Battery electrolytes: Production
How three Chinese firms came to supply half of EVs
What this tab covers Who makes it and how much: world capacity and output, utilisation, the top producing countries and companies globally and in India, concentration, new capacity coming, and each region's position.| Measure | Figure | Detail | Source |
|---|---|---|---|
| World capacity | not published for electrolyte; LiPF6 capacity above 390 kt (2024) | Blending capacity is cheap to add; salt capacity is the bottleneck. Tinci said its electrolyte and LiPF6 lines were near full production in H1 2026. | Fairfield via HF tile; SMM (9 Jul 2026) |
| World output | 2.38 Mt electrolyte (2025) | China 2.21 Mt (over 90%). LiPF6 259 kt (China 245 kt). Solvents about 2.30 Mt (China 2.13 Mt). | HKEX document (Apr 2026) |
| Capacity utilisation | near full for leaders in 2026; low in 2024-mid 2025 | The 2023-25 slump took LiPF6 below cost; the late-2025 rebound restored utilisation and profits (Tinci H1 2026 profit up 908-1,020%). | SMM (9 Jul 2026); HKEX document |
| Concentration | China about 93% of electrolyte; Chinese suppliers 90.4% of EV electrolyte (Q4 2025); top-3 (Tinci, Capchem, BYD) 53% of EV electrolyte | Tinci 343 kt, Capchem 224 kt and BYD 215 kt of 1,475 kt EV installs in 2025 (derived share 53%). All top-ten electrolyte companies are Chinese. | SNE Research (Feb 2026); HKEX document (Apr 2026) |
| New capacity | 6.38 Mt electrolyte and 604 kt LiPF6 projected for 2030 | China projected at 5.50 Mt of electrolyte in 2030. Capchem and Tinci are adding plants near overseas cell clusters (indicative). Neogen and GFCL target Indian supply. | HKEX document (Apr 2026); EVreporter (Jan 2025) |
Top producing countries
China 92.8% · 2.21 Mt of 2.38 Mt electrolyte (2025)- South Korea: Enchem 56 kt and Soulbrain 34 kt of EV electrolyte; Korean suppliers 5.8% of EV electrolyte in Q4 2025
- Japan: Japanese suppliers 3.8% of EV electrolyte (Q4 2025); Mitsubishi Chemical/UBE (MU Ionic), Central Glass, Stella Chemifa and Kanto Denka in LiPF6 (indicative)
- United States and Europe: small; Korean and Chinese firms building near cell plants (indicative)
- India: Neogen about 2,000 t electrolyte (2025)
Largest producers: global
| Company | Country | Volume | Year | Source |
|---|---|---|---|---|
| Guangzhou Tinci Materials integrated into LiPF6; H1 2026 net profit RMB 2.7-3.0 billion expected | China | 343 kt EV electrolyte supplied | 2025 | SNE Research |
| Shenzhen Capchem up 77% in 2025; plants in Poland and US (indicative) | China | 224 kt EV electrolyte supplied | 2025 | SNE Research |
| BYD | China | 215 kt EV electrolyte supplied (captive) | 2025 | SNE Research |
| Guotai Huarong (GTHR) SNE abbreviation GTHR | China | 100 kt EV electrolyte supplied | 2025 | SNE Research |
| Enchem largest non-Chinese | South Korea | 56 kt EV electrolyte supplied | 2025 | SNE Research |
| Soulbrain also electronic wet chemicals | South Korea | 34 kt EV electrolyte supplied | 2025 | SNE Research |
| Do-Fluoride New Materials major LiPF6 and HF producer | China | not published | 2025 | HF tile (Fairfield 2025) |
Largest producers: India
| Company | Country | Volume | Year | Source |
|---|---|---|---|---|
| Neogen Chemicals targeting 30 kt a year of electrolyte salt and electrolyte capacity by end-2025, as reported | India | 2 kt/yr electrolyte (supports 3-4 GWh) | 2025 | EVreporter (Jan 2025) |
| Gujarat Fluorochemicals (GFCL) integrated HF and fluorspar user; capacity not verified in sources used | India | not published | 2025 | Indicative |
India imports nearly all electrolyte and LiPF6 embedded in imported cells; it has HF makers (Navin Fluorine, SRF, GFCL) but imports most acid-grade fluorspar and all lithium (HF tile; lithium tile).
Position by region
| Region | Position |
|---|---|
| US | Imports most LiPF6 and electrolyte; Korean and Chinese suppliers are building near US cell plants (indicative). |
| EU | Small local supply; PFAS restriction proposals target fluorinated additives and binders more than LiPF6 (indicative). |
| India | Near-total import dependence; Neogen and GFCL are the first movers. |
| China | About 93% of output and integrated from fluorspar to blended electrolyte. |
| Japan | Retains niche high-purity salts and additives (indicative). |
| Middle East | No meaningful production found. |