World’s Top 10 Battery Makers Ranked By MWh Produced In 2014

MAR 29 2015 BY MARK KANE 13

Battery Makers - Full Year 2014 (Source: EV Sales Blog)

Battery Makers – Full Year 2014 (Source: EV Sales Blog)

According to EV Sales Blog, there’s huge progress in lithium-ion battery production for electric cars – production growth of approximately 54% year-over-year to more than 7,000 MWh in 2014.  The numbers comes from car sales data and assumptions of kWh used by different plug-in models.

Panasonic remains the clear leader (38% market share) thanks to 35,000 Tesla Model S EVs sold with the largest battery packs in the industry.  Panasonic gets a slight boost too from growing deliveries to other manufacturers like Volkswagen.

Growth of Panasonic is rapid – 60%, but Chinese company BYD is moving at an even quicker clip – 290% up! BYD, with its electric buses and cars, is still far behind the leaders (461 MWh versus 2,726 MWh for Panasonic).

In the top three we see AESC (Nissan and NEC JV), which grew by almost 26% to 1,620 MWh and LG Chem, which had a hard year – up just 9% to 886 MWh.

Lithium Energy Japan (Mitsubishi and GS Yuasa JV) produced some 451 MWh (up by 54%).

BMW supplier Samsung seems to be at #6 with 314 MWh.

Year 2015 probably will launch lithium-ion battery production for plug-in cars beyond 10,000 MWh or 10 GWh.

Source: EV Sales Blog

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13 Comments on "World’s Top 10 Battery Makers Ranked By MWh Produced In 2014"

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Buffet’s BYD investment is finally going to pay off?

BYD should now push as hard as possible electric bus production, because there the parity with Diesel buses has already reached. Now only hurdles in the way of electric bus are the immature infrastructure and the lack of knowledge of politicians.

When it comes to investigative journalism, reporters are advised to “Follow the money”.

When it comes to determining which EV makers are actually planning to build long-range EVs in large numbers, follow the kWh of battery production.

So far, Panasonic is the one company that has actually walked the walk in providing large number of kWh of batteries to its partner, Tesla.

The other battery makers? LG Chem, BYD and the others? Well, they’re talking the talk. Now let’s see if they walk the walk, over the next 2-5 years. We’ll know if GM and other EV makers are serious about building long-range EVs in large numbers by how much their battery suppliers ramp up production.

More likely they are not serious, if you define “serious” as making cars in numbers to rival even just one best-selling model of gas guzzler. The top models sell around 450,000 per year, worldwide. The best-selling plug-in EV, the Leaf, sells only about 60,000. So far, Tesla is the only EV maker talking seriously about making ~500,000 EVs per year, and even Tesla is not planning to do so before 2020.

But it is a chicken & egg problem. You can’t sell 500,000 EVs with significantly getting battery costs down. And you can’t get battery costs down without selling 500,000 EV battery packs.

Tesla is the one company making the hugely bold (and risky) move of “Build it and they will come.” If they really can push down battery costs by 30%, they really might succeed.

I’m sure eager to be able to buy a reasonably priced 200+mile EV that has access to the supercharger network (even if I have to pay to use the superchargers.)

It is interesting how Tesla basically made Panasonic into the biggest battery manufacturer on the planet. And now Tesla is pushing Panasonic to go even bigger but they are dragging their feet. They are hesitant to invest big with Tesla in the Gigafactory. I guess there is a lot of risk involved. But I wonder if the Japanese Keiretsu is pushing Panasonic to not go so big into batteries because Team Japan (lead by Toyota and Honda) are pushing hard for hydrogen fuel cell cars? Or perhaps they just don’t believe the Gigafactory can successfully push down costs so low. I sure wish I had the inside info on the gigafactory. -Can they get big discounts with supply agreements direct with mining companies? -Will they be mining Lithium locally in Nevada? (At a good price?) -Will Nevada have lower labor costs than Japan and thus get some savings there? (I assume so.) -Will the slightly larger cylindrical battery format they discussed be the most cost effective form factor? -Do the have a new battery chemistry that lowers cost or improves energy density (or some other metric)? I think the Gigafactory is going to be the most important thing for Tesla.… Read more »

Just to clearify. These numbers are just for electric cars.
Not for buses, not for the total battery production of the companies or anything else like that.

Just the batteries used for PHEV and BEV cars.

Yes I see your point. The article says “Electric Cars” but when it came to discussing BYD the articles says Cars and Busses. A little confusion.

I remember reading about vast overcapacities of battery making plants and not enough demand as little as a year ago…?

Yes I remember that also. I seem to remember the over capacity issue was with Nissan and their Leaf battery manufacturing plants.

Lots of car mfgs are turning to LG Chem now. I expect their #’s to increase 2015/2016.

Looks to me like even with the higher battery sizes that Tesla/Panasonic uses… Nissan/AESC is right on their heels and if LEAF sales continue to grow could be even with them. LG will certainly continue to be a major player with their massive investments in laptop/cell phone Li-Ion packs that are structurally similar to the packs Nissan/AESC makes.

I think it would be fascinating to see how many LEAF flat packs would fit into a TESLA floor pan pack and conversely how many kWh capacity could Tesla/Panasonic cells and coolant) fit into the LEAF pack space. Aftermarkets anyone?

The biggest surprise for me at least is BYD.
290% up y-o-y!?
This could explain how they justify building the capacity that would be close to the gigafactory, in the same timeframe.

I think what matters in the next 5 years is ‘where is your gigafactory’, because that what it takes to scale. So far I know of exactly two serious companies in the EV space, in that regard: BYD, and Tesla.

This is just for automotive batteries; once you add in bus batteries, since BYD is a high-scale e-bus maker, BYD ends up in third. 2,000 buses with 324 kWh of batteries? Go home, LG.