Navigant Research Ranks LG Chem, JCI and AESC as Leading Lithium-Ion Battery Manufacturers in the World


In its latest Leaderboard report, Navigant Research ranked the world’s major lithium-ion automotive battery manufacturers.

LG Chem Leads the Pack

LG Chem Leads the Pack

Not surprisingly, LG Chem led the pack.

Trailing by just a bit were JCI and AESC.

LG Chem, JCI and AESC were the only “Leaders” listed by Navigant, as most manufacturers fell in the “Contenders” area.

Quoting Navigant’s Leaderboard report:

Some companies have built out their manufacturing capacity, yet have failed to garner large automotive contracts. Others have been more patient in constructing factories but are ready to make major strategic moves in that direction. Manufacturers that are able to reduce costs significantly while ensuring that safety and reliability standards are met will successfully tap into the world’s growing need for electric drivetrains. Most market players are jockeying for position in that future reality while trying to remain solvent today.”

A123 Systems ranked the lowest overall and almost fell into the “Followers” category.

Navigant says the lithium-ion battery industry will produce 49 GWh of battery capacity for vehicles in 2020.  That figure is more than tenfold increase over projected production numbers for 2013.

How did Navigant determine where the various battery manufacturers would be placed in its report? Here’s Navigant describing the criteria for placement:

“The Leaderboard Report examines the strategy and execution of 11 Li-ion battery vendors that are active in the electrified vehicle market and rates them on 13 criteria in two categories (strategy and execution), including: go-to-market strategy; systems integration; production strategy; safety engineering; chemistry performance; geographic reach; sales, marketing, and distribution; manufacturing and product performance; product portfolio; global alliances; chemistry safety profile; pricing; and corporate financial health.”

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6 Comments on "Navigant Research Ranks LG Chem, JCI and AESC as Leading Lithium-Ion Battery Manufacturers in the World"

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I thought LG Chem and Panasonic would be the two biggest leaders. I think A123 has a good product in principle and hopefully they’ll get their financial issues and quality issues sorted out. I’m guessing the Chevy Spark wouldn’t have used the A123 batteries if they weren’t up to the task.

I agree, I’m genuinely surprised to not see Panasonic in the leaders section. Now I wish I could read the report and find out why!

I was wondering the same. The data used might be from 2012. I am sure 2013 looks much better than 2012 for Panasonic.

Do we know for sure that A123 is in the Spark?

Yes, 100% for sure.

GM and Wanxiang (primarily a part maker and A123’s new owner) are long time trading partners. GM was probably thrilled they took over A123…it was best case for them.