7 Battery Products Business Success Stories [2024]

Updated: November 19th, 2023
Start A Battery Products Business

Here are some real life success stories of starting a battery products business:

1. Renogy ($39.2M/year)

Yi Li, founder of Renogy, came up with the idea for his renewable energy company during his Ph.D. studies in Physics. Through a research project related to alternative energy, he saw the potential of solar power to change the world and make a positive impact. He founded Renogy with the aim of making solar accessible and easy to understand for the average consumer, starting from his apartment and now generating $60 million in annual revenue.

How much they make: $39.2M/year
How much did it cost to start: $160K
Current team size: 45

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How I Started A $60M/Year Renewable Energy Company Specialized In DIY Solar Solutions

Renogy, a renewable energy company, founded by Yi Li, specializes in providing DIY solar solutions for everyday life and makes $60 million a year with a growing customer base through e-commerce platforms and partnerships with select social media users.

About
Yi started Renogy almost 14 years ago
Revenue
Yi grew the business to $3.27M/month
Costs
It cost Yi $160000 to start the business
Read by 15,081 founders

2. Amazon

Online shopping from the earth's biggest selection of books, magazines, music, DVDs, videos, electronics, computers, software, apparel & accessories, shoes, jewelry, tools & hardware, housewares, furniture, sporting goods, beauty & personal care, broadband & dsl, gourmet food & just about anything else.

How much they make:
Where they're located: Indianapolis, Indiana, USA
Current team size: 1
Website traffic: 2.65B/month

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So... can you actually make money with a battery products business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Apple

Where they're located: Memphis, Tennessee, USA
Website traffic: 438M/month

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5. Etsy

Etsy is the worldwide commercial center for exceptional and inventive merchandise. It's home to a vast expanse of uncommon, phenomenal things, from special hand-tailored parts of vintage treasures. Here, you can also get a wide collection of beautiful jewelry suitable for women of all ages.

Website traffic: 407M/month

article

So... can you actually make money with a battery products business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now