This report describes the global market size of Electric Vehicle (EV) Battery Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 10.10% from 2023 to 2030.
An electric vehicle (EV) battery is a rechargeable energy storage device designed to power the electric propulsion system of an electric vehicle. It stores electrical energy in a chemical form and releases it to drive an electric motor, which, in turn, propels the vehicle. The development and efficiency of electric vehicle batteries play a crucial role in the performance, range, and overall viability of electric vehicles.
Top Companies in the Global Electric Vehicle (EV) Battery Market: Contemporary Amperex Technology Co., Ltd. (CATL), LG Energy Solution, BYD Company Ltd., Panasonic Corp., Samsung SDI Co., Ltd., SK Innovation Co., Ltd., Toshiba Corporation, EnerSys, Inc., Hitachi, Ltd., Mitsubishi Corp., others.
The Electric Vehicle (EV) Battery market can be divided based on product types and its sub-type, major applications and Third-Party usage area, and important regions.
By Battery Type Lithium-Ion Battery
Lead-Acid Battery
Others (Solid-state Battery, Nickel-Metal Hydride, Sodium-ion Battery)
By Propulsion Type
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)
By Vehicle Type Two-Wheeler
Passenger Cars
Buses
Commercial Light Duty Vehicles
Three-Wheeler
Four-Wheeler
Others (Trucks, Trailers)
Regional Analysis for Electric Vehicle (EV) Battery Market:
North America (USA, Canada and Mexico) Europe (Germany, Great Britain, France, Italy, Russia, Spain and Benelux countries) Asia Pacific (China, Japan, India, Southeast Asia, and Australia) Latin America (Brazil, Argentina and Colombia) Remaining Countries
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