Highpower International

What Highpower International does

Highpower International, founded in 2002 and headquartered in Shenzhen, China, is a vertically integrated developer and manufacturer of rechargeable batteries and clean energy solutions, operating today through its Shenzhen-listed entity Shenzhen Highpower Technology Co., Ltd. (SZSE: 001283) after its 2019 going-private from NASDAQ. The company's core technology rests on a four-tier Integrated Product Development framework covering forward-looking research, advanced materials (POM, separators, coated layers), electrolyte chemistry, and platform/product design, supported by over 1,000 R&D personnel and 960 authorized patents (including 190 invention patents) as of mid-2025, with CNAS-accredited test facilities equipped with 6,000+ test machines.

Its product portfolio is structured around a Cell, Pack, System architecture spanning Li-ion/Li-polymer batteries (high-voltage high-energy-density variants up to 4.50V, fast charge, high/low temperature, high rate, and high safety sub-lines), Ni-MH rechargeable batteries (including ultra-ready-to-use and wide-temperature variants), energy storage systems (314Ah liquid-cooled packs, 5MWh+ system solutions), customized battery systems and power stations, and a battery recycling/re-utilization division for closed-loop material recovery. Manufacturing is distributed across four sites — Shenzhen (HQ), Huizhou, Ganzhou, and Vietnam Exquisite Power Technology Company Limited (established 2024) — with sales/marketing entities in Hong Kong, New York, and San Diego.

The company sells via a direct B2B OEM-embedded model, targeting Fortune 500 enterprises and the top 10-20 brands in each vertical through quote-based contracts, with no public list pricing. Its customer base spans 3C consumer electronics and wearables, smart home/robotic vacuums, light electric vehicles (60V/96V packs for Southeast Asian motorcycles), AR hardware (post-2025 strategic cooperation and AR Alliance membership), e-cigarettes/vaping, smart medical devices, energy storage, and HEV/PHEV bus power cells. Revenue was $75.8M in Q2 2019 with a 24.2% gross margin prior to going private; the entity has since continued expansion with sustained trade show presence (57+ events documented) and ESG/quality recognition including ZTE's 2025 Best Quality Performance Award and 2025 Huizhou Green Factory designation.

Name

Highpower International

Legal name

Shenzhen Highpower Technology Co., Ltd. (深圳市豪鹏科技股份有限公司)

Website

https://highpowertech.com

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Highpower International is a Shenzhen-based vertically integrated rechargeable battery manufacturer (Li-ion, Ni-MH, ESS) supplying customized cells, packs, and energy storage systems via OEM partnerships to Fortune 500 brands across consumer electronics, AR hardware, LEVs, e-cigarettes, medical, and industrial markets globally.

Ownership category

akta.pro rank

Product category

Battery Manufacturing

NAICS

Battery Manufacturing (33591), Battery Manufacturing (335910)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Battery Pack Manufacturing & Module Assembly (EUAFABAI)

akta.pro secondary industries

Battery Management Systems (BMS) & Pack Electronics Manufacturing (EUAFABAJ), Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA), Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Battery Packs & Energy Storage for Micromobility Manufacturing (IMACAOAE), Batteries & Battery Packs (Rechargeable/Primary, Device-Specific Packs) (CRACATAG), Collection, Logistics & Reverse Supply Chain (Transport, Sorting, Tracking) (EUAFACAA)

Keywords

• Rechargeable battery manufacturing
• Lithium-ion battery cells
• Nickel-metal hydride batteries
• Energy storage systems
• Custom battery pack design

Headquarters

HQ city

Guangdong

HQ country

China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Rechargeable Battery Cell & Pack Sales (Li-ion and Ni-MH): Primary revenue stream from sale of Li-ion and Ni-MH rechargeable battery cells and packs across 3C consumer electronics, smart wearables, personal care, smart home, e-cigarettes, LEV, energy storage, and medical device applications. Net sales of $75.8M in Q2 2019 (lithium business $62.3M).
2. Customized Battery Pack Design Solutions (Battery Solutions / OEM power solutions): Customized mechanical design and development of battery pack solutions for OEM customers (smart vacuum, PHEV/EV bus, AR hardware, etc.), including tailored power cell supply contracts (e.g., $4M in 2017 and $15M projected in 2018 from smart vacuum partnerships; estimated $12.0M from Yipeng PHEV/EV cell supply in 2017).
3. Energy Storage System (ESS) Sales: Sales of energy storage system solutions including cells, packs, and full stationary storage systems (residential and portable power stations, 314Ah liquid-cooled packs).
4. Battery Recycling & Re-Utilization: Recycling and resource recovery for used batteries as a dedicated product line ("Dedicate to green circulation industry chain").
5. Battery Management Systems (BMS): Sale of battery management systems bundled with battery solutions for industrial and energy storage applications.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels7 records

Core offering

Highpower designs, manufactures, and markets rechargeable Ni-MH and Li-ion/Li-polymer battery cells and packs, customized battery pack solutions, and complete Energy Storage Systems (including 314Ah liquid-cooled packs) for OEM brand customers worldwide. The product portfolio covers the full chain from cell chemistry to pack/system integration, supported by an in-house battery recycling line, and is delivered across consumer electronics, smart wearables, light electric vehicles, AR hardware, e-cigarettes, medical devices, and stationary storage applications.

Product overview

Highpower International (operating as Shenzhen Highpower Technology Co., Ltd., SZSE: 001283) is a vertically integrated clean energy solutions provider founded in 2002, organized as a platform-plus-modules portfolio. The core platform is its in-house R&D and manufacturing capability (over 1,000 R&D personnel and 960+ authorized patents as of June 30, 2025,), which feeds five integrated product lines: Li-Ion / Li-Polymer Rechargeable Batteries (including High-Voltage High-Energy-Density, Fast Charge, High/Low Temperature, High Rate, and High Safety variants), Ni-MH Rechargeable Batteries (general, RTU, Ultra RTU, High Rate, Wide Temperature, High/Low Temperature), the Energy Storage Battery Solution (ESS) covering cell, 314Ah Liquid-Cooled Battery Pack, and a 5MWh-class Energy Storage System Solution, Battery Systems (customized pack design and Power Station), and Battery Recycling & Re-Utilization. These product lines are unified by the company's "Cell, Pack, System" architecture (referenced on the homepage) and delivered as application-tuned solutions across Laptop/Tablet, Smartphone, Smart Wearable, Bluetooth Speaker, Personal Care, Robotic Cleaner, UAV, Smart Medical, LEV (e-bike / electric motorcycle with 60V/96V packs), Garden Tools, Handheld Device, Smart Security, Vehicle Backup Power, Solar Street Lamp, AR hardware (per the AR Alliance membership and strategic AR cooperation), and HEV/PHEV power battery segments.

Differentiator

Problem solved

Functional benefit

Brands

• Highpower Technology: Commercial brand used on the official website (highpowertech.com) for the operating entity Shenzhen Highpower Technology Co., Ltd.

Products and services

• Li-Ion / Li-Polymer Rechargeable Batteries Rechargeable Li-ion and Li-polymer battery cells and packs offered in variants including general type, high voltage & high energy density (4.40V-4.50V), fast charge, high/low temperature, high rate, and high safety. Targeted at OEMs of laptops/tablets, smartphones, smart wearables, Bluetooth speakers, personal care, robotic cleaners, and industrial devices.
• Ni-MH Rechargeable Batteries Rechargeable Ni-MH battery cells offered in general type, ready-to-use, ultra-ready-to-use, high rate, wide temperature, and high/low temperature variants. Targeted at consumer market (lighting, solar street lamps, garden tools) and industrial applications.
• Energy Storage Battery Solution (ESS) Cell, pack, and complete-system energy storage solutions including the 314Ah Liquid-Cooled Battery Pack and a 5MWh-class Energy Storage System Solution for grid-scale, commercial, and residential stationary storage deployments.
• Battery Systems (Customized Pack Design & Power Station) Customized battery pack mechanical design and development services for OEM customers, plus complete Power Station products and Energy Storage Systems. Includes tailored power solutions such as the smart vacuum robot battery partnership (~$4M in 2017, ~$15M projected in 2018).
• Battery Recycling & Re-Utilization Dedicated product line for battery material recovery and re-utilization of used batteries, supporting closed-loop recycling of Li-ion and Ni-MH chemistries as part of the green circulation industry chain.
• HEV/PHEV Lithium-ion Power Battery HEV/PHEV lithium-ion power battery system with national-level approval in China, targeted at electric vehicle (EV) and plug-in hybrid applications including electric buses. Originally supplied under the Huizhou Yipeng partnership (~$12.0M 2017 cell supply agreement for over 2,000 PHEV and EV bus power cells).
• 314Ah Liquid-Cooled Battery Pack Industrial-grade 314Ah liquid-cooled battery pack designed for stationary energy storage system deployments, providing large-format cell capacity with active thermal management.

Quantifiable outcome

• Q2 2019 net sales increased 16.8% to $75.8M from $64.9M, with lithium business up 28.4%.
• +6 more outcomes

Named customers4 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Nine partnerships are on record, tiered flagship, core and minor.

• AR Alliance (division of SPIE)flagshipStrategic or Co-development Partner · 27 March 2026Hong Kong Highpower International Co. joined the AR Alliance in March 2026 as one of twelve new member companies. Highpower Technology is the first Chinese enterprise specializing in R&D and manufacturing of lithium batteries for AR hardware to join the alliance, aimed at co-defining energy standards for next-generation AR devices and harmonizing approaches for the global AR supply chain.
• Global leading AR technology enterpriseflagshipStrategic or Co-development Partner · 20 February 2025Highpower Technology passed the customer's strict supply chain audit in February 2025. The two parties will carry out in-depth cooperation around energy solutions for the next generation of AR hardware devices, marking recognition of Highpower's new energy innovation strength by international AR brands.
• Vietnam Exquisite Power Technology Company LimitedcoreOEM/ Whitelabel/ Licensing Partner · 23 May 2024Vietnam-based overseas production subsidiary established/invested by Highpower Technology as part of its global production strategy to expand business beyond China and offer personalized products/services to customers worldwide (especially Southeast Asia).
• Mr. Jie Wang, Ph.D. (Stanford University)minorOthers · 18 October 2017Mr. Jie Wang, Ph.D. joined Highpower International's Board as independent director in October 2017, replacing Mr. Xinhai Li. Dr. Wang is Stanford University's executive director of the Stanford Center for Sustainable Development and Global Competitiveness, providing expertise in intelligent infrastructure, smart manufacturing, and smart cities.
• Mr. Xinhai Li (Central South University)minorOthers · 18 October 2017Independent director who stepped down in October 2017 to focus on his academic roles as professor of new energy materials at Central South University and Chairman of Jiangxi H-zone Lithium Technology and Jiangxi Xuli Mining; served on Highpower's board since 2008.
• Huizhou Yipeng Energy Technology Co., Ltd. (Yipeng)coreStrategic or Co-development Partner · 28 July 2017Strategic long-term partner for power cell supply. July 2017 supply agreement for over 2,000 PHEV and EV bus power cells (~$12.0M for remainder of 2017). Highpower also received RMB 71.0 million (~$10.5M) from the Yipeng equity transfer transaction; remaining Yipeng stake is 4.65%.
• Industry-leading smart vacuum appliance brands (Europe and U.S.)coreStrategic or Co-development Partner · 14 July 2017Two strategic partnership agreements signed July 2017 with industry-leading appliance brands from Europe and the U.S. to develop and supply power solutions for high-end smart vacuum robots. Expected ~$4M revenue in 2017 and ~$15M in 2018, with three new vacuum models in design for 2018 launch.
• Highpower America Inc. (New York subsidiary)coreChannel Partner/ Reseller/ Distributor · 1 April 2010New York-based subsidiary of Hong Kong Highpower founded in April 2010 to adapt to U.S. market development requirements and serve North American customers.
• Central South University, Harbin Institute of Technology, South China University of Technology, Southern University of Science and TechnologycoreStrategic or Co-development PartnerHighpower has forged partnerships with these four renowned universities to pioneer breakthroughs in new materials and technologies. Active joint research on SEI, overcharging, DCR simulation and analysis, all-solid-state lithium-ion batteries, and lithium-metal batteries to provide theoretical foundations and facilitate industrialization of research outcomes.

Scale indicators13 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Murata Manufacturing: Japanese electronic-components conglomerate with a substantial battery business (small Li-ion, coin cells, micro-batteries) used in wearables, IoT, hearing aids and medical devices. Comparable to Highpower's high-quality consumer Li-ion and micro-cell applications.
• Gotion High-Tech: Chinese Li-iron-phosphate-focused battery maker serving EVs, energy storage and commercial applications. Overlaps with Highpower in ESS cells/packs and large-format stationary storage product lines.
• CATL (Contemporary Amperex Technology): Largest global Li-ion battery maker, dominant in EV power cells and a major ESS player. Competes with Highpower indirectly via large-format ESS cells and Chinese cell-pricing dynamics that set the marginal cost curve for the entire industry.
• BYD: Vertically integrated Chinese EV and battery conglomerate producing Li-iron-phosphate cells, packs and complete vehicles. Competes broadly with Highpower in ESS (using LFP cells) and supplies consumer/industrial battery packs at scale.

Direct peers

• BAK Battery: Chinese Li-ion battery manufacturer producing cylindrical and pouch cells for consumer electronics, e-bikes and power tools. Directly comparable to Highpower's mid-format Li-ion and Ni-MH cell portfolio and OEM customer model.
• Sunwoda Electronic: Shenzhen-based Li-ion battery maker serving smartphones, wearables, power tools, EVs and ESS. Overlaps directly with Highpower on consumer Li-ion cell supply, customized pack design, and OEM/embedded customer base.
• Greatpower Energy (Shanghai Greatpower): Shanghai-headquartered Li-ion and Ni-MH rechargeable battery maker focused on consumer electronics, wearables, toys and power tools. Directly overlaps with Highpower's Li-ion/Li-polymer and Ni-MH product families for OEM/brand customers.
• Coslight Technology: China-based battery group producing Li-ion, Ni-MH and Ni-Cd cells plus battery packs for consumer, industrial, telecom and ESS applications. Comparable to Highpower's broad rechargeable chemistry and pack portfolio.
• EVE Energy: Chinese Li-ion cell manufacturer producing Li-ion batteries for consumer electronics, IoT, LEV and ESS applications. Closely comparable to Highpower across Li-ion cell chemistries, ESS (including large-format cells), and OEM/embedded supply model.

Regional players

• Tianneng Power International: China-listed battery group strong in LEV (e-bike) and Ni-MH/lead-acid chemistries with growing ESS exposure. Comparable to Highpower's LEV battery solutions and Ni-MH heritage, particularly across Asian two-wheeler markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/highpowerHPJ
• LinkedInlinkedin.com/company/highpower-international-inc.

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Highpower International