Battery & Energy Storage

Explore the companies powering EVs and the energy grid. From lithium suppliers to next-gen solid-state innovators, discover who's shaping the future of energy storage.

Cells & Manufacturing

The cell manufacturers producing lithium-ion batteries at massive scale — from LFP to high-nickel chemistries powering EVs worldwide.

CATL

World's #1 — 37% global share, 500+ GWh capacity across LFP and NMC.

BYD Company

#2 globally — Blade Battery pioneer with 280+ GWh capacity.

LG Energy Solution

#3 globally — pouch and cylindrical cells for GM, Hyundai, Honda.

Panasonic

Tesla's primary cell supplier — 4680 and 2170 cylindrical formats.

Samsung SDI

90 GWh capacity — prismatic cells for BMW, Stellantis, Rivian.

Grid & Utility Storage

Companies deploying battery storage at grid scale — stabilizing renewable energy, providing backup power, and replacing gas peakers.

Tesla Energy

31+ GWh deployed in 2024 — Megapack is the fastest-growing storage product.

CATL

EnerC/EnerOne containers powering multi-GWh utility projects globally.

BYD Company

BYD Cube storage systems for commercial and utility customers.

LG Energy Solution

Major utility ESS supplier across US and European markets.

Battery Technology

Next-generation battery technologies promising higher density, faster charging, and improved safety — from solid-state to sodium-ion.

QuantumScape

Leading solid-state — lithium-metal cells with 80% faster charging target.

Solid Power

Sulfide solid-state cells licensed to BMW and Ford.

CATL

Condensed-matter battery for aviation; sodium-ion for low-cost EVs.

Samsung SDI

Solid-state pilot line targeting 900 Wh/L energy density by 2029.

Raw Materials & Economics

The upstream supply chain — lithium miners, raw material processors, and the economics driving battery cost reduction.

Albemarle

World's #1 lithium producer — brine in Chile, hard rock in Australia.

CATL

Brunp subsidiary recycles 120K+ tonnes annually; 99.6% nickel recovery.

BYD Company

Vertically integrated from lithium mining through finished vehicles.

Tesla Energy

Building lithium refinery in Texas; long-term offtake agreements.

Battery Value Chain: Who Does What

Where each company sits across the battery supply chain — from raw materials through recycling. Hover cells for details.

Raw Materials

Cell Mfg

Pack Assembly

Grid Storage

Recycling

Raw Materials

Cell Mfg

Pack Assembly

Grid Storage

Recycling

CATL

BYD

LG Energy Solution

Panasonic

Samsung SDI

SK On

Tesla Energy

Albemarle

QuantumScape

Solid Power

CALB

EVE Energy

Solid bars = active in this stage. Faded = notable relationship but not primary business. Hover for details.

Global EV Battery Market Share

EV battery market share by manufacturer, 2024 (% of GWh shipped). CATL and BYD together control over 50% of global production. Sources: SNE Research, company filings.

Global EV battery market share by manufacturer, 2024 (% of GWh shipped). Sources: SNE Research, company filings.

Battery Production Capacity by Manufacturer

Annual nameplate production capacity (GWh) for major cell manufacturers. Sources: company filings, SNE Research.

Annual battery production capacity by manufacturer (GWh). Sources: company filings, SNE Research.

Tesla Energy Storage Deployed

Tesla Energy quarterly storage deployments (GWh) — Megapack and Powerwall combined. 31+ GWh deployed in 2024. Sources: Tesla earnings reports.

Tesla Energy quarterly storage deployed (GWh). Includes Megapack and Powerwall. Sources: Tesla earnings reports.