The Southeast Asia Automotive Energy Storage System Market was valued at USD 1.23 Billion in 2024 and is projected to reach USD 2.45 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period (2024-2030). This remarkable expansion is being driven by accelerating electric vehicle adoption rates across ASEAN nations, government policy support for clean mobility, and breakthroughs in battery technology that improve energy density and charging efficiency.
As the region shifts gears toward sustainable transportation, automotive energy storage systems – particularly advanced lithium-ion battery solutions – are becoming the foundation of this transformation. This report examines the Top 10 Companies leading Southeast Asia’s automotive energy storage sector, featuring global technology leaders, regional manufacturers, and strategic partnerships that are shaping the future of EV mobility.
🔟 1. Johnson Controls International
Headquarters: Cork, Ireland
Key Offering: Advanced battery systems for start-stop and hybrid vehicles
Johnson Controls has established itself as a key supplier of energy storage solutions for Southeast Asia’s growing hybrid vehicle market. The company provides innovative battery technologies that meet the unique demands of tropical climates and urban driving conditions.
Regional Activities:
-
Supplying 48V lithium-ion batteries to regional hybrid vehicle manufacturers
-
Collaborating with Thai automakers on next-generation battery solutions
Download FREE Sample Report: Southeast Asia Automotive Energy Storage System Market – View in Detailed Research Report
9️⃣ 2. GS Yuasa International Ltd.
Headquarters: Kyoto, Japan
Key Offering: Lithium-ion batteries for hybrid and electric vehicles
GS Yuasa brings decades of energy storage expertise to Southeast Asia’s automotive sector. The company specializes in high-performance batteries that deliver reliable performance in high-temperature environments characteristic of the region.
Regional Activities:
-
Joint venture with Thai partners for localized battery production
-
Strategic supplier to Japanese automakers’ regional production facilities
8️⃣ 3. Exide Technologies
Headquarters: Milton, Georgia, USA
Key Offering: Lead-acid and advanced battery solutions
Exide continues to play a significant role in Southeast Asia’s automotive energy storage sector, particularly for conventional vehicles and entry-level electric models. The company is transitioning its portfolio to include more advanced battery technologies.
Regional Activities:
-
Manufacturing facilities in Indonesia and Malaysia
-
Developing regional battery recycling infrastructure
7️⃣ 4. LG Chem Ltd.
Headquarters: Seoul, South Korea
Key Offering: High-performance lithium-ion battery cells and systems
LG Chem has emerged as a technology leader in Southeast Asia’s EV battery market. The company’s NMC (nickel manganese cobalt) batteries are favored by regional automakers for their energy density and reliability.
Regional Activities:
-
$9.8 billion investment in Indonesian battery supply chain
-
Key supplier to Vietnam’s VinFast and other ASEAN EV makers
Download FREE Sample Report: Southeast Asia Automotive Energy Storage System Market – View in Detailed Research Report
6️⃣ 5. Panasonic Corporation
Headquarters: Osaka, Japan
Key Offering: Cylindrical battery cells and complete energy systems
Panasonic leverages its extensive experience in automotive batteries to serve Southeast Asia’s growing EV market. The company’s solutions are optimized for the region’s unique climate and charging infrastructure challenges.
Regional Activities:
-
Collaborating on EV projects in Thailand’s Eastern Economic Corridor
-
Supplying Japanese automakers’ regional electric vehicle production
5️⃣ 6. Samsung SDI Co., Ltd.
Headquarters: Seoul, South Korea
Key Offering: Prismatic battery cells for premium electric vehicles
Samsung SDI specializes in high-energy-density battery solutions tailored for performance-oriented electric vehicles in Southeast Asia. The company has secured strategic partnerships with European and Asian automakers producing vehicles regionally.
Regional Activities:
-
Supplying BMW’s Malaysian EV production line
-
Developing battery recycling initiatives in Singapore
4️⃣ 7. BYD Company Ltd.
Headquartered: Shenzhen, China
Key Offering: Blade Battery (LFP) technology
BYD has made significant inroads into Southeast Asia with its innovative Blade Battery system, known for its safety and longevity. The company operates localized production and has become a major player in the regional electric bus market.
Regional Activities:
-
Electric bus fleets deployed across Singapore and Malaysia
-
Strategic partnership with Thailand’s Rêver Automotive
3️⃣ 8. Contemporary Amperex Technology Co., Limited (CATL)
Headquarters: Ningde, China
Key Offering: LFP and NCM battery systems
CATL has rapidly expanded its presence across Southeast Asia, particularly with its cost-effective lithium iron phosphate (LFP) batteries favored for commercial electric vehicles. The company is establishing manufacturing bases in key regional markets.
Regional Activities:
-
$6 billion battery plant planned with Indonesia’s PT Aneka Tambang
-
Major supplier to Thai EV startups and Japanese automakers
2️⃣ 9. Hitachi, Ltd.
Headquarters: Tokyo, Japan
Key Offering: Integrated energy management systems
Hitachi provides comprehensive energy storage solutions that go beyond battery cells, offering complete power management systems for electric and hybrid vehicles in Southeast Asia.
Regional Activities:
-
Collaborating on smart charging infrastructure projects
-
Developing battery second-life applications for regional market
1️⃣ 10. Toshiba Corporation
Headquarters: Tokyo, Japan
Key Offering: SCiB lithium-ion battery technology
Toshiba’s SCiB batteries are gaining traction in Southeast Asia due to their rapid charging capabilities and long lifecycle – ideal for the region’s developing charging infrastructure and commercial fleet applications.
Regional Activities:
-
Partnering with regional logistics companies for EV fleet solutions
-
Developing battery solutions specifically for tropical climate conditions
Get Full Report Here: Southeast Asia Automotive Energy Storage System Market – View in Detailed Research Report
⚡ Outlook: The Road Ahead for Automotive Energy Storage in Southeast Asia
The Southeast Asia automotive energy storage market is undergoing a period of rapid transformation, fueled by rising EV adoption and local production initiatives. Governments across the region are implementing policies to attract battery investments while addressing challenges throughout the supply chain.
📈 Key Trends Shaping the Market’s Future:
-
Indonesia and Thailand establishing themselves as regional battery production hubs
-
Growing preference for LFP chemistry in cost-sensitive vehicle segments
-
Development of regulations and infrastructure for battery recycling
-
Emerging business models including battery-as-a-service offerings
Get Full Report Here: Southeast Asia Automotive Energy Storage System Market – View in Detailed Research Report
The companies leading Southeast Asia’s automotive energy storage sector are not just supplying critical components—they’re enabling the region’s transition to sustainable mobility while addressing unique challenges from supply chain logistics to tropical operating conditions.
