2023 best Top 10 lithium ion battery manufacturers in Canada
This article will talk about the top 10 lithium ion battery manufacturers in Canada and the lithium battery market.
How is the lithium battery market in Canada
The lithium battery market in Canada is worth an estimated $5.3 billion, and is expected to grow at a compound annual growth rate of 5.9% between 2023 and 2024, according to a report. The report notes that the market is being driven by the increasing demand for electric vehicles (EVs) and energy storage systems (ESSs).
Canada has emerged as a key player in the lithium battery market, with a number of companies – including Tesla, Panasonic, and LG Chem – investing in the country’s manufacturing sector. In addition, several provinces have announced plans to phase out gasoline- and diesel-powered vehicles in favor of EVs. Ontario, for example, plans to have six million EVs on the road by 2030.
The lithium battery market in Canada is dominated by large players such as one of top 10 power battery companies in the world Panasonic, Samsung SDI, and LG Chem. However, there is also a growing number of smaller players that are offering innovative new products and services. These small players are expected to play an important role in the growth of the market over the next few years.
The Canadian government has been supportive of the development of the lithium battery market. In 2017, it announced a $1.5 billion investment in electric vehicles and batteries. Here are top 10 lithium ion battery manufacturers in Canada.
2023 Top 10 lithium ion battery manufacturers in Canada
There are a number of lithium ion battery manufacturers in Canada, Ranking in no particular order:
| Ranking | Manufacturers |
|---|---|
| 1 | Taranise |
| 2 | lonomr |
| 3 | CANBAT |
| 4 | NEO LITHIUM |
| 5 | Electrovaya |
| 6 | Johnson Controls |
| 7 | Li-Cycle |
| 8 | Corvus Energy |
| 9 | StromVolt |
| 10 | Discover Battery |
Taranise
Company profile：
Taranis Energy is a leading supplier of new Lithium and re-certified batteries in the Canada. Our core purpose is to promote mass adoption of renewable energy solutions. While the cost of alternative energy has decreased substantially within the past decade, Batteries have remained expensive. Cost effective energy storage remains the single greatest hurdle for the mass adoption of our clean and independent energy future.
There is no reason we cannot have balance. As our world is moving towards renewable energy. Wind and solar will play a bigger role in our energy infrastructure. These sources have wild fluctuations in availability. Batteries allow us to store that energy for later use.
Company website: https://taranise.com/
Ionomr
Company profile:
Ionomr is one of leading top 10 lithium ion battery manufacturers in Canada. Headquartered in Sherbrooke, Quebec, Ionomr has been supplying high-quality batteries to major OEMs for over a decade.
Ionomr is a Canadian battery manufacturer with a focus on lithium ion batteries. The company has been in operation since 2010, and has become a leading supplier of lithium ion batteries to the medical device and energy storage industries. Ionomr’s products are designed and manufactured in Canada, and the company is committed to quality and customer service.
Company website: https://ionomr.com/
CANBAT
Company profile:
Canbat is a battery manufacturer in Canada offering sealed lead-acid, lithium iron and lead carbon batteries! Canbat as one of top 10 lithium ion battery manufacturers in Canada design, develop and manufacture an extensive range of VRLA and LifePO4 batteries. The head office strategically located on the West Coast of Vancouver, British Columbia, provide high-quality lead-acid and lithium batteries with a focus on the following markets: renewable energy, telecommunications, industrial automation and reserve power.
Company website: https://www.canbat.com
NEO LITHIUM
Company profile:
NEO Lithium Corp, which is based in Calgary, Alberta. NEO Lithium Corp is a young battery manufacturers in Canada, founded in 2016, but it has big plans to become a leading player in the lithium ion battery market. It has already begun production of batteries at its plant in Calgary, and it plans to expand its operations significantly in the coming years.
One of the things that sets NEO Lithium Corp apart from other battery manufacturers is its focus on research and development. The company is constantly working on new ways to improve its batteries and make them more efficient. NEO Lithium Corp is confident that it can meet the growing demand for batteries both in Canada and around the world.
Company website: https://www.neolithium.ca/
Electrovaya
Company profile:
Electrovaya is a battery manufacturers in Canada that was founded in 1996. It manufactures lithium ion batteries and battery systems for transportation, telecommunications, and portable power applications.
In 2001, Dr. Sankar Dasgupta founded Electrovaya Inc. with the goal of manufacturing lithium ion batteries for electric vehicles. Located in Mississauga, Ontario, Electrovaya is now one of the largest lithium ion battery manufacturers in Canada. The company has developed a number of patents for its innovative battery technology, which has made it a leader in the field.
Electrovaya’s products are used in a variety of applications, including electric vehicles, portable energy devices, and grid storage. The company has also partnered with several large corporations, including Tesla Motors and Mercedes-Benz. In addition to its manufacturing facility in Mississauga, Electrovaya operates a research and development center in Germany.
Company website: https://ionomr.com/
Johnson Controls
Company profile:
Johnson Controls is one of the top 10 lithium ion battery manufacturers in Canada. The company has a long history of producing quality batteries for a variety of applications.
The company has a strong reputation for quality and reliability, and its products are used in a variety of industries including transportation, telecommunications, and medical devices.
Johnson Controls is committed to innovation and continues to invest in new technologies that improve the performance of its batteries. The company has a large manufacturing footprint in North America and Europe, and its products are sold through a network of distributors and OEMs worldwide.
Company website: www.johnsoncontrols.com
Li-Cycle
Company profile:
Li-Cycle Holdings is a lithium battery manufacturers in Canada. Li-Cycle’s mission is to develop and manufacture high-performance lithium ion batteries for a variety of applications, including electric vehicles, energy storage, and smart grid technology.
Li-Cycle has developed a reputation for its high-quality products and cutting-edge technology. The company has been awarded several patents for its innovations in lithium ion battery design and manufacturing.
Li-Cycle Holdings is at the forefront of the global race to develop and commercialize next-generation lithium ion batteries. With its world-class engineering team and state-of-the-art manufacturing facilities, Li-Cycle is well positioned to lead the way in this rapidly growing industry.
Company website: https://li-cycle.com/
Corvus Energy
Company profile:
The company is one of lithium ion battery manufacturers in Canada, was founded in Canada in 2009.The head office was moved to Norway in 2018. Corvus Energy offers Energy Storage Systems (ESS) suitable for various vessel types, providing energy storage in the form of modular lithium-ion battery systems. The battery systems provide power to hybrid and all-electric heavy industrial equipment, including large marine propulsion drives.
Company website: https://corvusenergy.com/
StromVolt
Company profile:
As North American demand for electrical vehicles continues to grow at an accelerating pace, StromVolt is supporting the efforts to address the growing lithium cell shortage by building the first North American owned cell factory in Canada.
Stromcore has a demonstrated history of delivering consistent and strong growth with established expertise in advanced battery manufacturing from module to pack. Their strong growth has resulted in a quest to find a secure cell supplier offering the characteristics to maintain their product advantages, namely long cycle life and fast charging capabilities.
Company website: https://www.stromvolt.com
Discover Battery
Company profile:
Discover Battery is battery manufacturers in Canada leads the industry in the design, manufacturing, and distribution of leading-edge battery technologies to the transportation, motive power, and energy storage industries. The company operate multiple manufacturing facilities that produce lithium batteries for a range of applications, including renewable energy, commercial, telecom systems, mobility, and UPS lithium battery/emergency light battery.
Company website: https://discoverbattery.com/
What is the price of a lithium battery in Canada
Prices for lithium ion batteries vary depending on the size and type of battery. Smaller, AA and AAA batteries generally cost between $5 and $10 per battery. Larger batteries used in cars or for industrial purposes can cost thousands of dollars each. In Canada, the price of a lithium ion battery ranges from $100 to $300 per kilowatt hour. This makes them significantly more expensive than lead acid or nickel-cadmium batteries.
The lithium ion battery is one of the most popular types of batteries in use today. As for why lithium-ion batteries are more expensive, It has a number of advantages over other types of batteries, including:
■ Lithium ion batteries have a high energy density, meaning they can store a lot of energy in a small space. This makes them ideal for use in portable devices, such as smartphones and laptops.
■ Lithium ion batteries are also very durable and can last for hundreds of charge cycles. This makes them a good choice for devices that need to be used frequently, such as electric vehicles.
■ Lithium ion batteries are also relatively lightweight, which makes them easy to transport and install.
■ Finally, lithium ion batteries are relatively affordable and cost-effective compared to other types of rechargeable batteries. This makes them a popular choice for consumers and businesses alike.
The best way to buy lithium-ion batteries in Canada
When it comes time to purchase a lithium-ion battery, there are a few factors you need to take into account. The most important thing to consider is the price. In Canada, the price of a lithium-ion battery ranges from $0.50 to $10.00 per watt-hour. This means that a battery with a capacity of 10 watt-hours will cost between $5 and $100.
The next thing you need to consider is the type of battery. There are three types of lithium-ion batteries: prismatic, cylindrical, and polymer. Prismatic batteries are the most common type and are often used in cell phones and laptops. Cylindrical batteries are often used in power tools and motorcycles. Polymer batteries are the newest type of lithium-ion battery and are often used in electric cars. You can also find a good odm lithium ion battery pack manufacturer through INTERNET.
In conclusion, when looking for a lithium ion battery manufacturer in Canada, it is important to do your research and find a company that you can trust. By following the tips provided in this article, you should be able to find a reputable manufacturer that will meet your needs.
2 thoughts on “Top 10 lithium ion battery manufacturers in Canada”
Great list! It’s interesting to see the top lithium ion battery manufacturers in Canada, and I appreciate the effort put into researching and compiling this information for readers like me.
Great list! It’s interesting to see the top lithium ion battery manufacturers in Canada, and I appreciate the effort put into researching and compiling this information for readers like me.