What are the top 5 energy companies in the world?

In the utility-scale sector, the top five companies are CATL, EVE Energy, Hithium, REPT, and BYD. The top two predominated, with CATL shipping more than 40 GWh and EVE Energy shipping nearly 15 GWh. The rest of the three shipped less than 10 GWh, with slight difference between each other.

Which battery maker has the most competitive EV product?

Still, the top three battery makers are responsible for two thirds (66%) of the total battery deployment, which highlights the importance of scale in this business, in order to have the most competitive product on the market. Panasonic, once upon a time a leader in the automotive EV business, has continued its slow slide down the table.

Will the Shenzhen battery market continue to increase in 2024?

And with other brands lining up to get their batteries in 2024 (Kia, KG Mobility, etc.), expect the Shenzhen make to continue increasing its share throughout the year. This was done at the cost of LG, which lost share in 2023, going from 17% in 2022 to 15% by the end of 2023.

What are the top 5 energy storage cell manufacturers?

The top five largest energy storage cell manufacturers in the first half are CATL, EVE Energy, REPT, Hithium, and BYD. CATL secured the top position with orders from major customers like Tesla and Fluence. EVE Energy received orders from all big customers, sustaining second place in the industry.

What batteries does Shenzhen make in 2024?

It supplies the Made-in-Germany Tesla Model Y, Toyota bZ3, Changan UNI-V, Venucia V-Online, as well several Haval and FAW models. And with other brands lining up to get their batteries in 2024 (Kia, KG Mobility, etc.), expect the Shenzhen make to continue increasing its share throughout the year.

Is sunwoda a good battery supplier?

Finally, Sunwoda is greatly benefitting from the growth of the startup Leap Motor, which it is the main battery supplier for. With the EV market continuing to grow fast, and average battery size increasing, expect the battery market to continue growing even faster, with +/-50% growth rates likely in the next couple of years.