Tianneng Battery Group

What Tianneng Battery Group does

Tianneng Battery Group (天能电池集团股份有限公司, SSE: 688819) is one of China's largest battery manufacturers, founded in 1986 and headquartered in Changxing, Zhejiang Province. Its core business is power batteries for electric light vehicles — electric bicycles, mopeds, motorcycles, and tricycles — serving leading domestic OEMs including Aima (爱玛), Yadea (雅迪), Xinri (新日), Tailang (台铃), Zongshen (宗申), and Luyuan (绿源), alongside a nationwide dealer network and an aftermarket channel of nearly 90,000 stores. The company employs 10,000+ people across 60+ subsidiaries and 10 production bases in five provinces, generating RMB 45.79 billion in 2025 estimated revenue with RMB 1.591 billion in estimated net profit attributable to shareholders.

The company's competitive position rests on a diversified multi-chemistry technology portfolio spanning lead-acid (the foundational business, including proprietary micro-nano lead-carbon and graphene-enhanced T3 Graphene series), lithium-ion (M3 series, GB43854-compliant), sodium-ion (Tiansodium / 天钠), hydrogen fuel cells (350W systems with 30-second swap for shared bicycles), and solid-state / semi-solid-state batteries (Panshi / 磐石, Xingchen / 星辰, Maidong / 脉动 series). Tianneng has invested heavily in next-generation chemistries, with solid-state prototypes achieving 300-400 Wh/kg energy density and the Panshi series delivering 20% higher energy density and 50% longer cycle life versus conventional two-wheeler lithium batteries. The portfolio is complemented by energy storage systems (microgrid, liquid-cooled, residential) and a closed-loop recycling platform (Qiandou / 铅蛋) covering 24 provinces with 99%+ metal recovery rates.

Tianneng monetizes through three primary streams: (1) hardware sales of batteries to OEMs and through the dealer/aftermarket network (lead-acid remains the largest revenue contributor), (2) integrated energy storage solutions and microgrid systems for telecom (ZTE), grid, data center, and residential customers, and (3) battery recycling and regenerated materials revenue via the Qiandou digital platform. Go-to-market combines direct OEM sales, a tiered dealer network (共贏商), exclusive e-commerce partnerships (Tmall for Ju'anhxin, JD.com for the Fuqi Qianshang plan), and emerging international channels (Vietnam assembly at full capacity; Malaysia 1GWh AIDC project; Philippines 100MW+ solar-storage consortium; Pakistan ACM Group partnership). The company has secured AAA credit rating (first in Huzhou for a private enterprise) and is co-hosting IEC international standards seminars on EU Battery Law and battery passports, signaling regulatory leadership ambitions.

Name

Tianneng Battery Group

Legal name

天能电池集团股份有限公司

Website

https://cn-tn.com

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Tianneng Battery Group is a leading Chinese battery manufacturer specializing in power batteries for electric light vehicles, energy storage, and emerging applications such as drones and robotics. Its diversified multi-chemistry portfolio spans lead-acid, lithium-ion, sodium-ion, hydrogen fuel cells, and solid-state batteries, serving OEMs, dealers, and energy storage customers across China and select Southeast/South Asian markets.

Ownership category

akta.pro rank

Product category

Battery Manufacturing

NAICS

Battery Manufacturing (33591)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Refuse Systems (4953)

akta.pro primary industry

Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)

akta.pro secondary industries

E-Mobility Batteries & Swappable Packs (Consumer) (CRACASAI), Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Automotive Batteries & 12V/Low-Voltage Energy Storage Manufacturing (IMACAJAJ), Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid) (EUAMALAE), Collection, Logistics & Reverse Supply Chain (Transport, Sorting, Tracking) (EUAFACAA), Testing, Grading & State-of-Health (SoH) Diagnostics (EOL Assessment, Certification) (EUAFACAH)

Keywords

• Lead-acid batteries
• Lithium-ion batteries
• Solid-state batteries
• Energy storage systems
• Battery recycling services

Headquarters

HQ city

Changxing

HQ country

China

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Battery manufacturing and sales: Primary revenue from manufacturing and selling various types of batteries including lead-acid power batteries for electric light vehicles, lithium batteries, sodium batteries, and hydrogen fuel cells. Revenue from product sales through OEM, replacement market, and direct channels
2. Energy storage system solutions: Integrated energy storage solutions including microgrid storage, distributed smart power supply, system integration, engineering construction providing turnkey solutions to customers
3. Battery recycling and regeneration (铅蛋平台): Digital platform '铅蛋' for waste battery recycling providing comprehensive service, achieving closed-loop management from recycling to regeneration. Revenue from recycled materials and processing services

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Tianneng Battery Group manufactures and sells a diversified portfolio of batteries spanning lead-acid, lithium-ion, sodium-ion, hydrogen fuel cell, and solid-state chemistries, primarily serving electric light vehicles (electric bicycles, mopeds, motorcycles, tricycles), automotive start-stop systems, industrial electric vehicles, energy storage systems (communications, grid, microgrid, residential), and emerging applications (drones, robotics). The company also provides integrated energy storage system solutions and operates the digital 「铅蛋」 platform for waste battery recycling, completing a full production-to-regeneration lifecycle offering.

Product overview

Tianneng Battery Group is a comprehensive battery manufacturer offering multi-technology battery solutions across lead-acid, lithium-ion, sodium-ion, hydrogen fuel cell, and solid-state battery chemistries. The product portfolio centers on lead-acid batteries (including T3 Graphene, A6, Huiyuan, and other sub-brands) as the core foundational business, complemented by rapidly growing lithium battery products (M3 Series) and emerging solid-state battery solutions (「磐石」, 「星辰」, 「脉动」 series). The company also provides integrated energy system solutions including green power battery systems for transportation and industrial applications, microgrid and smart energy storage solutions, and the digital 「铅蛋」 recycling platform enabling full-lifecycle management of battery assets. The overall architecture is organized as a multi-technology, multi-application portfolio spanning from consumer-grade electric vehicle batteries to grid-scale energy storage systems, unified by a '铅锂氢钠+固态' (lead-lithium-hydrogen-sodium-solid-state) technology strategy.

Differentiator

Problem solved

Functional benefit

Brands

• 汇源: Sub-brand for battery products, including 汇源电池, 汇源金刚 virtual mascot character
• 天聚
• 天钠
• 磐石
• 聚安芯
• 铅蛋
• 星石/星辰/脉动

Products and services

• Lead-Acid Battery Series (T3 Graphene, A6, Huiyuan, Juhuineng variants) Multi-variant lead-acid battery family serving electric light vehicles (electric bicycles, mopeds, motorcycles, tricycles), industrial vehicles (forklifts, AGV), and automotive start-stop applications across 12Ah-33Ah capacity configurations in 48V/60V/72V formats. Different sub-series target different performance and price segments for OEMs and replacement-market buyers.
• Lithium Battery Series (M3 Series, GB43854-compliant) Lithium-ion battery products for light electric vehicles, energy storage, 3C electronics, and backup power applications, including the M3 series with GB43854 compliance certification for electric bicycles and other two-/three-wheeled low-speed power and industrial uses.
• Sodium Battery Series (「天钠」/Tianna) Sodium-ion battery products offering cold resistance and thermal adaptability for automotive start-stop and industrial power applications where rapid large-current discharge and high reliability are required.
• 「磐石」 (Panshi) Semi-Solid-State Battery Series

Quantifiable outcome

• Battery cycle life improved by 30%+ through proprietary long-life battery technology
• +6 more outcomes

Named customers14 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

29 partnerships are on record, tiered core, minor and major.

• 菲律宾企业联合体 (Philippines Enterprise Consortium)coreStrategic or Co-development Partner · 26 May 2026Strategic cooperation for solar storage projects in the Philippines with first phase at 100MW level. Partnership includes CS First Green and other leading companies to focus on distributed energy and microgrid applications. Tianneng provides microgrid energy storage solutions.
• 京东 (JD.com)coreGTM or Marketing Partner · 16 May 2026Launch of '赋启千商' plan through JD.com to create transparent battery pricing and traceable product quality, directly reducing survival space for black market batteries. Partnership combines online-offline multi-channel distribution.
• 盛昊 (Shenghao)minorGTM or Marketing Partner · 16 May 2026Strategic cooperation for brand development and market expansion in the light electric vehicle battery market.
• 新日 (Xinri)minorGTM or Marketing Partner · 16 May 2026Strategic cooperation with Xinri Electric Vehicle for lithium battery products and market development.
• 图灵科技 (Turing Technology)minorStrategic or Co-development Partner · 16 May 2026Strategic cooperation for technology innovation and application development in electric vehicle batteries.
• 天猫 (Tmall)coreGTM or Marketing Partner · 29 April 2026Strategic cooperation for new retail model combining online ordering with offline fulfillment. Tianneng leverages Tmall's digital tools and traffic to expand online channels and accelerate digital transformation of the battery industry. The partnership focuses on brand building, digital marketing, and channel optimization.
• IEC/TC21 国内技术对口单位 (沈阳蓄电池研究所)majorStrategic or Co-development Partner · 22 April 2026Co-hosted IEC international standards seminar on EU Battery Regulation and retired battery recycling. Partnership for international standards development and China battery industry global governance.
• IEEE PES储能技术委员会废旧电池回收分委会majorStrategic or Co-development Partner · 22 April 2026Co-hosted IEC international standards seminar. Partnership for standards development in battery recycling and circular economy.
• 中国汽车技术研究中心minorStrategic or Co-development Partner · 22 April 2026Expert from China Automotive Technology and Research Center presented on international standards development at IEC seminar.
• 首驱科技 (Shouqu Technology)majorStrategic or Co-development Partner · 29 March 2026Strategic cooperation for intelligent two-wheel mobility using solid-state and lead-based battery technologies. Shouqu Technology is an independent brand within the Dreame Technology ecosystem, focusing on AI+two-wheel technology applications for smart mobility.
• 宁波新途智能科技 (Ningbo Xintu Smart Technology)minorStrategic or Co-development Partner · 27 March 2026Strategic cooperation focusing on E-Bike and electric scooter power needs, launching high-safety, long-range products to promote solid-state battery technology from 'usable' to 'easy to use'.
• 胤丰科技 (Yinfeng Technology)minorStrategic or Co-development Partner · 27 March 2026Strategic cooperation in E-Bike and electric scooter market with focus on solid-state battery applications for short-distance mobility.
• 广东愿景控股集团 (Guangdong Vision Holding)minorStrategic or Co-development Partner · 27 March 2026Strategic cooperation for hydrogen fuel cell applications in shared cycling scenarios. Partnership aims to promote hydrogen shared electric bicycle model in more cities for zero-carbon city construction.
• 天津伟达空间科技 (Tianjin Weida Space Technology)minorStrategic or Co-development Partner · 27 March 2026Strategic cooperation for hydrogen fuel cell applications in shared cycling. Hydrogen shared electric bicycles can achieve full lifecycle zero-carbon emissions, reducing approximately 150kg carbon per vehicle annually.
• 星逻智能 (Skysight Intelligence)majorStrategic or Co-development Partner · 12 March 2026Strategic cooperation for solid-state battery applications in drones. Starlu intelligent focuses on UAV intelligence systems. Partnership aims to accelerate solid-state battery from specific scenario application to large-scale implementation.
• 齐元机器人 (Qiyuan Robotics)majorStrategic or Co-development Partner · 12 March 2026Strategic cooperation for solid-state battery applications in robotics. Qiyuan Robotics specializes in robot technology development. Partnership leverages solid-state battery technology for embodied intelligence applications.
• 天宏锂电 (Tianhong Lithium)minorStrategic or Co-development Partner · 12 March 2026Strategic partnership for solid-state battery cooperation in new energy applications. Part of the five-company signing ceremony for solid-state battery ecosystem development.
• 凯歌新能源 (Kaige New Energy)minorStrategic or Co-development Partner · 12 March 2026Strategic partnership for solid-state battery cooperation in new energy applications. Part of the five-company signing ceremony for solid-state battery ecosystem development.
• VCI Global Limited (VCIG)coreStrategic or Co-development Partner · 22 January 2026Strategic cooperation to build 1GWh AIDC photovoltaic energy storage power station in Malacca, Malaysia. Project uses 'EPC+F' (design, procurement, construction + financing) model to create green energy benchmark project for Southeast Asia. First phase planned for ~600 acres with 250MW solar power.
• 港华能源 (Hong Kong China Gas Energy)majorStrategic or Co-development Partner · 4 December 2025Strategic partnership in energy storage business. Hong Kong China Gas Energy is a key customer in Tianneng's rapidly expanding energy storage business.
• 中兴通讯 (ZTE)majorStrategic or Co-development Partner · 4 December 2025Strategic cooperation for communication backup power systems. Tianneng developed 100Ah/150Ah home storage and communication products becoming ZTE's qualified supplier for base station and power cabinet backup power.
• ACM Group (Pakistan)majorStrategic or Co-development Partner · 8 September 2025Strategic cooperation to advance high-performance battery technology and application scenario innovation in two/three-wheel power and energy storage fields. Also共建 battery recycling and green circular management system. ACM Group is Pakistan's largest battery manufacturer with over 50% local market share.
• 林肯 (Lincoln)majorStrategic or Co-development Partner · 1 December 2024Strategic partnership for automotive battery supporting Lincoln sedan, achieving breakthrough in supporting equipment. Partnership includes deep collaboration in technology R&D, product innovation, and market expansion.
• 爱玛电动车 (Aima)majorChannel Partner/ Reseller/ DistributorMajor electric bicycle OEM manufacturer and brand partner. Long-term partnership for supply of power batteries.
• 雅迪电动车 (Yadea)majorChannel Partner/ Reseller/ DistributorMajor electric bicycle OEM manufacturer and brand partner. Long-term partnership for supply of power batteries.
• 新日电动车 (Xinri)majorChannel Partner/ Reseller/ DistributorMajor electric bicycle OEM manufacturer and brand partner. Long-term partnership for supply of power batteries.
• 台铃电动车 (Tailang)majorChannel Partner/ Reseller/ DistributorMajor electric bicycle OEM manufacturer and brand partner. Long-term partnership for supply of power batteries.
• 绿源电动车 (Luyuan)majorChannel Partner/ Reseller/ DistributorMajor electric bicycle OEM manufacturer and brand partner. Long-term partnership for supply of power batteries.
• 宗申电动车 (Zongshen)majorChannel Partner/ Reseller/ DistributorMajor electric tricycle and vehicle manufacturer and brand partner. Long-term partnership for supply of power batteries.

Scale indicators28 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• CATL (Contemporary Amperex Technology): CATL is the world's largest battery manufacturer, dominant in EV cells and aggressively expanding into energy storage and solid-state. As the dominant Chinese battery incumbent, it sets the technology, price and scale benchmark against which Tianneng's diversification strategy (including sodium-ion and solid-state) must compete.
• BYD Company: BYD is an integrated EV and battery maker with its own Blade Battery LFP cells and growing energy storage business. Comparable to Tianneng through its automotive battery program (including start-stop and now ESS) and its vertical-integration model, though BYD is vastly larger and EV-vehicle-anchored.
• Gotion High-Tech (国轩高科): Gotion is a large Chinese lithium-iron-phosphate (LFP) battery maker with automotive OEM customers, energy storage systems, and Volkswagen-backed solid-state ambitions. While materially larger than Tianneng on lithium and more automotive-OEM oriented, it is an incumbent benchmark for both legacy LFP economics and Tianneng's solid-state ambitions.

Direct peers

• Coslight Technology (光宇国际集团): Coslight is a Chinese battery manufacturer with lead-acid and lithium-ion products for telecom backup, electric vehicles, and energy storage — directly comparable to Tianneng's lithium M3 series and 3C/communication backup lines. Both companies serve telecom operators and industrial backup-power customers (Coslight notably supplies battery packs cited alongside Tianneng's ZTE partnership).
• Camel Group (骆驼集团): Camel is a leading Chinese lead-acid battery manufacturer specializing in automotive start-stop and replacement-market batteries, with growing lithium-ion capacity. Comparable to Tianneng in serving Chinese OEMs and the aftermarket, with similar exposure to lead-acid-to-lithium transition risk and to Chinese new energy vehicle growth.
• Chilwee Group (超威集团): Chilwee is the most direct head-to-head competitor to Tianneng in China's e-bike/light electric-vehicle lead-acid and lithium-ion power battery market, with overlapping OEM customer base (Yadea, Aima, etc.) and similar nationwide distribution model. Both companies share the same chemistry diversification strategy (lead-acid + lithium + sodium) targeting the same low-speed mobility segments.
• EVE Energy (亿纬锂能): EVE Energy is a major Chinese lithium battery manufacturer serving consumer electronics, e-mobility, and energy storage with multi-chemistry capability including emerging solid-state and sodium-ion bets. It is one of Tianneng's closest public comparables in scale and application breadth, especially around the energy storage and two-wheeler battery product overlap.

Emerging players

• Faradion (Reliance New Energy / Natron Energy competitor in sodium-ion): Faradion is a UK-based sodium-ion battery IP developer later acquired by Reliance, pursuing low-cost sodium-ion cells for mobility and stationary storage. It is a relevant emerging-player comparable for Tianneng's 「天钠」 sodium-ion battery series in automotive start-stop and industrial power applications.
• SVOLT Energy (蜂巢能源): SVOLT is an emerging Chinese battery maker focused on cobalt-free and high-nickel cells, with serious solid-state and short-blade cell programs aimed at the EV market. It is a relevant emerging-player comparable for Tianneng's solid-state and premium lithium cell roadmap, though with greater automotive-OEM focus.
• WeLion New Energy (卫蓝新能源): WeLion is a leading Chinese solid-state battery startup with NIO-backed commercialization for semi-solid-state packs. As a more pure-play solid-state competitor, it represents a focused peer to Tianneng's 「磐石」/「星辰」/「脉动」 solid-state series in targeting drones, robots, and electric motorcycles.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about Tianneng Battery Group