조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년01월
EV Battery Market – Global Forecast to 2033
EV 배터리 시장 : 배터리 유형 (납산, 리튬 이온, 나트륨 이온, 니켈 수소, SSB), 추진력 (BEV, PHEV, ECEV, HEV), 배터리 형식, 차량 유형, 재료 유형, 배터리 용량, 방법, 리튬 이온 배터리 구성 요소 및 지역 별 – 2033년까지의 세계 예측
EV Battery Market by Battery Type (Lead-acid, Li-ion, Na-ion, NiMH, SSB), Propulsion (BEV, PHEV, ECEV, HEV), Battery Form, Vehicle Type, Material Type, Battery Capacity, Method, Li-ion Battery Component and Region – Global Forecast to 2033
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Report Overview
The global EV battery market is projected to grow from USD 132.6 Billion in 2023 to USD 508.8 Billion by 2033, registering a CAGR of 14.1%.
세계 EV 배터리 시장은 2023년 1,326억 달러에서 2033년까지 5,088억 달러로 성장해 14.1%의 CAGR을 기록할 것으로 예측되고 있습니다.
As concerns about climate change and air pollution mount, people are increasingly turning to EVs as a cleaner and more sustainable alternative to gasoline-powered vehicles. This surge in demand for EVs is naturally driving up the demand for EV batteries. Further, Battery technology is constantly evolving, with researchers making significant strides in improving range, lifespan, and charging times. These advancements are making EVs more practical and appealing to consumers, further fueling the market for EV batteries.
“Prismatic form to hold largest market share during the forecast period.”
Prismatic cells represent a more compact form of cylindrical cells, with the internal layers of the anode, cathode, and separators being folded into a cubic or flattened spiral form. This gives it a more compact structure. The battery contents are held together by a casing made of aluminum or plastic. Although prismatic cells have relatively less energy density (20–50% less than cylindrical cells), prismatic cells offer better space utilization. Prismatic cells can be costlier to manufacture than cylindrical cells despite being jelly-rolled due to large surface areas and a more complicated process of rolling inside layers. CATL, BYD, and Samsung SDI are major manufacturers of prismatic cells. For instance, in October 2023, Samsung SDI announced the company had clinched a supply deal for electric vehicle batteries with Hyundai Motor Company for the first time. Samsung SDI will supply prismatic batteries for Hyundai Motor’s EVs, targeting the European market for seven years from 2026 through 2032. This development will increase the demand for urban transit trains during the forecast period.
“By material lithium segment is expected to lead the market during the forecast period.”
Lithium is a necessary component in the cathodes of lithium-ion batteries. Continuous advancements in battery technology, aiming for improved energy density and efficiency, frequently entail the use of more lithium or the development of variations such as lithium iron phosphate (LFP) batteries. Moreover, A global effort is underway to invest in lithium production and processing capacity. South America (especially Chile, Argentina, and Bolivia), Australia, and parts of North America are all heavily involved in lithium mining and extraction. In 2022, companies based in China nearly doubled their investment in minerals. This higher energy density, which improves the vehicle range, is a critical factor in their widespread adoption. The demand for lithium will be primarily driven by the high demand for lithium-ion batteries that are used in BEVs. In November 2023, Exxon Mobil Corporation announced plans to become a leading producer of lithium, a key component of EV batteries. The company has started the first phase of North American lithium production in southwest Arkansas, an area known to hold significant lithium deposits. The product offer will be branded as Mobil™ Lithium, building on the rich history of deep technical partnership between Mobil and the automotive sector. Thus, with the rising demand for EVs, increasing mining activities for lithium, and significant investments by OEMs and battery manufacturers, the demand for lithium is likely to grow significantly.
“Europe to be the fastest growing market for EV battery during the forecast period.”
OMEs in Europe are investing heavily in domestic battery production. The goal is to achieve self-sufficiency and reduce reliance on Asian battery giants. Several gigafactories are being planned and constructed across the continent, creating thousands of jobs and boosting the European economy. Major automakers, tech companies, and private investors are pouring billions of euros into the European EV battery market, recognizing its immense potential. This influx of capital is accelerating innovation and production, further propelling the market’s growth. Moreover, Electric vehicle demand in Europe is constantly increasing. Consumers are becoming more ecologically concerned, and they are looking for environmentally friendly transportation solutions. Automobile manufacturers have responded by extending their electric car portfolios, resulting in increased demand for EV batteries.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
• By Company Type: OEMs – 57%, Tier I – 29%, Tier II– 14%,
• By Designation: CXOs – 54%, Directors– 32%, Others– 14%
• By Region: North America– 29%, Europe – 38%, Asia Pacific– 33%
The EV battery market is dominated by established players such as CATL (China), LG Energy Solution Ltd. (South Korea), BYD Company Ltd. (China), Panasonic Holdings Corporation (Japan), and SK Innovation Co., Ltd. (South Korea). These companies manufacture battery and develop new technologies. These companies have set up R&D facilities and offer best-in-class products to their customers.
Research Coverage:
The Market Study Covers the EV Battery Market By Battery Type (Lead-Acid, Lithium-Ion, Solid-State, Nickel-Metal Hydride, Sodium-Ion, and Others), By Lithium-Ion Battery Component (Positive Electrode, Negative Electrode, Electrolyte, and Separator), By Propulsion (Battery Electric Vehicle (BEV), Plug-Hybrid Electric Vehicle (PHEV), And Fuel Cell Electric Vehicle (FCEV) and Hybrid Electric Vehicle (HEV)), By Vehicle Type (Passenger Cars, Vans/Light Trucks, Medium & Heavy Trucks, Buses, And Off-Highway Vehicles), By Method (Wire Bonding, Laser Bonding, and Ultrasonic Metal Welding), By Battery Capacity (<50 kWh, 50–110 kWh, 111–200 kWh, 201–300 kWh, and >300 kWh), By Material Type (Cobalt, Lithium, Natural Graphite, Manganese, Iron, Phosphate, Nickel, and Others), By Battery Form (Prismatic, Pouch, and Cylindrical), and Region (North America, Europe, and Asia Pacific). It also covers the competitive landscape and company profiles of the major players in the EV battery market ecosystem.
Key Benefits of the Report
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall EV battery market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Increasing sales of EVs, Improvements in battery technology, Targets to reduce vehicle emissions, Launch of new plug-in models by major EV manufacturers, Reducing prices of EV batteries), restraints (Procurement concerns related to raw materials, Low number of charging stations in emerging economies, Development in hydrogen and ethanol vehicles), opportunities (Introduction of battery-as-a-service (BaaS) models, Development in solid-state batteries, Increase in R&D efforts toward creating more advanced battery chemistries), and challenges (High initial investments and high cost of electricity, Low availability of lithium for use in EV batteries, Concerns over battery safety, High cost of EVs compared to ICE vehicles) influencing the growth of the EV battery market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the EV battery market
• Market Development: Comprehensive information about lucrative markets – the report analyses the EV battery market across varied regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the EV battery market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like CATL (China), LG Energy Solution Ltd. (South Korea), BYD Company Ltd. (China), Panasonic Holdings Corporation (Japan), and SK Innovation Co., Ltd. (South Korea) and among others in the EV battery market Page 25 of 34 strategies. The report also helps stakeholders understand the pulse of the EV market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION 32
TABLE 1 EV BATTERY MARKET DEFINITION, BY BATTERY TYPE 32
TABLE 2 EV BATTERY MARKET DEFINITION, BY LITHIUM-ION BATTERY COMPONENT 33
TABLE 3 EV BATTERY MARKET DEFINITION, BY PROPULSION 33
TABLE 4 EV BATTERY MARKET DEFINITION, BY VEHICLE TYPE 34
TABLE 5 EV BATTERY MARKET DEFINITION, BY MATERIAL TYPE 34
TABLE 6 EV BATTERY MARKET DEFINITION, BY METHOD 35
TABLE 7 EV BATTERY MARKET DEFINITION, BY BATTERY FORM 36
1.3 INCLUSIONS AND EXCLUSIONS 36
TABLE 8 INCLUSIONS AND EXCLUSIONS FOR EV BATTERY MARKET 36
1.4 MARKET SCOPE 38
1.4.1 MARKET COVERED 38
FIGURE 1 EV BATTERY MARKET SEGMENTATION 38
1.4.2 REGIONS COVERED 39
1.5 YEARS CONSIDERED 39
1.6 CURRENCY CONSIDERED 39
TABLE 9 CURRENCY EXCHANGE RATES (PER USD) 40
1.7 STAKEHOLDERS 40
1.8 SUMMARY OF CHANGES 41
2 RESEARCH METHODOLOGY 42
2.1 RESEARCH DATA 42
FIGURE 2 RESEARCH DESIGN 42
FIGURE 3 RESEARCH METHODOLOGY MODEL 43
2.1.1 SECONDARY DATA 44
2.1.1.1 Key secondary sources 44
2.1.1.2 Key data from secondary sources 45
2.1.2 PRIMARY DATA 45
2.1.2.1 Key data from primary sources 46
TABLE 10 LIST OF PARTICIPATING COMPANIES FOR PRIMARY RESEARCH 47
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 47
2.1.2.2 List of primary participants 47
2.2 MARKET ESTIMATION METHODOLOGY 48
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 49
2.3 MARKET SIZE ESTIMATION 50
2.3.1 BOTTOM-UP APPROACH 50
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 50
2.3.2 TOP-DOWN APPROACH 51
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 51
FIGURE 8 EV BATTERY MARKET ESTIMATION NOTES 51
2.4 DATA TRIANGULATION 52
FIGURE 9 DATA TRIANGULATION 52
2.5 ANALYSIS OF FACTORS IMPACTING EV MARKET 53
2.5.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 54
2.6 RECESSION IMPACT ANALYSIS 54
2.7 RESEARCH ASSUMPTIONS 55
2.8 RESEARCH LIMITATIONS 56
3 EXECUTIVE SUMMARY 57
FIGURE 10 EV BATTERY MARKET OVERVIEW 58
FIGURE 11 EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2033 59
FIGURE 12 EV BATTERY MARKET, BY REGION, 2023–2033 60
4 PREMIUM INSIGHTS 61
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN EV BATTERY MARKET 61
FIGURE 13 GROWING ADOPTION OF EVS AND RISING GOVERNMENT INCENTIVES TO DRIVE MARKET 61
4.2 EV BATTERY MARKET, BY VEHICLE TYPE 61
FIGURE 14 PASSENGER CARS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 61
4.3 EV BATTERY MARKET, BY PROPULSION 62
FIGURE 15 BEV SEGMENT HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 62
4.4 EV BATTERY MARKET, BY BATTERY FORM 62
FIGURE 16 PRISMATIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 62
4.5 EV BATTERY MARKET, BY MATERIAL TYPE 63
FIGURE 17 NATURAL GRAPHITE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 63
4.6 EV BATTERY MARKET, BY LITHIUM-ION BATTERY COMPONENT 63
FIGURE 18 NEGATIVE ELECTRODE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 63
4.7 EV BATTERY MARKET, BY BATTERY CAPACITY 64
FIGURE 19 50–110 KWH SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 64
4.8 EV BATTERY MARKET, BY BATTERY TYPE 64
FIGURE 20 LITHIUM-ION TO BE LARGEST BATTERY TYPE SEGMENT DURING FORECAST PERIOD 64
4.9 EV BATTERY MARKET, BY METHOD 65
FIGURE 21 LASER BONDING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 65
4.10 EV BATTERY MARKET, BY REGION 65
FIGURE 22 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 65
5 MARKET OVERVIEW 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 67
FIGURE 23 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 67
5.2.1 DRIVERS 67
5.2.1.1 Increasing sales of EVs 67
FIGURE 24 ELECTRIC PASSENGER CAR SALES, 2019–2022 68
5.2.1.2 Improvements in battery technology 68
TABLE 11 INNOVATION IN BATTERY, BY KEY MANUFACTURER 69
5.2.1.3 Targets to reduce vehicle emissions 70
FIGURE 25 EV-RELATED POLICIES WORLDWIDE 70
TABLE 12 GOVERNMENT INITIATIVES FOR EV BATTERY DEVELOPMENT, 2020–2023 71
5.2.1.4 Launch of new plug-in models by major EV manufacturers 71
TABLE 13 LATEST EV MODELS BY OEMS, 2021-2023 72
5.2.1.5 Reducing prices of EV batteries 75
FIGURE 26 EV BATTERY PRICING ANALYSIS, 2019–2022 75
5.2.2 RESTRAINTS 75
5.2.2.1 Procurement concerns related to raw materials 75
FIGURE 27 COUNTRY-WISE COBALT RESERVES, 2022 76
FIGURE 28 COUNTRY-WISE LITHIUM RESERVES, 2022 77
5.2.2.2 Low number of charging stations in emerging economies 77
TABLE 14 EV CHARGING POINTS IN EMERGING ECONOMIES, 2022 77
5.2.2.3 Development in hydrogen and ethanol vehicles 78
5.2.3 OPPORTUNITIES 78
5.2.3.1 Introduction of battery-as-a-service (BaaS) models 78
FIGURE 29 BATTERY-AS-A-SERVICE IN EVS 79
5.2.3.2 Development in solid-state batteries 79
FIGURE 30 SOLID-STATE BATTERIES’ CARBON FOOTPRINT, 2022 79
5.2.3.3 Increase in R&D efforts toward creating more advanced battery chemistries 80
5.2.4 CHALLENGES 80
5.2.4.1 High initial investments and high cost of electricity 80
TABLE 15 GLOBAL AVERAGE ELECTRICITY COST, 2023 80
5.2.4.2 Low availability of lithium for use in EV batteries 81
FIGURE 31 LITHIUM-ION DEMAND AND SUPPLY, 2016–2030 81
5.2.4.3 Concerns over battery safety 82
5.2.4.4 High cost of EVs compared to ICE vehicles 82
FIGURE 32 COST COMPARISON OF EVS AND ICE VEHICLES 83
TABLE 16 IMPACT OF MARKET DYNAMICS 84
5.3 AVERAGE SELLING PRICING ANALYSIS 85
5.3.1 AVERAGE SELLING PRICE, BY REGION 85
FIGURE 33 AVERAGE SELLING PRICE, BY REGION 85
5.3.2 AVERAGE SELLING PRICE, BY RAW MATERIAL 85
FIGURE 34 COST PER KWH OF MAJOR RAW MATERIALS USED IN EV BATTERIES, 2022 85
FIGURE 35 COST BREAKDOWN OF CELL, BY MATERIAL, 2022 86
5.4 ECOSYSTEM ANALYSIS 86
FIGURE 36 ECOSYSTEM ANALYSIS 86
5.4.1 OEMS 86
5.4.2 BATTERY PACK/CELL SUPPLIERS 86
5.4.3 RAW MATERIAL SUPPLIERS 87
5.4.4 ANODE MATERIAL SUPPLIERS 87
5.4.5 CATHODE MATERIAL SUPPLIERS 87
TABLE 17 ROLE OF COMPANIES IN ECOSYSTEM 87
TABLE 18 TOP EVS WITH BATTERY SPECIFICATION 88
5.5 VALUE CHAIN ANALYSIS 89
FIGURE 37 EV BATTERY MARKET: VALUE CHAIN ANALYSIS 89
FIGURE 38 LITHIUM-ION BATTERY MARKET: VALUE CHAIN ANALYSIS 90
5.6 CASE STUDY ANALYSIS 90
5.6.1 TECHNICAL ASSESSMENT OF REUSING RETIRED EV LITHIUM-ION BATTERIES IN THAILAND 90
5.6.2 DEVELOPMENT OF BLADE BATTERY TO INCREASE ENERGY DENSITY 91
5.7 PATENT ANALYSIS 92
TABLE 19 PATENT ANALYSIS (ACTIVE PATENTS), 2021–2023 92
FIGURE 39 ACTIVE PATENTS RELATED TO EV BATTERIES, 2010–2022 95
5.8 TECHNOLOGY ANALYSIS 96
5.8.1 INTRODUCTION 96
5.8.2 IMPROVEMENTS IN BATTERY COMPOSITION 96
5.8.3 ADVANCEMENTS IN BATTERY CHARGING RATE 97
FIGURE 40 CHARGING TIME FOR CARS, BY MODEL (IN HOURS) 97
5.8.4 BATTERY-RELATED SERVICES 97
5.8.5 BATTERY OPTIMIZATION 98
5.8.6 LITHIUM-SULFUR BATTERIES 98
5.8.7 SALTWATER BATTERY 98
5.8.8 CELL-TO-PACK TECHNOLOGY 98
5.8.9 CELL-TO-CHASSIS BATTERY TECHNOLOGY 98
5.8.10 AB BATTERY SYSTEM 99
5.8.11 RECYCLING AND SECOND-LIFE BATTERY 99
5.8.12 SODIUM-ION BATTERY 99
5.9 TARIFF AND REGULATORY LANDSCAPE 99
5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 99
TABLE 20 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 99
TABLE 21 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 101
TABLE 22 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 102
TABLE 23 CHANGES IN REGULATORY ENVIRONMENT GLOBALLY 103
TABLE 24 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY PERFORMANCE 104
TABLE 25 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY DURABILITY 105
TABLE 26 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY SAFETY 105
TABLE 27 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY RECYCLING 106
5.10 TRADE DATA ANALYSIS 106
TABLE 28 TRADE DATA FOR MOTOR VEHICLES IN 2022 (HS 8703) 106
5.11 LITHIUM MINING INVESTMENTS, 2022–2023 107
TABLE 29 BATTERY MANUFACTURERS’ INVESTMENT IN LITHIUM MINING, 2022–2023 107
5.12 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 108
FIGURE 41 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN EV BATTERY MARKET 108
5.13 KEY CONFERENCES AND EVENTS, 2023–2024 109
TABLE 30 LIST OF CONFERENCES AND EVENTS, 2023–2024 109
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 109
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 110
TABLE 31 INFLUENCE OF KEY STAKEHOLDERS ON BUYING EV BATTERIES 110
5.14.2 BUYING CRITERIA 110
FIGURE 42 KEY BUYING CRITERIA 110
TABLE 32 KEY BUYING CRITERIA 110
6 EV BATTERY MARKET, BY BATTERY CAPACITY 111
6.1 INTRODUCTION 112
FIGURE 43 111-200 KWH SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 112
TABLE 33 EV BATTERY MARKET, BY BATTERY CAPACITY, 2019–2022 (THOUSAND UNITS) 113
TABLE 34 EV BATTERY MARKET, BY BATTERY CAPACITY, 2023–2027 (THOUSAND UNITS) 113
TABLE 35 EV BATTERY MARKET, BY BATTERY CAPACITY, 2028–2033 (THOUSAND UNITS) 113
TABLE 36 EV BATTERY MARKET, BY BATTERY CAPACITY, 2019–2022 (USD MILLION) 114
TABLE 37 EV BATTERY MARKET, BY BATTERY CAPACITY, 2023–2027 (USD MILLION) 114
TABLE 38 EV BATTERY MARKET, BY BATTERY CAPACITY, 2028–2033 (USD MILLION) 114
6.1.1 OPERATIONAL DATA 115
TABLE 39 ELECTRIC VEHICLE DATA, BY MODEL AND BATTERY CAPACITY 115
6.2 <50 KWH 116
6.2.1 LOWER OVERALL VEHICLE COSTS TO DRIVE MARKET 116
TABLE 40 <50 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 116
TABLE 41 <50 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 116
TABLE 42 <50 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 116
TABLE 43 <50 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 44 <50 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 117
TABLE 45 <50 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 117
6.3 50–110 KWH 118
6.3.1 RISING DEMAND FOR ELECTRIC VANS/LIGHT TRUCKS TO DRIVE MARKET 118
TABLE 46 50–110 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 118
TABLE 47 50–110 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 118
TABLE 48 50–110 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 118
TABLE 49 50–110 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 119
TABLE 50 50–110 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 119
TABLE 51 50–110 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 119
6.4 111–200 KWH 120
6.4.1 INCREASING DEMAND FOR ELECTRIC COMMERCIAL VEHICLES TO DRIVE MARKET 120
TABLE 52 111–200 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 120
TABLE 53 111–200 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 120
TABLE 54 111–200 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 120
TABLE 55 111–200 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 121
TABLE 56 111–200 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 121
TABLE 57 111–200 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 121
6.5 201–300 KWH 122
6.5.1 FASTER ACCELERATION AND GREATER POWER OUTPUT TO DRIVE MARKET 122
TABLE 58 201–300 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 122
TABLE 59 201–300 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 122
TABLE 60 201–300 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 122
TABLE 61 201–300 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 123
TABLE 62 201–300 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 123
TABLE 63 201–300 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 123
6.6 >300 KWH 124
6.6.1 RISING DEMAND FOR ELECTRIC HEAVY COMMERCIAL VEHICLES TO DRIVE MARKET 124
TABLE 64 >300 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 124
TABLE 65 >300 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 124
TABLE 66 >300 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 124
TABLE 67 >300 KWH: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 125
TABLE 68 >300 KWH: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 125
TABLE 69 >300 KWH: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 125
6.7 KEY PRIMARY INSIGHTS 125
7 EV BATTERY MARKET, BY BATTERY FORM 126
7.1 INTRODUCTION 127
FIGURE 44 PRISMATIC FORM TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 127
TABLE 70 EV BATTERY MARKET, BY BATTERY FORM, 2019–2022 (THOUSAND UNITS) 128
TABLE 71 EV BATTERY MARKET, BY BATTERY FORM, 2023–2027 (THOUSAND UNITS) 128
TABLE 72 EV BATTERY MARKET, BY BATTERY FORM, 2028–2033 (THOUSAND UNITS) 128
TABLE 73 EV BATTERY CELL CHARACTERISTICS 129
FIGURE 45 BATTERY FORMS, BY TYPE 132
7.2 PRISMATIC 132
7.2.1 MORE COMPACT STRUCTURE THAN CYLINDRICAL CELL TO DRIVE MARKET 132
FIGURE 46 PRISMATIC CELL BATTERY PACK 133
TABLE 74 PRISMATIC: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 133
TABLE 75 PRISMATIC: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 133
TABLE 76 PRISMATIC: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 133
7.3 POUCH 134
7.3.1 OPTIMUM CONSUMPTION FOR BATTERY SPACE TO DRIVE MARKET 134
TABLE 77 POUCH: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 134
TABLE 78 POUCH: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 135
TABLE 79 POUCH: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 135
7.4 CYLINDRICAL 135
7.4.1 LOW-COST MANUFACTURING TO DRIVE MARKET 135
FIGURE 47 CROSS-SECTION OF LITHIUM-ION CYLINDRICAL CELL 136
TABLE 80 CYLINDRICAL: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 136
TABLE 81 CYLINDRICAL: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 137
TABLE 82 CYLINDRICAL: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 137
7.5 KEY PRIMARY INSIGHTS 137
8 EV BATTERY MARKET, BY BATTERY TYPE 138
8.1 INTRODUCTION 139
FIGURE 48 LITHIUM-ION BATTERY TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 140
TABLE 83 EV BATTERY MARKET, BY BATTERY TYPE, 2019–2022 (THOUSAND UNITS) 140
TABLE 84 EV BATTERY MARKET, BY BATTERY TYPE, 2023–2027 (THOUSAND UNITS) 140
TABLE 85 EV BATTERY MARKET, BY BATTERY TYPE, 2028–2033 (THOUSAND UNITS) 141
8.1.1 OPERATIONAL DATA 141
TABLE 86 EV MODELS, BY BATTERY TYPE 141
8.2 LITHIUM-ION 143
8.2.1 ADVANCEMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET 143
FIGURE 49 COMPARATIVE EVALUATION OF EVS USING LITHIUM-ION BATTERIES 143
TABLE 87 LITHIUM-ION: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 144
TABLE 88 LITHIUM-ION: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 144
TABLE 89 LITHIUM-ION: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 144
8.3 LEAD-ACID 145
8.3.1 DEVELOPMENT OF ADVANCED LEAD-ACID BATTERIES TO DRIVE MARKET 145
8.4 NICKEL-METAL HYDRIDE 145
8.4.1 HIGH TOLERANCE AND LONG LIFE CYCLE TO DRIVE MARKET 145
TABLE 90 NICKEL-METAL HYDRIDE: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 146
TABLE 91 NICKEL-METAL HYDRIDE: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 146
TABLE 92 NICKEL-METAL HYDRIDE: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 146
8.5 SOLID-STATE 147
8.5.1 HIGH ENERGY STORAGE CAPABILITY WITH LONGER LIFESPAN TO DRIVE MARKET 147
TABLE 93 SOLID-STATE: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 147
TABLE 94 SOLID-STATE: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 147
8.6 SODIUM-ION 148
8.6.1 LOW-TEMPERATURE PERFORMANCE AND RAPID CHARGING TO DRIVE MARKET 148
8.7 OTHER BATTERY TYPES 148
TABLE 95 OTHER BATTERY TYPES: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 148
TABLE 96 OTHER BATTERY TYPES: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 149
TABLE 97 OTHER BATTERY TYPES: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 149
8.8 KEY PRIMARY INSIGHTS 149
9 EV BATTERY MARKET, BY LITHIUM-ION BATTERY COMPONENT 150
9.1 INTRODUCTION 151
FIGURE 50 NEGATIVE ELECTRODE TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 151
TABLE 98 EV BATTERY MARKET, BY LITHIUM-ION BATTERY COMPONENT, 2019–2022 (USD MILLION) 152
TABLE 99 EV BATTERY MARKET, BY LITHIUM-ION BATTERY COMPONENT, 2023–2027 (USD MILLION) 152
TABLE 100 EV BATTERY MARKET, BY LITHIUM-ION BATTERY COMPONENT, 2028–2033 (USD MILLION) 152
TABLE 101 ELECTROLYTE SOLVENTS, BY TEMPERATURE AND FLASHPOINT 153
TABLE 102 MOST COMMONLY USED LITHIUM-ION BATTERIES AND THEIR SPECIFICATIONS 153
TABLE 103 LIST OF VEHICLE MODELS AND CATHODE MATERIAL SUPPLIERS 154
TABLE 104 LIST OF VEHICLE MODELS AND ANODE MATERIAL SUPPLIERS 155
FIGURE 51 LITHIUM-ION BATTERY WORKING PRINCIPLE 156
9.2 NEGATIVE ELECTRODE 156
9.2.1 INCREASE IN NUMBER OF NEGATIVE ELECTRODE COMPANIES IN ASIA PACIFIC TO DRIVE MARKET 156
TABLE 105 NEGATIVE ELECTRODE: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 156
TABLE 106 NEGATIVE ELECTRODE: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 157
TABLE 107 NEGATIVE ELECTRODE: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 157
9.3 POSITIVE ELECTRODE 157
9.3.1 DEMAND FOR LONG LIFE CYCLE AND HIGH-PERFORMANCE CELLS TO DRIVE MARKET 157
TABLE 108 POSITIVE ELECTRODE: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 158
TABLE 109 POSITIVE ELECTRODE: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 158
TABLE 110 POSITIVE ELECTRODE: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 158
9.4 ELECTROLYTE 159
9.4.1 RISING SAFETY CONCERN OF BATTERIES TO DRIVE MARKET 159
TABLE 111 ELECTROLYTE: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 159
TABLE 112 ELECTROLYTE: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 159
TABLE 113 ELECTROLYTE: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 160
9.5 SEPARATOR 160
9.5.1 REQUIREMENT FOR SEPARATORS IN BATTERIES TO PROVIDE TEMPERATURE STABILITY TO DRIVE MARKET 160
TABLE 114 SEPARATOR: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 160
TABLE 115 SEPARATOR: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 161
TABLE 116 SEPARATOR: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 161
9.6 KEY PRIMARY INSIGHTS 161
10 EV BATTERY MARKET, BY MATERIAL TYPE 162
10.1 INTRODUCTION 163
FIGURE 52 NATURAL GRAPHITE TO RECORD HIGHER CAGR DURING FORECAST PERIOD 163
TABLE 117 EV BATTERY MARKET, BY MATERIAL TYPE, 2019–2022 (USD MILLION) 163
TABLE 118 EV BATTERY MARKET, BY MATERIAL TYPE, 2023–2027 (USD MILLION) 164
TABLE 119 EV BATTERY MARKET, BY MATERIAL TYPE, 2028–2033 (USD MILLION) 164
10.1.1 OPERATIONAL DATA 165
TABLE 120 TYPES OF LITHIUM-ION BATTERY CHEMISTRIES 165
10.2 COBALT 165
10.2.1 HIGH ENERGY DENSITY AND POWER CAPABILITY TO DRIVE MARKET 165
TABLE 121 COBALT: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 166
TABLE 122 COBALT: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 166
TABLE 123 COBALT: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 166
10.3 LITHIUM 166
10.3.1 WIDE OPERATING TEMPERATURE RANGE TO DRIVE MARKET 166
FIGURE 53 LITHIUM PRODUCTION, 2022 167
TABLE 124 LITHIUM: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 167
TABLE 125 LITHIUM: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 167
TABLE 126 LITHIUM: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 168
10.4 NATURAL GRAPHITE 168
10.4.1 HIGH ELECTRICAL CONDUCTIVITY FEATURE TO DRIVE MARKET 168
TABLE 127 NATURAL GRAPHITE: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 168
TABLE 128 NATURAL GRAPHITE: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 168
TABLE 129 NATURAL GRAPHITE: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 169
10.5 MANGANESE 169
10.5.1 DEVELOPMENT IN BATTERY TECHNOLOGY TO DRIVE MARKET 169
TABLE 130 MANGANESE: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 169
TABLE 131 MANGANESE: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 170
TABLE 132 MANGANESE: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 170
10.6 IRON 170
10.6.1 LOW-COST FACTOR TO DRIVE MARKET 170
TABLE 133 IRON: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 171
TABLE 134 IRON: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 171
TABLE 135 IRON: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 171
10.7 PHOSPHATE 172
10.7.1 RISE IN BATTERY PRODUCTION TO DRIVE MARKET 172
TABLE 136 PHOSPHATE: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 172
TABLE 137 PHOSPHATE: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 172
TABLE 138 PHOSPHATE: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 172
10.8 NICKEL 173
10.8.1 SHIFT TOWARD HIGH-NICKEL CATHODES TO DRIVE MARKET 173
TABLE 139 NICKEL: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 173
TABLE 140 NICKEL: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 173
TABLE 141 NICKEL: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 173
10.9 OTHERS 174
TABLE 142 OTHER MATERIAL TYPES: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 174
TABLE 143 OTHER MATERIAL TYPES: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 174
TABLE 144 OTHER MATERIAL TYPES: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 174
10.10 KEY PRIMARY INSIGHTS 175
11 EV BATTERY MARKET, BY METHOD 176
11.1 INTRODUCTION 177
FIGURE 54 LASER BONDING TO HOLD PROMINENT MARKET SHARE DURING FORECAST PERIOD 177
FIGURE 55 APPLICATION OF INTERCONNECTION TECHNOLOGIES 178
TABLE 145 EV BATTERY MARKET, BY METHOD, 2019–2022 (THOUSAND UNITS) 178
TABLE 146 EV BATTERY MARKET, BY METHOD, 2023–2027 (THOUSAND UNITS) 178
TABLE 147 EV BATTERY MARKET, BY METHOD, 2028–2033 (THOUSAND UNITS) 179
11.2 WIRE BONDING 179
11.2.1 LESS COMPLICATED AND TIME-CONSUMING THAN OTHER BONDING METHODS 179
TABLE 148 WIRE BONDING: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 179
TABLE 149 WIRE BONDING: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 180
TABLE 150 WIRE BONDING: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 180
11.3 LASER BONDING 180
11.3.1 IMPROVED BOND STRENGTH AND RELIABILITY TO RESULT IN HIGHER ADOPTION OF LASER BONDING 180
TABLE 151 LASER BONDING: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 181
TABLE 152 LASER BONDING: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 181
TABLE 153 LASER BONDING: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 181
11.4 ULTRASONIC METAL WELDING 182
11.4.1 USES HIGH-FREQUENCY SOUND WAVES TO CONNECT METAL PIECES 182
11.5 KEY PRIMARY INSIGHTS 182
12 EV BATTERY MARKET, BY PROPULSION 183
12.1 INTRODUCTION 184
FIGURE 56 EV, BY PROPULSION TYPE 184
FIGURE 57 BEV SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 185
TABLE 154 EV BATTERY MARKET, BY PROPULSION, 2019–2022 (THOUSAND UNITS) 185
TABLE 155 EV BATTERY MARKET, BY PROPULSION, 2023–2027 (THOUSAND UNITS) 185
TABLE 156 EV BATTERY MARKET, BY PROPULSION, 2028–2033 (THOUSAND UNITS) 185
12.1.1 OPERATIONAL DATA 186
TABLE 157 BESTSELLING EVS IN 2022 186
TABLE 158 ELECTRIC COMMERCIAL VEHICLE DATA, BY OEM, MODEL, AND PROPULSION 187
12.2 BATTERY ELECTRIC VEHICLE (BEV) 187
12.2.1 GROWING EV CHARGING NETWORK TO DRIVE MARKET 187
TABLE 159 BEV: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 188
TABLE 160 BEV: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 188
TABLE 161 BEV: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 188
12.3 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) 189
12.3.1 TAX BENEFITS AND INCENTIVES BY GOVERNMENTS TO DRIVE MARKET 189
TABLE 162 PHEV: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 189
TABLE 163 PHEV: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 189
TABLE 164 PHEV: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 190
12.4 FUEL CELL ELECTRIC VEHICLE (FCEV) 190
12.4.1 LONGER DRIVING RANGE AND BETTER ENVIRONMENTAL SUSTAINABILITY THAN BEVS TO DRIVE MARKET 190
TABLE 165 FCEV: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 191
TABLE 166 FCEV: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 191
TABLE 167 FCEV: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 191
12.5 HYBRID ELECTRIC VEHICLE (HEV) 192
12.5.1 PRESENCE OF ELECTRIC POWERTRAIN IN HEVS TO DRIVE MARKET 192
12.6 KEY PRIMARY INSIGHTS 192
13 EV BATTERY MARKET, BY VEHICLE TYPE 193
13.1 INTRODUCTION 194
FIGURE 58 PASSENGER CAR SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 195
TABLE 168 EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 195
TABLE 169 EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 195
TABLE 170 EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 196
TABLE 171 EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 196
TABLE 172 EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 196
TABLE 173 EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 197
13.1.1 OPERATIONAL DATA 197
TABLE 174 EVS, BY MODEL, VEHICLE TYPE, AND PROPULSION 197
TABLE 175 POPULAR EVS WORLDWIDE, 2022–2023 198
TABLE 176 UPCOMING ELECTRIC CAR MODELS BY OEMS 199
TABLE 177 UPCOMING ELECTRIC COMMERCIAL VEHICLES BY OEMS 200
13.2 PASSENGER CARS 201
13.2.1 FAVORABLE REGULATIONS AND SUBSIDIES WORLDWIDE TO DRIVE MARKET 201
TABLE 178 PASSENGER CARS: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 201
TABLE 179 PASSENGER CARS: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 201
TABLE 180 PASSENGER CARS: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 202
TABLE 181 PASSENGER CARS: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 202
TABLE 182 PASSENGER CARS: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 202
TABLE 183 PASSENGER CARS: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 202
TABLE 184 PASSENGER CARS: EV BATTERY MARKET, BY BATTERY CAPACITY, 2019–2022 (THOUSAND UNITS) 203
TABLE 185 PASSENGER CARS: EV BATTERY MARKET, BY BATTERY CAPACITY, 2023–2027 (THOUSAND UNITS) 203
TABLE 186 PASSENGER CARS: EV BATTERY MARKET, BY BATTERY CAPACITY, 2028–2033 (THOUSAND UNITS) 203
TABLE 187 <50 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2019–2022 (THOUSAND UNITS) 203
TABLE 188 <50 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2023–2027 (THOUSAND UNITS) 204
TABLE 189 <50 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2028–2033 (THOUSAND UNITS) 204
TABLE 190 50–110 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2019–2022 (THOUSAND UNITS) 204
TABLE 191 50–110 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2023–2027 (THOUSAND UNITS) 204
TABLE 192 50–110 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2028–2033 (THOUSAND UNITS) 205
TABLE 193 111–200 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2019–2022 (THOUSAND UNITS) 205
TABLE 194 111–200 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2023–2027 (THOUSAND UNITS) 205
TABLE 195 111–200 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2028–2033 (THOUSAND UNITS) 205
13.3 VANS/LIGHT TRUCKS 206
13.3.1 GROWING E-COMMERCE INDUSTRY TO DRIVE MARKET 206
TABLE 196 VANS/LIGHT TRUCKS: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 206
TABLE 197 VANS/LIGHT TRUCKS: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 207
TABLE 198 VANS/LIGHT TRUCKS: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 207
TABLE 199 VANS/LIGHT TRUCKS: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 207
TABLE 200 VANS/LIGHT TRUCKS: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 207
TABLE 201 VANS/LIGHT TRUCKS: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 208
TABLE 202 VANS/LIGHT TRUCKS: EV BATTERY MARKET, BY BATTERY CAPACITY, 2019–2022 (THOUSAND UNITS) 208
TABLE 203 VANS/LIGHT TRUCKS: EV BATTERY MARKET, BY BATTERY CAPACITY, 2023–2027 (THOUSAND UNITS) 208
TABLE 204 VANS/LIGHT TRUCKS: EV BATTERY MARKET, BY BATTERY CAPACITY, 2028–2033 (THOUSAND UNITS) 209
TABLE 205 <50 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2019–2022 (THOUSAND UNITS) 209
TABLE 206 <50 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2023–2027 (THOUSAND UNITS) 209
TABLE 207 <50 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2028–2033 (THOUSAND UNITS) 210
TABLE 208 50–110 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2019–2022 (THOUSAND UNITS) 210
TABLE 209 50–110 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2023–2027 (THOUSAND UNITS) 210
TABLE 210 50–110 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2028–2033 (THOUSAND UNITS) 210
TABLE 211 111–200 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2019–2022 (THOUSAND UNITS) 211
TABLE 212 111–200 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2023–2027 (THOUSAND UNITS) 211
TABLE 213 111–200 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2028–2033 (THOUSAND UNITS) 211
TABLE 214 201–300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2019–2022 (THOUSAND UNITS) 211
TABLE 215 201–300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2023–2027 (THOUSAND UNITS) 212
TABLE 216 201–300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2028–2033 (THOUSAND UNITS) 212
TABLE 217 >300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2019–2022 (THOUSAND UNITS) 212
TABLE 218 >300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2023–2027 (THOUSAND UNITS) 212
TABLE 219 >300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2028–2033 (THOUSAND UNITS) 213
13.4 MEDIUM & HEAVY TRUCKS 213
13.4.1 INCREASING ADOPTION OF ELECTRIC MEDIUM AND HEAVY TRUCKS FOR SHORT AND LONG RANGES TO DRIVE MARKET 213
TABLE 220 MEDIUM & HEAVY TRUCKS: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 214
TABLE 221 MEDIUM & HEAVY TRUCKS: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 214
TABLE 222 MEDIUM & HEAVY TRUCKS: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 214
TABLE 223 MEDIUM & HEAVY TRUCKS: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 214
TABLE 224 MEDIUM & HEAVY TRUCKS: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 215
TABLE 225 MEDIUM & HEAVY TRUCKS: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 215
TABLE 226 MEDIUM & HEAVY TRUCKS: EV BATTERY MARKET, BY BATTERY CAPACITY, 2019–2022 (THOUSAND UNITS) 215
TABLE 227 MEDIUM & HEAVY TRUCKS: EV BATTERY MARKET, BY BATTERY CAPACITY, 2023–2027 (THOUSAND UNITS) 215
TABLE 228 MEDIUM & HEAVY TRUCKS: EV BATTERY MARKET, BY BATTERY CAPACITY, 2028–2033 (THOUSAND UNITS) 216
TABLE 229 111–200 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2019–2022 (THOUSAND UNITS) 216
TABLE 230 111–200 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2023–2027 (THOUSAND UNITS) 216
TABLE 231 111–200 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2028–2033 (THOUSAND UNITS) 216
TABLE 232 201–300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2019–2022 (THOUSAND UNITS) 217
TABLE 233 201–300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2023–2027 (THOUSAND UNITS) 217
TABLE 234 201–300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2028–2033 (THOUSAND UNITS) 217
TABLE 235 >300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2019–2022 (THOUSAND UNITS) 217
TABLE 236 >300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2023–2027 (THOUSAND UNITS) 218
TABLE 237 >300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2028–2033 (THOUSAND UNITS) 218
13.5 BUSES 218
13.5.1 RISING DEMAND FOR EMISSION-FREE PUBLIC TRANSPORT TO DRIVE MARKET 218
TABLE 238 ELECTRIC BUS DATA BASED ON PROPULSION 219
TABLE 239 BUSES: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 219
TABLE 240 BUSES: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 220
TABLE 241 BUSES: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 220
TABLE 242 BUSES: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 220
TABLE 243 BUSES: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 220
TABLE 244 BUSES: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 221
TABLE 245 BUSES: EV BATTERY MARKET, BY BATTERY CAPACITY, 2019–2022 (THOUSAND UNITS) 221
TABLE 246 BUSES: EV BATTERY MARKET, BY BATTERY CAPACITY, 2023–2027 (THOUSAND UNITS) 221
TABLE 247 BUSES: EV BATTERY MARKET, BY BATTERY CAPACITY, 2028–2033 (THOUSAND UNITS) 221
TABLE 248 111–200 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2019–2022 (THOUSAND UNITS) 222
TABLE 249 111–200 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2023–2027 (THOUSAND UNITS) 222
TABLE 250 111–200 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2028–2033 (THOUSAND UNITS) 222
TABLE 251 201–300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2019–2022 (THOUSAND UNITS) 222
TABLE 252 201–300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2023–2027 (THOUSAND UNITS) 223
TABLE 253 201–300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2028–2033 (THOUSAND UNITS) 223
TABLE 254 >300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2019–2022 (THOUSAND UNITS) 223
TABLE 255 >300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2023–2027 (THOUSAND UNITS) 223
TABLE 256 >300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2028–2033 (THOUSAND UNITS) 224
13.6 OFF-HIGHWAY VEHICLES 225
13.6.1 GROWING DEMAND FOR HIGH-POWER HEAVY-DUTY ELECTRIC TRUCKS FOR VARIOUS INDUSTRIAL APPLICATIONS TO DRIVE MARKET 225
TABLE 257 MAJOR OFF-HIGHWAY VEHICLE MODELS 226
TABLE 258 OFF-HIGHWAY VEHICLES: EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 227
TABLE 259 OFF-HIGHWAY VEHICLES: EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 228
TABLE 260 OFF-HIGHWAY VEHICLES: EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 228
TABLE 261 OFF-HIGHWAY VEHICLES: EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 228
TABLE 262 OFF-HIGHWAY VEHICLES: EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 228
TABLE 263 OFF-HIGHWAY VEHICLES: EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 229
TABLE 264 OFF-HIGHWAY VEHICLES: EV BATTERY MARKET, BY BATTERY CAPACITY, 2019–2022 (THOUSAND UNITS) 229
TABLE 265 OFF-HIGHWAY VEHICLES: EV BATTERY MARKET, BY BATTERY CAPACITY, 2023–2027 (THOUSAND UNITS) 229
TABLE 266 OFF-HIGHWAY VEHICLES: EV BATTERY MARKET, BY BATTERY CAPACITY, 2028–2033 (THOUSAND UNITS) 230
TABLE 267 <50 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2019–2022 (THOUSAND UNITS) 230
TABLE 268 <50 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2023–2027 (THOUSAND UNITS) 230
TABLE 269 <50 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2028–2033 (THOUSAND UNITS) 231
TABLE 270 50–110 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2019–2022 (THOUSAND UNITS) 231
TABLE 271 50–110 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2023–2027 (THOUSAND UNITS) 231
TABLE 272 50–110 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2028–2033 (THOUSAND UNITS) 231
TABLE 273 111–200 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2019–2022 (THOUSAND UNITS) 232
TABLE 274 111–200 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2023–2027 (THOUSAND UNITS) 232
TABLE 275 111–200 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2028–2033 (THOUSAND UNITS) 232
TABLE 276 201–300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2019–2022 (THOUSAND UNITS) 232
TABLE 277 201–300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2023–2027 (THOUSAND UNITS) 233
TABLE 278 201–300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2028–2033 (THOUSAND UNITS) 233
TABLE 279 >300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2019–2022 (THOUSAND UNITS) 233
TABLE 280 >300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2023–2027 (THOUSAND UNITS) 233
TABLE 281 >300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2028–2033 (THOUSAND UNITS) 234
13.7 KEY PRIMARY INSIGHTS 234
14 EV BATTERY MARKET, BY REGION 235
14.1 INTRODUCTION 236
FIGURE 59 INVESTMENT AND ELECTRIFICATION TARGET BY TOP OEMS 236
FIGURE 60 PARTNERSHIP OF EV OEMS WITH BATTERY MANUFACTURERS 237
FIGURE 61 ASIA PACIFIC TO HOLD LARGEST EV BATTERY MARKET SHARE DURING FORECAST PERIOD 238
TABLE 282 EV BATTERY MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 238
TABLE 283 EV BATTERY MARKET, BY REGION, 2023–2027 (THOUSAND UNITS) 238
TABLE 284 EV BATTERY MARKET, BY REGION, 2028–2033 (THOUSAND UNITS) 239
TABLE 285 EV BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 239
TABLE 286 EV BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 239
TABLE 287 EV BATTERY MARKET, BY REGION, 2028–2033 (USD MILLION) 239
14.2 ASIA PACIFIC 240
14.2.1 RECESSION IMPACT ANALYSIS 240
FIGURE 62 ASIA PACIFIC: EV BATTERY MARKET SNAPSHOT 241
TABLE 288 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2019–2022 (THOUSAND UNITS) 242
TABLE 289 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2023–2027 (THOUSAND UNITS) 242
TABLE 290 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2028–2033 (THOUSAND UNITS) 242
TABLE 291 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 243
TABLE 292 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2023–2027 (USD MILLION) 243
TABLE 293 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2028–2033 (USD MILLION) 243
14.2.2 CHINA 244
14.2.2.1 Rising EV sales to drive market 244
TABLE 294 EV MOBILITY LANDSCAPE IN CHINA 244
TABLE 295 BESTSELLING EVS IN CHINA, 2022 245
TABLE 296 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 246
TABLE 297 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 246
TABLE 298 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 246
TABLE 299 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 247
TABLE 300 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 247
TABLE 301 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 247
14.2.3 JAPAN 248
14.2.3.1 Full exemption of PHEVs from automobile acquisition tax to drive market 248
TABLE 302 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 248
TABLE 303 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 249
TABLE 304 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 249
TABLE 305 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 249
TABLE 306 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 250
TABLE 307 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 250
14.2.4 INDIA 250
14.2.4.1 Plans for 30% EV sales by 2030 to drive market 250
TABLE 308 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 251
TABLE 309 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 251
TABLE 310 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 252
TABLE 311 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 252
TABLE 312 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 252
TABLE 313 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 253
14.2.5 SOUTH KOREA 253
14.2.5.1 Introduction of battery-powered electric buses to drive market 253
TABLE 314 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 254
TABLE 315 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 254
TABLE 316 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 254
TABLE 317 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 255
TABLE 318 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 255
TABLE 319 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 255
14.2.6 THAILAND 256
14.2.6.1 Government incentives and 2030 target to drive market 256
TABLE 320 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 256
TABLE 321 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 256
TABLE 322 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 257
TABLE 323 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 257
TABLE 324 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 257
TABLE 325 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 258
14.3 EUROPE 258
FIGURE 63 EV SALES BY OEMS, BY PROPULSION, 2022 259
14.3.1 RECESSION IMPACT ANALYSIS 259
FIGURE 64 EUROPE: EV BATTERY MARKET SNAPSHOT 260
TABLE 326 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2019–2022 (THOUSAND UNITS) 261
TABLE 327 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2023–2027 (THOUSAND UNITS) 261
TABLE 328 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2028–2033 (THOUSAND UNITS) 262
TABLE 329 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 262
TABLE 330 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2023–2027 (USD MILLION) 263
TABLE 331 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2028–2033 (USD MILLION) 263
FIGURE 65 EXPANSION PLANS FOR BATTERY PLANTS IN EUROPE 264
14.3.2 FRANCE 264
14.3.2.1 Increase in e-commerce transport to drive market 264
TABLE 332 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 265
TABLE 333 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 265
TABLE 334 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 265
TABLE 335 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 266
TABLE 336 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 266
TABLE 337 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 266
14.3.3 GERMANY 267
14.3.3.1 Government and OEM plans for rapid EV shift to drive market 267
TABLE 338 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 267
TABLE 339 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 267
TABLE 340 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 268
TABLE 341 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 268
TABLE 342 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 268
TABLE 343 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 269
14.3.4 SPAIN 269
14.3.4.1 Increasing investments in EV space to drive market 269
TABLE 344 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 270
TABLE 345 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 270
TABLE 346 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 270
TABLE 347 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 271
TABLE 348 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 271
TABLE 349 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 271
14.3.5 ITALY 272
14.3.5.1 Technological development in EV batteries to drive market 272
TABLE 350 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 272
TABLE 351 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 272
TABLE 352 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 273
TABLE 353 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 273
TABLE 354 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 273
TABLE 355 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 274
14.3.6 UK 274
14.3.6.1 Rise in investments in EV ecosystem to drive market 274
TABLE 356 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 275
TABLE 357 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 275
TABLE 358 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 275
TABLE 359 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 276
TABLE 360 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 276
TABLE 361 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 276
14.3.7 DENMARK 277
14.3.7.1 Favorable EV regulations to drive market 277
TABLE 362 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 277
TABLE 363 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 277
TABLE 364 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 278
TABLE 365 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 278
TABLE 366 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 278
TABLE 367 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 279
14.3.8 NORWAY 279
14.3.8.1 Replacement of ICE vehicles with advanced EVs to drive market 279
TABLE 368 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 280
TABLE 369 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 280
TABLE 370 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 280
TABLE 371 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 281
TABLE 372 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 281
TABLE 373 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 281
14.3.9 SWEDEN 282
14.3.9.1 Ongoing incentive and subsidy plans to drive market 282
TABLE 374 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 282
TABLE 375 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 282
TABLE 376 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 283
TABLE 377 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 283
TABLE 378 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 283
TABLE 379 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 284
14.4 NORTH AMERICA 284
14.4.1 RECESSION IMPACT ANALYSIS 285
FIGURE 66 EV BATTERY INITIATIVES IN NORTH AMERICA TILL 2022 286
FIGURE 67 US TO HOLD DOMINANT MARKET SHARE IN NORTH AMERICA DURING FORECAST PERIOD 286
TABLE 380 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2019–2022 (THOUSAND UNITS) 287
TABLE 381 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2023–2027 (THOUSAND UNITS) 287
TABLE 382 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2028–2033 (THOUSAND UNITS) 287
TABLE 383 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 287
TABLE 384 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2023–2027 (USD MILLION) 287
TABLE 385 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2028–2033 (USD MILLION) 288
14.4.2 US 288
14.4.2.1 Increasing demand for electric trucks to drive market 288
TABLE 386 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 288
TABLE 387 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 289
TABLE 388 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 289
TABLE 389 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 289
TABLE 390 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 290
TABLE 391 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 290
14.4.3 CANADA 290
14.4.3.1 Government support to promote EVs to drive market 290
TABLE 392 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (THOUSAND UNITS) 291
TABLE 393 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (THOUSAND UNITS) 291
TABLE 394 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (THOUSAND UNITS) 291
TABLE 395 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION) 292
TABLE 396 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2023–2027 (USD MILLION) 292
TABLE 397 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2028–2033 (USD MILLION) 292
15 COMPETITIVE LANDSCAPE 293
15.1 OVERVIEW 293
15.2 MARKET SHARE ANALYSIS, 2022 293
TABLE 398 DEGREE OF COMPETITION, 2022 293
FIGURE 68 MARKET SHARE ANALYSIS, 2022 294
15.2.1 CATL 294
15.2.2 LG ENERGY SOLUTION LTD. 295
15.2.3 BYD COMPANY LTD. 295
15.2.4 PANASONIC HOLDINGS CORPORATION 295
15.2.5 SK INNOVATION CO., LTD. 295
15.3 KEY PLAYERS’ STRATEGIES 296
TABLE 399 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN EV BATTERY MARKET 296
15.4 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 297
FIGURE 69 TOP PUBLIC/LISTED PLAYERS DOMINATING EV BATTERY MARKET DURING LAST 5 YEARS 297
15.5 COMPANY EVALUATION MATRIX 298
15.5.1 STARS 298
15.5.2 EMERGING LEADERS 298
15.5.3 PERVASIVE PLAYERS 298
15.5.4 PARTICIPANTS 299
15.5.5 COMPANY FOOTPRINT 299
TABLE 400 EV BATTERY MARKET: COMPANY FOOTPRINT, 2022 299
TABLE 401 EV BATTERY MARKET: PRODUCT FOOTPRINT, 2022 300
TABLE 402 EV BATTERY MARKET: REGIONAL FOOTPRINT, 2022 300
FIGURE 70 EV BATTERY MARKET: COMPANY EVALUATION MATRIX, 2022 301
15.6 START-UP/SME EVALUATION MATRIX 302
15.6.1 PROGRESSIVE COMPANIES 302
15.6.2 RESPONSIVE COMPANIES 302
15.6.3 DYNAMIC COMPANIES 302
15.6.4 STARTING BLOCKS 302
15.6.5 COMPETITIVE BENCHMARKING 303
TABLE 403 EV BATTERY MARKET: LIST OF KEY START-UPS/SMES 303
TABLE 404 EV BATTERY MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 304
FIGURE 71 EV BATTERY MARKET: START-UP/SME EVALUATION MATRIX, 2022 305
15.7 COMPETITIVE SCENARIO 305
15.7.1 PRODUCT LAUNCHES 305
TABLE 405 PRODUCT LAUNCHES, 2021–2023 306
15.7.2 DEALS 308
TABLE 406 DEALS, 2021–2023 308
TABLE 407 OTHERS, 2021–2023 322
16 COMPANY PROFILES 326
(Business overview, Products offered, Recent developments & MnM View)*
16.1 KEY PLAYERS 326
16.1.1 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED 326
TABLE 408 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: COMPANY OVERVIEW 326
FIGURE 72 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: COMPANY SNAPSHOT 327
FIGURE 73 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: PATENT ANALYSIS 327
TABLE 409 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: SUPPLY AGREEMENTS 328
TABLE 410 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: PRODUCTS OFFERED 331
TABLE 411 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: PRODUCT LAUNCHES/DEVELOPMENTS 331
TABLE 412 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: DEALS 332
TABLE 413 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: OTHERS 336
16.1.2 LG ENERGY SOLUTION 338
TABLE 414 LG ENERGY SOLUTION: COMPANY OVERVIEW 338
FIGURE 74 LG ENERGY SOLUTION: COMPANY SNAPSHOT 339
TABLE 415 LG ENERGY SOLUTION: R&D OVERVIEW 339
TABLE 416 LG ENERGY SOLUTION: SUPPLY AGREEMENTS 340
FIGURE 75 LG ENERGY SOLUTION: EV SOLUTION 343
TABLE 417 LG ENERGY SOLUTION: PRODUCTS OFFERED 343
TABLE 418 LG ENERGY SOLUTION: DEALS 343
TABLE 419 LG ENERGY SOLUTION: OTHERS 345
16.1.3 BYD COMPANY LIMITED 347
TABLE 420 BYD COMPANY LIMITED: COMPANY OVERVIEW 347
FIGURE 76 BYD COMPANY LIMITED: COMPANY SNAPSHOT 348
TABLE 421 BYD COMPANY LIMITED: PRODUCTS OFFERED 348
TABLE 422 BYD COMPANY LIMITED: PRODUCT LAUNCHES/DEVELOPMENTS 349
TABLE 423 BYD COMPANY LIMITED: DEALS 349
TABLE 424 BYD COMPANY LIMITED: OTHERS 350
16.1.4 PANASONIC HOLDINGS CORPORATION 351
TABLE 425 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW 351
FIGURE 77 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT 352
TABLE 426 PANASONIC HOLDINGS CORPORATION: SUPPLY AGREEMENTS 352
TABLE 427 PANASONIC HOLDINGS CORPORATION: PRODUCTS OFFERED 353
TABLE 428 PANASONIC HOLDINGS CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 354
TABLE 429 PANASONIC HOLDINGS CORPORATION: DEALS 355
TABLE 430 PANASONIC HOLDINGS CORPORATION: OTHERS 357
16.1.5 SK INNOVATION CO., LTD. 359
TABLE 431 SK INNOVATION CO., LTD.: COMPANY OVERVIEW 359
FIGURE 78 SK INNOVATION CO., LTD.: COMPANY SNAPSHOT 360
TABLE 432 SK INNOVATION CO., LTD.: SUPPLY AGREEMENTS 360
FIGURE 79 SK INNOVATION CO., LTD.: GLOBAL BATTERY PRODUCTION 361
TABLE 433 SK INNOVATION CO., LTD.: PRODUCTS OFFERED 362
TABLE 434 SK INNOVATION CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 362
TABLE 435 SK INNOVATION CO., LTD.: DEALS 363
TABLE 436 SK INNOVATION CO., LTD.: OTHERS 365
16.1.6 SAMSUNG SDI CO., LTD. 367
TABLE 437 SAMSUNG SDI CO., LTD.: COMPANY OVERVIEW 367
FIGURE 80 SAMSUNG SDI CO., LTD.: COMPANY SNAPSHOT 368
TABLE 438 SAMSUNG SDI CO., LTD.: SUPPLY AGREEMENTS 368
FIGURE 81 SAMSUNG SDI CO., LTD.: GLOBAL FOOTPRINT 370
TABLE 439 SAMSUNG SDI CO., LTD.: PRODUCTS OFFERED 370
TABLE 440 SAMSUNG SDI CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 371
TABLE 441 SAMSUNG SDI CO., LTD.: DEALS 371
TABLE 442 SAMSUNG SDI CO., LTD.: OTHERS 373
16.1.7 CALB 374
TABLE 443 CALB: COMPANY OVERVIEW 374
FIGURE 82 CALB: COMPANY SNAPSHOT 375
TABLE 444 CALB: PRODUCTS OFFERED 375
TABLE 445 CALB: PRODUCT LAUNCHES/DEVELOPMENTS 376
TABLE 446 CALB: DEALS 376
16.1.8 GOTION HIGH-TECH CO., LTD. 378
TABLE 447 GOTION HIGH-TECH CO., LTD.: COMPANY OVERVIEW 378
FIGURE 83 GOTION HIGH-TECH CO., LTD.: COMPANY SNAPSHOT 379
TABLE 448 GOTION HIGH-TECH CO., LTD.: PRODUCTS OFFERED 379
TABLE 449 GOTION HIGH-TECH CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 380
TABLE 450 GOTION HIGH-TECH CO., LTD.: DEALS 380
TABLE 451 GOTION HIGH-TECH CO., LTD.: OTHERS 382
16.1.9 SUNWODA ELECTRONIC CO., LTD. 383
TABLE 452 SUNWODA ELECTRONIC CO., LTD.: COMPANY OVERVIEW 383
FIGURE 84 SUNWODA ELECTRONIC CO., LTD.: COMPANY SNAPSHOT 384
TABLE 453 SUNWODA ELECTRONIC CO., LTD.: PRODUCTS OFFERED 384
TABLE 454 SUNWODA ELECTRONIC CO., LTD.: DEALS 385
TABLE 455 SUNWODA ELECTRONIC CO., LTD.: OTHERS 386
16.1.10 FARASIS ENERGY (GANZHOU) CO., LTD. 387
TABLE 456 FARASIS ENERGY (GANZHOU) CO., LTD.: COMPANY OVERVIEW 387
FIGURE 85 FARASIS ENERGY (GANZHOU) CO., LTD.: COMPANY SNAPSHOT 387
TABLE 457 FARASIS ENERGY (GANZHOU) CO., LTD.: PRODUCTS OFFERED 388
TABLE 458 FARASIS ENERGY (GANZHOU) CO., LTD.: DEALS 388
TABLE 459 FARASIS ENERGY (GANZHOU) CO., LTD.: OTHERS 389
16.1.11 VEHICLE ENERGY JAPAN INC. 390
TABLE 460 VEHICLE ENERGY JAPAN INC.: COMPANY OVERVIEW 390
TABLE 461 VEHICLE ENERGY JAPAN INC.: SUPPLY AGREEMENTS 390
TABLE 462 VEHICLE ENERGY JAPAN INC.: PRODUCTS OFFERED 391
TABLE 463 VEHICLE ENERGY JAPAN INC.: DEALS 391
TABLE 464 VEHICLE ENERGY JAPAN INC.: OTHERS 392
16.1.12 TOSHIBA CORPORATION 393
TABLE 465 TOSHIBA CORPORATION: COMPANY OVERVIEW 393
FIGURE 86 TOSHIBA CORPORATION: COMPANY SNAPSHOT 394
TABLE 466 TOSHIBA CORPORATION: PRODUCTS OFFERED 394
TABLE 467 TOSHIBA CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 395
TABLE 468 TOSHIBA CORPORATION: DEALS 395
TABLE 469 TOSHIBA CORPORATION: OTHERS 396
16.1.13 MITSUBISHI CORPORATION 397
TABLE 470 MITSUBISHI CORPORATION: COMPANY OVERVIEW 397
FIGURE 87 MITSUBISHI CORPORATION: COMPANY SNAPSHOT 398
TABLE 471 MITSUBISHI CORPORATION: PRODUCTS OFFERED 398
TABLE 472 MITSUBISHI CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 399
TABLE 473 MITSUBISHI CORPORATION: DEALS 399
TABLE 474 MITSUBISHI CORPORATION: OTHERS 400
16.1.14 ENERSYS 401
TABLE 475 ENERSYS: COMPANY OVERVIEW 401
FIGURE 88 ENERSYS: COMPANY SNAPSHOT 402
TABLE 476 ENERSYS: PRODUCTS OFFERED 402
TABLE 477 ENERSYS: PRODUCT LAUNCHES/DEVELOPMENTS 403
TABLE 478 ENERSYS: DEALS 403
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
16.2 OTHER PLAYERS 404
16.2.1 EXIDE INDUSTRIES LIMITED 404
TABLE 479 EXIDE INDUSTRIES LIMITED: COMPANY OVERVIEW 404
16.2.2 PRIMEARTH EV ENERGY CO., LTD. 405
TABLE 480 PRIMEARTH EV ENERGY CO., LTD.: COMPANY OVERVIEW 405
16.2.3 E-ONE MOLI ENERGY CORP. 405
TABLE 481 E-ONE MOLI ENERGY CORP: COMPANY OVERVIEW 405
16.2.4 TARGRAY TECHNOLOGY INTERNATIONAL INC. 406
TABLE 482 TARGRAY TECHNOLOGY INTERNATIONAL INC.: COMPANY OVERVIEW 406
16.2.5 ALTAIR NANOTECHNOLOGIES INC. 406
TABLE 483 ALTAIR NANOTECHNOLOGIES INC.: COMPANY OVERVIEW 406
16.2.6 CLARIOS 407
TABLE 484 CLARIOS: COMPANY OVERVIEW 407
16.2.7 NORTHVOLT AB 408
TABLE 485 NORTHVOLT AB: COMPANY OVERVIEW 408
16.2.8 LECLANCHÉ SA 409
TABLE 486 LECLANCHÉ SA: COMPANY OVERVIEW 409
16.2.9 APTIV PLC 410
TABLE 487 APTIV PLC: COMPANY OVERVIEW 410
16.2.10 ENVISION ENERGY 410
TABLE 488 ENVISION ENERGY: COMPANY OVERVIEW 410
16.2.11 A123 SYSTEMS 411
TABLE 489 A123 SYSTEMS: COMPANY OVERVIEW 411
16.2.12 GS YUASA INTERNATIONAL LTD. 412
TABLE 490 GS YUASA INTERNATIONAL LTD.: COMPANY OVERVIEW 412
16.2.13 AUTOMOTIVE ENERGY SUPPLY CORPORATION 413
TABLE 491 AUTOMOTIVE ENERGY SUPPLY CORPORATION: COMPANY OVERVIEW 413
16.2.14 RUIPU LANJUN ENERGY CO., LTD. 414
TABLE 492 RUIPU LANJUN ENERGY CO., LTD.: COMPANY OVERVIEW 414
17 RECOMMENDATIONS BY MARKETSANDMARKETS 415
17.1 TECHNOLOGICAL DEVELOPMENTS IN EV BATTERY MARKET 415
17.2 EUROPE TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 415
17.3 DEMAND FOR EFFICIENT AND LOW-COST BATTERY CHEMISTRY TO DRIVE EV BATTERY MARKET 415
17.4 CONCLUSION 416
18 APPENDIX 417
18.1 KEY INSIGHTS OF INDUSTRY EXPERTS 417
18.2 DISCUSSION GUIDE 417
18.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 420
18.4 CUSTOMIZATION OPTIONS 422
18.4.1 ADDITIONAL COMPANY PROFILE 422
18.4.2 EV BATTERY MARKET, BY PROPULSION TYPE AT THE COUNTRY LEVEL 422
18.4.3 EV BATTERY MARKET, BY PROPULSION TYPE AT THE VEHICLE TYPE LEVEL 422
18.5 RELATED REPORTS 422
18.6 AUTHOR DETAILS 423