Global Electric Vehicle Battery Market Report 2024

Electric Vehicle Battery Global Market Report 2024 – By Battery Type (Lead-Acid Battery, Lithium-Ion Battery, Other Battery Types), By Propulsion Type ( Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Other Vehicle Types) – Market Size, Trends, And Global Forecast 2024-2033

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Electric Vehicle Battery Market Definition And Segments

The electric vehicle battery refers to a rechargeable energy storage device specifically designed to power electric vehicles. These batteries store electrical energy in chemical form and supply it to the electric motor when needed for propulsion.

The main types of electric vehicle batteries are lead-acid batteries, lithium-ion batteries, and others. Lead-acid batteries are vital components within the electric vehicle (EV) sector, serving as indispensable sources of power for supplementary functions like illumination, communication, and safety mechanisms, thereby supplementing the primary lithium-ion battery pack. The propulsion type is categorized into battery electric vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles. The vehicle types include passenger cars, light commercial vehicles, heavy commercial vehicles, and others.

The electric vehicle battery market covered in this report is segmented –

1) By Battery Type: Lead-Acid Battery, Lithium-Ion Battery, Other Battery Types

2) By Propulsion Type: Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle

3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Other Vehicle Types

The electric vehicle battery market size has grown exponentially in recent years. It will grow from $51.47 billion in 2023 to $63.48 billion in 2024 at a compound annual growth rate (CAGR) of 23.3%. The growth in the historic period can be attributed to government incentives and regulations, advancements in battery technology, environmental concerns and sustainability, rise of renewable energy, reduction in battery costs.

The electric vehicle battery market size is expected to see exponential growth in the next few years. It will grow to $135.98 billion in 2028 at a compound annual growth rate (CAGR) of 21.0%. The growth in the forecast period can be attributed to the rise of electric vehicle fleets, consumer preferences and awareness, geopolitical factors, and supply chain resilience, expansion of charging infrastructure. Major trends in the forecast period include rising mega-trend for electrification, advancements In technology, innovation in battery materials and manufacturing processes, adoption of battery leasing and subscription models, development of fast-charging technologies.

The Rise Of Zero-Emission Vehicles Fuels Electric Vehicle Battery Market Growth

The growing demand for zero-emission vehicles is expected to propel the growth of the electric vehicle battery market going forward. A zero-emission vehicle is a type of vehicle that produces no tailpipe emissions of greenhouse gases or other pollutants during operation. The increasing demand for zero-emission vehicles is driven by environmental concerns, government incentives, and growing awareness of sustainable transportation, prompting a shift towards cleaner and more eco-friendly mobility solutions. Zero-emission vehicles utilize electric vehicle batteries to store and supply electricity to power the electric motor, enabling emission-free and sustainable transportation. For instance, in July 2023, according to the International Energy Agency, a France-based autonomous intergovernmental organization, the electric car market was experiencing rapid expansion, surpassing 10 million in sales in 2022, with the share of electric cars in total sales more than tripling from approximately 4% in 2020 to 14% in 2022 within three years. The strong momentum in electric vehicle (EV) sales is anticipated to persist throughout 2023. Therefore, the growing demand for zero-emission vehicles is driving the growth of the electric vehicle battery market.

Major companies operating in the electric vehicle battery market are Hitachi Chemical Co. Ltd., Tesla Inc., Panasonic Corporation, BYD Company Limited, SK Innovation Co. Ltd., Contemporary Amperex Technology Co. Limited, LG Chem Ltd., Mitsubishi Electric Corporation, Fuji Electronic Co Ltd., Johnson Controls International plc, Toshiba Corporation, Samsung SDI Co. Ltd., EVE Energy Co. Ltd., CALB (China Aviation Lithium Battery Co. Ltd.), East Penn Manufacturing Co., Northvolt AB, Wanxiang Group Corporation, Varta AG, A123 Systems LLC, Shenzhen BAK Battery Co. Ltd., SVOLT Energy Technology Co. Ltd., Okaya Power Pvt. Ltd., Microvast Power Systems, Farasis Energy Inc., Beijing Pride Power Battery Technology Co. Ltd., Crown Battery Corporation, Hangzhou Tiecheng Information Technology, Tianjin Lishen Battery Joint-Stock Co. Ltd., OptimumNano Energy Co. Ltd.

Sodium-Ion Battery Technology Revolutionizing Electric Vehicle Market

Major companies operating in the electric vehicle battery market are focused on developing innovative material technologies, such as sodium-ion battery technology, to enhance energy density and lower costs in the market. This technology encompasses innovations such as higher energy density, faster charging capabilities, longer cycle life, and improved safety features to enhance overall performance and address key challenges in electrified transportation. For instance, in December 2023, KPIT Technologies, an India-based provider of automotive and mobility software, launched sodium (Na)-ion battery technology. This battery technology shows potential in diminishing reliance on imported core battery materials and finding diverse applications in automotive, particularly for electric two- and three-wheelers and commercial vehicles. Additionally, it has stationary uses such as UPS backups and grid storage, along with applications in the marine and defense sectors. Sodium-ion batteries boast an extended lifespan, retain 80% capacity for 3000-6000 cycles, and exhibit faster charging capabilities compared to lithium batteries.

Nikola Corporation's Strategic Acquisition Of Romeo Power Inc.

In October 2022, Nikola Corporation, a US-based manufacturer of zero-emission battery-electric and hydrogen-electric vehicles and hydrogen station infrastructure, acquired Romeo Power Inc. for an undisclosed amount. The incorporation of Romeo will strengthen Nikola's capabilities, enabling vertical integration to expedite product development and enhance performance, marking a significant step in our dedication to revolutionizing the transportation sector. Romeo Power Inc. is a US-based designer and manufacturer of high-quality lithium-ion battery solutions for electric vehicles.

Asia-Pacific was the largest region in the electric vehicle battery market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the electric vehicle battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the electric vehicle battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electric vehicle battery market consists of sales of solid-state batteries, nickel-metal hydride batteries, and lithium iron phosphate batteries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The electric vehicle battery research report is one of a series of new reports from The Business Research Company that provides electric vehicle battery market statistics, including the electric vehicle battery industry's global market size, regional shares, competitors with an electric vehicle battery market share, detailed electric vehicle battery market segments, market trends and opportunities, and any further data you may need to thrive in the electric vehicle battery industry. This electric vehicle battery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Electric Vehicle Battery Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $63.48 billion
Revenue Forecast In 2033 $135.98 billion
Growth Rate CAGR of 21.0% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Battery Type: Lead-Acid Battery, Lithium-Ion Battery, Other Battery Types
2) By Propulsion Type: Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Other Vehicle Types
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Hitachi Chemical Co. Ltd.; Tesla Inc.; Panasonic Corporation; BYD Company Limited; SK Innovation Co. Ltd.; Contemporary Amperex Technology Co. Limited; LG Chem Ltd.; Mitsubishi Electric Corporation; Fuji Electronic Co Ltd; Johnson Controls International plc; Toshiba Corporation; Samsung SDI Co. Ltd.; EVE Energy Co. Ltd.; CALB (China Aviation Lithium Battery Co. Ltd.); East Penn Manufacturing Co.; Northvolt AB; Wanxiang Group Corporation; Varta AG; A123 Systems LLC; Shenzhen BAK Battery Co. Ltd.; SVOLT Energy Technology Co. Ltd.; Okaya Power Pvt. Ltd.; Microvast Power Systems; Farasis Energy Inc.; Beijing Pride Power Battery Technology Co. Ltd.; Crown Battery Corporation; Hangzhou Tiecheng Information Technology; Tianjin Lishen Battery Joint-Stock Co. Ltd.; OptimumNano Energy Co. Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Electric Vehicle Battery Market Characteristics

    3. Electric Vehicle Battery Market Trends And Strategies

    4. Electric Vehicle Battery Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Electric Vehicle Battery Market Size and Growth

    5.1. Global Electric Vehicle Battery Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Electric Vehicle Battery Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Electric Vehicle Battery Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Electric Vehicle Battery Market Segmentation

    6.1. Global Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Lead-Acid Battery

    Lithium-Ion Battery

    Other Battery Types

    6.2. Global Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Battery Electric Vehicle

    Hybrid Electric Vehicle

    Plug-In Hybrid Electric Vehicle

    6.3. Global Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Passenger Cars

    Light Commercial Vehicles

    Heavy Commercial Vehicles

    Other Vehicle Types

    7. Electric Vehicle Battery Market Regional And Country Analysis

    7.1. Global Electric Vehicle Battery Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Electric Vehicle Battery Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Electric Vehicle Battery Market

    8.1. Asia-Pacific Electric Vehicle Battery Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Electric Vehicle Battery Market

    9.1. China Electric Vehicle Battery Market Overview

    9.2. China Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Electric Vehicle Battery Market

    10.1. India Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Electric Vehicle Battery Market

    11.1. Japan Electric Vehicle Battery Market Overview

    11.2. Japan Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Electric Vehicle Battery Market

    12.1. Australia Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Electric Vehicle Battery Market

    13.1. Indonesia Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Electric Vehicle Battery Market

    14.1. South Korea Electric Vehicle Battery Market Overview

    14.2. South Korea Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Electric Vehicle Battery Market

    15.1. Western Europe Electric Vehicle Battery Market Overview

    15.2. Western Europe Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Electric Vehicle Battery Market

    16.1. UK Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Electric Vehicle Battery Market

    17.1. Germany Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Electric Vehicle Battery Market

    18.1. France Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Electric Vehicle Battery Market

    19.1. Italy Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Electric Vehicle Battery Market

    20.1. Spain Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Electric Vehicle Battery Market

    21.1. Eastern Europe Electric Vehicle Battery Market Overview

    21.2. Eastern Europe Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Electric Vehicle Battery Market

    22.1. Russia Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Electric Vehicle Battery Market

    23.1. North America Electric Vehicle Battery Market Overview

    23.2. North America Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Electric Vehicle Battery Market

    24.1. USA Electric Vehicle Battery Market Overview

    24.2. USA Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Electric Vehicle Battery Market

    25.1. Canada Electric Vehicle Battery Market Overview

    25.2. Canada Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Electric Vehicle Battery Market

    26.1. South America Electric Vehicle Battery Market Overview

    26.2. South America Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Electric Vehicle Battery Market

    27.1. Brazil Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Electric Vehicle Battery Market

    28.1. Middle East Electric Vehicle Battery Market Overview

    28.2. Middle East Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Electric Vehicle Battery Market

    29.1. Africa Electric Vehicle Battery Market Overview

    29.2. Africa Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Electric Vehicle Battery Market Competitive Landscape And Company Profiles

    30.1. Electric Vehicle Battery Market Competitive Landscape

    30.2. Electric Vehicle Battery Market Company Profiles

    30.2.1. Hitachi Chemical Co. Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Tesla Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Panasonic Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. BYD Company Limited

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. SK Innovation Co. Ltd.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Electric Vehicle Battery Market Other Major And Innovative Companies

    31.1. Contemporary Amperex Technology Co. Limited

    31.2. LG Chem Ltd.

    31.3. Mitsubishi Electric Corporation

    31.4. Fuji Electronic Co Ltd

    31.5. Johnson Controls International plc

    31.6. Toshiba Corporation

    31.7. Samsung SDI Co. Ltd.

    31.8. EVE Energy Co. Ltd.

    31.9. CALB (China Aviation Lithium Battery Co. Ltd.)

    31.10. East Penn Manufacturing Co.

    31.11. Northvolt AB

    31.12. Wanxiang Group Corporation

    31.13. Varta AG

    31.14. A123 Systems LLC

    31.15. Shenzhen BAK Battery Co. Ltd.

    32. Global Electric Vehicle Battery Market Competitive Benchmarking

    33. Global Electric Vehicle Battery Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Electric Vehicle Battery Market

    35. Electric Vehicle Battery Market Future Outlook and Potential Analysis

    35.1 Electric Vehicle Battery Market In 2028 - Countries Offering Most New Opportunities

    35.2 Electric Vehicle Battery Market In 2028 - Segments Offering Most New Opportunities

    35.3 Electric Vehicle Battery Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Electric Vehicle Battery Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Electric Vehicle Battery Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Hitachi Chemical Co. Ltd. Financial Performance
  • Table 75: Tesla Inc. Financial Performance
  • Table 76: Panasonic Corporation Financial Performance
  • Table 77: BYD Company Limited Financial Performance
  • Table 78: SK Innovation Co. Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Electric Vehicle Battery Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Electric Vehicle Battery Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Electric Vehicle Battery Market, Segmentation By Battery Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Electric Vehicle Battery Market, Segmentation By Propulsion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Electric Vehicle Battery Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Hitachi Chemical Co. Ltd. Financial Performance
  • Figure 75: Tesla Inc. Financial Performance
  • Figure 76: Panasonic Corporation Financial Performance
  • Figure 77: BYD Company Limited Financial Performance
  • Figure 78: SK Innovation Co. Ltd. Financial Performance
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Frequently Asked Questions

What is the definition of the electric vehicle battery market?

The electric vehicle battery refers to a rechargeable energy storage device specifically designed to power electric vehicles. These batteries store electrical energy in chemical form and supply it to the electric motor when needed for propulsion. For further insights on the electric vehicle battery market, request a sample here

How will the electric vehicle battery market drivers and restraints affect the electric vehicle battery market dynamics? What forces will shape the electric vehicle battery industry going forward?

The electric vehicle battery market major growth driver - The Rise Of Zero-Emission Vehicles Fuels Electric Vehicle Battery Market Growth. For further insights on the electric vehicle battery market, request a sample here

What is the forecast market size or the forecast market value of the electric vehicle battery market?

The electric vehicle battery market size has grown exponentially in recent years. It will grow from $51.47 billion in 2023 to $63.48 billion in 2024 at a compound annual growth rate (CAGR) of 23.3%. The growth in the historic period can be attributed to government incentives and regulations, advancements in battery technology, environmental concerns and sustainability, rise of renewable energy, reduction in battery costs. The electric vehicle battery market size is expected to see exponential growth in the next few years. It will grow to $135.98 billion in 2028 at a compound annual growth rate (CAGR) of 21.0%. The growth in the forecast period can be attributed to the rise of electric vehicle fleets, consumer preferences and awareness, geopolitical factors, and supply chain resilience, expansion of charging infrastructure. Major trends in the forecast period include rising mega-trend for electrification, advancements In technology, innovation in battery materials and manufacturing processes, adoption of battery leasing and subscription models, development of fast-charging technologies. For further insights on the electric vehicle battery market, request a sample here

How is the electric vehicle battery market segmented?

The electric vehicle battery market is segmented
1) By Battery Type: Lead-Acid Battery, Lithium-Ion Battery, Other Battery Types
2) By Propulsion Type: Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Other Vehicle TypesFor further insights on the electric vehicle battery market,
request a sample here

Which region has the largest share of the electric vehicle battery market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the electric vehicle battery market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the electric vehicle battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the electric vehicle battery market, request a sample here.

Who are the major players in the electric vehicle battery market?

Major companies operating in the electric vehicle battery market are Hitachi Chemical Co. Ltd., Tesla Inc., Panasonic Corporation, BYD Company Limited, SK Innovation Co. Ltd., Contemporary Amperex Technology Co. Limited, LG Chem Ltd., Mitsubishi Electric Corporation, Fuji Electronic Co Ltd., Johnson Controls International plc, Toshiba Corporation, Samsung SDI Co. Ltd., EVE Energy Co. Ltd., CALB (China Aviation Lithium Battery Co. Ltd.), East Penn Manufacturing Co., Northvolt AB, Wanxiang Group Corporation, Varta AG, A123 Systems LLC, Shenzhen BAK Battery Co. Ltd., SVOLT Energy Technology Co. Ltd., Okaya Power Pvt. Ltd., Microvast Power Systems, Farasis Energy Inc., Beijing Pride Power Battery Technology Co. Ltd., Crown Battery Corporation, Hangzhou Tiecheng Information Technology, Tianjin Lishen Battery Joint-Stock Co. Ltd., OptimumNano Energy Co. Ltd. For further insights on the electric vehicle battery market, request a sample here.

What are the key trends in the electric vehicle battery market?

Major trend in the electric vehicle battery market - Sodium-Ion Battery Technology Revolutionizing Electric Vehicle Market. For further insights on the electric vehicle battery market, request a sample here.

What are the major opportunities in the electric vehicle battery market? What are the strategies for the electric vehicle battery market?

For detailed insights on the major opportunities and strategies in the electric vehicle battery market, request a sample here.

How does the electric vehicle battery market relate to the overall economy and other similar markets?

For detailed insights on electric vehicle battery market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the electric vehicle battery industry?

For detailed insights on the mergers and acquisitions in the electric vehicle battery industry, request a sample here.

What are the key dynamics influencing the electric vehicle battery market growth? SWOT analysis of the electric vehicle battery market.

For detailed insights on the key dynamics influencing the electric vehicle battery market growth and SWOT analysis of the electric vehicle battery industry, request a sample here.