Electric Vehicle Battery companies

  • Report ID: 4770
  • Published Date: May 21, 2025
  • Report Format: PDF, PPT

Companies Dominating the EV Battery Landscape

    The electric vehicle (EV) battery market is highly competitive, led by major players from China, South Korea, and Japan, with growing input from the U.S. and Europe. CATL leads in innovation, while LG Energy and Samsung SDI focus on scale. Panasonic and AESC prioritize reliability and solid-state research, and Tesla integrates batteries across its ecosystem. Global companies are investing in R&D, partnerships, and localized production to strengthen their market presence. Given below is a list of top global firms leading the electric vehicle (EV) battery market .

    Company Name

    Country

    Market Share (%)

    CATL (Contemporary Amperex Technology Co. Ltd)

    China

    35%

    LG Energy Solution

    South Korea

    19%

    Samsung SDI

    South Korea

    8%

    BYD Co. Ltd

    China

    7%

    Tesla Inc.

    USA

    6%

    SK Innovation

    South Korea

    5%

    Exide Industries

    India

    3%

    Johnson Matthey

    UK

    XX%

    Redflow Limited

    Australia

    XX%

    MIDA Battery Tech

    Malaysia

    XX%

    Given below are the areas covered for each company in the electric vehicle battery market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The electric vehicle battery market sector was valued at USD 85 billion in 2024 and is projected to expand at a profitable CAGR of 15% during the forecast period, i.e., 2025-2037.

The global electric vehicle battery market registered a profitable valuation of USD 85 billion in 2024 and is poised to reach USD 440 billion by 2037 expanding at a CAGR of 15% during the forecast period, i.e., 2025-2037.

The major players in the market are LG Energy Solution, Samsung SDI, BYD Co. Ltd, Tesla Inc., and others.

By battery type, the lithium-ion battery segment is expected to hold a dominant share of 60% by 2037, owing to its superior energy density, extended lifespan, and ability to scale efficiently, making it well-suited for electric vehicles.

Asia Pacific is anticipated to garner a robust share of 40% from 2025 to 2037 due to strong government backing, increasing urbanization, and rising environmental concerns.
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