Top 10 hybrid battery suppliers in the world

The global installed capacity of HEV supporting batteries has a strong trend

From January to May 2022, the world’s new energy vehicles (including ordinary hybrids) sold 4.61 million units, of which hybrid electric vehicles (HEVs) reached 1.39 million units, accounting for 30%. Hybrid energy-saving vehicles will become the best choice to quickly replace fuel vehicles. Global car companies have accelerated the layout of HEV energy-saving vehicles.

The continuous enrichment of technical routes and models has driven the market scale of supporting special batteries to continue to increase, and the market share is expected to reach 20% within 1 to 3 years. Currently, the common HEV batteries are mainly ternary lithium battery and lithium iron phosphate battery.

Due to the huge growth potential of the hybrid battery market, global battery companies, including Top 10 hybrid battery suppliers, are scrambling to deploy, and the installed capacity of HEV batteries continues to grow at a high rate.

This article aims to provide you with a detailed introduction to Top 10 hybrid battery suppliers in the world, covering their development history, the company’s main business and profile information, as well as the industry layout in the field of hybrid batteries, so as to help you gain a comprehensive and in-depth understanding of HEV The market trend of energy-saving automobile supporting batteries and the latest developments of the industry’s leading companies.

Top 10 hybrid battery suppliers in the world

CATL

Company profile:
CATL, which ranks first among the Top 10 hybrid battery suppliers in the world, is the world’s leading lithium-ion battery R&D and manufacturing company. It has established cooperative relations with many mainstream car companies in China and has become one of the first lithium-ion power battery manufacturers in China to enter the supply chain of top international car companies.

CATL focuses on the R&D, production and sales of new energy vehicle power battery systems and energy storage systems, and is committed to providing first-class solutions for global new energy applications. Its core technologies include power and energy storage battery fields, materials, cells, batteries R&D and manufacturing capabilities of the entire industry chain, such as systems, battery recycling and secondary utilization.

Main products and services:
Power battery systems, energy storage systems and lithium battery materials. CATL’s energy storage system products include cells, modules/boxes, and battery cabinets, which can be used in power generation, transmission and distribution, and electricity consumption, covering solar or wind power generation and energy storage, industrial enterprise energy storage, commercial buildings and data center energy storage, energy storage charging station, communication base station backup battery, home energy storage, etc.

Recent news and related layout:
CATL currently has a battery manufacturing capacity of about 145 GWh/year, and is expected to reach a battery manufacturing capacity of more than 579 GWh a year in 2026. In 2021, CATL will account for 30.7% of xEV (BEV, PHEV, HEV) passenger vehicles, making CATL the world’s largest electric vehicle battery manufacturer and the top of the Top 10 HEV hybrid battery suppliers.

SUNWODA

Company profile:
SUNWODA began to formally lay out the electric vehicle battery business in 2008, with the electric vehicle battery system (cell, module, BMS and PACK) as the core product, and the upstream extends to key links such as mineral raw materials, battery positive and negative materials, and the downstream extends to industries such as electric vehicles, energy storage power stations, and power battery cascade utilization, an integrated layout of the entire industry chain has been formed. Nowadays, SUNWODA has grown into one of the Top 10 hybrid battery suppliers in the world.

Main products and services:
Grid energy storage: battery modules, battery clusters, battery compartments and energy storage systems; Home energy storage: battery modules, battery cabinets, whole system & portable energy storage; Industrial and commercial energy storage: outdoor cabinets.

Recent layout:
On March 1, 2022, SUNWODA received a fixed-point notification from SAIC MOTOR on the ZS12MCE HEV project, and the supply product is power battery assembly. In September 2021, Sunwoda, together with a joint venture company established by GEELY, started construction of the GEELY-SUNWODA power battery project in Zaozhuang with an investment of about 5 billion yuan. The project will build 3 BEV and 7 HEV power battery production lines, and is expected to achieve an annual production capacity of 800,000 sets of hybrid batteries after reaching production.

BYD

Company profile:
In the field of batteries, BYD’s products have covered consumer 3C batteries, power batteries (lithium iron phosphate batteries and ternary batteries), solar batteries, and energy storage batteries. Complete battery industry chain. At present, BYD which belong to global Top 10 hybrid battery suppliers,  is also one of the TOP 10 lithium iron phosphate power battery manufacturers in China. In addition to new energy vehicles and rail transit, BYD’s battery products are widely used in solar power plants, energy storage power plants and other new energy solutions. As such, BYD is the world’s leading provider of solar and energy storage solutions.

Main products and business scope:
Consumer 3C batteries, power batteries (lithium iron phosphate batteries and ternary batteries), solar batteries, and energy storage batteries, etc.

Related layout:
In January 2021, BYD released the DM-i super hybrid technology, and as a power-type blade battery specially used for the DM-i platform, it adopts wound cells in series, secondary sealing, and a high single-cell voltage above 20V. The biggest upgrade point of this system is that the number of cells is small. The entire battery pack has only 10-20 blade batteries, the structure is simpler, and the components are reduced by more than 30% compared with the current blade batteries.

LG Energy Solution

Company profile:
LG Energy Solution is part of the LG Group of South Korea. As a global leader in battery technology, LG Energy Solution’s business covers power batteries, small batteries, and energy storage systems. At present, LG Energy Solution provides power battery products for Volkswagen, GM, Daimler, Ford, Hyundai, Kia, Audi, Porsche, Renault, Tesla and other leading global car brands.

Main products and services:
Automotive battery, mobility & IT battery and ESS battery.

Recent layout:
On July 6, 2022, it is reported that LG Energy Solution will provide Japanese commercial vehicle manufacturer Isuzu Motors with batteries worth about 1 trillion won or more to advance Isuzu Motors’ truck electrification project. In 2007, LG Energy Solution started to supply lithium-ion power batteries for HEV (Hybrid Electric Vehicle) and PHEV (Plug-in Hybrid Electric Vehicle), starting from the order of Hyundai Motor.

Panasonic

Company profile:
Panasonic is a large Japanese multinational conglomerate that became the world’s largest consumer electronics manufacturer in the late 20th century, developing, producing, selling and servicing a range of electrical and electronic products. Among the Top 10 hybrid battery suppliers, Panasonic offers a wide range of products and services, including rechargeable batteries, automotive and avionics systems, industrial systems, and home improvement and construction. Its products are used in consumer electronics, housing, B2B and automotive. Panasonic, one of the pioneers in automotive lithium-ion batteries and currently one of the top three electric vehicle battery makers, is entering a new phase in its automotive battery business.

Main products and services:
Rechargeable and non-rechargeable batteries including lithium ion, nickel metal hydride, lead acid, coin, nickel cadmium, lithium and alkaline technologies. Additionally, it offers amorphous silicon solar cells and consumer batteries.

Related layout:
Prime Planet Energy & Solutions, a battery joint venture between Panasonic and Toyota, is expanding its battery production capacity. PPES plans to build a new battery factory on top of the existing one in Dalian, China, which will produce lithium batteries for 400,000 hybrid vehicles a year. PPES mainly produces square HEV batteries and develops solid-state batteries and next-generation batteries, ranking the top in the global HEV lithium battery market.

JEVE

Company profile:
As one of the Top 10 hybrid battery suppliers, JEVE focuses on new energy power and energy storage, and now has complete development capabilities for single cells, BMS, and battery systems, as well as simulation capabilities for the entire product system. JEVE’s products cover BEV, PHEV, HEV/48V, and LTO. It has established a full-featured trial production test platform and software platform to meet the design and verification needs of the entire product development process from raw materials, cells, BMS to systems.

Main products and solutions:
New energy power – pouch batteries for passenger cars, products cover BEV, PHEV, HEV/48V, LTO; Energy storage – large-scale energy storage container power station (power generation side energy storage, grid side energy storage and user side energy storage), industrial and commercial energy storage products, household smart energy storage products, etc.

Recent layout:
In the first half of 2022, JEVE has started to supply power batteries to SAIC in batches. At present, JEVE’s punch batteries are deployed on three platforms: 355 modules, 590 modules, and customized LCM modules, to achieve full coverage of battery products for pure electric, PHEV, HEV and other new energy vehicles.

RiseSun MGL

Company profile:
Among the Top 10 hybrid battery suppliers, RiseSun MGL is one of the earliest companies in China engaged in the R&D and industrialization of key materials for lithium-ion power batteries and batteries for new energy vehicles and energy storage. A power battery company with large-scale production and market-oriented application of lithium-ion batteries. So far, RiseSun MGL has formed a complete technical system covering key materials of power batteries, cells, modules, system integration and BMS, and has successfully developed high-power, high-energy, and energy-power lithium manganate, ternary , lithium iron phosphate, lithium titanate system power battery products.

Main business:
Power battery products are widely used in EV, HEV, PHEV, rail transit, general aviation, green energy storage and other fields.

Related news:
In the first half of 2022, RiseSun MGL’s HEV battery installed capacity is 26 units, with an installed capacity of 55KWh.

CPAB

Company profile:
The main products of CPAB are nickel-metal hydride power batteries for automobiles, and the products adopt the product design and manufacturing process of Japanese PEVE and Toyota Motor.

Main products:
Automotive NiMH power battery module/module packs.

Recent layout:
CAPB’s nickel-metal hydride power batteries are exclusively for Toyota. In 2021, product sales will account for 57% of the total installed capacity of HEV batteries in China, and the market share will increase by nearly 7% compared with 2020.

Blue Energy

Company profile:
Blue Energy is one of the UK’s leading developers of renewable energy infrastructure, with a commitment to long-term investment in the sector, having developed, funded and constructed over 320MW of onshore wind and solar generation assets in the United Kingdom including the Beinneun (109 MW) and Blackcraig (52 MW) onshore windfarm projects.

Main products and services:
Hybrid batteries.

PEVE

Company profile:
Primearth EV Energy (PEVE) was established in 1996 as a joint venture between Toyota and Panasonic, of which Toyota invested 80.5% and Panasonic invested 19.5%.

Main products:
Hybrid battery, Ni-MH battery, hydrogen battery and Li-ion battery.

Related layout:
PEVE mainly produces batteries for hybrid vehicles, which are assembled in Toyota’s hybrid vehicles such as the “Prius”.

HEV battery is just one type of power battery, maybe you want to know more about the power battery field. The Top 10 power battery companies on our website contains a comprehensive introduction to the leading companies in the power battery industry, which may be helpful to you in the future.