Cell & Pack Manufacturing

2025 Battery Production Summary Battery production surpasses 2 TWh

Source: Data provided by CRU Group Distinguished Partner). For more information, visit crugroup.com Battery production data from CRUʼs primary data collection, national industry associations, and manufacturer reports. December 2025 data is estimated.

There is still considerable overproduction compared to demand, especially in LFP/ESS cells.

This is the reason for LFPʼs share being higher than in end-use demand.

EV battery gigafactories outside China are ramping up, but almost all ESS cells are imported from China.

The industry remains an oligopoly with the top 2 manufacturers making up half of output, but more Tier 2 manufactures have been taking market share in ESS.

Extracted from the PDF; charts and images may read imperfectly.