(SeaPRwire) – NEW YORK, May 28, 2026 — Research institute EVTank, in partnership with the Ivey Economic Research Institute, has released its 2026 White Paper on the Development of China’s Cylindrical Battery Industry. The report states that global cylindrical battery shipments reached approximately 14.2 billion cells in 2025, with volumes expected to hit 18.98 billion cells by 2030 as demand for large cylindrical batteries continues to rise. In the simultaneously published 2025 Global Cylindrical Battery Shipments Ranking, BAK Battery has once again secured a spot among the world’s top ten manufacturers—a repeated achievement that confirms the company’s ongoing competitive strength.
The cylindrical battery sector is undergoing rapid and extensive expansion. While adoption deepens across digital consumer electronics, smart mobile terminals, and two-wheelers, large cylindrical batteries are also gaining significant traction in the new energy vehicle industry. The advancement of high-power technologies and the widespread adoption of lithium iron phosphate (LFP) chemistry have become key trends in the sector. Within the consumer segment, power tools and backup battery unit (BBU) applications continue to see strong growth, while the two-wheeler and portable power bank categories are undergoing structural adjustments in response to the New National Standard and accelerating technological substitution. Competitively, established overseas players are losing market share as domestic Chinese manufacturers strengthen their global presence with increasing momentum.
Against this backdrop, BAK Battery has steadily enhanced its market position through a focused dual-strategy approach encompassing technological innovation and strategic capacity deployment. As a leading representative of China’s cylindrical battery industry, the company maintains a diverse product portfolio spanning high-growth verticals including power tools, BBUs, and the low-altitude economy—delivering consistent, reliable performance that has earned it broad recognition across global markets. Its consecutive top-ten rankings globally serve as credible validation of BAK Battery’s comprehensive industrial capabilities.
Dedicated to long-term leadership, BAK Battery will continue to increase investment in research and development, boost its product competitiveness, and solidify its position at the forefront of the industry—making an effective contribution to the high-quality development of China’s cylindrical battery sector.
Media Contact:
Company: Shenzhen BAK Power Battery Co., Ltd
Contact Person: Mingxiao Zhang
E-mail: mingxiao.zhang@bak.com.cn
Website: www.bakpower.com
Telephone: +86 18837176083
Photos accompanying this announcement can be accessed at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2a3aa34d-f964-4fe7-9c8d-b94cb448db62
https://www.globenewswire.com/NewsRoom/AttachmentNg/5aa31d5a-14fd-49c7-b0fd-fc5b2055ac2b
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