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Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":559,"relatedVideos":560},147079028106825,"17c95ef7-2bbe-4fff-95fc-4a65caa1d49f","Evan Hartley","evan-hartley","authors/evan-hartley",{"x":547,"bio":548,"_uid":549,"email":547,"image":550,"linkedin":555,"component":556,"job_title":557,"markets_covered":558,"certification_name":547,"certification_recoginition":547,"certification_recoginition_url":547,"formattedDate":547,"formattedArticleDate":547},"","Evan is a Research Manager at Benchmark Mineral Intelligence, focusing on supply, demand, and cost analysis for global battery cell manufacturing, with previous experiences within the cathode and precusor cathode markets. He has over three years of experience in the sector, and holds a BSc. in Physical Geography from Durham University.","7b0d3a08-4f35-4c7d-894d-a38e44f365c4",{"id":551,"alt":547,"name":547,"focus":547,"title":547,"source":547,"filename":552,"copyright":547,"fieldtype":553,"meta_data":554,"is_external_url":50},153366041620895,"https://a.storyblok.com/f/287943243085208/800x800/670548875a/evan-h.jpeg","asset",{},"https://www.linkedin.com/in/evan-hartley/","author","Research Manager","Battery",[],[],[562,765,947],{"id":563,"uuid":564,"name":565,"slug":566,"full_slug":567,"content":568},166201115893665,"8680dd72-8d8e-4eb8-96a5-4f10271f666e","What Hungary’s election outcome means for its battery industry","what-hungary-s-election-outcome-means-for-its-battery-industry","article/what-hungary-s-election-outcome-means-for-its-battery-industry",{"_uid":569,"date":570,"tags":571,"editor":593,"content":603,"excerpt":741,"featured":51,"reporter":742,"component":746,"seo_title":565,"categories":747,"visibility":754,"data_vis_image":755,"featured_image":759,"seo_description":763,"formattedDate":764},"57561e26-b1ff-46fb-b0c6-50a0ce56450d","2026-04-15 00:00",[572,575,578,581,584,587,590],{"slug":573,"name":574},"hungary","Hungary",{"slug":576,"name":577},"europe","Europe",{"slug":579,"name":580},"data-visualisation","Data Visualisation",{"slug":582,"name":583},"samsung-sdi","Samsung SDI",{"slug":585,"name":586},"catl","CATL",{"slug":588,"name":589},"sk-on","SK On",{"slug":591,"name":592},"eve-energy","EVE Energy",[594],{"slug":595,"name":596,"content":597},"matthew-bird","Matthew Bird",{"job_title":598,"image":599,"bio":601,"linkedin":602},"Senior Editor - Supply Chains & Data Visualisation",{"filename":600},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":604,"content":605},"doc",[606,635,643,665,675,683,695,703,725,733],{"type":607,"attrs":608,"content":609},"paragraph",{"textAlign":49},[610,618,630],{"text":611,"type":612,"marks":613},"With four active battery cell manufacturing sites and two more set to begin production in 2026, Hungary is one of ","text",[614],{"type":615,"attrs":616},"textStyle",{"color":617},"#000000",{"text":619,"type":612,"marks":620},"Europe’s success stories",[621,628],{"type":622,"attrs":623},"link",{"href":624,"uuid":625,"anchor":49,"target":626,"linktype":627},"/article/europe-policy-and-defence-key-quotes-from-giga-europe-2026","c7988c65-254d-49b5-b9b1-bab4bf5071b7","_self","story",{"type":615,"attrs":629},{"color":617},{"text":631,"type":612,"marks":632}," when it comes to battery localisation. Anticipated to host 127GWh of active capacity by the end of 2026, from four Tier 1 producers, the country accounts for 28% of the region's forecasted total capacity this year and 34% of production. Only Poland is expected to produce more cells, due to the 126GWh LGES NCM and LFP factory in Wroclaw.",[633],{"type":615,"attrs":634},{"color":617},{"type":607,"attrs":636,"content":637},{"textAlign":49},[638],{"text":639,"type":612,"marks":640},"The 2026 Hungarian parliamentary election saw the country’s established battery industry become a contested issue between the incumbent Orbán-led Fidesz Party and the newly elected Tisza Party led by Péter Magyar. Magyar won the April 12, 2026, election in a landslide, with Tisza winning a two-thirds supermajority, giving Magyar a strong mandate to enact reforms.",[641],{"type":615,"attrs":642},{"color":617},{"type":607,"attrs":644,"content":645},{"textAlign":49},[646,651,660],{"text":647,"type":612,"marks":648},"With the first commercial production at Samsung SDI in Göd in 2017, Hungary soon attracted further investment from another major South Korean company, SK On. The Orbán government granted close to EUR 300m ($354m) of state aid in 2021 for the construction of two SK On NCM cell factories. Growing international recognition of the administration’s welcoming stance toward foreign battery investment saw ",[649],{"type":615,"attrs":650},{"color":617},{"text":652,"type":612,"marks":653},"Chinese battery giant CATL",[654,658],{"type":622,"attrs":655},{"href":656,"uuid":657,"anchor":49,"target":626,"linktype":627},"/article/catl-raises-4-6bn-in-hong-kong-listing-to-power-global-expansions","316c4035-3b6e-42c4-9994-2e47058a7558",{"type":615,"attrs":659},{"color":617},{"text":661,"type":612,"marks":662}," announce a EUR 7.3bn ($7.4bn) 100GWh cell plant in Debrecen in late 2022. Promises of EUR 800m in grants, tax breaks, and infrastructural support followed.",[663],{"type":615,"attrs":664},{"color":617},{"type":666,"attrs":667},"blok",{"id":668,"body":669},"70ab0294-fbe0-47ea-87b2-a4b1695b2128",[670],{"id":671,"_uid":672,"type":673,"component":674,"fixed_height":547,"use_fixed_height":50,"fixed_height_mobile":547,"fixed_height_tablet":547},"28537876","i-427f9afe-dae5-48d4-acfa-44acd3f1e755","visualisation","ContentFlourish",{"type":607,"attrs":676,"content":677},{"textAlign":49},[678],{"text":679,"type":612,"marks":680},"Many other South Korean and Chinese projects continued to receive state support across the supply chain. For example, Chinese battery manufacturers BYD and Sunwoda both received support to establish battery pack plants in 2025.",[681],{"type":615,"attrs":682},{"color":617},{"type":684,"attrs":685,"content":687},"heading",{"level":686,"textAlign":49},2,[688],{"text":689,"type":612,"marks":690},"Magyar promises tighter control over cell producers",[691,693],{"type":615,"attrs":692},{"color":617},{"type":694},"bold",{"type":607,"attrs":696,"content":697},{"textAlign":49},[698],{"text":699,"type":612,"marks":700},"The industry's growth came with significant challenges and local opposition, particularly over environmental and social issues.",[701],{"type":615,"attrs":702},{"color":617},{"type":607,"attrs":704,"content":705},{"textAlign":49},[706,711,720],{"text":707,"type":612,"marks":708},"Samsung SDI’s factory saw continual fines issued for health and environmental-related safety breaches often related to NMP solvents, whilst continuing to receive state support and reportedly failing to address the causes. ",[709],{"type":615,"attrs":710},{"color":617},{"text":712,"type":612,"marks":713},"CATL’s huge 100GWh plant",[714,718],{"type":622,"attrs":715},{"href":716,"uuid":717,"anchor":49,"target":626,"linktype":627},"/article/catl-revises-2026-production-guidance-up-30-to-1300gwh","2f17b8af-9b62-4fe3-9976-0ad77118a642",{"type":615,"attrs":719},{"color":617},{"text":721,"type":612,"marks":722}," faced an initial wave of opposition over expected water consumption, and more recently, due to its planned reliance on foreign workers, exacerbated by an incident in which it laid off over 100 Hungarian workers in favour of Chinese professionals.",[723],{"type":615,"attrs":724},{"color":617},{"type":607,"attrs":726,"content":727},{"textAlign":49},[728],{"text":729,"type":612,"marks":730},"Magyar promised in the lead-up to the election to curtail abuses in the battery industry, hold responsible those who had contributed to social and environmental scandals, and to develop a \"comprehensive battery industry strategy.\" Magyar promised to stop prioritising investment from Asia and to \"reduce support for assembly plants and environmentally harmful technologies. He specifically referenced Samsung SDI, arguing that the Göd factory perfectly illustrates “the essence of the Orbán system”, where corruption and subservience to foreign corporations override public safety.",[731],{"type":615,"attrs":732},{"color":617},{"type":607,"attrs":734,"content":735},{"textAlign":49},[736],{"text":737,"type":612,"marks":738},"Whilst it remains to be seen, the new administration may begin to enact tighter controls on the country’s battery players, potentially raising labour costs and lengthening development times for new projects. Hungary has however, already sunk a large volume of investments into the new energy supply chain, and the country’s wider economic situation may not allow for the curtailment of a dominant industry.",[739],{"type":615,"attrs":740},{"color":617},"With four active battery cell manufacturing sites and two more set to begin production in 2026, Hungary is one of Europe’s success stories when it comes to battery localisation. Anticipated to host 127GWh of active capacity by the end of 2026, from four Tier 1 producers, the country accounts for 28% of the region's forecasted total capacity this year and 34% of production. Only Poland is expected to produce more cells, due to the 126GWh LGES NCM and LFP factory in Wroclaw.\nThe 2026 Hungarian parliamentary election saw the country’s established battery industry become a contested issue between the incumbent Orbán-led Fidesz Party and the newly elected Tisza Party led by Péter Magyar. Magyar won the April 12, 2026, election in a landslide, with Tisza winning a two-thirds supermajority, giving Magyar a strong mandate to enact reforms.",[743],{"slug":544,"name":543,"content":744},{"job_title":557,"image":745,"bio":548,"linkedin":555,"markets_covered":558},{"filename":552},"article",[748,751],{"slug":749,"name":750},"batteries","Batteries",{"slug":752,"name":753},"gigafactories","Battery & Gigafactory","private",{"id":756,"alt":547,"name":547,"focus":547,"title":547,"source":547,"filename":757,"copyright":547,"fieldtype":553,"meta_data":758,"is_external_url":50},166202341412585,"https://a.storyblok.com/f/287943243085208/1588x1346/de82a9a2b6/hungary-gigafactories-2x.png",{},{"id":760,"alt":547,"name":547,"focus":547,"title":547,"source":547,"filename":761,"copyright":547,"fieldtype":553,"meta_data":762,"is_external_url":50},166202056412842,"https://a.storyblok.com/f/287943243085208/6000x4000/9b28744e17/hungary-flags.jpg",{},"With four active battery cell manufacturing sites and two more set to begin production in 2026, Hungary is one of Europe’s success stories when it comes to battery localisation. Anticipated to host 127GWh of active capacity by the end of 2026...","Apr 15, 2026",{"id":766,"uuid":767,"name":768,"slug":769,"full_slug":770,"content":771},163759871322210,"71dbc773-c305-42bb-8fc3-babc6f35edca","Malaysia’s battery supply chain bloom begins","malaysia-s-battery-supply-chain-bloom-begins","article/malaysia-s-battery-supply-chain-bloom-begins",{"_uid":772,"date":773,"tags":774,"editor":785,"content":789,"excerpt":925,"featured":51,"reporter":926,"component":746,"seo_title":768,"categories":930,"visibility":754,"data_vis_image":937,"featured_image":941,"seo_description":945,"formattedDate":946},"4bc8d955-a1df-48ed-b7e5-1f9150278f45","2026-04-08 00:00",[775,776,779,782],{"slug":579,"name":580},{"slug":777,"name":778},"malaysia","Malaysia",{"slug":780,"name":781},"asia","Asia",{"slug":783,"name":784},"highstar-power","Highstar Power",[786],{"slug":595,"name":596,"content":787},{"job_title":598,"image":788,"bio":601,"linkedin":602},{"filename":600},{"type":604,"content":790},[791,813,821,829,836,845,867,903,911,919],{"type":607,"attrs":792,"content":793},{"textAlign":49},[794,799,808],{"text":795,"type":612,"marks":796},"Chinese lithium and sodium ion cell manufacturer, Highstar Power, announced the advent of commercial cell production at its 2.5GWh manufacturing base in Johor, Malaysia, in early April, cementing the country’s status as ",[797],{"type":615,"attrs":798},{"color":617},{"text":800,"type":612,"marks":801},"Southeast Asia’s",[802,806],{"type":622,"attrs":803},{"href":804,"uuid":805,"anchor":49,"target":626,"linktype":627},"/article/southeast-asia-expected-to-see-uptick-in-bess-deployments-with-indonesias-new-bess-mandate","56a57020-3a91-4f36-84f2-c49f58aff513",{"type":615,"attrs":807},{"color":617},{"text":809,"type":612,"marks":810}," battery hub. The factory is the fifth to enter production there.",[811],{"type":615,"attrs":812},{"color":617},{"type":607,"attrs":814,"content":815},{"textAlign":49},[816],{"text":817,"type":612,"marks":818},"Active battery cell capacity in Malaysia almost tripled to 31GWh 2025, up from 11GWh in 2024. Outside the traditional battery markets of China, South Korea, and Japan, the country has the most cell manufacturing activity in Asia. Capacity is anticipated to grow another 98% by the end of the decade. Two Tier 1 manufacturers operate in the region, EVE Energy and Samsung SDI.",[819],{"type":615,"attrs":820},{"color":617},{"type":607,"attrs":822,"content":823},{"textAlign":49},[824],{"text":825,"type":612,"marks":826},"In contrast to many other emerging battery markets, production in Malaysia is almost entirely geared towards the portables market. The country is host to a large power tool manufacturing industry, with German tool giant, Bosch, owning a flagship factory in Penang.",[827],{"type":615,"attrs":828},{"color":617},{"type":666,"attrs":830},{"id":831,"body":832},"2fd1cc84-5a4e-4f72-ad3d-f10623c826e6",[833],{"id":834,"_uid":835,"type":673,"component":674,"fixed_height":547,"use_fixed_height":50,"fixed_height_mobile":547,"fixed_height_tablet":547},"28429165","i-0d160d34-0385-4d37-b6f0-c401d1e76bdc",{"type":684,"attrs":837,"content":838},{"level":686,"textAlign":49},[839],{"text":840,"type":612,"marks":841},"Malaysia’s midstream is developing in tandem with cell supply",[842,844],{"type":615,"attrs":843},{"color":617},{"type":694},{"type":607,"attrs":846,"content":847},{"textAlign":49},[848,853,862],{"text":849,"type":612,"marks":850},"Emerging battery industries often face challenges scaling, with one limiting factor being access to local raw and active materials. Malaysia currently has one CAM factory in planning, a 90ktpa LFP facility by ",[851],{"type":615,"attrs":852},{"color":617},{"text":854,"type":612,"marks":855},"Yuneng New Energy",[856,860],{"type":622,"attrs":857},{"href":858,"uuid":859,"anchor":49,"target":626,"linktype":627},"/article/how-could-chinas-proposed-technology-export-restrictions-impact-cathode-expansions-overseas","c8d91eb2-615b-4758-a6a6-85dd493f21d8",{"type":615,"attrs":861},{"color":617},{"text":863,"type":612,"marks":864},".",[865],{"type":615,"attrs":866},{"color":617},{"type":607,"attrs":868,"content":869},{"textAlign":49},[870,875,884,889,898],{"text":871,"type":612,"marks":872},"Neighbouring ",[873],{"type":615,"attrs":874},{"color":617},{"text":876,"type":612,"marks":877},"Indonesia",[878,882],{"type":622,"attrs":879},{"href":880,"uuid":881,"anchor":49,"target":626,"linktype":627},"/article/indonesia-proposes-regulatory-changes-to-promote-nickel-based-batteries-amid-global-lfp-shift","b48d8650-447f-4567-bdf1-773419341d27",{"type":615,"attrs":883},{"color":617},{"text":885,"type":612,"marks":886}," has a further three CAM facilities either operational or under development.with three more operational or under development. EVE Energy has already contracted cathode supply for its Malaysian operations from ",[887],{"type":615,"attrs":888},{"color":617},{"text":890,"type":612,"marks":891},"Jiangsu Lopal’s",[892,896],{"type":622,"attrs":893},{"href":894,"uuid":895,"anchor":49,"target":626,"linktype":627},"/article/lopal-first-chinese-company-to-build-lfp-battery-cathode-plant-outside-of-china","f3d8cb58-69a8-4c65-b8ae-b9fbe57ad5a6",{"type":615,"attrs":897},{"color":617},{"text":899,"type":612,"marks":900}," facility in Indonesia, in competition with American and South Korean firms exploring options for FEOC compliant material.",[901],{"type":615,"attrs":902},{"color":617},{"type":607,"attrs":904,"content":905},{"textAlign":49},[906],{"text":907,"type":612,"marks":908},"On the anode side, Malaysia has one AAM plant with a capacity of 3,000 tonnes operated by Graphjet Technology with a planned 7,000 tonne expansion. China’s Shangtai is also planning an AAM production facility in the country for 2029.",[909],{"type":615,"attrs":910},{"color":617},{"type":607,"attrs":912,"content":913},{"textAlign":49},[914],{"text":915,"type":612,"marks":916},"Further operational and planned AAM production in Indonesia is also poised to support the build out of Malaysia’s battery supply chain.",[917],{"type":615,"attrs":918},{"color":617},{"type":666,"attrs":920},{"id":831,"body":921},[922],{"id":923,"_uid":924,"type":673,"component":674,"fixed_height":547,"use_fixed_height":50,"fixed_height_mobile":547,"fixed_height_tablet":547},"28425341","i-a38d1950-1b00-4fe9-98df-e342b740f268","Chinese lithium and sodium ion cell manufacturer, Highstar Power, announced the advent of commercial cell production at its 2.5GWh manufacturing base in Johor, Malaysia, in early April, cementing the country’s status as Southeast Asia’s battery hub. The factory is the fifth to enter production there.",[927],{"slug":544,"name":543,"content":928},{"job_title":557,"image":929,"bio":548,"linkedin":555,"markets_covered":558},{"filename":552},[931,932,933,935],{"slug":749,"name":750},{"slug":752,"name":753},{"slug":934,"name":298},"cathode",{"slug":936,"name":261},"anode",{"id":938,"alt":547,"name":547,"focus":547,"title":547,"source":547,"filename":939,"copyright":547,"fieldtype":553,"meta_data":940,"is_external_url":50},163762637184807,"https://a.storyblok.com/f/287943243085208/1588x1320/795dbaa258/malaysia-cell-and-mid-capacity-2x.png",{},{"id":942,"alt":547,"name":547,"focus":547,"title":547,"source":547,"filename":943,"copyright":547,"fieldtype":553,"meta_data":944,"is_external_url":50},163760667545368,"https://a.storyblok.com/f/287943243085208/2040x1278/96e4c44d5a/highstar.jpg",{},"Chinese lithium and sodium ion cell manufacturer, Highstar Power, announced the advent of commercial cell production at its 2.5GWh manufacturing base in Johor, Malaysia, in early April, cementing the country’s status as Southeast Asia’s battery hub.","Apr 08, 2026",{"id":948,"uuid":949,"name":950,"slug":951,"full_slug":952,"content":953},146072232847353,"5a87817c-f839-49ea-9a92-ccb5a2952b63","The top five battery producers: past, present and future","the-top-five-battery-producers-past-present-and-future","article/the-top-five-battery-producers-past-present-and-future",{"_uid":954,"date":955,"tags":956,"editor":980,"content":984,"excerpt":1259,"featured":51,"reporter":1260,"component":746,"seo_title":950,"categories":1274,"visibility":1276,"author_company":547,"data_vis_image":1277,"featured_image":1281,"seo_description":1285,"author_full_name":547,"author_job_title":547,"formattedDate":1286},"12c816b3-c0fd-4e4f-96e9-be68409a618a","2026-02-18 00:00",[957,958,961,964,967,970,973,976,979],{"slug":585,"name":586},{"slug":959,"name":960},"byd","BYD",{"slug":962,"name":963},"lges","LGES",{"slug":965,"name":966},"lg-energy-solution","LG Energy Solution",{"slug":968,"name":969},"panasonic","Panasonic",{"slug":971,"name":972},"china","China",{"slug":974,"name":975},"south-korea","South Korea",{"slug":977,"name":978},"japan","Japan",{"slug":579,"name":580},[981],{"slug":595,"name":596,"content":982},{"job_title":598,"image":983,"bio":601,"linkedin":602},{"filename":600},{"type":604,"content":985},[986,1021,1043,1050,1058,1079,1111,1119,1127,1135,1167,1175,1183,1191,1208,1230,1238,1246],{"type":607,"attrs":987,"content":988},{"textAlign":49},[989,994,1003,1008,1017],{"text":990,"type":612,"marks":991},"Between 2020 and 2025 gigafactory capacity ",[992],{"type":615,"attrs":993},{"color":617},{"text":995,"type":612,"marks":996},"grew",[997,1001],{"type":622,"attrs":998},{"href":999,"uuid":1000,"anchor":49,"target":626,"linktype":627},"/article/how-is-battery-supply-chain-funding-evolving-in-2025","a75955e6-67f8-4929-9971-d03946c4b87c",{"type":615,"attrs":1002},{"color":617},{"text":1004,"type":612,"marks":1005}," six-fold, and it is set to grow another 118% by 2030 as assessed by ",[1006],{"type":615,"attrs":1007},{"color":617},{"text":1009,"type":612,"marks":1010},"Benchmark’s Battery & Gigafactory Service",[1011,1015],{"type":622,"attrs":1012},{"href":1013,"uuid":49,"anchor":49,"target":626,"linktype":1014},"https://www.benchmarkminerals.com/battery-gigafactory","url",{"type":615,"attrs":1016},{"color":617},{"text":863,"type":612,"marks":1018},[1019],{"type":615,"attrs":1020},{"color":617},{"type":607,"attrs":1022,"content":1023},{"textAlign":49},[1024,1029,1038],{"text":1025,"type":612,"marks":1026},"To celebrate ",[1027],{"type":615,"attrs":1028},{"color":617},{"text":1030,"type":612,"marks":1031},"International Battery Day",[1032,1036],{"type":622,"attrs":1033},{"href":1034,"uuid":1035,"anchor":49,"target":626,"linktype":627},"/article/the-ev-market-past-present-and-future","fe291a62-d1e1-42fc-bf34-907bb7976f84",{"type":615,"attrs":1037},{"color":617},{"text":1039,"type":612,"marks":1040},", Benchmark explores how the top five battery producers have shifted since 2020, and which companies are set to hold the top positions in 2030.",[1041],{"type":615,"attrs":1042},{"color":617},{"type":666,"attrs":1044},{"id":1045,"body":1046},"8b58a1d5-84d0-4ea7-bc37-91d321c9b35b",[1047],{"id":1048,"_uid":1049,"type":673,"component":674,"fixed_height":547,"use_fixed_height":50,"fixed_height_mobile":547,"fixed_height_tablet":547},"27675852","i-cae798e0-a99c-449b-8f98-caa91b5362b9",{"type":684,"attrs":1051,"content":1052},{"level":686,"textAlign":49},[1053],{"text":1054,"type":612,"marks":1055},"Past – 2020",[1056],{"type":615,"attrs":1057},{"color":617},{"type":607,"attrs":1059,"content":1060},{"textAlign":49},[1061,1066,1074],{"text":1062,"type":612,"marks":1063},"In 2020, battery cell production capacity was around 734GWh. Although China accounted for 65% of this supply, it was South Korean cell maker ",[1064],{"type":615,"attrs":1065},{"color":617},{"text":966,"type":612,"marks":1067},[1068,1072],{"type":622,"attrs":1069},{"href":1070,"uuid":1071,"anchor":49,"target":626,"linktype":627},"/article/lges-to-start-ess-battery-production-in-us-next-year-to-tap-into-booming-market","305388bd-7dd9-4609-89bc-10a27bedd22e",{"type":615,"attrs":1073},{"color":617},{"text":1075,"type":612,"marks":1076}," (LGES) that occupied the number one spot for cell production.",[1077],{"type":615,"attrs":1078},{"color":617},{"type":607,"attrs":1080,"content":1081},{"textAlign":49},[1082,1087,1093,1098,1106],{"text":1083,"type":612,"marks":1084},"Indeed, ",[1085],{"type":615,"attrs":1086},{"color":617},{"text":586,"type":612,"marks":1088},[1089,1091],{"type":622,"attrs":1090},{"href":716,"uuid":717,"anchor":49,"target":626,"linktype":627},{"type":615,"attrs":1092},{"color":617},{"text":1094,"type":612,"marks":1095}," and ",[1096],{"type":615,"attrs":1097},{"color":617},{"text":960,"type":612,"marks":1099},[1100,1104],{"type":622,"attrs":1101},{"href":1102,"uuid":1103,"anchor":49,"target":626,"linktype":627},"/article/in-charts-the-rise-of-byd","d138a8e7-adba-49a7-b52d-30b972975714",{"type":615,"attrs":1105},{"color":617},{"text":1107,"type":612,"marks":1108}," were the only two Chinese companies in the top five in 2020, with Japan’s Panasonic and South Korea’s Samsung SDI rounding out the list.",[1109],{"type":615,"attrs":1110},{"color":617},{"type":607,"attrs":1112,"content":1113},{"textAlign":49},[1114],{"text":1115,"type":612,"marks":1116},"In all, the top five producers accounted for 50% of global cell production capacity.",[1117],{"type":615,"attrs":1118},{"color":617},{"type":684,"attrs":1120,"content":1121},{"level":686,"textAlign":49},[1122],{"text":1123,"type":612,"marks":1124},"Present – 2025",[1125],{"type":615,"attrs":1126},{"color":617},{"type":607,"attrs":1128,"content":1129},{"textAlign":49},[1130],{"text":1131,"type":612,"marks":1132},"By 2025, cell production had reached 2.2TWh and gigafactory capacity hit 4.8TWh. China cemented its dominance with 86% of production located in the country.",[1133],{"type":615,"attrs":1134},{"color":617},{"type":607,"attrs":1136,"content":1137},{"textAlign":49},[1138,1143,1151,1155,1163],{"text":1139,"type":612,"marks":1140},"LGES, the only non-Chinese firm in the top five, fell from the top spot to third position, overtaken by battery behemoths ",[1141],{"type":615,"attrs":1142},{"color":617},{"text":586,"type":612,"marks":1144},[1145,1149],{"type":622,"attrs":1146},{"href":1147,"uuid":1148,"anchor":49,"target":626,"linktype":627},"/article/who-were-the-top-cell-suppliers-in-the-bess-market-in-h1-2025","856c6f80-c683-4faf-95f5-f1b762deeac3",{"type":615,"attrs":1150},{"color":617},{"text":1094,"type":612,"marks":1152},[1153],{"type":615,"attrs":1154},{"color":617},{"text":960,"type":612,"marks":1156},[1157,1161],{"type":622,"attrs":1158},{"href":1159,"uuid":1160,"anchor":49,"target":626,"linktype":627},"/article/byd-gains-market-share-abroad-whilst-losing-domestic-share","d6b62daf-8ed1-4f84-bbfc-fdd50e436327",{"type":615,"attrs":1162},{"color":617},{"text":863,"type":612,"marks":1164},[1165],{"type":615,"attrs":1166},{"color":617},{"type":607,"attrs":1168,"content":1169},{"textAlign":49},[1170],{"text":1171,"type":612,"marks":1172},"The concentration of global capacity operated by the top five producers had fallen to 44% by 2025. Notably, CATL alone accounted for over a quarter of production and 17% of global gigafactory capacity.",[1173],{"type":615,"attrs":1174},{"color":617},{"type":684,"attrs":1176,"content":1177},{"level":686,"textAlign":49},[1178],{"text":1179,"type":612,"marks":1180},"Future – 2030",[1181],{"type":615,"attrs":1182},{"color":617},{"type":607,"attrs":1184,"content":1185},{"textAlign":49},[1186],{"text":1187,"type":612,"marks":1188},"The 2030 gigafactory pipeline is currently over 10TWh, with 77% of this owned by Chinese companies.",[1189],{"type":615,"attrs":1190},{"color":617},{"type":607,"attrs":1192,"content":1193},{"textAlign":49},[1194,1203],{"text":1195,"type":612,"marks":1196},"CATL’s",[1197,1201],{"type":622,"attrs":1198},{"href":1199,"uuid":1200,"anchor":49,"target":626,"linktype":627},"/article/charting-the-evolution-of-catls-revenue-streams","62db0e85-b8ad-4ea7-80c5-d285c4b019c0",{"type":615,"attrs":1202},{"color":617},{"text":1204,"type":612,"marks":1205}," position in the number one spot is strong. Its 2030 pipeline capacity is greater than the combined pipeline of LGES and BYD, which occupy the number two and three spots, respectively. LGES is set to remain the only non-Chinese company in the top five.",[1206],{"type":615,"attrs":1207},{"color":617},{"type":607,"attrs":1209,"content":1210},{"textAlign":49},[1211,1216,1225],{"text":1212,"type":612,"marks":1213},"The top five producers account for a third of the ",[1214],{"type":615,"attrs":1215},{"color":617},{"text":1217,"type":612,"marks":1218},"global gigafactory pipeline capacity",[1219,1223],{"type":622,"attrs":1220},{"href":1221,"uuid":1222,"anchor":49,"target":626,"linktype":627},"/article/north-america-sees-lfp-production-capacity-pipeline-grow-driven-by-the-bess-market","8c902f6d-616a-4844-93e9-31c499e486b5",{"type":615,"attrs":1224},{"color":617},{"text":1226,"type":612,"marks":1227}," for 2030.",[1228],{"type":615,"attrs":1229},{"color":617},{"type":684,"attrs":1231,"content":1232},{"level":686,"textAlign":49},[1233],{"text":1234,"type":612,"marks":1235},"Unlock granular market visibility with Benchmark's Battery & Gigafactory Service",[1236],{"type":615,"attrs":1237},{"color":547},{"type":607,"attrs":1239,"content":1240},{"textAlign":49},[1241],{"text":1242,"type":612,"marks":1243},"This insight draws from Benchmark's comprehensive Battery & Gigafactory Service, consisting of cell prices, capacity assessments, forecasts and supply chain data. By bringing integrated clarity to the opaque battery midstream, this subscription facilitates smarter investment decisions, strategy planning and execution, and successful commercial outcomes. To learn more, submit your details below and our team will be in touch:",[1244],{"type":615,"attrs":1245},{"color":547},{"type":666,"attrs":1247},{"id":1248,"body":1249},"53ec0bd8-9295-4fe0-a9b2-389262f4a6f5",[1250],{"id":1251,"_uid":1252,"component":1253,"wrap_in_box":50,"redirect_url":1254,"success_file":1256,"default_height":547,"success_message":547,"v2_hubspot_form":50,"success_sub_text":547,"hidden_field_values":1258,"show_on_intelligence":50},"57a99950-73f5-48be-98a4-7324c28e5d0b","i-e0aaa4fc-1a19-4165-ac8c-bf738e97ff6e","ContentHubspotForm",{"id":547,"url":547,"linktype":627,"fieldtype":1255,"cached_url":547},"multilink",{"id":49,"alt":49,"name":547,"focus":49,"title":49,"source":49,"filename":547,"copyright":49,"fieldtype":553,"meta_data":1257},{},[],"Between 2020 and 2025 gigafactory capacity grew six-fold, and it is set to grow another 118% by 2030 as assessed by Benchmark’s Battery & Gigafactory Service.\nTo celebrate International Battery Day, Benchmark explores how the top five battery producers have shifted since 2020, and which companies are set to hold the top positions in 2030.",[1261,1264],{"slug":544,"name":543,"content":1262},{"job_title":557,"image":1263,"bio":548,"linkedin":555,"markets_covered":558},{"filename":552},{"slug":1265,"name":1266,"content":1267},"anya-sidhu","Anya Sidhu",{"job_title":1268,"image":1269,"bio":1271,"linkedin":1272,"markets_covered":1273},"Analyst - Batteries ",{"filename":1270},"https://a.storyblok.com/f/287943243085208/719x719/148f688814/anya-sidhu.jpeg","Anya is an analyst working in the Battery and Gigafactory team, covering capacity, supply and demand for lithium and sodium ion batteries. She has also begun working on the Portables report, building out our global view of unit sales and demand for each segment. Anya holds a BSc in Chemistry from the University of Leicester.","https://www.linkedin.com/in/anya-sidhu-622b60268/","Battery and Gigafactory ",[1275],{"slug":749,"name":750},"public",{"id":1278,"alt":547,"name":547,"focus":547,"title":547,"source":547,"filename":1279,"copyright":547,"fieldtype":553,"meta_data":1280,"is_external_url":50},146076318700771,"https://a.storyblok.com/f/287943243085208/1575x1137/0e23b64745/the-changing-landscape-of-the-top-five-battery-producers.png",{},{"id":1282,"alt":547,"name":547,"focus":547,"title":547,"source":547,"filename":1283,"copyright":547,"fieldtype":553,"meta_data":1284,"is_external_url":50},146072712586427,"https://a.storyblok.com/f/287943243085208/5120x2880/7b57aebe1f/shutterstock_2333774629-1.jpg",{"alt":547,"title":547,"source":547,"copyright":547},"Between 2020 and 2025 gigafactory capacity grew six-fold, and it is set to grow another 118% by 2030 as assessed by Benchmark’s Battery & Gigafactory Service.","Feb 18, 2026",1783093201607]