Is there a stock that makes electric vehicle batteries?

Yes. There are many stocks for companies that make electric vehicle batteries. Some companies specializing in EV batteries include Panasonic, QuantumScape, and Solid Power.

What is the best EV stock to buy?

The best EV stock to buy will depend on your goals and risk tolerance. If you want to buy an automaker, you could invest in a company like BYD, the leading manufacturer of electric vehicles. If you're more interested in the companies benefiting from the shift to electric vehicles, you could invest further up the supply chain. Companies like Albemarle supply the raw components for EV batteries, and Panasonic produces the batteries themselves.

Who is the leading EV battery supplier?

Contemporary Amperex Technology Limited, commonly known as CATL, is the largest EV battery supplier in the world. The China-based company's batteries accounted for 37% of the market share in the first half of 2024, and it supplies batteries to popular automakers, including Tesla, BMW, Toyota, and Honda.

What are the top 3 EV stocks?

The top EV stocks depend on your goals and risk tolerance. For automakers, BYD is the leader in electric vehicle manufacturing. Further up the supply chain, lithium supplier Albemarle makes a good investment, and battery supplier Panasonic could also be a great choice.

Is it a good time to invest in EV battery stocks?

The market for EV battery stocks is broad and ranges from material and component suppliers to auto manufacturers to pure-play battery makers. Some EV battery stocks may present good value right now relative to their growth opportunity, while others may seem overpriced. Whether now is a good time to buy will depend on the individual stock's value, outlook, and your risk tolerance.

Are EV battery stocks part of the clean energy sector?

Electric vehicles are widely considered a clean energy alternative to vehicles using internal combustion engines. The environmental benefits of EV batteries outweigh the costs.

Are EV battery stocks profitable right now?

EV battery stocks cover a wide range of companies. Some of them are already profitable, mostly supported by additional businesses, including auto manufacturing. Some are pre-revenue, merely producing prototypes of new EV battery technologies.

Should I invest in individual EV battery stocks or ETFs?

The EV battery industry is set to keep growing as more automakers expand their electric vehicle lineups. That should support steady growth among EV stocks. If you want to dig into individual companies or target a specific part of the industry, such as EV battery makers or lithium miners, you may be able to find great companies trading at fair prices. An ETF focused on the EV industry can offer broader exposure, but it may charge a hefty fee.

Best Electric Vehicle (EV) Battery Stocks to Buy in 2026

By Adam Levy – Updated Mar 11, 2026 at 10:23 PM EST | Fact-checked by Frank Bass

Key Points

Invest in EV battery producers to benefit from rising electric vehicle demand.
Focus on well-positioned companies like Tesla and BYD, leaders in EV and battery tech.
Consider market trends and government incentives affecting the EV battery sector.

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Ticker Information Table
Name and ticker	Market cap	Dividend yield	Industry
Tesla (NASDAQ:TSLA)	$1.5 trillion	0.00%	Automobiles
Toyota Motor (NYSE:TM)	$209.8 billion	1.62%	Automobiles
Honeywell International (NASDAQ:HON)	$135.6 billion	2.17%	Industrial Conglomerates
BYD (OTC:BYDDF)	$103.2 billion	4.89%	Automobiles
Li Auto (NASDAQ:LI)	$12.0 billion	0.00%	Automobiles
Albemarle (NYSE:ALB)	$18.3 billion	1.04%	Chemicals
Panasonic (OTC:PCRFF)	$54.6 billion	1.11%	Household Durables
QuantumScape (NASDAQ:QS)	$4.7 billion	0.00%	Auto Components
Solid Power (NASDAQ:SLDP)	$661.5 million	0.00%	Auto Components

Data as of Jun 7, 2026. Showing 9 of 9 total entries.

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NASDAQ: TSLA

Tesla

Today's Change

(-6.56%) $-27.45

Current Price

$391.00

Key Data Points

Market Cap

$1.5T

Day's Range

$388.59 - $424.68

52wk Range

$281.85 - $498.83

Volume

63.4M

Avg Vol

59.7M

Gross Margin

19.07%

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NYSE: TM

Toyota Motor

Today's Change

(-1.30%) $-2.34

Current Price

$177.16

Key Data Points

Market Cap

$210B

Day's Range

$176.16 - $179.23

52wk Range

$167.18 - $248.90

Volume

750.6K

Avg Vol

409.8K

Gross Margin

16.72%

Dividend Yield

1.62%

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Toyota (TM -1.30%) is already one of the world's leading car manufacturers, but it trails the competition when it comes to electric vehicles. The Japanese company's plan to catch up involves in-house battery manufacturing and technology development.

It acquired its battery joint venture with Panasonic (OTC:PCRF.F) in early 2024, now called Toyota Battery, and plans to ramp up fully electric vehicle production to 1 million units by 2030. The company is developing solid-state battery technology, which it plans to start commercial production of in 2027. Solid-state batteries could provide owners with several benefits, including extended range and faster charging.

It's a challenge many smaller companies are working on. However, Toyota has the advantage of a well-established, profitable auto manufacturing business to offset the cash drag of the development process. If Toyota becomes a full-fledged EV battery manufacturer, it's well-positioned to make it a profitable endeavor through integration with its popular vehicles.

3. Honeywell International

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NASDAQ: HON

Honeywell International

Today's Change

(-1.69%) $-3.67

Current Price

$213.97

Key Data Points

Market Cap

$136B

Day's Range

$213.00 - $218.99

52wk Range

$186.76 - $248.18

Volume

4.9M

Avg Vol

4.1M

Gross Margin

38.06%

Dividend Yield

2.17%

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You might know the Honeywell (HON -1.69%) name because it designed your home thermostat, but Honeywell does a lot more than make simple air conditioning (AC) systems for single-family homes. It designs safety systems for commercial buildings, avionics systems for commercial airlines and the military, and systems to automate safety and efficiency in various work environments.

Honeywell doesn't design EV batteries itself. Instead, it uses its expertise in safety automation to make them safer. Battery manufacturers can incorporate Honeywell's technology into their battery packs to help prevent fires. Honeywell's systems can detect thermal runaway by sensing off-gassing or particulate matter, providing ample time for a driver to stop the car and seek repairs before a battery fire.

While the battery safety business is only a tiny part of Honeywell, the growing trend toward battery-only vehicles provides an ample runway for growth in the segment.

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OTC: BYDDY

BYD Company

Today's Change

(-3.35%) $-0.39

Current Price

$11.26

Key Data Points

Market Cap

$41B

Day's Range

$11.25 - $11.50

52wk Range

$11.20 - $18.33

Volume

1.7M

Avg Vol

1.8M

Gross Margin

23.94%

Dividend Yield

1.63%

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BYD (BYDDY -3.35%) is an integrated EV company based in China, and it's one of the world's most valuable automakers. It manufactures and sells hybrid and battery-powered cars, buses, trucks, and monorails, as well as the batteries, semiconductors, and other components used in its EVs.

BYD's EVs are top sellers in China and Europe. It's the leading global manufacturer of battery electric vehicles and plug-in hybrids by a wide margin, consistently selling more than double the number of its closest competitor. As a fully integrated EV company, its battery business is benefiting from brisk sales.

5. Li Auto

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NASDAQ: LI

Li Auto

Today's Change

(-2.57%) $-0.38

Current Price

$14.20

Key Data Points

Market Cap

$12B

Day's Range

$14.07 - $14.49

52wk Range

$14.06 - $32.02

Volume

164K

Avg Vol

Gross Margin

15.91%

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Li Auto (LI -2.54%) is a Chinese auto manufacturer specializing in plug-in hybrid EVs, which offer a combustion backup to their battery-powered engine. This allowed it to scale its battery pack production earlier than many competitors, giving it a cost advantage. Li still sources its battery cells from third parties, including China's Contemporary Amperex Technology Limited (CATL), and its cost advantage is eroding as other competitors scale.

Li launched its first battery-only vehicle in 2024. The Mega minivan received a lukewarm reception, as did Li's second pure-electric vehicle, the i8 (a full-size SUV). The company continues to release new vehicles for the battery-only lineup, but finding its market has been difficult.

6. Albemarle

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NYSE: ALB

Albemarle

Today's Change

(-6.16%) $-10.21

Current Price

$155.44

Key Data Points

Market Cap

$18B

Day's Range

$155.13 - $163.38

52wk Range

$55.90 - $221.00

Volume

1.8M

Avg Vol

Gross Margin

18.53%

Dividend Yield

1.04%

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OTC: PCRFF

Panasonic

Today's Change

(-4.14%) $-1.01

Current Price

$23.40

Key Data Points

Market Cap

$55B

Day's Range

$23.40 - $24.00

52wk Range

$9.25 - $25.00

Volume

Avg Vol

19.9K

Gross Margin

31.40%

Dividend Yield

1.11%

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Japanese conglomerate Panasonic is a large producer of EV batteries and has been a partner and supplier of Tesla for many years. The two companies first entered into a supply agreement in 2009. Although Panasonic is no longer Tesla's exclusive battery supplier, the company continues to produce a high volume of batteries for the EV carmaker via its gigafactory joint venture.

Panasonic co-located its North American battery production facility in Nevada with Tesla's massive Gigafactory 1 and expanded there in 2021 by installing a new production line. In 2025, it started production in its new Kansas City factory, one of the largest facilities in North America.

Panasonic's supplier relationship with Tesla may not last forever. It's working to expand its supplier relationships, including a deal with Lucid (LCID -9.95%) at the end of 2022. It also inked deals with Subaru (FUJHY -3.37%) and Mazda (OTC:MZDA.Y) in 2024.

The battery maker remains well-positioned to supply EV batteries to all the major automakers that have unveiled grand plans to produce EVs. While Panasonic isn't a pure-play EV battery company, it's likely to remain a leader in the sector.

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8. LG Energy Solution

LG Energy Solution is the third-largest EV battery supplier in the world. The Korean company works with global automakers in the U.S., Japan, and Korea.

The company is aggressively expanding its production capacity to benefit from economies of scale in the highly commoditized EV battery industry. Management is targeting 30 GWh of capacity by the end of 2026, up from 17 GWh at the end of 2025.

The company has effectively pivoted as it ramps up capacity, but EV demand declines in the United States. Its Michigan expansion began operations in the summer of 2025. Instead of producing EV batteries, it produced storage cells, which can be used in AI data centers. When EV production picks back up, it can retool its systems to support growth in EV batteries.

In the meantime, it continues to invest in R&D to improve battery technology, focusing on features such as faster charging speeds that could help differentiate its product.

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9. QuantumScape

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NASDAQ: QS

QuantumScape

Today's Change

(-15.53%) $-1.41

Current Price

$7.67

Key Data Points

Market Cap

$4.7B

Day's Range

$7.50 - $8.87

52wk Range

$4.16 - $19.07

Volume

29.4M

Avg Vol

19.6M

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QuantumScape (NYSE:QS) is developing solid-state battery technology to increase EV range and enable faster charging. The U.S. company is just beginning to test its battery technology at scale. It plans to start producing more than 200,000 batteries annually, although it currently doesn't generate any revenue.

QuantumScape is spending heavily to bring its technology to market. The company delivered its first prototype battery samples to EV automakers in 2022. Testing has gone well, with its auto manufacturing partners impressed with the performance. It has since signed three major commercial deals, one with Volkswagen, one with PowerCo, and one with another unnamed auto manufacturer to license its technology.

Although QuantumScape believes its balance sheet is strong enough to cover several more years of development and testing, investing in the company is risky. It's pre-revenue, and management doesn't expect to generate meaningful commercial sales until late 2026 or 2027.

Ultimately, if its technology fails or is a commercial flop, QuantumScape's stock could become worthless. Still, this is a promising EV battery company with immense growth potential if its research and development (R&D) efforts come to fruition.

10. Solid Power

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NASDAQ: SLDP

Solid Power

Today's Change

(-11.45%) $-0.38

Current Price

$2.94

Key Data Points

Market Cap

$661M

Day's Range

$2.90 - $3.23

52wk Range

$1.46 - $8.86

Volume

6.6M

Avg Vol

6.3M

Gross Margin

-4091.68%

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EV battery stock FAQ

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About the Author

Adam Levy is a contributing Motley Fool stock market analyst covering technology, consumer, and financial stocks and how policy, economic, and consumer trends shape personal finance, Social Security and retirement savings. Before The Motley Fool, Adam was a financial advisor at Edward Jones. He studied finance and electrical engineering at Carnegie Mellon University.

TMFnCaffeine

@admlvy

Adam Levy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Honeywell International and Tesla. The Motley Fool recommends BYD Company, General Motors, and Volkswagen Ag. The Motley Fool has a disclosure policy.

Best Electric Vehicle (EV) Battery Stocks to Buy in 2026

Key Points

Key Data Points

Key Data Points

3. Honeywell International

Key Data Points

Key Data Points

5. Li Auto

Key Data Points

6. Albemarle

Key Data Points

Key Data Points

8. LG Energy Solution

9. QuantumScape

Key Data Points

10. Solid Power

Key Data Points

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EV battery stock FAQ

Is there a stock that makes electric vehicle batteries?

What is the best EV stock to buy?

Who is the leading EV battery supplier?

What are the top 3 EV stocks?

Is it a good time to invest in EV battery stocks?

Are EV battery stocks part of the clean energy sector?

Are EV battery stocks profitable right now?

Should I invest in individual EV battery stocks or ETFs?

Top electric vehicle battery stocks to consider

1. Tesla

2. Toyota Motor

4. BYD

8. LG Energy Solution

9. QuantumScape

Related investing topics

FAQ

Key Data Points

Key Data Points

Key Data Points

Key Data Points

Key Data Points

Key Data Points

Key Data Points

Key Data Points

5. Li Auto

6. Albemarle

7. Panasonic

Benefits and risks of investing in EV battery stocks

How to choose EV battery stocks

How to invest in EV battery stocks

Future outlook for the EV battery industry

3. Honeywell International

10. Solid Power