The Global Rechargeable PLI Battery Market was valued at USD 52.18 Billion in 2024 and is projected to reach USD 118.76 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period (2024–2030). This explosive growth is fueled by the global demand for high-energy-density power sources in consumer electronics, the rapid acceleration of the electric vehicle (EV) revolution, and the expanding need for reliable energy storage systems.

As the world shifts towards electrification and portable power becomes indispensable, the companies manufacturing Polymer Lithium-Ion (PLI) batteries are at the forefront of this technological transformation. In this blog, we profile the Top 10 Companies in the Rechargeable PLI Battery Industry—a group of global electronics giants, chemical specialists, and energy innovators defining the future of energy storage.

Download FREE Sample Report:
Rechargeable PLI Battery Market – View in Detailed Research Report

---

🔟 1. Samsung SDI Co., Ltd.

Headquarters: Yongin-si, Gyeonggi-do, South Korea
Key Offering: Prismatic and Pouch PLI Batteries for EVs and Consumer Electronics

Samsung SDI is a global leader in advanced PLI battery technology, supplying major automotive OEMs and consumer electronics brands. The company is renowned for its high-capacity, fast-charging batteries and significant investments in solid-state battery research, positioning it as a key player in the next generation of energy storage.

Innovation and Expansion Initiatives:

• Pioneering Gen 5 battery technology with improved energy density

• Strategic partnerships with automotive giants like BMW and Stellantis

• Multi-billion dollar investments in new gigafactories in the US and Europe

---

9️⃣ 2. LG Energy Solution, Ltd.

Headquarters: Seoul, South Korea
Key Offering: Pouch-type PLI Batteries for Automotive and IT sectors

LG Energy Solution is one of the world’s largest battery manufacturers, with a diverse portfolio catering to electric vehicles, mobility, and energy storage systems. The company’s proprietary stacking technology for pouch cells offers superior safety and performance, making it a preferred supplier for global automakers.

Innovation and Expansion Initiatives:

• Leading supplier for Tesla, General Motors, and Hyundai

• Aggressive expansion of production capacity in North America

• Focused R&D on lithium-sulfur and solid-state batteries

---

8️⃣ 3. Panasonic Holdings Corporation

Headquarters: Kadoma, Osaka, Japan
Key Offering: High-performance Cylindrical PLI Batteries

Panasonic is a foundational player in the PLI battery market, famously partnering with Tesla to produce the 2170 and 4680 battery cells. The company’s expertise in cylindrical battery manufacturing and quality control has set industry standards for reliability and energy efficiency.

Innovation and Expansion Initiatives:

• Exclusive supplier of Tesla’s flagship cylindrical battery cells

• Development of cobalt-free batteries to reduce costs and ethical concerns

• Expansion into new application areas like aerospace and grid storage

Download FREE Sample Report:
Rechargeable PLI Battery Market – View in Detailed Research Report

---

7️⃣ 4. BYD Company Ltd.

Headquarters: Shenzhen, Guangdong, China
Key Offering: Blade Battery (LFP-based PLI), Prismatic Batteries

BYD has revolutionized the EV battery market with its innovative Blade Battery, which utilizes Lithium Iron Phosphate (LFP) chemistry for enhanced safety and longevity. As a vertically integrated company, BYD manufactures batteries for its own electric vehicles and supplies other automakers, rapidly expanding its global footprint.

Innovation and Expansion Initiatives:

• Proprietary Blade Battery technology renowned for passing nail penetration tests

• Massive production scale with gigafactories in China and planned facilities overseas

• Integration of battery production with EV and renewable energy businesses

---

6️⃣ 5. SK innovation Co., Ltd. (SK On)

Headquarters: Seoul, South Korea
Key Offering: High-nickel NCM PLI Batteries for EVs

SK On, the battery division of SK innovation, is a rapidly growing force in the global battery market. The company specializes in high-nickel NCM (Nickel Cobalt Manganese) batteries, which offer long driving ranges and are in high demand from electric vehicle manufacturers.

Innovation and Expansion Initiatives:

• Key supplier for Ford, Hyundai, and Volkswagen

• Aggressive investment in US manufacturing facilities in Georgia and Tennessee

• Development of Z-folding separator technology for improved safety

---

5️⃣ 6. Contemporary Amperex Technology Co., Limited (CATL)

Headquarters: Ningde, Fujian, China
Key Offering: LFP and NCM Batteries, Cell-to-Pack (CTP) Technology

CATL is the world’s largest battery manufacturer by volume, dominating the market with its cost-effective and innovative battery solutions. The company’s CTP technology increases pack efficiency and is a leader in both LFP and high-energy-density NCM battery production.

Innovation and Expansion Initiatives:

• Global market leadership with over 37% share in 2023

• Pioneering sodium-ion battery technology as an alternative to lithium

• Strategic global partnerships and gigafactory expansions in Europe and North America

---

4️⃣ 7. Amperex Technology Limited (ATL)

Headquarters: Hong Kong
Key Offering: Pouch and Polymer PLI Batteries for Consumer Electronics

ATL is a world-leading manufacturer of lithium-ion polymer batteries for consumer electronics, supplying major brands like Apple, Samsung, and Huawei. The company is renowned for its high-quality, safe, and compact battery solutions that power smartphones, laptops, and wearables.

Innovation and Expansion Initiatives:

• Dominant market position in the premium consumer electronics segment

• Continuous innovation in fast-charging and high-energy-density cells

• Expansion into new markets including drones and electric tools

---

3️⃣ 8. Murata Manufacturing Co., Ltd.

Headquarters: Nagaokakyo, Kyoto, Japan
Key Offering: Miniature and Custom PLI Batteries for IoT and Wearables

Murata Manufacturing, after acquiring Sony’s battery business, has become a specialist in small, high-performance PLI batteries. The company focuses on niche markets requiring ultra-compact and reliable power sources, such as IoT devices, medical equipment, and wearable technology.

Innovation and Expansion Initiatives:

• Leadership in miniature battery technology for compact electronic devices

• Focus on high-reliability applications in medical and industrial sectors

• R&D into solid-state batteries for future miniaturization

---

2️⃣ 9. Tianjin Lishen Battery Joint-Stock Co., Ltd.

Headquarters: Tianjin, China
Key Offering: Cylindrical and Prismatic PLI Batteries

Lishen Battery is one of China’s leading state-owned battery manufacturers, producing a wide range of PLI batteries for consumer electronics, energy storage, and electric vehicles. The company has a strong domestic presence and is expanding its international market share through technological advancements.

Innovation and Expansion Initiatives:

• Significant supplier for Chinese EV makers and consumer electronics brands

• Investment in high-nickel NCM and LFP battery production lines

• Expansion of production capacity to meet growing domestic and export demand

---

1️⃣ 10. BAK Power Battery Co., Ltd.

Headquarters: Shenzhen, Guangdong, China
Key Offering: Cylindrical PLI Batteries for Power Tools and EVs

BAK Battery is a specialized manufacturer of cylindrical lithium-ion batteries, serving markets for electric tools, electric vehicles, and portable energy storage. The company has established itself as a reliable producer of high-drain batteries capable of delivering robust power output.

Innovation and Expansion Initiatives:

• Leading supplier for the power tool and light electric vehicle markets

• Development of high-rate discharge batteries for demanding applications

• Capacity expansion to capitalize on the growing demand for cylindrical cells

Get Full Report Here:
Rechargeable PLI Battery Market – View in Detailed Research Report

---

🔋 Outlook: The Future of Rechargeable PLI Batteries Is Smarter and More Sustainable

The rechargeable PLI battery market is undergoing a profound transformation. While current lithium-ion technology dominates, the industry is aggressively investing in next-generation chemistries, advanced manufacturing processes, and sustainable supply chains to power the future.

📈 Key Trends Shaping the Market:

• Transition to solid-state batteries for improved safety and energy density

• Rise of sodium-ion batteries as a cost-effective and sustainable alternative

• Increased vertical integration from mining to recycling to secure supply chains

• AI and machine learning integration for smart battery management and manufacturing

Get Full Report Here:
Rechargeable PLI Battery Market – View in Detailed Research Report

The companies listed above are not only powering today’s electronic devices and vehicles—they’re building the energy infrastructure for a fully electrified tomorrow.