![]() 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 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 (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 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 |

Northvolt is a company that manufactures battery cells and systems, including lithium-ion, sodium-ion, and lithium-metal battery cells and integrated battery systems.
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LG Energy Solution (주식회사 엘지에너지솔루션, LGES) is a company that provides energy solutions.
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