SVOLT Revenue, Valuation, Funding & Investors

Sunwoda Electric Vehicle Battery is a provider of lithium-ion battery pack solutions for electric vehicles, leveraging proprietary battery management systems and automated production lines for cell sorting, module assembly, and pack integration. The company supplies new energy vehicle manufacturers with high-safety packs designed for passenger cars and commercial fleets.

Farasis Energy is a global lithium-ion battery manufacturer producing power systems for electric vehicles, energy storage grids, and commercial applications. The company operates production facilities in China and the United States with partnerships including BMW for automotive battery supplies. Farasis Energy supplies high-energy-density cells addressing transportation electrification and renewable grid integration needs.

QuantumScape Corporation is an American company that researches and develops solid-state rechargeable lithium metal batteries for use in electric cars. It was founded in 2010 and is headquartered in San Jose, California, employs around 850 people. Major investors include Volkswagen Group and Bill Gates.

SK on is a Seoul-headquartered battery maker producing prismatic and pouch lithium-ion cells for electric vehicles from its Gwangmyeong and Seosan plants. Spun off from SK Innovation in 2021, it supplies packs to Ford Mustang Mach-E and Hyundai Ioniq 5. The company advances 46-series cells with NCM cathodes and partners with Solid Power on solid-state tech. SK on targets 200 GWh capacity by 2025.

Yinlong Group (Zhuhai Yinlong New Energy) is a Chinese manufacturer of new energy buses, including battery hybrid zero-emission models. The company has ranked among the top producers of buses over 7 meters in length in China's new energy vehicle market. Gree Electric became Yinlong's controlling shareholder in 2021 after acquiring a majority stake through a judicial auction.

Ola Electric Mobility Ltd is a pure EV player in India and is building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. The company manufactures EVs and certain core EV components like battery packs, motors and vehicle frames at the Ola Futurefactory. Its business focuses on capturing the opportunity arising out of electrification of mobility in India and it also seeks opportunities to export its EVs in select international markets in the future.

StoreDot is a Herzliya-headquartered battery innovator specializing in extreme fast-charging lithium-ion cells for electric vehicles and consumer electronics. Its silicon-dominant anodes enable 80% charge in five minutes at room temperature. The company licenses technology to partners like VinFast for automotive integration. Founded in 2012, StoreDot has demonstrated prototypes at CES and secured partnerships with TDK for mobile applications using organic compound electrodes.

Eos Energy Enterprises Inc designs develop, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial & industrial (C&I) applications. The solutions are used in the utility sector, the renewable energy sector, and the industrial sector. It's flagship product Eos Znyth is a stationary battery energy storage system.

Amprius Technologies Inc is engaged in the production of silicon anodes for high-energy-density lithium-ion batteries. The company develops, manufactures and markets lithium-ion batteries for mobility applications, including the aviation, electric vehicle (EV) and light electric vehicle (LEV) industries. The company's batteries are used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.

T1 Energy Inc is an energy solutions provider building an integrated U.S. supply chain for solar and batteries. The group manufactures and sells photovoltaic (PV) solar modules in the United States for U.S. customers.

LG Energy Solution is the third-largest battery maker for electric vehicles with about 11% global share in 2024, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for more than 60% of total revenue in 2024. LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem’s battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland, and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai, and Stellantis.

CATL, headquartered in Ningde, Fujian Province, is a global leading battery manufacturer founded in 2011. The company specializes in the development and production of lithium-ion batteries for EVs and energy storage systems. CATL is the largest EV battery manufacturer in the world and leads the industry in innovative battery technology development for higher-energy density and safety, longer battery service life and super-fast charging. CATL is also involved in the manufacturing of cathode and other related battery materials. Through its subsidiary Brunp, it works with customers to create a closed-loop battery life cycle from production, application, to recycling.

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Joby Aviation Inc is a transportation company developing an all-electric, vertical take-off and landing (eVTOL) air taxi for commercial passenger service. Its Joby eVTOL aircraft is designed to transport a pilot and up to four passengers or an expected payload of up to 1,000 pounds at speeds of up to 200 mph. The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge. The company is also developing an app-based platform to build and operate an aerial ridesharing service powered by a network of eVTOL aircraft that it will manufacture and operate. It has one operating and reportable segment, namely flight services. Currently, the company generates all of its revenue from flight services provided to the Department of Defense in the United States.

Redwood Materials is a Sparks-headquartered battery recycling company founded in 2017 that recovers over 95 percent of critical materials like lithium, nickel, and cobalt from end-of-life electric vehicle batteries and manufacturing scrap. Operating a closed-loop facility in Nevada, it supplies refined metals to battery producers such as Panasonic and Ford while deploying second-life energy storage systems. The company processes thousands of tons monthly, reducing reliance on virgin mining.

Ecopro BM Co Ltd is engaged in the development and production of secondary battery materials like precursors and cathode materials. Its products are used in electric vehicles, electric energy storage systems, uninterruptible power supply, smart grids, and ones for aerospace, medical and military purposes.

Ecopro Co Ltd is engaged in the battery materials business, mainly serving the lithium-ion battery industry. The company operates through two reportable segments: Battery Materials business and Other business. The Battery Materials business segment focuses on cathode materials, the core components used in lithium-ion batteries, and also covers precursors, lithium, and recycling activities related to the cathode materials business.

Smart is an automotive brand producing compact urban vehicles under a joint venture between Mercedes-Benz Group and Geely, with manufacturing in Hambach, France, and Bovisio-Masciago, Italy. The company offers the smart fortwo coupe, cabriolet, and forfour models, enhanced by BRABUS tuning packages that boost engine output to 109 horsepower from the standard 91-horsepower rear-mounted electric or gasoline powertrains. BRABUS variants feature 18-inch alloy wheels, lowered sports suspension, and exclusive leather interiors in the Xclusive trim. Launched in 1998, Smart vehicles emphasize rear-engine layout for tight parking maneuvers and city navigation across Europe, North America, and Asia.