Top 10: EV Supply Chain Vendors

Top 10 Electric Vehicle Supply Chain Vendors Include BYD, Nvidia, CATL, Siemens, LG Energy Solutions, Bosch, Tesla, Samsung SD, DENSO & ChargePoint

BYD

CEO: Wang Chuanfu
​​​​​​​BYD (Build Your Dreams) is a Chinese multinational that specialises in the development and manufacturing of clean energy and transportation solutions. At the start of 2024 BYD was confirmed as the largest seller of all-battery electric vehicles on the planet, outstripping Tesla for the first time since 2012.

It's known for producing a range of electric vehicles, including passenger cars, buses, trucks, and even electric forklifts. BYD also manufactures rechargeable batteries, and is seeking to electrify the Asian market. The company now has operations in the US and European markets. 

Nvidia

CEO: Jensen Huang
Nvidia started out in 1993 as a manufacturer of graphics processing units (GPUs), but is now one of the world’s most valuable businesses, having gained significant market share in high-end AI-capable chipsets.

Recently, the company announced that four Chinese electric vehicle brands will use its technology as the brains for automated driving systems. This underscores Nvidia’s determination to expand in China despite growing tension between Washington and Beijing.

CATL 
CEO
: Zeng Yuqun
CATL (Contemporary Amperex Technology Co Limited) is a Chinese company specialising in lithium-ion batteries and energy storage solutions. It provides some of the most sophisticated battery technologies globally and provides EV solutions for mining and construction as well as mainstream transport solutions. The firm is also driving port electrification and is heavily involved in developing EV infrastructure in Asia.

Siemens

CEO: Roland Busch
Siemens technology enables its customers to transform the industries that form the backbone of economies: industry, infrastructure, and transportation.

In the EV space, the company is one of the biggest players in both charging infrastructure and also in the manufacture of electric motors and power electronics.

Siemens also creates digital twin technology for EV manufacturers to plan and implement manufacturing processes for new lightweight designs and modular vehicle platforms.

LG Energy Solutions

CEO: Kim Dong-Myung
In September 2022, LG Energy Solutions received an order for EV batteries exceeding US$200bn and has become a key business to work with on the mass production of cars. 

The company offers more than just power solutions, providing the tech to manage battery systems and integrate them into vehicle bodies. LG Energy Solutions has established partnerships with various automotive manufacturers to provide batteries for their EV models.

Bosch 

Chairman: Stefan Hartung
Bosch is a German multinational engineering and technology company that was established in 1886 and whose specialties include automotive parts, power tools, security systems, home appliances, engineering, electronics, cloud computing, and IoT.

Bosch provides electric motors, power electronics, and inverters that are crucial for the propulsion system of electric vehicles. It also supplies control units and software for electric powertrains, for efficient power distribution.

Tesla

Director, EV Charging: Rebecca Tinucci
As well as being in the vanguard of EV manufacturing, Tesla is also a major charging infrastructure player. Its Supercharger network is a high-voltage direct current (DC) fast-charging network. The stations are deployed in three regions: Asia Pacific, North America and Europe. As of July 2023, Tesla was operating a network of 5,265 Supercharger stations with 48,000 connectors. 

Samsung SDI

CEO: Yoon Ho Choi
The battery development and renewable energy arm of Samsung is a critical player in the EV market.

With a 5% market share, the business marks the integration of automotive and technology as it provides customers with batteries for vehicles, as well as other electronic components. It specialises in lithium-ion batteries known for their high energy density, performance and reliability. 

DENSO

CEO: Koji Arima
DENSO develops and manufactures various auto parts, including hybrid vehicle components, electric drivetrain components, battery management systems and also charging infrastructure, including charging stations and connectors. It also manufactures thermal management systems, which regulate the temperature of EV components, and heat pumps that optimise EV performance and efficiency.

ChargePoint

CEO: Pasquale Romano
ChargePoint is the largest and most open EV charging network in the world, with more than 20,000 charging locations. It designs and manufactures a variety of charging stations, including wall-mounted units for homes, pedestal chargers for workplaces, and fast charging stations for public locations. ChargePoint works with automakers, utilities, and property owners to expand the charging infrastructure. 

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