The United States of America is the third largest manufacturer of the lithium-ion batteries in the world. It occupies this coveted position after China and Poland.
Being the world leader in the manufacturing of lithium-ion batteries, the People’s Republic of China manufactures around 77% of the lithium-ion batteries manufactured in the world. Ranked second is Poland, which manufactures slightly above 6% of the total lithium-ion batteries manufactured in the world. The third rank is occupied by the United States of America, which manufactures around 6% of the total lithium-ion batteries in the world. Hence, Poland is only marginally ahead of the United States of America.
It was only in 2022 that Poland surged ahead of the United States of America to occupy the coveted position of being the second largest manufacturer of lithium-ion batteries in the world.
As far as the domestic market of lithium-ion batteries in the USA is concerned, there exists a huge demand for lithium-ion batteries. It is expected to increase further owing to the increase in the aggregate demand.
It will be so because of the rise in its demand from a multitude of sectors. For instance, rise in the use of electric vehicles, applications in the renewable energy integration projects, boom in the application of consumer electronics, energy storage projects, etc.
In 2023, the lithium-ion battery’s market size in the USA was worth US$ 13.7 billion. By 2032, its market size is expected to be worth US$ 71.6 billion. During the period from 2023 to 2032, it will experience a Compound Annual Growth Rate of 20.1%.
- Tesla, Inc.
It is an American multi-national company. It manufacturers batteries for cars and home power storage, solar panels, and electric automobiles.
It was incorporated in July, 2003, as Tesla Motors. It was named so after a Serbian-American inventor, Nikola Tesla.
Its head-office is in Austin, Texas.
It invests hugely in developing new lithium-ion technologies. For instance, in 2016, it had set-up a five-year research and development collaboration with Dalhousie University.
It has also acquired many battery manufacturing companies in the past. For instance, Maxwell Technologies, Hibar Systems, and Springpower International.
Its lithium-ion batteries are known for using majorly two types of cathodes. First, nickel-cobalt-aluminium (NCA) cathodes. And second, lithium-iron-phosphate (LFP) cathodes.
Its lithium-ion batteries are known world-over for their high quality and durability.
For the purpose of production of lithium-ion batteries, it has established its Gigafactory across the world. They are situated in Austin, New York, Nevada, Fremont, Shanghai, and Berlin-Brandenburg. Besides these, it is also establishing a new Gigafactory at Neuvo Leon, Mexico.
- Panasonic Holdings Corporation
It is a Japanese multinational electronics company. It was established in 1918.
Back then, it was called Matsushita Electric Housewares Manufacturing Works. It was established at Fukushima, Osaka. It was renamed as Matsushita Electric Industrial Co., Ltd. in 1935. Similarly, it was renamed as Panasonic Corporation in 2008. In 2022, it became a holding company and was renamed as Panasonic Holdings Corporation.
Its head-office is at Kadoma, Osaka, Japan.
The lithium-ion batteries are manufactured by its constituent company, Panasonic Energy Co., Ltd. It was incorporated in April, 2022. It is also based out of Osaka, Japan.
It manufactures a wide range of lithium-ion batteries. Its cylindrical lithium-ion batteries are used in automotive. Besides, they are used as primary batteries and in storage battery modules.
- Microvast Holdings, Inc.
It is a battery manufacturing and battery-developing company in the world. It is based out of Stafford, Texas. Besides, it has established its R&D centre in Florida.
It accomplishes all processes involved in the development of lithium-ion batteries, starting from the design, development and the large-scale manufacturing of lithium-ion batteries and its various components.
It has established its manufacturing plants in three countries- the United States of America, China, and Germany.
Its lithium-ion batteries are used in electric vehicles and the utility-scale energy storage systems (ESS).
The special feature of this company is that it manufactures lithium-ion batteries that are customised to the needs of every customer. It customises the manufacturing of lithium-ion batteries after taking into consideration factors such as superior safety, energy density, ultra-fast charging capabilities, and long lifespans. This allows it to produce highly efficient and durable lithium-ion batteries.
Besides, it operates the world’s first ultra-fast charging station. Its lithium-ion batteries are heavily used in this charging station.
- Wanxiang A123 Systems Corporation
It is a constituent company of the famous Wanxiang Group.
It commenced its operations in 2013. Earlier it operated under the name A123 Systems Corporation, which was operational from 2001 to 2013.
It operates across four countries of the world- the United States of America, Germany, Czech Republic, and the People’s Republic of China.
It owns world-wide patents for super-nano lithium iron phosphate and original seven-series ternary material technology. It owns around 715 patents for battery technology, and more than 546 original invention patents.
It has established a world-renowned research and development system.
It supplies lithium-ion batteries to all the famous automotive companies, spanning from Volkswagen, Renault, General Motors, BMW, Audi, Daimler Benz, Volvo, Porsche, Jaguar Land Rover, and other top overseas OEMs such as Vertiv, Sonnen, etc. Besides, many famous energy storage users, both industrial and household, are its customers.
- EnerSys
It is among the leading lithium-ion battery manufacturers in the world. It supplies lithium-ion batteries to customers in more than 100 countries of the world.
Its manufacturing process is certified as per the ISO 9000, ISO 9001-2015, ISO 14001-2015, ISO 13485-2016, AS9100D, and IATF 16949.
It is headquartered in Reading, Pennsylvania, United States of America. Besides, it has two regional headquarters. One in Zug, Switzerland. And the other in Singapore.
It manufacturers the famous NexSys® iON series of lithium-ion batteries. They are produced using Nickel-Manganese-Cobalt (NMC) chemistry.
The speciality of these batteries is that they are ideal for applications in heavy-duty operations. Besides, they recharge at a very fast pace, are very durable and have low-upkeep. These qualities lower down the operational costs and make the entire production process very economical.
Owing to all these qualities, its lithium-ion batteries are used in appliances that find applications in grids, telecommunications, medical safety, and climate change. Besides, it is a major producer of lithium-ion batteries for energy storage solutions.
- Arcadium Lithium
It was established in January, 2024, after the merger of two companies- Livent and Allkem Limited.
The merged company, Arcadium Lithium, has a global footprint. It provides end-to-end services for the manufacturing of lithium-ion batteries.
It is both a miner and processor of lithium. It has vertically integrated the lithium-ion production process, starting from the source to providing product solution. It is capable of applying the latest lithium extraction processes, such as hard-rock mining, conventional brine extraction, and direct lithium extraction.
It has established state-of-the-art research and development facilities, which is used for improving energy storage.
The special feature of its lithium-ion batteries is that they recharge at a very fast pace.
- Duracell, Inc.
It is a wholly-owned subsidiary of Berkshire Hathaway since 2016.
It manufacturers lithium-ion batteries in a range of sizes. A few such models are known as CR2, 123, 245, and 1/3N. Besides, it manufacturers lithium coin button batteries in a range of products- 2016, 2025, 2032, and lithium-ion button batteries such as LR44, 364, 362/361, 371/370, 377. Also, it manufacturers special lithium-ion batteries such as MN21, CR2, 123, 223, 245, 1/3N, AAAA.
It manufacturers ultra-light lithium ion batteries in three ranges- 28L, 223, and 245.
One of its premium and most famous products is the Duracell High Power Lithium 123 batteries. Its special feature is that they are made up of high-purity lithium. They have long guarantee and lasting power for a range of devices. For instance, sensors, smoke detectors, photo flash, keyless locks, flashlights, electronic dog collars, and bike accessories.
- LG Energy Solution, Ltd.
It is a lithium-ion battery manufacturing company headquartered in Seoul, South Korea.
It was founded in December, 2020, when LG Chem Energy Solution Business Division, which had started its operations in 1992 shut down its operations in 2020, and transformed into a new company- LG Energy Solution, Ltd.
Its specialisation is the production of lithium-ion batteries for electric vehicles.
- Samsung SDI America, Inc.
It is an American subsidiary company of Samsung SDI Co., Ltd. The global headquarters of Samsung SDI Co., Ltd., is based out of Yongin, South Korea. Whereas the headquarters of Samsung SDI America, Inc. is situated at Auburn Hills, Michigan, USA.
It manufactures a brand of batteries called PRIMX, also referred as the Prime Battery for Maximum Experience. It is known worldwide for its quality, outstanding performance, and numerous competitive operational advantages. They find their applications in electric vehicles, energy storage system, micro mobility, power devices, and IT devices.
- East Penn Manufacturing Company
It started its operations in 1946 when DeLight Breidegam Jr., a young Air Force veteran, and his father, DeLight Sr., started a business to manufacture batteries. Their business was located at Bowers, Pennsylvania, USA.
It manufactures the famous deka ready power lithium-ion battery. This battery delivers high intensity performance and is almost maintenance-free.
