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These are the 10 battery makers with the largest market share in 2022.

Jake Hertz

November 15, 2022

10 Slides

While many companies are working on developing innovative and exciting battery technologies, the list of companies that actually make and sell large quantities of batteries is much shorter. According to a recent report from SNE Research, the top two battery manufacturers own roughly 50% of all market share, while the top ten own 91% of the market.

“From January to September in 2022, the amount of energy held by batteries for electric vehicles registered worldwide was 341.3GWh, a 75.2% year over year increase,” SNE Research reported:

“The global EV battery usage in September 2022 was 54.7GWh, more than 1.6 times greater than the same month of previous year. […] The EV battery market has maintained the bullish trend for the past 27 months despite weakened consumer confidence during the COVID-19 pandemic and difficulties in raw material supply and demand.”

In this article, we’ll take a look at the top 10 largest battery manufacturers in the world by market share. Read on to find out which companies top the charts in 2022.

About the Author(s)

Jake Hertz

Jake Hertz is an Electrical Engineer, Technical Writer, and Public Relations Specialist. After he received his M.S. and B.S. in Electrical and Computer Engineering from the University of Rochester, he spent three years working as an Electrical Engineer at MakerBot Industries. 

As a writer, Jake is well known for his frequent contributions to various engineering websites, where he has garnered readership in the tens of thousands. Through his business, NanoHertz Solutions, Jake works with cutting-edge companies in the hardware and semiconductor space to build industry buzz and awareness through Public Relations and Technical Writing services.

As an engineer, Jake now works with numerous startups to help develop their hardware products. He is also a Co-Founder of Origin Labs, a NYC-based design firm for tech startups in the hardware space.

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