The Top 10 Battery Manufacturers Ranked

While many companies are working on developing innovative and exciting battery technologies, the list of companies that actually make and sell large quantities of batteries is much shorter. According to a recent report from SNE Research, the top two battery manufacturers own roughly 50% of all market share, while the top ten own 91% of the market.

“From January to September in 2022, the amount of energy held by batteries for electric vehicles registered worldwide was 341.3GWh, a 75.2% year over year increase,” SNE Research reported:

“The global EV battery usage in September 2022 was 54.7GWh, more than 1.6 times greater than the same month of previous year. […] The EV battery market has maintained the bullish trend for the past 27 months despite weakened consumer confidence during the COVID-19 pandemic and difficulties in raw material supply and demand.”

In this article, we’ll take a look at the top 10 largest battery manufacturers in the world by market share. Read on to find out which companies top the charts in 2022.