Gobain Tape Solutions offer custom solutions, with 139 projects opened in the last twelve months and three new projects each week. The company in Bengaluru, Karnataka, India, has gasketing foams that eliminate the sticky problems that come with sealants, elastomeric foam tapes are also available with or without adhesive.
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LG Energy Solution
automotive batteries
Manufacturer Overview
LG Energy Solution, founded in 2020 in Seoul, South Korea is a manufacturer of Lithium-ion batteries. The Company’s product portfolio includes Automotive Battery for electric vehicles, Mobility and IT Battery targeting IT and LEV markets and ESS Battery for grids, UPS and residential cells. These products are used in electric vehicles and ships, drones and battery powered spacesuits. The Company is ISO 9001:2015 and IATF 16949:2016 certified and delivers products and solutions in tandem with customers’ expectations.
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EDF Group
EV: Batteries
Distributor Overview
EDF Group is a supplier of gas and electricity for homes and businesses, founded in 2003 and headquartered in London, England. The company specializes in zero/low carbon electricity, nuclear generation, and energy efficiency and sustainability. It provides insulation, boiler covers, solar panels and batteries, smart meters, and electric cars. It also provides air conditioning units and energy tarrifs for businesses. The company operates under the ISO 9001 standards, and according to industry regulations and customer requirements.
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Electric Vehicle (EV) Battery Manufacturer Ranking
*Including some distributors, etc.Ranking as of November 2024
Derivation Method| Rank | Company | Click Share |
|---|---|---|
| 1 | Emerson Electric Co. |
21.5%
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| 2 | JBC Technologies, Inc. |
15.5%
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| 3 | Panasonic Corporation of North America. |
10.5%
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| 4 | 3M |
9.8%
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| 5 | EDF Group |
7.3%
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| 6 | SSAB |
7.3%
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| 7 | SK on Co., Ltd. |
5.4%
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| 8 | Saint-Gobain Tape Solutions |
5.2%
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| 9 | Nissan Motor Co., Ltd. |
4.8%
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| 10 | LG Energy Solution |
4.0%
|
Derivation Method
The ranking is calculated based on the click share within the electric vehicle (ev) battery page as of November 2024. Click share is defined as the total number of clicks for all companies during the period divided by the number of clicks for each company.Number of Employees
- Nissan Motor Co., Ltd.: 134,111
- LG Energy Solution: 34,177
- SSAB: 14,000
Newly Established Company
- SK on Co., Ltd.: 2021 (3 years ago)
- LG Energy Solution: 2020 (4 years ago)
- CATL: 2011 (13 years ago)
Company with a History
- SSAB: 1878 (146 years ago)
- BYD Company Ltd.: 1995 (29 years ago)
- CATL: 2011 (13 years ago)
Electric Vehicle (EV) Battery Manufacturers in United States
*Including some distributors, etc.
Global Distribution of Electric Vehicle (EV) Battery Manufacturers by Country
*Including some distributors, etc.
| Country | Number of Companies | Share (%) |
|---|---|---|
United States of America
|
3 | 33.3% |
Republic of Korea
|
2 | 22.2% |
China
|
2 | 22.2% |
Japan
|
1 | 11.1% |
Sweden
|
1 | 11.1% |
