Lithium Battery Production By Country: Top 5 Countries

3. Hungary

Share of global lithium-ion battery manufacturing capacity in 2021: 4%

A Hungarian minister said that South Korean company W-Scope will open its first European plant in Hungary, and it will make 1.2 billion square meters of separator film for electric car batteries. CATL, the world’s largest battery supplier, plans to build Europe’s largest battery plant in Hungary which would be enough to power over 200,000 electric vehicles. The plant will achieve a capacity of 14 GWh. 

Samsung SDI and SK Innovation are giant players in battery manufacturing and both companies have their plants in Hungary. Samsung’s battery plant has a production capacity of 50,000 electric vehicle batteries per year. SK Innovation’s plant in Hungary is capable of making 250,000 batteries for electric vehicles due to demand from the Volkswagen Group.