Sinovoltaics updates financial stability ranking of energy storage manufacturers

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From ESS News

Technical compliance consultancy Sinovoltaics, has published its latest Energy Storage Manufacturer Ranking Report 3Q2025, which tracks the financial stability of public battery-making companies based on Altman-Z Scores.

The report published by the Hong Kong-based company, which is available to download for free, covers 57 manufacturers, up from 55 in the previous edition. The scores are tracked over the period September 2022-June 2025 to provide insights into financial stability.

Two U.S.-based companies are in the top three this quarter, namely Tesla in first and Solid Power in third, with China’s Mustang Battery in the second spot.

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