Directory profiles · Battery Business Directory
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2025 Battery Production Summary Battery production surpasses 2 TWh
Source: Data provided by CRU Group (Distinguished Partner). For more information, visit crugroup.com *Battery production data from CRU’s primary data collection, national industry associations, and manufacturer reports. December 2025 data is estimated.
There is still considerable overproduction compared to demand, especially in LFP/ESS cells.
This is the reason for LFP’s share being higher than in end-use demand.
EV battery gigafactories outside China are ramping up, but almost all ESS cells are imported from China.
The industry remains an oligopoly with the top 2 manufacturers making up half of output, but more Tier 2 manufactures have been taking market share in ESS.
Extracted from the PDF; charts and images may read imperfectly.
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