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Analysis Report: Lithium-Ion Battery (Chinese Market)
Market Dominance by the Top 2 Companies Continues
2025/06/12
Table of contents
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Major suppliers
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Introduction
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I. Current status of the lithium-Ion battery market for NEVs in China
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II. Development trends of lithium-ion battery technology for NEVs
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III. Product structure and delivery status of major lithium-ion battery companies
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IV. Emerging NEV lithium-ion battery manufacturers
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V. Status of Non-Chinese lithium-ion battery companies in China
Major suppliers
| CATL | FinDreams (BYD) | Gotion High-tech |
| CALB | EVE Energy | SVOLT Energy |
| Sunwoda | LG Energy Solution | Panasonic |
Click here for Thermal Management System of BEV Batteries (European, American and Chinese Markets)
Introduction
In 2024, the production and sales of New Energy Vehicles (NEVs) in the Chinese market increased year-over year (y/y), and the production capacity of drive batteries also expanded. Unlike previous years, the supply of batteries far exceeded device demand, sending lithium carbonate prices to their lowest levels. At the same time, new types of drive batteries with new materials and shapes are being introduced to market one after another, reflecting the advances made in drive battery technology over the past year.
Chapter 1 of this report provides an overview of the Chinese market and part of the global market for new energy drive batteries; Chapter 2 summarizes the technological development of drive batteries; and Chapters 3 through 5 provide a detailed description of the current status of major battery manufacturers.
Unless otherwise noted, all content in this report refers to the Chinese market.
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