Hybrid EV Battery Companies
These companies develop hybrid electric vehicle (HEV) batteries, which combine electric and internal combustion power sources to improve fuel efficiency and reduce emissions.
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*Disclaimer: List of key companies in no particular order
Latest Company Updates:
November 2023
Aiming to develop next-generation hybrid systems and establish a battery pack factory in Korea, South Korean automaker KG Mobility (formerly SsangYong Motor Company) recently signed strategic agreements with the BYD Group as part of its reorganization towards environmentally conscientious vehicles.
Battery packs made in Korea will be used in the Torres EVX, the company's new BEV pickup, which will go into mass production in the second half of 2024, as well as in other relevant vehicle models, according to the agreement. Â
The company is dedicated to advancing electric vehicles (EVs), which are a key component of the company's next-generation growth strategy. This close technical cooperation with BYD—a company well-known for its extraordinary technological know-how in EV battery technology—aims to ensure the long-term, sustainable growth of the business.
January 2023
Toyota Motor Manufacturing Turkey (TMMT) in Sakarya, roughly 150 km east of Istanbul, is set to produce the second generation Toyota C-HR. The new Toyota C-HR is set to become the first plug-in hybrid passenger car to be produced in Turkey, and it will be offered in both hybrid and plug-in hybrid variants. Furthermore, Toyota Motor Europe's TMMT facility will be the first to have a battery production line and to begin manufacturing plug-in hybrid cars.
Together with the hybrid model, the newly designed plug-in hybrid Toyota C-HR with locally built batteries will broaden Toyota's array of technological offerings as it works towards its goal of having all of its vehicle models in Europe produce zero CO2 emissions by 2035.
Top listed global companies in the industry are:
- Toshiba Corporation (Japan)
- LG Chem (South Korea)
- Samsung Sdi Co. Ltd (South Korea)
- Panasonic Corporation (Japan)
- Saft (France)
- GS Yuasa International Ltd. (Japan)
- BYD Co. Ltd. (China)
- Contemporary Amperex Technology Co., Ltd. (China)
- Hitachi Ltd. (Japan)
- Nissan Motor Corporation (Japan)
- Exide Industries Ltd. (India)
- A123 Systems LLC (US), and others.
Hybrid EV Battery Market Highlights:
Hybrid EV Battery Market Highlights:
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