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Batteries & Energy Storage

电池与储能

China controls over 80% of global lithium-ion battery production capacity, led by CATL and BYD. The sector spans EV batteries, grid-scale energy storage, and next-generation solid-state batteries.

Hubs

5

cities with this sector

Total Output

¥535B

combined industry output

Companies

3,570

across all hubs

Employment

335K

workers in sector

Key Statistics

Global production share

~80%

2024

Battery production capacity

2,500+ GWh

2024

Energy storage deployments

45 GW

2024

Global Context

CATL alone holds ~37% global market share. Chinese battery makers are now building gigafactories in Europe, Southeast Asia, and North America.

Policy Drivers

  • New Energy Storage Development Plan
  • EV battery recycling mandates
  • Grid-scale storage targets

Key Companies

BYD

比亚迪

1211.HK

World's largest NEV manufacturer by volume, vertically integrated from battery cells to complete vehicles.

Shenzhen, Guangdong

CATL (Shanghai R&D)

宁德时代(上海)

300750.SZ

CATL's Shanghai R&D center and international headquarters, focusing on next-generation battery technologies and global partnerships.

Shanghai, Shanghai

CATL (Changzhou)

宁德时代(常州)

300750.SZ

CATL's major battery production base in Changzhou, part of the "New Energy Capital" cluster.

Changzhou, Jiangsu

Ningbo Shanshan

宁波杉杉

600884.SH

Leading producer of lithium battery anode and cathode materials, also a major LCD polarizer film manufacturer after acquiring LG Chem's business.

Ningbo, Zhejiang

CATL (Yibin)

宁德时代(宜宾)

300750.SZ

CATL's largest battery mega-factory complex, leveraging Yibin's cheap hydropower for low-cost, green-powered lithium battery production.

Yibin, Sichuan

SK Innovation (Yancheng)

SK创新(盐城)

096770.KS

Korean battery giant's China production base manufacturing lithium-ion batteries for the NEV supply chain in the Yangtze River Delta.

Yancheng, Jiangsu

CATL (Huzhou)

宁德时代(湖州)

300750.SZ

CATL's Huzhou base producing lithium-ion battery cells and modules, part of the city's green energy manufacturing cluster.

Huzhou, Zhejiang

Jiangsu CATL

江苏时代新能源

CATL's wholly-owned Yangtze Delta manufacturing subsidiary. ¥20B investment, 2,000 mu campus, 10,000+ employees — one of CATL's largest production bases.

Liyang, Jiangsu

Kedali (Liyang)

科达利(溧阳)

002850.SZ

Major Liyang production base for Kedali, the leading lithium battery structural parts maker. Daily output exceeds 4 million precision components.

Liyang, Jiangsu