Are you wondering what companies are leading the car battery industry? Read here for the top eleven car battery manufacturers of 2023.
The car battery market is expected to hit $65 billion by 2027. It should be no surprise that this industry is growing so much – electric vehicle popularity is growing by leaps and bounds, and battery technology is increasingly advanced and sophisticated.
Before you set out to shop for a brand-new battery, you need to make sure that you understand who the biggest manufacturers are. We're happy to explain.
These tips will help you when you're shopping for car battery manufacturers that can sell you the products that you're looking for.
Hybrid and electric cars are worth $48 billion today. A big reason for this is that there are plenty of excellent companies available that produce some of the best car batteries in the world.
ACDelco is among those, and these pros have been around since 1974. It's a company based in the United States that is currently owned by General Motors (GM). They produce batteries for all sorts of vehicles, and they have a built-in pipeline of vehicles that need them since GM is also one of the largest companies in the world.
Farasis Energy is a newcomer to the car battery industry and has emerged as one of the biggest players right now. This company is based in China, and the company has been around since 2003.
The company focuses on renewable energy, which is a big factor in today's vehicle landscape. Since the automobile industry is expanding to include electric vehicles and hybrids, expect to see this renewable energy company remain a big player in the business.
Farasis Energy has a $28 billion market cap today. They make a variety of different types of batteries, and they specialize in high-quality storage solutions for vehicles of all types. The company manufactures a variety of cells and modules and is pushing sustainability in the battery industry.
Duracell is one of the most recognizable names in the battery business. The company came to prominence in the 1940s and has produced all sorts of consumer batteries. Their batteries have long powered consumer electronics and car batteries, and they make batteries of all different sizes and types.
This company has long been among the biggest car battery manufacturers, and they make products both for electric vehicles and standard automobiles. Right now, Duracell has a large market share, and you're likely to find Duracell batteries in all sorts of cars, trucks, and sport utility vehicles (SUVs).
DieHard is another company that is recognizable when it comes to producing batteries for vehicles all over the world. You're likely to see these commercials all over TV and will see DieHard batteries prominently displayed in the biggest car parts manufacturer stores.
It's a company that has been around since the 1960s, and today, they produce batteries for automobiles and equipment of all types. You'll be able to keep your vehicle charged and powered for several miles, while also feeding energy to some of the high-tech processes.
Learning about your battery options can help you when it's time to shop around. DieHard batteries are versatile and come in several different sizes and types.
If you're considering recognizable games in the battery industry, Panasonic is one of the best around. They specialize in electronics, and manufacture some of the highest quality products that you'll find.
Panasonic is a top manufacturer of batteries and other tech products that people all over the world rely on. In addition to consumer electronics like TVs, surround sound systems, and cameras. The company generates billions of dollars each year and produces batteries of all types for customers all over the world.
Gotion is an energy storage technology company located in California that produces batteries of all types. Their batteries are sustainable and green-friendly, which is what many consumers are seeking in this day and age. Gotion's batteries are designed to accommodate consumers dealing with energy density constraints.
It's a company that produces batteries for passenger vehicles, buses, commercial buildings, trucks, and industrial buildings. They have made breakthroughs in sustainability and produce long-lasting batteries that clients in several sectors enjoy.
Interstate is another company that has been around for decades providing some of the most reliable and efficient batteries on the market. The company was founded in 1952 and has remained a mainstay in the industry ever since. They specialize in producing batteries for cars and trucks for several different years, makes, and models.
They have such a selection that their the company has Interstate Battery Center storefronts that allow customers to shop around for whatever they need. Some of the premium battery models that you can shop for include MTZ AGM, MTX, MTP, and MT batteries for different vehicles. You'll be able to get a warranty on your battery that will let you get it replaced either free of charge or for a small fee. By taking the time to explore your Interstate battery options, you can keep your car on the road, and with a battery that lasts.
Contemporary Amperex Technology Co., Limited (CATL) is a company that manufactures lithium-ion batteries and Technology. The company is based in China and has rapidly grown since it was founded in 2011. They remain a major player in the electric car battery industry and supply batteries for many of these automobiles.
In a short time, CATL has grown to become the largest producer of these batteries on the planet, and they consistently gain market share each year. Whether you drive a Tesla or any number of hybrid electric vehicles, there's a good bet that it runs on a CATL battery. The company is consistently improving its technology and pushing toward a sustainability revolution that is leading the charge in the market.
Their batteries are long-lasting, reliable and provide plenty of drive time for people who rely on these vehicles.
SK Innovation Co. is another leading battery manufacturer that has left its imprint on the industry. They are located in South Korea and are gaining a noticeable market share each year. The newest Ford F-150 trucks are completely electric thanks to the batteries produced by SK Innovation Co.
Since this is one of the most popular pickup trucks, expect the electric version to also become wildly popular throughout the years. This will make SK Innovation Co. an even bigger player in the car battery industry, in addition to the batteries that they produce for several other automobiles.
The company recently unveiled plans to build a new battery production plant in Turkey, which will only further its reach around the world.
Super Start is a company that produces reliable batteries for all sorts of trucks, cars, and SUVs. This company is based in Pennsylvania and has grown by leaps and bounds over the years. In addition to producing batteries for cars, trucks, and SUVs, Super Start also manufactures batteries for motorcycles, boats, all-terrain vehicles (ATVs), and lawn and garden equipment.
They have been a mainstay in the car battery industry for the past 70 years, and continue to carve out market share among competitors. You can find Super Start batteries in a variety of automotive shops and can match their offerings for any make or model vehicle that you own.
Finally, Samsung is another company that you can turn to when you're interested in purchasing a brand-new battery for your automobile. The company is a giant in the consumer electronics industry, and currently has a more than $324 billion market cap. They are based in South Korea, and in addition to consumer electronics like TVs, smartphones, and tablets, have emerged as a contributor to the automotive battery industry.
The company is investing heavily in research for producing new lithium-ion batteries. With such an established base and brand recognition, you can expect them to make some inroads into the electric vehicle battery market in the next several years.
These are the car battery manufacturers that you need to turn to when you're shopping for a new one. If you consider the major producers in the automotive battery industry, you will have a better idea of who you can shop with. Use these words of advice as you begin looking around for the next battery for your automobile.
Subscribe now for the latest trends, technology updates, and industry news.
