What are the Battery Energy Storage System Companies in China?
2022-11-05
Today, we’ll be discussing the top 5 battery energy storage system companies in China. There are a number of wholesale battery storage manufacturers in China, and it can be difficult to decide which one is right for your energy storage business. In this article, we will list the top 5 most reputable companies in the country, so you can make an informed decision. Keep in mind that prices and quality may vary from supplier to supplier, so be sure to do your research before making a purchase. Thanks for reading!
CATL
CATL is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS). The company is also a supplier to U.S. carmaker Tesla Inc. (TSLA.O). According to Reuters, the company expects its third-quarter net profit to increase to between 8.8 billion yuan ($1.23 billion) and 9.9 billion yuan, up from 3.3 billion yuan last year.
CATL laid out energy storage earlier, and has cooperated with many parties to build a complete energy storage industrial system. With a market share of 32.6% in 2021, CATL is the biggest lithium-ion battery manufacturer for EVs in the world, producing 96.7 GWh of the global 296.8 GWh, up 167.5% year on year. The company plans to have a manufacturing capacity target of >500 Gwh by 2025 and >800 Gwh by 2030.6%. (The data source is quoted from Wikipedia)
BentiEnergy
BentiEnergy, headquartered in Shenzhen, China, has been a prominent manufacturer of energy storage systems since 2012. With over a decade of expertise in the specialty of residential energy storage systems and over 200 trained employees handling energy storage for wholesale businesses. The company’s mission is to supply its clients with reliable products and services while establishing long-term worldwide partnerships.
Benti is the most reputable energy storage battery manufacturer in the world. The company has substantial expertise in the residential energy storage market. Their primary product is customizable residential energy storage systems; a 100 Ah LFP cell driven by CATL is available for purchase. Power Lite Series, a product line containing high-quality Prismatic LiFePO4 Cells, is their premium household energy storage solution. The design of the Power Lite Series can accommodate diverse energy storage requirements, even for the most demanding clients.
BYD
BYD Auto Co., Ltd. (“Build Your Dreams”) is the automotive subsidiary of the publicly-listed Chinese multinational manufacturer BYD Company, headquartered in Xi’an, Shaanxi Province, China. It was founded in January 2003, following BYD Company’s acquisition of Qinchuan Automobile Company in 2002. The company produces passenger cars, buses, trucks, electric bicycles, forklifts, and rechargeable batteries.
The company’s business model is built on vertical integration and integrated innovation. Their current model range of automobiles includes battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), and the company also produced petrol engine vehicles up until March 2022.
Gotion High-Tech
Gotion High-Tech, a Chinese firm that has been working on energy storage batteries for years, intends to establish its first foreign battery manufacturing center in Germany. It intends to build 300 GWh of battery production capacity in three years, with a substantial portion of that capacity targeted for export markets. Gotion High-major Tech’s products are energy storage batteries and battery management systems, which are frequently utilized in electric cars.
The company’s strategy also incorporates major drivers, barriers, and opportunities in the worldwide battery energy storage system industry. Porter’s five forces analysis is also presented, highlighting the market’s potency of buyers and suppliers. GOTION’s energy storage business is divided into three segments: big energy storage power station systems, small domestic energy storage systems, and backup power supplies.
EVE
EVE is a high-tech enterprise with more than 150 employees. It specializes in lithium-ion batteries and has a good reputation in domestic and foreign markets. Its main product is lithium-ion battery packs, and it holds intellectual property rights for several core technologies. The company is committed to improving product quality and market reach. Its products are mainly used in the automotive industry.
The company has been planning the energy storage layout for a long time. EVE has successively launched a number of special energy storage cell products, which are applied in the fields of thermal power combined frequency modulation, centralized energy storage on the grid side, and user-side energy storage power stations. In different application scenarios, EVE can achieve good cost and safety performance.
Now is the moment to start exploring for wholesale battery storage providers. The five businesses mentioned above should be able to supply you with the items and services you require to get your business up and operating. However, before committing to any of these companies, email them an inquiry to discover more about their costs and product offers. You can guarantee that you locate the finest provider for your demands and budget by conducting research.