KORE Power Competitors and Similar CompaniesClear all

CATL's competitors and similar companies include Northvolt and LG Energy Solution.
CATL
CATL
CATL (also known as Contemporary Amperex Technology, 宁德时代新能源科技股份有限公司) is a company that manufactures batteries.
Northvolt
Northvolt
Northvolt is a company that manufactures battery cells and systems, including lithium-ion, sodium-ion, and lithium-metal battery cells and integrated battery systems.
LG Energy Solution
LG Energy Solution
LG Energy Solution (주식회사 엘지에너지솔루션, LGES) is a company that provides energy solutions.
Founding Date
Founding Date
2011
Founding Date
2016
Founding Date
2020
Type
Type
Public
Type
Private
Type
Public
Tags
Locations
Locations
Ningde, CN HQ
Liyang, CN
Shanghai, CN
Xi’ning, CN
Yibin, CN
Zhaoqing, CN
Paris, FR
see more
Locations
Stockholm, SE HQ
Heide, DE
Fredrikstad, NO
Gdańsk, PL
Setubal, PT
Gothenburg, SE
Skellefteå, SE
see more
Locations
Seoul, KR HQ
Mulgrave, AU
Nanjing, CN
Nanjing, CN
Nanjing, CN
Sulzbach (Taunus), DE
New Delhi, IN
see more
Employees
Employees
185,83941% increase
Employees
1,9575% increase
Employees
12,405
Valuation ($)
Valuation ($)
153 b
Valuation ($)
12 b
Valuation ($)
N/A

Financial

Revenue (est.)
Revenue (est.)
¥404b (FY, 2025)
Revenue (est.)
$128.3m (FY, 2023)
Revenue (est.)
₩23.7t (FY, 2025)
Cost of goods
Cost of goods
¥312.4b (FY, 2025)
Cost of goods
$690.6m (FY, 2023)
Cost of goods
₩16.3t (FY, 2025)
Gross profit
Gross profit
¥108.5b (FY, 2025)
Gross profit
($562.3m) (FY, 2023)
Gross profit
₩9.6t (FY, 2025)
Net income
Net income
¥76.8b (FY, 2025)
Net income
($1.2b) (FY, 2023)
Net income
₩80.8b (FY, 2025)

Operating

Battery Systems Production Capacity, GWh
Battery Systems Production Capacity, GWh
154.3 (H1, 2022)
Battery Systems Production Capacity, GWh
N/A
Battery Systems Production Capacity, GWh
200 (FY, 2022)
Patents (Domestic)
Patents (Domestic)
4.6 k (H1, 2022)
Patents (Domestic)
N/A
Patents (Domestic)
8.6 k (FY, 2022)
Patents (Foreign)
Patents (Foreign)
835 (H1, 2022)
Patents (Foreign)
N/A
Patents (Foreign)
18.1 k (FY, 2022)

Funding

Total funding raised
Total funding raised
$ 2.8b
Total funding raised
$ 4.4b
Total funding raised
N/A
For sources of this data, please see the company profile

View Company Profiles

Northvolt
HQ
Stockholm, SE
Employees
1,957↑ 5% increase

Northvolt is a company that manufactures battery cells and systems, including lithium-ion, sodium-ion, and lithium-metal battery cells and integrated battery systems.

View company
LG Energy Solution
HQ
Seoul, KR
Employees
12,405

LG Energy Solution (주식회사 엘지에너지솔루션, LGES) is a company that provides energy solutions.

View company