Top EV Battery Manufacturers — 2014 Top 10 In Sales

Comprehensive sales figures for EV Battery manufacturers in 2014 recently became available, giving us further insight into the fast-growing market. Altogether, the year saw an increase of 54% over the previous year.

As far as the major players in the market, those haven't change, yet - BYD has definitely been growing in preence and market share.

With regard to the top of the pile, Panasonic came in with a market share of 38% — still the undisputed market leader. The company saw 2,726 megawatt-hours (MWh) of capacity sold.

Next up was AESC (the joint venture between NEC and Nissan), with a market share of 23% — 1,620 MWh worth of batteries sold. AESC has lost a fair amount of market share since a peak back in 2012 (36%). With Nissan looking more and more to LG, that share will presumably continue to fall.                                                                                           

In third was LG Chem, with a 12% market share — 886 MWh of capacity sold.  BYD took fourth, with the success of the Qin doubling its market share — hitting 6%, up from 3% in 2013. Altogether, BYD sold 461 MWh worth of batteries. The rollout of the Denza means that this share should continue to increase.

Source: EV Obsession

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