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Top EV Battery Manufacturers (Sales Report)

With the ongoing growth of the electric vehicle market, EV battery manufacturers are of course continuing to see their sales numbers climb as well — as attested to by the most recent figures on the market. But who are the top EV battery manufacturers?

Perhaps the most interesting thing to note amongst the new figures is that the field seems to be evening out some — with some of the smaller players gaining market-share while the larger players are beginning to (seemingly) lose their dominance.

On that note, the overall year-through-September numbers are already higher than the totals for the whole of last year, so perhaps there’s no animosity there? After all, the real competition isn’t the other EV battery manufacturers — it’s the hugely dominant gas-powered vehicles manufacturers.

Here are some of the key points to take note of, paraphrased from EV-Sales.blogspot:

  • The market leader Panasonic is still seeing its sales grow (alongside Tesla’s growth), but what will 2015 bring? Will the launch of the Model X cause a large sales pop? Will Panasonic’s battery production capacity be significantly higher than in 2014 (it’s supposed to be).
  • The AESC joint venture between NEC and Renault-Nissan is continuing to see its market-share collapse — 36% in 2012, 28% in 2013, and 23% as of right now. That’s a real tumble, and relatively fast. That share should continue falling into the foreseeable future as Renault-Nissan’s partnership with LG moves along.
  • Worth noting, though, is that LG is also on something of a drop lately — primarily because Chevy Volt sales have flatlined. It’s not entirely clear if that drop is due to reduced demand or reduced supply, but the upcoming release of the 2015 Chevy Volt should see LG regain some market share.
  • Lithium Energy Japan (GS Yuasa / Mitsubishi), has seen a pop (up to a 7% market share) owing to the success of the Outlander PHEV.
  • BYD has, unsurprisingly, continued its impressive growth boom — with sales of the Qin doubling its market-share, up to 6%.
  • Samsung has seen a surge in market share as well — partly owing to its partnership with BMW. It now has a market share of 4%.
  • Air Lithium — the supplier for Kandi — now has a 3% market-share.


 

Here are the numbers (in MWh) in a couple of formats:

Battery Manufacturer 2014 Through September 2013 (Full Year) Market % 2014 Market % 2013
Panasonic 1731 1700 36.4% 39.5%
AESC 1149 1289 24.1% 30.0%
LG Chem 739 812 15.5% 18.9%
Mitsubishi/GS Yuasa 335 293 7.0% 6.8%
BYD 274 117 5.8% 2.7%
Samsung 215 NA 4.5% 0.0%
Air Lithium (Lyoyang) 143 NA 3.0% 0.0%
ACCUmotive 71 NA 1.5% 0.0%
Tianneng 55 NA 1.2% 0.0%
Siemens 50 91 1.0% 2.1%
TOTAL 4762 4302 100.0% 100.0%
 
Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy. You can follow his work on Google+.

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