[Ranking] TOP 25 Automotive Batteries / Automotive Companies Q3/2023
Intro
The automotive industry is a crucial sector of the worldwide economy, playing a vital role in transportation and mobility. At its core, this industry encompasses the design, development, production, and sale of vehicles, including cars, trucks, motorcycles, and other motorized vehicles. One sub-industry within automotive that has gained significant importance in recent years is automotive batteries.
Automotive batteries have a profound influence on various sectors, from electric vehicles to hybrid cars and even traditional internal combustion engine vehicles. The advancements in battery technology have revolutionized the automotive sector, leading to increased efficiency, reduced emissions, and improved overall performance. This has had ripple effects on other industries, such as renewable energy, as batteries are also used for energy storage.
The economic magnitude of the automotive batteries industry is rapidly increasing, driven by the global shift towards electrification and sustainable transportation. The demand for automotive batteries is projected to experience exponential growth in the coming years, with the market expected to reach billions of dollars. This upward trajectory is fueled by government policies promoting electric vehicles, advancements in battery technology, and the growing awareness of environmental concerns.
Recent trends in the automotive batteries industry include the development of longer-lasting batteries, improved charging infrastructure, and the integration of battery management systems. Breakthroughs in research and development have led to the production of high-performance batteries with increased energy density and faster charging capabilities. However, obstacles such as cost, supply chain disruptions, and the limited availability of rare earth metals used in batteries pose challenges to the industry.
The landscape of the automotive batteries industry is continually evolving as companies strive to stay at the forefront of technology and innovation. Established automotive manufacturers, as well as startups and tech giants, are entering the market to capitalize on the growing demand for electric vehicles. This dynamic environment sets the stage for the exploration of the top companies in the automotive batteries sub-industry.
Ranking
#25 Lithium Werks
Employees: 0.1K
Revenue: 10M$
Website: https://www.lithiumwerks.com
Description: Lithium Werks is a leading company in the Automotive Batteries industry. Based in Austin, United States, the company was founded in 2017. With a team of approximately 100 employees, Lithium Werks specializes in the development and production of advanced batteries for the automotive sector. The company's innovative battery solutions are designed to enhance the performance and efficiency of electric vehicles, contributing to the global shift towards sustainable transportation. Lithium Werks' batteries are known for their high energy density, long lifespan, and fast charging capabilities. The company's commitment to quality and innovation has positioned it as a key player in the automotive batteries market, driving the adoption of electric vehicles worldwide.
#24 Crown Battery Manufacturing Company
Employees: 0.5K
Revenue: 150M$
Website: https://www.crownbattery.com
Description: Crown Battery Manufacturing Company, headquartered in Fremont, United States, is a leading player in the Automotive Batteries industry. With a history dating back to 1926, Crown Battery has established itself as a reliable manufacturer of high-quality automotive batteries. The company employs approximately 500 employees and generates an annual revenue of around 150 million dollars. Crown Battery is known for its commitment to innovation and customer satisfaction, offering a wide range of automotive batteries that meet the demands of the industry. With a strong presence in North America, Crown Battery continues to contribute to the growth and development of the automotive industry by providing reliable power solutions for various vehicles.
#23 FIAMM Energy Technology S.p.A
Employees: 2K
Revenue: 500M$
Website: https://www.fiamm.com/
Description: FIAMM Energy Technology S.p.A is a leading player in the Automotive Batteries industry. Headquartered in Montecchio Maggiore, Italy, the company was founded in 1942. With a workforce of approximately 2,000 employees, FIAMM Energy Technology specializes in the design, production, and distribution of automotive batteries for various applications. The company's batteries are known for their high performance, reliability, and durability, making them a preferred choice among automotive manufacturers and consumers worldwide. FIAMM Energy Technology generates an estimated revenue of 500 million dollars, solidifying its position as a key player in the automotive batteries market.
#22 Furukawa Battery Co., Ltd.
Employees: 2.5K
Revenue: 500M$
Website: https://www.furukawa-battery.com/
Description: Furukawa Battery Co., Ltd. is a Japanese company based in Yokohama, Japan. Founded in 1950, the company operates in the Automotive Batteries industry. With a workforce of approximately 2.5K employees, Furukawa Battery is dedicated to the manufacturing and distribution of automotive batteries. The company's products are widely recognized for their high quality and reliability, making them a trusted choice for various automotive applications. Furukawa Battery generates an estimated annual revenue of 500 million dollars. For more information about Furukawa Battery Co., Ltd. and its automotive battery solutions, please visit their official website.
#21 Narada Power Source Co., Ltd.
Employees: 2K
Revenue: 500M$
Website: https://www.naradapowersource.com
Description: Narada Power Source Co., Ltd. is a leading player in the Automotive Batteries industry. Headquartered in Shenzhen, China, the company was founded in 2011. With a workforce of 2,000 employees, Narada Power Source focuses on the development, manufacturing, and distribution of high-quality automotive batteries. The company has established a strong reputation for its reliable and innovative battery solutions, catering to the ever-growing demand for sustainable energy storage in the automotive sector. With an annual revenue of 500 million USD, Narada Power Source Co., Ltd. continues to expand its presence in the global market, providing efficient and eco-friendly power solutions for the automotive industry.
#20 Trojan Battery Company
Employees: 1.5K
Revenue: 750M$
Website: https://www.trojanbattery.com
Description: Trojan Battery Company, headquartered in Santa Fe Springs, United States, is a prominent player in the Automotive Batteries industry. Since its establishment in 1925, the company has been dedicated to designing and manufacturing reliable battery solutions for a wide range of automotive applications. With a workforce of 1.5K employees, Trojan Battery Company has become a leading provider of deep-cycle batteries, catering to the needs of various automotive sectors. The company's extensive product portfolio includes flooded, AGM, and gel batteries, known for their exceptional durability and performance. Trojan Battery Company has achieved a revenue of 750M$, cementing its position as a key player in the automotive battery market.
#19 Coslight Technology International Group Limited
Employees: 2K
Revenue: 1B$
Website: https://www.coslight.com/
Description: Coslight Technology International Group Limited, headquartered in Shenzhen, China, is a leading player in the Automotive Batteries industry. Established in 1994, the company has grown to employ approximately 2,000 professionals. With an annual revenue of 1 billion USD, Coslight Technology specializes in the development, manufacturing, and distribution of automotive batteries. Their cutting-edge battery technologies and innovative solutions cater to the growing demand for electric vehicles. Coslight Technology is committed to providing reliable and sustainable energy storage solutions in the automotive sector, contributing to the global transition towards cleaner and greener transportation.
#18 Exide Technologies
Employees: 4.5K
Revenue: 1.2B$
Website: https://www.exide.com
Description: Exide Technologies is a leading provider of automotive batteries in the Automotive industry. The company, founded in 1888, is headquartered in Milton, Georgia, United States. With a workforce of approximately 4.5 thousand employees, Exide Technologies manufactures and distributes a wide range of automotive batteries for various applications. They offer reliable power solutions for passenger vehicles, commercial vehicles, agricultural machinery, and industrial equipment. Exide Technologies' automotive batteries are known for their quality, durability, and performance. The company generates an estimated annual revenue of 1.2 billion US dollars through its operations in the automotive batteries sector.
#17 Leoch International Technology Limited
Employees: 10K
Revenue: 1.2B$
Website: https://www.leoch.com/
Description: Leoch International Technology Limited is a prominent player in the Automotive Batteries industry. Based in Shenzhen, China, Leoch has been operating since 1999. With a workforce of approximately 10,000 employees, the company has established itself as a key contributor to the automotive sector. Leoch specializes in the production and distribution of automotive batteries, catering to a wide range of vehicles including cars, motorcycles, and commercial vehicles. The company's commitment to innovation and quality has allowed it to thrive in the competitive market. With an annual revenue of 1.2 billion USD, Leoch continues to expand its presence and deliver reliable battery solutions to customers worldwide.
#16 Hitachi Chemical Co., Ltd.
Employees: 9.5K
Revenue: 1.5B$
Website: https://www.hitachi-chemical.com/
Description: Hitachi Chemical Co., Ltd., headquartered in Tokyo, Japan, is a leading player in the Automotive Batteries industry. With a history dating back to 1912, the company has established itself as a trusted provider of advanced battery solutions for the automotive sector. With a workforce of approximately 9.5 thousand employees, Hitachi Chemical combines extensive research and development capabilities with state-of-the-art manufacturing facilities to deliver high-quality automotive batteries that meet the evolving needs of the industry. The company has achieved a revenue of 1.5 billion dollars, solidifying its position as a key player in the market. Through its innovative battery technologies, Hitachi Chemical continues to contribute to the growth and development of the automotive industry.
#15 Amara Raja Batteries Ltd.
Employees: 20K
Revenue: 1.5B$
Website: https://www.amararaja.co.in/
Description: Amara Raja Batteries Ltd. is a leading player in the Automotive Batteries industry. With its headquarters in Chittoor, India, the company has been operating since 1985. Amara Raja Batteries has a workforce of approximately 20,000 employees. The company's annual revenue is estimated to be around 1.5 billion US dollars. Amara Raja Batteries is known for its high-quality automotive batteries and has established a strong presence in the market. The company focuses on delivering reliable and durable batteries for various automotive applications, meeting the needs of customers in the automotive industry. Amara Raja Batteries continues to innovate and expand its product offerings to cater to the evolving demands of the automotive sector.
#14 East Penn Manufacturing Co.
Employees: 10K
Revenue: 1.5B$
Website: https://www.eastpennmanufacturing.com
Description: East Penn Manufacturing Co. is a leading company in the Automotive Batteries industry, operating primarily in the North American market. Headquartered in Lyon Station, Pennsylvania, United States, the company was founded in 1946. With a workforce of approximately 10,000 employees, East Penn Manufacturing Co. has established itself as a major player in the automotive battery sector. The company generates an annual revenue of around 1.5 billion dollars. East Penn Manufacturing Co. specializes in the production and distribution of various types of automotive batteries, catering to different vehicle types and applications. Through its commitment to innovation, quality, and customer satisfaction, East Penn Manufacturing Co. continues to be a trusted name in the automotive battery industry.
#13 Exide Industries Ltd.
Employees: 18K
Revenue: 1.5B$
Website: https://www.exideindustries.com
Description: Exide Industries Ltd. is a leading player in the Automotive Batteries industry. Headquartered in Kolkata, India, the company was founded in 1947. With a workforce of approximately 18,000 employees, Exide Industries manufactures and supplies a wide range of automotive batteries for various applications, including cars, two-wheelers, commercial vehicles, and tractors. The company has a strong presence in the Indian market and has expanded its operations globally, exporting batteries to over 90 countries. Exide Industries is committed to delivering high-quality and reliable batteries, leveraging advanced technology and innovative solutions. With annual revenues of around 1.5 billion USD, Exide Industries continues to be a key player in the Automotive Batteries industry, catering to the growing demand for energy storage solutions in the automotive sector.
#12 Enersys Delaware Inc.
Employees: 10K
Revenue: 2B$
Website: https://www.enersys.com/
Description: Enersys Delaware Inc., headquartered in Reading, United States, is a leading player in the Automotive Batteries industry. Founded in 2000, the company has grown to become a major supplier of batteries for the automotive sector. With a workforce of 10,000 employees, Enersys Delaware Inc. manufactures and distributes a wide range of automotive batteries, catering to the needs of both commercial and consumer vehicles. The company's products are known for their reliability, durability, and high performance. Enersys Delaware Inc. has achieved significant revenue of 2 billion dollars, positioning itself as a key player in the automotive batteries market.
#11 Camel Group Co., Ltd.
Employees: 20K
Revenue: 2.5B$
Website: https://www.camelgroup.com
Description: Camel Group Co., Ltd. is a leading player in the Automotive Batteries industry. Headquartered in Shanghai, China, the company has been operating since 1980. With a workforce of approximately 20,000 employees, Camel Group is dedicated to manufacturing high-quality automotive batteries for various applications. The company's batteries are designed to deliver reliable power and performance in vehicles, ranging from cars and motorcycles to commercial trucks. Camel Group's strong presence in the market is reflected in its impressive revenue of 2.5 billion dollars. Through continuous innovation and technological advancements, the company strives to meet the evolving needs of the automotive industry and provide sustainable energy solutions for vehicles worldwide.
#10 EnerSys
Employees: 10K
Revenue: 3B$
Website: https://www.enersys.com
Description: EnerSys is a leading company in the Automotive Batteries industry, specializing in the design, manufacturing, and distribution of energy storage solutions for various automotive applications. Headquartered in Reading, United States, EnerSys operates primarily in North America. With a workforce of approximately 10,000 employees, the company has established itself as a key player in the industry. EnerSys offers a wide range of automotive batteries, including starting, lighting, and ignition (SLI) batteries, as well as advanced lead-acid batteries for electric vehicles. The company's focus on innovation and commitment to providing reliable and high-performance battery solutions has contributed to its success in the market. With annual revenues of around 3 billion dollars, EnerSys continues to drive advancements in automotive battery technology to meet the evolving needs of the industry.
#9 Tianneng Group
Employees: 50K
Revenue: 3.2B$
Website: https://www.tiannenggroup.cn/
Description: Tianneng Group, headquartered in Zhejiang, China, is a leading player in the automotive batteries industry. Founded in 1986, the company has grown to become a key manufacturer and supplier of batteries for various automotive applications. With a workforce of approximately 50,000 employees, Tianneng Group operates multiple production facilities and distribution centers to meet the growing demand for automotive batteries. The company's annual revenue stands at 3.2 billion US dollars, reflecting its strong market presence and success in the industry. Tianneng Group is known for its commitment to quality, innovation, and sustainability, offering reliable batteries that power vehicles and contribute to the advancement of the automotive sector.
#8 Clarios
Employees: 15K
Revenue: 3.5B$
Website: https://www.clarios.com
Description: Clarios is a prominent player in the Automotive Batteries industry, specializing in the manufacturing and distribution of automotive batteries. Based in Milwaukee, United States, Clarios operates primarily in North America. With a rich history dating back to 1887, the company has established itself as a leader in the market. Clarios employs approximately 15,000 individuals globally, who contribute to its success in providing high-quality batteries for automotive applications. The company generates an impressive annual revenue of 3.5 billion dollars, showcasing its strong market position and financial performance.
#7 GS Yuasa Corporation
Employees: 14K
Revenue: 4.5B$
Website: https://www.gs-yuasa.com/
Description: GS Yuasa Corporation, headquartered in Kyoto, Japan, is a leading player in the Automotive Batteries industry. Founded in 1917, the company has a rich history and extensive experience in the sector. With a workforce of approximately 14,000 employees, GS Yuasa Corporation is dedicated to the development, production, and distribution of high-quality automotive batteries. The company's revenue stands at an impressive 4.5 billion dollars, reflecting its strong market presence and successful operations. Committed to innovation and sustainability, GS Yuasa Corporation continues to contribute to the advancement of automotive technology and power storage solutions for a greener future.
#6 Samsung SDI Co., Ltd.
Employees: 20K
Revenue: 8.5B$
Website: https://www.samsungsdi.com
Description: Samsung SDI Co., Ltd. is a leading player in the Automotive Batteries industry. Headquartered in Yongin, South Korea, the company was founded in 1970. With a workforce of approximately 20,000 employees, Samsung SDI operates globally to provide innovative battery solutions for the automotive sector. The company's revenue stands at an impressive 8.5 billion dollars. Samsung SDI is committed to advancing battery technology and has established itself as a trusted partner for automakers, delivering high-performance lithium-ion batteries for electric vehicles. With a focus on sustainability and energy efficiency, Samsung SDI continues to drive the development of advanced automotive battery solutions.
#5 Wanxiang Group Corporation
Employees: 110K
Revenue: 10B$
Website: https://www.wanxiang.com/
Description: Wanxiang Group Corporation, headquartered in Hangzhou, China, is a leading player in the Automotive Batteries industry. The company was founded in 1969 and currently employs approximately 110,000 employees worldwide. With a revenue of 10 billion dollars, Wanxiang Group Corporation has established itself as a major player in the industry. The company is known for its expertise in manufacturing automotive batteries and is committed to providing innovative, high-quality products to meet the growing demand in the market. Wanxiang Group Corporation continues to invest in research and development to stay at the forefront of technological advancements and contribute to the sustainable development of the automotive industry.
#4 BYD Company Limited
Employees: 220K
Revenue: 19.4B$
Website: https://www.byd.com/
Description: BYD Company Limited, headquartered in Shenzhen, China, is a leading player in the Automotive Batteries industry. Established in 1995, the company has grown to become a major manufacturer of automotive batteries, serving both domestic and international markets. With a workforce of approximately 220,000 employees, BYD is known for its innovative and high-quality battery solutions that power electric vehicles. The company has experienced significant revenue growth, with an estimated revenue of 19.4 billion USD. BYD's commitment to sustainable transportation and renewable energy has made it a key player in the automotive industry, driving the adoption of electric vehicles and contributing to a greener future.
#3 LG Chem Ltd.
Employees: 25K
Revenue: 20B$
Website: https://www.lgchem.com
Description: LG Chem Ltd. is a leading company in the Automotive Batteries industry, operating from its headquarters in Seoul, South Korea. Founded in 1947, LG Chem has established itself as a major player in the automotive sector, specifically focusing on the development and production of high-quality batteries for electric vehicles. With a workforce of approximately 25,000 employees, LG Chem demonstrates its commitment to innovation and sustainable solutions. The company's revenue stands at an impressive 20 billion US dollars, showcasing its financial prowess and market influence. Through its cutting-edge technology and reliable products, LG Chem continues to be at the forefront of the automotive batteries industry, contributing to the growth of the electric vehicle market globally.
#2 Johnson Controls International Plc
Employees: 100K
Revenue: 22B$
Website: https://www.johnsoncontrols.com
Description: Johnson Controls International Plc, headquartered in Milwaukee, United States, is a leading player in the Automotive Batteries industry. With a rich history dating back to 1885, the company has established itself as a prominent name in the automotive sector. Johnson Controls operates globally and is known for its expertise in manufacturing automotive batteries. The company employs over 100,000 individuals worldwide, contributing to its success in generating a revenue of 22 billion dollars. With its commitment to innovation and quality, Johnson Controls continues to be a key player in the Automotive Batteries industry.
#1 Panasonic Corporation
Employees: 270K
Revenue: 76B$
Website: https://www.panasonic.com/
Description: Panasonic Corporation, headquartered in Osaka, Japan, is a leading player in the Automotive Batteries industry. With a history dating back to 1918, the company has established itself as a trusted provider of innovative battery solutions for the automotive sector. Panasonic offers a wide range of automotive batteries, including lithium-ion batteries, which are known for their high energy density and long lifespan. These batteries are used in electric vehicles (EVs) and hybrid vehicles, enabling efficient and sustainable transportation solutions. With a workforce of approximately 270,000 employees, Panasonic generates an impressive revenue of 76 billion dollars, making it a key player in the automotive batteries market.
Summary
The analysis of the Automotive Batteries sub-industry has revealed the top companies that lead the market. These companies have achieved significant accomplishments and established themselves as key players in the industry.
One unexpected finding from the investigation is the rapid growth of electric vehicle (EV) battery manufacturers. As the demand for EVs increases, these companies have seen a surge in their market share and revenue.
Among the premier companies in the Automotive Batteries sub-industry are Company A, Company B, and Company C. These companies have consistently demonstrated their ability to innovate and provide high-quality batteries for various automotive applications.
One common element driving the success of these leading firms is their focus on research and development. They invest heavily in developing advanced battery technologies that offer longer range, faster charging, and improved durability.
What sets these eminent companies apart from their industry rivals is their commitment to sustainability. They prioritize the use of eco-friendly materials and strive to reduce the environmental impact of their battery manufacturing processes.