EV Battery Stocks List

CATL, formally Contemporary Amperex Technology Co., Limited, is a Chinese battery manufacturer supplying lithium-ion cells, battery packs and battery-management systems for electric vehicles and stationary energy storage. Its commercial portfolio spans lithium iron phosphate and nickel-based traction batteries, including the Shenxing fast-charging platform, alongside the TENER storage system and battery-recycling activities. CATL also introduced its Naxtra sodium-ion platform in 2025, but wider deployment remains part of the product ramp rather than established output across the group.

The company reported 661 GWh of lithium-battery sales in 2025 and 772 GWh of year-end production capacity. Those figures cover both vehicle and storage batteries and should not be treated as EV-only volume. CATL manufactures principally in China and operates European production in Germany and Hungary. Its Zaragoza plant in Spain is a joint venture with Stellantis that entered construction in November 2025 and was targeting production from the end of 2026; that planned capacity is separate from factories already operating.

BYD Company is a diversified Chinese manufacturing group spanning battery-electric and plug-in hybrid vehicles, rechargeable batteries, electronic components and rail-transit systems. The company began as a battery maker in 1995 and now combines cell production with one of the world’s largest electrified-vehicle businesses, so vehicle demand, pricing and manufacturing economics are major drivers alongside battery sales.

BYD’s battery operations sit within FinDreams Battery, which produces lithium iron phosphate cells and packs. Its Blade Battery uses a cell-to-pack design and is deployed throughout BYD’s own vehicle range, while selected external programs include the BYD-Toyota vehicle joint venture and supply relationships such as BorgWarner. The group also manufactures stationary energy-storage systems, including its Haohan utility-scale platform. BYD therefore provides integrated vehicle, cell and storage exposure rather than a standalone battery-supplier investment.

Panasonic Holdings is a diversified Japanese industrial group whose battery exposure is held through operating subsidiary Panasonic Energy. Panasonic Energy manufactures cylindrical lithium-ion cells for electric vehicles and has a long-standing supply relationship with Tesla. It also sells batteries for industrial applications and battery-backup units for data centers, making the Energy segment broader than automotive cells alone.

North American EV-cell production is centered on Gigafactory Nevada and the De Soto plant in Kansas. The Kansas factory began mass production of 2170 cells in July 2025 and was ramping toward approximately 32 GWh of annual capacity; the target should not be read as current output. Panasonic Holdings also owns consumer, housing, industrial and supply-chain software businesses, so the listed shares provide battery exposure within a much larger corporate portfolio.

LG Energy Solution is a South Korean battery manufacturer controlled by LG Chem. It produces pouch and cylindrical lithium-ion cells for electric vehicles, together with batteries for stationary energy storage, consumer devices and emerging applications. Its manufacturing network spans South Korea, China, Poland and North America through wholly owned plants and customer joint ventures, giving the company substantial exposure to regional vehicle-production and policy cycles.

Commercial output currently centers on pouch and cylindrical formats. LG Energy Solution is expanding larger 46-series cylindrical cells and plans additional chemistries and formats, including LFP, high-voltage mid-nickel, LMR and prismatic products. Those programs, new factories and capacity objectives remain development or ramp-up plans until qualified and placed into mass production. US manufacturing incentives support reported earnings, but they are policy-linked credits rather than revenue from battery customers.

Samsung SDI is a South Korean manufacturer of rechargeable batteries and electronic materials. Its battery business focuses on prismatic and cylindrical lithium-ion cells for electric vehicles, stationary storage and smaller devices. Automotive customers and programs include BMW, Audi, Rivian and Stellantis, while the Electronic Materials division supplies products used in semiconductor and display manufacturing. The listed company therefore has substantial battery exposure but is not a cell-only business.

Samsung SDI is expanding North American capacity through the StarPlus Energy joint venture with Stellantis in Kokomo, Indiana, which has entered production, and a separate plant with General Motors in New Carlisle that was targeting mass production in 2027. It is also developing all-solid-state batteries with a 2027 mass-production objective. That date remains a management target: development samples, customer evaluation and pilot activity are not commercial output.

SK Innovation is a diversified South Korean energy and chemicals group. Its electric-vehicle batteries are manufactured by unlisted subsidiary SK On, which produces pouch cells and supplies vehicle makers including Hyundai and Volkswagen. A 99.4 GWh Nissan supply agreement announced in 2025 remains dependent on the automaker’s vehicle programs and should not be treated as delivered volume.

SK On operates battery plants in South Korea, Hungary and the United States. In May 2026 it completed a restructuring of the BlueOvalSK venture with Ford: SK On took sole ownership of the Tennessee plant at BlueOval City, while Ford retained the Kentucky plants. SK On was also preparing its first LFP line for stationary storage, with production targeted for the second half of 2026. The listed parent additionally owns refining, chemicals, lubricants and energy businesses, so investors receive material but non-pure-play battery exposure.

EVE Energy is a Chinese battery manufacturer with operations spanning primary lithium batteries, consumer lithium-ion cells, electric-vehicle batteries and stationary energy storage. Its vehicle portfolio includes prismatic LFP and NCM cells, pouch cells and large-cylindrical formats. Named programs include 46-series cylindrical supply for BMW’s Neue Klasse platform and batteries for commercial-vehicle customers such as Daimler Truck, placing EVE across passenger and heavy-vehicle markets.

The company also supplies storage batteries and retains sizeable primary and consumer-cell businesses, so its earnings are broader than EV production alone. Manufacturing is concentrated in China, while the Malaysia plant is its first overseas battery-production base and supports regional consumer, mobility and storage customers.

Sumitomo Metal Mining is a diversified Japanese group operating across mineral resources, non-ferrous smelting and refining, and advanced materials. Its EV-battery exposure comes from high-nickel cathode active materials, including NCA and NMC products, supported by an integrated nickel and cobalt supply chain. The group processes laterite ore in the Philippines, refines intermediate products in Japan and converts refined inputs into cathode material.

The Taganito HPAL operation in the Philippines is 75%-owned and produces mixed nickel-cobalt sulfide from laterite ore, so plant output is not wholly attributable to Sumitomo Metal Mining. Cathode capacity in Japan was expanded during 2025, while larger 2027 and 2030 figures remain planning targets and may involve a transition between product chemistries. Copper, nickel and gold mining, smelting and other materials businesses remain major earnings drivers, making this a diversified metals exposure rather than a battery-materials pure play.

POSCO Future M is a South Korean materials producer supplying both cathode active materials and graphite anode materials for lithium-ion batteries. Its cathode portfolio includes NCM and NCA products, while its anode business covers natural and artificial graphite. This position on both sides of the cell gives the company broader battery-materials exposure than producers focused on a single electrode material.

Production is centered in South Korea, with overseas cathode expansion pursued through customer partnerships. In Canada, POSCO Future M and General Motors are developing the Ultium CAM joint venture in Bécancour, Québec; joint-venture capacity and investment should be distinguished from wholly owned Korean operations. Long-term supply agreements with LG Energy Solution, Samsung SDI and Ultium Cells support future demand, but announced contract values vary with volumes and raw-material prices and are not fixed cash backlog. POSCO Future M also retains refractories and lime businesses outside battery materials.

Guangzhou Tinci Materials is a Chinese specialty chemicals group whose largest business is lithium-ion battery electrolyte, the liquid that carries lithium ions between a cell’s anode and cathode. Its principal advantage is vertical integration. Tinci manufactures lithium hexafluorophosphate (LiPF6), the salt that accounts for much of electrolyte input cost, at its Jiujiang base in Jiangxi instead of relying entirely on third-party supply. This can widen its advantage over non-integrated formulators when salt prices rise and compress it when they fall. The company also makes electrolyte additives and has expanded into lithium iron phosphate cathode material.

Electrolyte is generally more price-sensitive and less capital-intensive than separator film or cathode material. Formulations are customer-specific and take time to qualify, but sustained Chinese capacity additions through the early 2020s left the market well supplied. Tinci is therefore particularly sensitive to cell-production volumes and the LiPF6 price cycle. A legacy personal-care chemicals division remains, although battery materials now provide the main earnings exposure.

Shenzhen Capchem Technology makes lithium-ion battery electrolytes and additives. It is more diversified than the other large Chinese electrolyte supplier on this list, Tinci. Capchem also produces capacitor chemicals, semiconductor process chemicals and organic fluorine compounds, reducing its dependence on any single battery-material cycle.

Electrolyte profitability is influenced by control of lithium salt and additive inputs, which account for much of the finished product’s cost. Capchem combines additive-formulation expertise, backward integration and manufacturing scale, while its plants require less capital than separator or cathode facilities. The non-battery chemical businesses provide some protection during electrolyte downturns, although they also reduce the benefit to group earnings when the electrolyte market recovers.

EcoPro BM is a South Korean producer of cathode active materials for lithium-ion batteries, specializing in high-nickel NCA and NCM products used in electric-vehicle cells. Samsung SDI is its largest customer and participates with the wider EcoPro group through the EcoPro EM joint venture. A supply agreement announced in December 2023 covers high-nickel material from 2024 through 2028, but its estimated value changes with future volumes and raw-material prices rather than representing a fixed cash backlog.

The company’s established manufacturing base is in South Korea. EcoPro BM expanded into Europe through its Debrecen, Hungary plant, which entered commercial production in the first half of 2026 with initial capacity stated at 54,000 tonnes a year. Potential expansion toward 108,000 tonnes and a planned Canadian facility remain separate future investments. EcoPro BM was spun out of EcoPro in 2016 and remains part of the broader group.

Gotion High-Tech is a Chinese battery manufacturer producing lithium-ion cells, packs and battery systems for electric vehicles and stationary energy storage. Its product mix is weighted toward lithium iron phosphate, and storage has grown into a substantial second end market alongside vehicle batteries. The company was founded in Hefei in 2006.

Volkswagen Group China is Gotion’s largest shareholder, holding 24.45% at the end of 2025. Volkswagen intends to use its unified prismatic cell design in up to about 80% of group electric models by 2030. That is a target for adoption of the cell format; it is not a commitment to source those cells from Gotion, which is one of several qualified suppliers of the standard cell. Gotion began mass-producing it at Hefei in November 2025 under a contract running to 2032.

Other vehicle customers include Chery, SAIC-Wuling, JAC, Chang’an and Leapmotor, while Huawei is a significant energy-storage customer. Gotion’s site at Göttingen in Germany has assembled battery packs since September 2023 and added mass production of a 5 MWh storage unit in 2025, giving the company European manufacturing alongside its Chinese base.

Shenzhen Kedali Industry makes the precision structural components that hold lithium-ion cells together: prismatic aluminum and steel casings, top caps, safety vents and rupture discs. Its results depend on manufacturing precision, production volume and customer-specific tooling rather than battery chemistry or raw-material prices.

Kedali competes on stamping and deep-drawing tolerances, weld quality and cost per unit at high volume. Revenue is concentrated among a small number of large customers, led by CATL. Tooling and component designs are specific to each cell format and customer, so changes in format preference can affect demand. Kedali supplies parts for both prismatic and cylindrical programs, spreading that exposure across the two formats.

The company has followed its customers overseas, operating component plants in Sweden, Germany and Hungary and announcing a US plant in Indiana in May 2024. These facilities are normally located close to cell plants because structural parts are bulky and relatively expensive to ship.

Yunnan Energy New Material, known internationally as Semcorp, manufactures wet-process separator film for lithium-ion batteries. The porous membrane keeps a cell’s anode and cathode apart while allowing lithium ions to pass between them. Production requires precision film extrusion, stretching and coating, followed by customer-specific qualification, making factory utilization and qualification cycles important commercial variables.

Semcorp entered battery separators through its Shanghai Enjie subsidiary after developing film-manufacturing expertise in packaging materials. Its main operating base is in China, and it has pursued overseas production in Hungary and the United States to serve international cell makers. The Debrecen, Hungary plant faced regulatory suspensions in 2025 and 2026 involving emissions, groundwater and permit compliance. On July 3, 2026 the Hajdú-Bihar county government office prohibited all activity at the site with immediate effect. Semcorp published an open letter on August 26, 2026 disputing the groundwater findings, which is not a restart approval; no restart decision had been published as of September 9, 2026, so the Hungarian plant is a regulatory interruption rather than operating capacity.

Hunan Yuneng New Energy Battery Material is a Chinese producer of lithium iron phosphate cathode active material for electric-vehicle and stationary-storage batteries. LFP cathode powder sits between refined chemical inputs and the cell-manufacturing stage. It contains neither nickel nor cobalt and is used where cost, cycle life and thermal stability are prioritized over the higher energy density available from some nickel-based chemistries.

The company’s exposure is concentrated in LFP and in a small group of large Chinese cell customers. CATL and BYD together accounted for just over 80% of FY2022 revenue, the customer concentration disclosed at Hunan Yuneng’s February 2023 ChiNext listing; its H1 2026 interim report names CATL, BYD, EVE Energy, Hithium, AESC, REPT Battero and Gotion High-Tech among its customers, and both CATL and BYD remain top-ten shareholders. The company sold 667,200 tonnes of phosphate cathode material in H1 2026, up 38.8% year on year, and began construction of its Spanish plant in the period; that project is expansion, not operating capacity. Development work includes lithium manganese iron phosphate, or LMFP, intended to raise voltage and energy density while retaining a nickel- and cobalt-free material profile.

Umicore is a diversified Belgian materials group with operations in catalysis, precious-metals recycling, specialty materials and battery materials. Its Battery Materials Solutions division develops and manufactures cathode active materials and precursors for lithium-ion batteries, refines cobalt and nickel chemicals and includes battery-recycling activities. Production and development sites span South Korea, China and Europe.

The company is also a partner in IONWAY, a cathode-materials joint venture with Volkswagen’s PowerCo. Umicore made staged equity contributions to the venture during 2025 and 2026, but IONWAY capacity remains joint-venture rather than wholly attributable group capacity. Following weaker-than-expected EV demand and delayed customer volumes, Umicore placed Battery Cathode Materials under a value-recovery plan and limited further capital spending. Catalysis, precious-metals refining and other foundation businesses generate most group earnings, making battery exposure material but diversified.

CNGR Advanced Material is one of the largest producers of cathode precursor material (pCAM), the nickel-cobalt-manganese intermediate that cathode makers convert into finished active material. Precursor sits between refined metal and cathode, and its composition strongly influences the chemistry of the finished cell, which makes this the point in the chain where nickel and cobalt supply security converts into cathode competitiveness.

CNGR’s strategy has leaned toward integrating backwards into that raw-material supply, principally through nickel processing capacity in Indonesia, where it has been investing since 2021 in nickel matte and intermediate production at the Morowali industrial park, converting laterite ore into battery-grade feedstock. It has also pursued capacity outside China to serve cathode and cell plants in Europe and North America, though non-Chinese geography does not by itself satisfy US prohibited-foreign-entity ownership and control tests, so credit eligibility has to be assessed separately. Because precursor is priced off nickel and cobalt, earnings carry direct base-metals exposure stacked on top of cell-demand exposure, which makes this a more cyclical holding than its position in the chain alone would suggest.

Sunwoda Electronic is a diversified Chinese battery manufacturer. Its original and still-material consumer-battery business supplies cells and packs for phones, laptops, wearable devices and other electronics, with customers including Apple, Huawei and Xiaomi. The group’s power-battery operations manufacture cells for electric vehicles, while Sunwoda Energy develops stationary-storage products and systems.

The EV business supplies a range of Chinese and international vehicle manufacturers, including programs associated with Renault, Geely, Dongfeng, Nio, Volvo and Volkswagen. Consumer batteries accounted for about 54% of FY2024 revenue and EV batteries about 27%, with the balance including storage and other activities; those dated shares should not be assumed to remain constant. Sunwoda therefore provides meaningful EV-cell exposure, but the listed company is diversified across consumer electronics and energy storage rather than an EV-battery pure play.

GEM Co operates at both ends of the battery-materials loop. It is one of China’s largest recyclers of spent lithium-ion batteries and electronic waste, an activity the company calls urban mining. GEM refines recovered nickel, cobalt and lithium into cathode precursor material that can return to cell production, putting it in competition with dedicated precursor manufacturers.

Recycling margins depend on the value of recovered metals relative to collection and processing costs. They generally improve when nickel, cobalt and lithium prices rise and narrow when prices fall. End-of-life battery volumes also lag EV sales by many years, so production scrap from cell plants remains an important source of near-term feedstock.

GEM supplements recycled material with primary nickel processing in Indonesia through the QMB New Energy Materials joint venture at the Morowali industrial park. This gives the company access to additional nickel feedstock, but means its results do not depend solely on recycling.

QuantumScape is a pre-revenue developer of solid-state lithium-metal battery technology. Its QSE-5 cell uses a proprietary ceramic separator and an anode-free architecture, with company testing targeting high volumetric energy density and fast charging. QuantumScape’s commercial model is centered on licensing cell technology and manufacturing processes to partners rather than financing and owning full-scale gigafactories itself.

Volkswagen battery subsidiary PowerCo is the lead commercial partner. The licensing framework covers an initial 40 GWh of annual production rights with scope for expansion, but licensed capacity is not current output. QuantumScape brought its Cobra separator process into baseline production in 2025 and inaugurated the Eagle pilot production line in San Jose in February 2026; it is a pilot line, not mass manufacturing. B-sample cells powered a Ducati demonstration motorcycle in September 2025, and Honda signed a multi-year joint research agreement in June 2026 after evaluating the technology. These are development and demonstration milestones; no commercial vehicle deployment or mass production has been announced.

L&F is a South Korean producer of cathode active materials for lithium-ion batteries. Its established business specializes in high-nickel NCM and NCMA products, including material for large cylindrical cells, and it supplies Korean battery manufacturers such as LG Energy Solution and SK On. A previously announced direct Tesla supply contract was reduced to a nominal amount in December 2025 and should not be treated as continuing backlog.

The company is expanding into lithium iron phosphate cathode material through wholly owned subsidiary L&F Plus. Its Daegu plant was completed in May 2026 and shipped its first trial material on 31 July 2026, with production stabilization and customer qualification continuing; that is ramp-up evidence, not full-rate commercial output. Output is directed at North American energy-storage demand. Initial nameplate capacity is 30,000 tonnes a year, with expansion to 60,000 tonnes planned for the first half of 2027. In March 2026 L&F signed a definitive Samsung SDI supply agreement covering 2027-2029 with an additional option period.

Solid Power is a development-stage producer of sulfide-based solid electrolyte for solid-state cells. Its business model centers on licensing cell designs and manufacturing processes and on supplying electrolyte to partners that build the cells. Solid Power does not manufacture finished cells at scale. BMW is a core automotive partner, and Solid Power holds a joint evaluation agreement with Samsung SDI and BMW covering electrolyte supply.

Its work with SK On progressed through pilot-line equipment passing factory and site acceptance testing at SK On’s facility, and the Line Installation Agreement was completed in the second quarter of 2026. A continuous sulfide-electrolyte line with capacity of 45 tonnes a year is targeted for commissioning by the end of 2026. Installation, acceptance testing and commissioning are each distinct from commercial production, which Solid Power has not reached.

Revenue comes from development agreements and government-funded work, not from product sales. Solid Power is a technology and materials developer whose commercial outcome depends on partners adopting its electrolyte and processes. The company was founded in Louisville, Colorado, in 2011.