Technical FAQs 4

Who makes the most energy storage cell shipments non-China?

The top three manufacturers in energy storage cell shipments non-China markets were CATL, BYD, and CALB. At present, most non-China cell shipments from Chinese-funded manufacturers are achieved through the commissioning of non-China energy storage projects by leading Chinese system integrators.

How big will lithium energy storage be by 2024?

GGII data shows that by 2024, the global installed capacity of front-end lithium energy storage will reach 63GW/165GWh, a year-on-year increase of +61.5%/77.4%. It is expected that by 2025, the global installed capacity will exceed 93GW/250GWh.

How did the energy storage industry perform in 2q25?

In 2Q25, shipments reached 136.78 GWh, surpassing 4Q24 and setting a new all-time high. In 1H25, industry concentration remained high, with CR10 reaching 91.2%, roughly the same as in the previous quarters. CATL and Hithium ranked as the top two in global energy storage cell shipments.

When will South Korean energy storage cells return to the top ten?

However, as U.S. energy storage cell capacity from companies such as LGES is gradually released in 2H25 and multiple large-scale projects enter the delivery phase, South Korean manufacturers are expected to return to the top ten by the end of 2025 or in 1H26. In 1H25, global utility-scale storage cell shipments reached 218.57 GWh, up 110.15% YoY.

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