Company Overview
About Hithium
Hithium (Xiamen Hithium Energy Storage Technology Co., Ltd.) is a Xiamen, China-based manufacturer of lithium-ion battery cells and systems for stationary energy storage applications. Founded in 2019 and backed by substantial Chinese strategic investment, Hithium has rapidly scaled to become one of the top global suppliers of utility-scale, commercial, and industrial battery energy storage systems (BESS). The company specializes in LiFePO4 (lithium iron phosphate) chemistry — prized for its safety, cycle life, and thermal stability — and manufactures its own cells as well as complete BESS solutions including enclosures, BMS, and EMS.
Business Model & Competitive Advantage
Hithium ranked Top 2 globally in both total energy storage battery shipments and utility-scale BESS shipments for full-year 2025, as the global energy storage cell market grew 94.6% year-on-year to 612 GWh. In March 2025, Hithium submitted a listing application to the Hong Kong Stock Exchange (HKEx) for an initial public offering, with Huatai International, CITIC Securities, ABC International, and Bank of China International as joint sponsors. The IPO process encountered delays in Q3 2025 after a lawsuit from competitor CATL required a re-submission.
Competitive Landscape 2025–2026
Hithium made major product announcements in 2025, including the ∞Power8 — a 6.9 MW/55.2 MWh system representing the world's first native 8-hour long-duration energy storage solution — and the ∞Cell 1300Ah, the highest-capacity dedicated 8-hour storage cell available. The company also launched a lithium-sodium hybrid storage system targeting AI data center applications. Hithium's international project portfolio includes a 600 MWh project in Texas, projects in Hungary, and Europe's first grid-forming storage installation.
Key Differentiators
Market Leader
Hithium is recognized as a market leader in the Climate & Energy sector, demonstrating strong industry presence and customer trust.
Frequently Asked Questions
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