According to a new “Leaderboard report” from Navigant Research, LG Chem and Samsung SDI lead the Li-ion grid storage market in terms of strategy and execution.
"LG Chem and Samsung SDI, both based in South Korea, have market-leading businesses for the electric vehicle and consumer electronics markets, which has created a foundation allowing for economies of scale through manufacturing," says Anissa Dehamna, principle research analyst with Navigant Research. "Both companies have positioned themselves as global manufacturers and can offer consistently low prices for quality Li-ion cells."