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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

7

cities with this sector

Total Output

¥753B

combined industry output

Companies

3,800

across all hubs

Employment

425K

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 →

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

Ningbo, Zhejiang →

Guoxuan Battery (Liuzhou)

柳州国轩电池

Guoxuan Hi-Tech's Liuzhou production base for power batteries, supporting the local NEV supply chain.

Liuzhou, Guangxi →

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 →

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 →

CATL (Headquarters)

宁德时代(总部)

300750.SZ

World's largest battery manufacturer. 2024 revenue ¥362B, 475 GWh battery sales. Power battery market share #1 globally for 8 consecutive years. R&D team of 18,000+. Innovations include sodium-ion, Qilin, and condensed matter batteries.

Ningde, Fujian →

Sikeqi Intelligent Equipment

思客琦智能装备

National "Little Giant" enterprise; #1 domestic market share (16.3%) in battery module/pack production lines. Enables CATL's <0.001% defect rate. Exports to Europe, Southeast Asia, North America.

Ningde, Fujian →

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 →