Lithium Werks
Lithium Werks, a Reliance New Energy subsidiary, manufactures cobalt-free Lithium Iron Phosphate cells (18650, 26650, 32140), custom packs, and battery management systems for stationary energy storage, industrial, marine, transportation, and medical customers worldwide.
- Company typePrivate
- Founded2017
- HeadquartersAustin, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Lithium Werks does
Lithium Werks B.V. is a Netherlands-domiciled, private subsidiary of Reliance New Energy Limited (a Reliance Industries subsidiary) that develops and manufactures Lithium Iron Phosphate (LFP) and Lithium Iron Magnesium Phosphate (LiFeMgPO4) battery cells, custom battery packs, and battery management systems (BMS). Founded in 2017 through the consolidation of Valence Technology and A123 Systems' industrial-division assets, the company has accumulated approximately 219 patents covering its LFP/LMFP chemistry, the proprietary Nanophosphate® cathode powder originally developed at MIT and commercialized via A123, and the Carbothermal Reduction (CTR) manufacturing process. Manufacturing is concentrated at the Changzhou, China electrode-coating and cell-assembly plants (IATF 16949:2016 and ISO 9001 certified) with additional capacity via distribution partner EVVA Technology's Huizhou facility, yielding roughly 200 MWh of annual production capacity.
The commercial product line spans cylindrical LFP cells in 18650, 26650, 18700, 21700, 26700, and 32140 formats, including the AER18650 energy cell (1.8Ah, 2,000+ cycles at 100% DOD) launched in March 2024. Revenue is generated through direct enterprise field sales and a channel-partner network covering Europe (Omnitron Griese GmbH), Asia (EVVA Technology, Endrich), and Türkiye/EMEA (Red Origin Technologies), serving stationary energy storage, industrial (AGVs and material handling), commercial marine, transportation, and medical-device end markets. Cobalt-free chemistry, long cycle life, and integrated BMS are the principal technical selling points; a five-year LFP cathode supply agreement with Johnson Matthey (effective April 2019) anchors raw-material sourcing.
In March 2022, Reliance New Energy Limited acquired substantially all assets of Lithium Werks BV for US$61 million, transferring the patent estate, China manufacturing footprint, customer contracts, and personnel into Reliance's broader new-energy initiative (which also includes Faradion's sodium-ion technology). The acquisition is positioned to support multi-gigawatt-hour-scale LFP manufacturing in India, while Lithium Werks continues to operate under the Lithium Werks and Reliance Lithium Werks brands from Hengelo (Netherlands HQ), Round Rock, Texas (US sales), and Asia coverage via distribution partners.
Lithium Werks firmographics
Firmographics- Name
- Lithium Werks
- Legal name
- Lithium Werks B.V.
- Website
- https://lithiumwerks.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Lithium Werks, a Reliance New Energy subsidiary, manufactures cobalt-free Lithium Iron Phosphate cells (18650, 26650, 32140), custom packs, and battery management systems for stationary energy storage, industrial, marine, transportation, and medical customers worldwide.
- Ownership category
- akta.pro rank
Lithium Werks industry classification
Industry- Product category
- Battery Manufacturing
- NAICS
- Battery Manufacturing (33591)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)
- akta.pro secondary industries
- Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Battery Pack Manufacturing & Module Assembly (EUAFABAI)
Keywords
Where Lithium Werks is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Lithium Werks business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Battery Cells and Packs Sales: Lithium Werks generates revenue through the sale of lithium iron phosphate battery cells (18650 and 26650 formats), custom battery packs and modules, and battery management systems. The company serves industrial, commercial marine, transportation, and stationary energy storage markets worldwide.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels3 records
Lithium Werks product offering
Product offeringCore offering
Lithium Werks manufactures and supplies lithium iron phosphate (LFP) battery cells in 18650 and 26650 formats, custom battery packs and modules, and battery management systems. The company serves stationary energy storage, industrial, commercial marine, and transportation markets using proprietary Nanophosphate® cathode powder and a Carbothermal Reduction (CTR) manufacturing process.
Differentiator
Problem solved
Functional benefit
Products and services
- 18650 Power Cells LFP cylindrical battery cells in 18650 format designed for high-power industrial, energy storage, transportation, and medical applications. Produced with proprietary Nanophosphate® chemistry for long cycle life and safety.
- 26650 Power Cells Larger-format LFP cylindrical battery cells in 26650 size offering higher capacity per cell for industrial, stationary, and transportation applications requiring long cycle life and inherent safety.
- AER18650 LFP Energy Cell Energy-optimized 18650 LFP cell rated at 1.8Ah delivering more than 2,000 cycles at 100% depth-of-discharge for long-life stationary storage, medical, and industrial applications. UL 1642 compliant and produced under IATF 16949 automotive quality processes.
- 32140 Energy Cells Larger-format 32140 LFP energy cell for high-capacity stationary energy storage and industrial applications requiring long cycle life and cobalt-free chemistry.
- Custom Battery Packs and Modules Bespoke battery pack and module solutions designed for OEMs and system integrators, integrating LFP cells and battery management systems for stationary, industrial, marine, and transportation applications.
- Battery Management Systems (BMS) Integrated battery management systems for monitoring and managing battery pack performance, safety, state-of-charge, and longevity across stationary, industrial, marine, and transportation deployments.
Quantifiable outcome
- AER18650 cell achieves 2000+ cycles at 100% Depth of Discharge (DOD)
- +1 more outcomes
Companies that use Lithium Werks
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles2 records
Lithium Werks technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Lithium Werks partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Johnson MattheycoreJohnson Matthey supplies Lithium Iron Phosphate (LFP) cathode materials to Lithium Werks under a five-year supply agreement. This partnership ensures a reliable supply of critical raw materials for manufacturing LFP battery cells.
- EVVA TechnologycoreEVVA Technology serves as Lithium Werks' Asian distribution partner and operates its own production capabilities in Huizhou, China. The partnership enables regional manufacturing and distribution of Lithium Werks battery products throughout Asia.
- EndrichminorEndrich distribution partnership covering Taiwan, Japan, South Korea, and China, extending Lithium Werks' market reach in the Asia Pacific region.
- Red Origin TechnologiesminorRed Origin Technologies serves as a distribution partner for Lithium Werks, covering the Turkey and broader Asia region.
- Omnitron Griese GmbHminorOmnitron Griese GmbH distributes Lithium Werks products in Europe, providing regional market coverage and customer support.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Lithium Werks competitors and assessment
Company assessmentBroad incumbents
- EnerSys: EnerSys is a global industrial battery and energy storage solutions provider with deep reach in material handling, stationary backup, and motive applications. It is comparable to Lithium Werks for industrial, UPS, and motive-power customers, though it spans multiple chemistries.
- BYD: BYD's vertically integrated battery operation produces LFP cells (Blade Battery) for its own vehicles and third-party customers. While primarily an EV OEM, its cell-manufacturing arm competes broadly with Lithium Werks in LFP chemistry.
- CATL (Contemporary Amperex Technology): CATL is the world's largest battery manufacturer with a dominant position in LFP cells for EVs and grid storage. While far larger and broader, it competes with Lithium Werks in the LFP cylindrical cell space and defines industry pricing.
Direct peers
- EVE Energy: EVE Energy is one of the world's largest LFP cylindrical cell manufacturers, with strong positions in 18650 and 26650 form factors for automotive, ESS, and industrial markets. It directly overlaps with Lithium Werks' product portfolio, chemistry (LFP), and customer segments.
- Lishen Battery: Lishen Battery is a major Chinese cylindrical and prismatic cell producer serving EVs, ESS, and industrial customers. It is comparable to Lithium Werks in LFP cell manufacturing for stationary energy storage and transportation use cases.
- CALB (China Aviation Lithium Battery): CALB is a leading Chinese LFP cell manufacturer supplying cylindrical and prismatic cells to EVs, energy storage, and industrial customers. It competes head-to-head with Lithium Werks in LFP cell technology and shares the same Chinese manufacturing footprint.
- A123 Systems (Wanxiang Group): A123 Systems, the originator of the Nanophosphate® cathode powder that Lithium Werks commercializes, is now part of Wanxiang. It is the closest chemistry/IP peer and a direct competitor in LFP cells for automotive, industrial, and energy storage applications.
Emerging players
- Northvolt: Northvolt is a European battery cell manufacturer pursuing LFP chemistries for EVs and grid storage. It is an emerging Western-aligned peer pursuing many of the same supply-chain, cobalt-free, and European industrial policy tailwinds as Lithium Werks.
- Lithion Power Group: Lithion Power Group acquired Lithium Werks' Valence module and BMS business in December 2020, making it a former sibling asset under Lithium Werks. It remains a competitor in custom battery packs and BMS for industrial customers.
Others
- Faradion: Faradion is a UK-based sodium-ion battery technology company acquired by Reliance Industries in 2022—the same transaction series that included Lithium Werks. As a sister company under Reliance's battery portfolio, it is technically a peer in the broader Reliance New Energy ecosystem despite a different chemistry.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Lithium Werks social profiles
Digital presenceLithium Werks financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lithium Werks leadership team
Management profileNumber of profiles
Profiles8 records
Lithium Werks funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lithium Werks M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lithium Werks
What does Lithium Werks do?
Lithium Werks manufactures and supplies lithium iron phosphate (LFP) battery cells in 18650 and 26650 formats, custom battery packs and modules, and battery management systems. The company serves stationary energy storage, industrial, commercial marine, and transportation markets using proprietary Nanophosphate® cathode powder and a Carbothermal Reduction (CTR) manufacturing process.
Is Lithium Werks a public or private company?
Lithium Werks is a private company. It is classified as corporate owned and is currently operating.
When was Lithium Werks founded?
Lithium Werks was founded in 2017. It employs 101 to 250 people.
Where is Lithium Werks based?
Lithium Werks is headquartered in Austin, United States, in the North America region.
How does Lithium Werks make money?
One revenue line is on record: battery Cells and Packs Sales.
Who are Lithium Werks's main competitors?
Broad incumbents on record are EnerSys, BYD and CATL (Contemporary Amperex Technology). Direct peers are EVE Energy, Lishen Battery, CALB (China Aviation Lithium Battery) and A123 Systems (Wanxiang Group). Emerging players are Northvolt and Lithion Power Group. Faradion is listed as an others.
Does Lithium Werks have an API?
No public API is recorded for Lithium Werks.
What industry is Lithium Werks in?
Lithium Werks's product category is Battery Manufacturing. Its primary akta.pro industry code is IMAGAHAA, Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH), with a secondary code of IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly). Its NAICS code is 33591 and its SIC code is 3600.