Market Share of Automotive Lithium Ion Battery Industry
The Automotive Li-ion market is highly fragmented, with several players accounting for significant amounts of shares in the market. Some of the prominent companies in the automotive Li-Ion market are Panasonic Corporation, Hitachi Ltd., BYD Co Ltd., Toshiba Corporation, LG Chem and others. Companies are investing heavily in research and development for the innovation of new and advanced products and technologies that are increasing the life and performance of the automotive batteries. For instance, Exide batteries which is India's largest lead acid battery maker had formed a joint venture with Switzerland based Leclanch SA, which is one of world's leading energy storage solution company in June-19.
Automotive Lithium-Ion Battery Market Leaders
Panasonic Corporation
Hitachi Ltd.
Toshiba Corporation
Samsung SDI Co. Ltd.
LG Chem Ltd.
*Disclaimer: Major Players sorted in no particular order
