Please Wait.....
Report
EV Battery Market by Battery Capacity (<50, 50-110, 111-200, 201-300 and >300), Method (Wire, Laser), Propulsion (BEV, PHEV, HEV, FCEV), Battery Type, Material Type, Li-ion Battery Component, Battery Form, Vehicle Type & Region - Global Forecast to 2027
Market Report I 2022-09-26 I 343 Pages I MarketsandMarkets
The global EV battery market is projected to grow at a CAGR of 19.0% from USD 56.4 billion in 2022 to USD 134.6 billion by 2027. The EV battery market will be driven by elements like developing battery technology, supportive governmental policies and regulations, and the introduction of new plug-in EV models.
Manufacturers of EV batteries have developed novel approaches to battery design and chemistry. The reduction of the volume that the battery takes up is another key area of attention for R&D in EV batteries. For instance, Samsung SDI considerably changed the anode-cathode battery separator in order to make the battery smaller. A Chinese EV battery manufacturer named CATL developed "blade-thin" battery cells with a centimeter-thick thickness. A battery system is made up of stacked cells system.
Apart from government initiatives and incentives, the EV battery ecosystem is witnessing various innovations when it comes to the use of advanced metals in the battery. Apart from that, there is a shift in the manner in which batteries are built. For instance, with the introduction of Cell to Pack (CTP) technology, the need for putting cells in modules has been eliminated, thereby making the battery lighter in weight. Similarly, investments by major battery players and few automotive OEMs in capacity expansions as well as green field investments are also poised to play a major role in the growth of the EV battery market.
With improving battery chemistries, the new age batteries are estimated to have better performance characteristics and low cost due to increasing mining of various metals that are used in the anode and cathode of the battery cells. Low cost coupled with better performance is estimated to cause a shift in paradigm of the battery ecosystem and create more demand for EV batteries. With rising demand for EVs, major EV manufacturers are adopting backward integration strategy when it comes to battery manufacturing which will again be a major boost for EV batteries.
The market for electric vehicles has recently undergone changes that have resulted in the introduction of batteries with better characteristics. The limited range of electric vehicles, lengthy charging times, high cost, lifespan, and accessibility of charging stations all discourage users from choosing electric vehicles over internal combustion engines (ICEs), even though these batteries are expected to improve the performance and range of electric vehicles. In order to overcome these obstacles, EV battery makers are concentrating on creating sophisticated batteries with cutting-edge fast- and rapid-charging technologies..
The medium & heavy truck segment would grow at the quickest rate in near future.
Heavy trucks are preferred for long-distance transportation, medium trucks are typically utilised for distribution and trash services. A number of OEMs have been inspired to introduce electric trucks in 2021 as a result of the usage of electricity as a fuel in medium and heavy vehicles. This will eventually drive up demand for EV batteries. For instance, Navistar intends to release international medium-duty electric trucks in 2021 through its newly created business segment, NEXT e Mobility Solutions. Production of Tesla's electric heavy-duty vehicle, the Tesla Semi, with a 500-mile range, is anticipated to start in 2021 as well. All of these prospective projects will increase worldwide EV battery manufacturing, driving the EV battery market.
During the forecast period, North America is expected to dominate the market for medium and heavy trucks. The market in this area is driven by OEMs like Peterbilt, Freightliner, Kenworth, and Navistar, who concentrate on making electric medium-duty trucks. Due to the growing use of these vehicles for distribution and trash services, the market for EV batteries is anticipated to grow in demand. Frito-Lay received their first Peterbilt EV medium truck model in January 2020.
Electrolyte is anticipated to be the largest li-ion battery component segment in the forecast period.
An electrolyte is a liquid that conducts electricity and is found in lithium-ion batteries. It serves as a conduit for ions to readily travel between the positive and negative electrodes inside the battery. In lithium-ion batteries, the electrolyte aids in achieving excellent performance and safety. There are numerous conceivable and accessible composition types, but not all of them are compatible with other battery components.
Lithium-ion batteries typically use non-aqueous solutions as their electrolytes. Salts of lithium hexafluorophosphate (LiPF6) and organic carbonate solvents, such as ethylene carbonate, are employed as electrolytes in this type of battery (EC). The range of the operating temperature of the electrolyte is -20 OC to +50 OC.
Electrolytes risk lasting harm if they are exposed to surroundings with temperatures outside of this range.
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: Tier I - 52%, Tier II - 9%, and OEMs - 39%
- By Designation: CXOs - 24%, Director Level - 45%, and Others - 31%
- By Region: North America - 29%, Europe - 38%, and Asia Pacific - 33%
The EV battery market comprises major companies such as players CATL (China), Panasonic (Japan), LG Chem (South Korea), BYD (China), and Samsung SDI (South Korea).
Research Coverage:
The study covers the EV battery market size and future growth potential across different segments such as by battery type, battery capacity, battery form, method, material type, propulsion, vehicle type, li-ion battery component, and region. 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.
Key Benefits of Buying the Report:
- The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall EV battery market and its subsegments.
- This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
- The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 27
1.2.1 EV BATTERY MARKET DEFINITION, BY BATTERY TYPE 27
1.2.2 EV BATTERY MARKET DEFINITION, BY LI-ION BATTERY COMPONENT 27
1.2.3 EV BATTERY MARKET DEFINITION, BY PROPULSION 28
1.2.4 EV BATTERY MARKET DEFINITION, BY VEHICLE TYPE 28
1.2.5 EV BATTERY MARKET DEFINITION, BY MATERIAL TYPE 29
1.2.6 EV BATTERY MARKET DEFINITION, BY METHOD 29
1.2.7 EV BATTERY MARKET DEFINITION, BY BATTERY FORM 30
1.3 INCLUSIONS & EXCLUSIONS 30
TABLE 1 INCLUSIONS & EXCLUSIONS FOR EV BATTERY MARKET 30
1.4 MARKET SCOPE 32
FIGURE 1 MARKET SEGMENTATION: EV BATTERY MARKET 32
1.4.1 YEARS CONSIDERED 32
1.5 CURRENCY CONSIDERED 33
TABLE 2 CURRENCY EXCHANGE RATES (PER USD) 33
1.6 STAKEHOLDERS 33
1.7 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 2 RESEARCH DESIGN 35
FIGURE 3 RESEARCH METHODOLOGY MODEL 36
2.1.1 SECONDARY DATA 37
2.1.1.1 Key secondary sources 37
2.1.1.2 Key data from secondary sources 38
2.1.2 PRIMARY DATA 38
2.1.2.1 Key data from primary sources 39
2.1.2.2 List of participating companies for primary research 39
2.1.2.3 Key industry insights 40
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 40
2.1.2.4 List of primary participants 41
2.2 MARKET ESTIMATION METHODOLOGY 41
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 42
2.3 MARKET SIZE ESTIMATION 43
2.3.1 BOTTOM-UP APPROACH 43
FIGURE 6 GLOBAL EV BATTERY MARKET SIZE: BOTTOM-UP APPROACH 43
2.3.2 TOP-DOWN APPROACH 44
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR EV BATTERY MARKET: TOP-DOWN APPROACH 44
FIGURE 8 EV BATTERY MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF SAMSUNG SDI REVENUE ESTIMATION 44
2.3.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 45
2.4 DATA TRIANGULATION 46
FIGURE 9 DATA TRIANGULATION 46
2.5 FACTOR ANALYSIS 47
2.6 RESEARCH ASSUMPTIONS 47
2.7 RISK ASSESSMENT 48
2.8 RESEARCH LIMITATIONS 49
3 EXECUTIVE SUMMARY 50
FIGURE 10 PASSENGER CARS SEGMENT ESTIMATED TO LEAD MARKET FROM 2022 TO 2027 50
FIGURE 11 EV BATTERY MARKET, BY REGION, 2022-2027 51
4 PREMIUM INSIGHTS 52
4.1 OPPORTUNITIES FOR PLAYERS IN EV BATTERY MARKET 52
FIGURE 12 INCREASING ADOPTION OF ELECTRIC VEHICLES AND GROWING GOVERNMENT INCENTIVES TO DRIVE MARKET 52
4.2 EV BATTERY MARKET, BY VEHICLE TYPE 52
FIGURE 13 PASSENGER CARS SEGMENT EXPECTED TO DOMINATE MARKET DURING FORECAST PERIOD 52
4.3 EV BATTERY MARKET, BY PROPULSION 53
FIGURE 14 FCEV SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 53
4.4 EV BATTERY MARKET, BY BATTERY FORM 53
FIGURE 15 PRISMATIC SEGMENT EXPECTED TO LEAD MARKET FROM 2022 TO 2027 53
4.5 EV BATTERY MARKET, BY MATERIAL 54
FIGURE 16 LITHIUM SEGMENT ESTIMATED TO LEAD MARKET IN 2022 54
4.6 EV BATTERY MARKET, BY LI-ION BATTERY COMPONENT 54
FIGURE 17 ELECTROLYTE SEGMENT PROJECTED TO LEAD MARKET FROM 2022 TO 2027 54
4.7 EV BATTERY MARKET, BY BATTERY CAPACITY 55
FIGURE 18 50-110 KWH SEGMENT EXPECTED TO LEAD MARKET DURING FORECAST PERIOD 55
4.8 EV BATTERY MARKET, BY BATTERY TYPE 55
FIGURE 19 LITHIUM-ION BATTERY SEGMENT ESTIMATED TO BE LARGEST BATTERY TYPE SEGMENT IN 2022 55
4.9 EV BATTERY MARKET, BY REGION 56
FIGURE 20 ASIA PACIFIC ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
TABLE 3 IMPACT OF MARKET DYNAMICS 58
5.2 MARKET DYNAMICS 59
FIGURE 21 EV BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 59
5.2.1 DRIVERS 59
5.2.1.1 Increasing demand for electric vehicles 59
FIGURE 22 BEV, HEV, AND PHEV SALES DATA FOR MAJOR COUNTRIES, THOUSAND UNITS (2019-2021) 60
5.2.1.2 Improvements in battery technology 60
TABLE 4 EV BATTERY IMPROVEMENTS/INNOVATIONS 61
FIGURE 23 DAWN OF EUROPEAN GIGAFACTORIES: ANNOUNCED LITHIUM-ION BATTERY CELL PRODUCTION SITES 62
5.2.1.3 Faster charging speed to enable plug and charge use of EVs 62
FIGURE 24 TIME REQUIRED TO CHARGE ELECTRIC VEHICLES 63
5.2.1.4 Government policies and regulations 64
FIGURE 25 EV-RELATED POLICIES ACROSS MAJOR MARKETS 65
TABLE 5 GOVERNMENT INITIATIVES (2019-2022) 65
5.2.1.5 Launch of new plug-in models by major EV manufacturers 66
TABLE 6 LATEST EV MODELS BY OEMS 66
TABLE 7 PARTNERSHIPS AND SUPPLY CONTRACTS BY OEMS 69
5.2.2 RESTRAINTS 69
5.2.2.1 Procurement concerns related to raw materials 69
FIGURE 26 COBALT RESERVES, BY COUNTRY 70
FIGURE 27 LITHIUM RESERVES, BY COUNTRY 71
5.2.2.2 Lack of charging infrastructure 71
FIGURE 28 RATIO OF PUBLIC CHARGERS PER EV STOCK, BY COUNTRY (2020) 72
5.2.3 OPPORTUNITIES 72
5.2.3.1 Rising electric micromobility 72
TABLE 8 COUNTRY-WISE GOVERNMENT INCENTIVES AND SUBSIDIES 72
5.2.3.2 Introduction of battery-as-a-service (BaaS) models 74
FIGURE 29 BATTERY-AS-A-SERVICE IN EV CARS 74
5.2.4 CHALLENGES 75
5.2.4.1 High initial investments and high cost of electricity 75
TABLE 9 GLOBAL AVERAGE ELECTRICITY COST, 2020-2021 75
5.2.4.2 Bottlenecks in battery charging 75
FIGURE 30 OVERVIEW OF FAST AND SLOW PUBLIC CHARGERS, BY COUNTRY (2015-2021) 76
5.2.4.3 Concerns over battery safety 76
5.2.4.4 High cost of electric vehicles compared to ICE 77
FIGURE 31 COST COMPARISON OF ELECTRIC VEHICLES AND ICE VEHICLES 77
?
5.3 TRENDS AND DISRUPTIONS 78
FIGURE 32 TRENDS AND DISRUPTIONS 78
5.4 PATENT ANALYSIS 79
TABLE 10 PATENT ANALYSIS: EV BATTERY MARKET (ACTIVE PATENTS) 79
FIGURE 33 NUMBER OF ACTIVE PATENTS RELATED TO EV BATTERIES (2010-2022) 83
FIGURE 34 PATENTS PUBLISHED BY MAJOR COMPANIES IN EV ECOSYSTEM (2012-2021) 83
5.5 VALUE CHAIN ANALYSIS 84
FIGURE 35 EV BATTERY MARKET: VALUE CHAIN ANALYSIS 84
FIGURE 36 LITHIUM-ION BATTERY MARKET: VALUE CHAIN ANALYSIS 85
5.6 TECHNOLOGY ANALYSIS 85
5.6.1 INTRODUCTION 85
5.6.2 IMPROVEMENT IN BATTERY COMPOSITION 85
5.6.3 IMPROVEMENT IN BATTERY CHARGING RATE 86
FIGURE 37 CHARGING TIME FOR CARS, BY MODEL (IN HOURS) 86
5.6.4 BATTERY DESIGN AND LOCATION IN EV 87
5.6.5 BATTERY-RELATED SERVICES 87
5.6.6 BATTERY OPTIMIZATION 87
5.6.7 CELL-TO-PACK TECHNOLOGY 88
5.6.8 AB BATTERY SYSTEM 88
5.6.9 SODIUM-ION BATTERY 88
5.7 AVERAGE SELLING PRICE FOR EV BATTERY RAW MATERIALS 88
FIGURE 38 PRICE OF EV BATTERY PER KWH 88
FIGURE 39 COST PER KWH OF MAJOR RAW MATERIALS USED IN EV BATTERIES (2021) 89
FIGURE 40 COST BREAKDOWN OF CELL, BY MATERIALS/COMPONENTS (2021) 89
FIGURE 41 TOTAL COST OF LITHIUM-ION BATTERY CELL (2021) 89
FIGURE 42 LITHIUM-ION BATTERY PRICE TREND, 2013-2021 (USD/KWH) 90
5.8 TRADE/SALES DATA 90
TABLE 11 ELECTRIC VEHICLE MARKET: TRADE DATA FOR MOTOR VEHICLES IN 2021 (HS 8703) 90
5.9 PORTER'S FIVE FORCES ANALYSIS 91
FIGURE 43 PORTER'S FIVE FORCES: EV BATTERY MARKET 91
TABLE 12 EV BATTERY MARKET: PORTER'S FIVE FORCES ANALYSIS 92
5.9.1 THREAT OF NEW ENTRANTS 92
5.9.1.1 Major automobile giants entering EV market 92
5.9.1.2 Emergence of new companies 92
5.9.1.3 Incentives by governments for EV battery manufacturing 92
5.9.1.4 Strict safety regulations 92
5.9.2 THREAT OF SUBSTITUTES 92
5.9.2.1 Types of automobile batteries 92
5.9.2.2 Threat of substitution of lithium-ion batteries 92
5.9.2.3 Development of new types of batteries 93
5.9.2.4 Development of alternative clean-fuel vehicles 93
5.9.3 BARGAINING POWER OF BUYERS 93
5.9.3.1 Declining prices of EV batteries 93
5.9.3.2 Increased demand for EV batteries 93
5.9.3.3 Major buyers of EV batteries 93
5.9.3.4 Increasing demand for micromobility 93
5.9.3.5 Demand for EVs for public transportation 93
5.9.4 BARGAINING POWER OF SUPPLIERS 94
5.9.4.1 Change in demand for major raw materials 94
5.9.4.2 Prices of major raw materials 94
5.9.4.3 Emphasis on eliminating requirement of certain raw materials 94
5.9.4.4 Limited sources and non-uniform distribution of raw materials 94
5.9.5 INTENSITY OF COMPETITIVE RIVALRY 94
5.9.5.1 Currently limited number of major players 94
5.9.5.2 Exceptional growth of certain companies 94
5.9.5.3 Heavy R&D in battery technology 94
5.9.5.4 Requirement of technical know-how 94
5.9.5.5 Entry of large automakers into EV market 95
5.9.6 KEY STAKEHOLDERS IN BUYING PROCESS 95
TABLE 13 INFLUENCE OF KEY STAKEHOLDERS IN BUYING EV BATTERIES 95
5.9.7 BUYING CRITERIA 95
TABLE 14 KEY BUYING CRITERIA 95
5.10 MACROECONOMIC INDICATORS 96
5.10.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES 96
TABLE 15 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES, 2018-2026 (USD BILLION) 96
TABLE 16 REAL GDP GROWTH RATE (ANNUAL PERCENTAGE CHANGE AND FORECAST) FOR MAJOR ECONOMIES, 2022-2026 97
TABLE 17 GDP PER CAPITA TRENDS AND FORECASTS FOR MAJOR ECONOMIES, 2022-2026 (USD) 98
5.11 EV BATTERY MARKET, MARKET SCENARIOS (2022-2027) 99
5.11.1 MOST LIKELY SCENARIO 99
TABLE 18 EV BATTERY MARKET: MOST LIKELY SCENARIO, BY REGION, 2022-2027 (USD BILLION) 99
5.11.2 OPTIMISTIC SCENARIO 99
TABLE 19 EV BATTERY MARKET: OPTIMISTIC SCENARIO, BY REGION, 2022-2027 (USD MILLION) 99
5.11.3 PESSIMISTIC SCENARIO 100
TABLE 20 EV BATTERY MARKET: PESSIMISTIC SCENARIO, BY REGION, 2022-2027 (USD BILLION) 100
5.12 EV MARKET ECOSYSTEM 100
FIGURE 44 EV MARKET: ECOSYSTEM ANALYSIS 100
5.12.1 EV CHARGING PROVIDERS 101
5.12.2 TIER I SUPPLIERS 101
5.12.3 OEMS 101
5.12.4 END USERS 101
TABLE 21 ELECTRIC VEHICLE MARKET: ROLE OF COMPANIES IN ECOSYSTEM 101
TABLE 22 TOP ELECTRIC VEHICLES WITH BATTERY SPECIFICATION 103
5.13 CASE STUDY ANALYSIS 103
5.13.1 TESLA CLAIMS TO REDUCE BATTERY COSTS THROUGH INNOVATION 103
5.13.2 INDIAN OIL CORPORATION LIMITED (IOCL) LAUNCHES BATTERY SWAPPING SERVICE 104
5.13.3 CATL DEVELOPING NO NICKEL, NO COBALT EV BATTERY 104
5.13.4 PANASONIC ANNOUNCES DEVELOPMENT OF SOLID-STATE BATTERY 104
5.13.5 MERCEDES BENZ TO MANUFACTURE BATTERY CELLS 105
5.13.6 VOLKSWAGEN TO CONSIDER IN-HOUSE MANUFACTURING OF BATTERY CELLS 105
5.14 REGULATORY OVERVIEW 105
TABLE 23 CHANGE IN REGULATORY ENVIRONMENT GLOBALLY 105
TABLE 24 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY PERFORMANCE 107
TABLE 25 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY DURABILITY 107
TABLE 26 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY SAFETY 108
TABLE 27 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY RECYCLING 108
5.15 KEY CONFERENCES AND EVENTS IN 2022-2023 109
TABLE 28 EV BATTERY MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 109
5.16 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 110
TABLE 29 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 110
TABLE 30 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 111
TABLE 31 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 112
6 EV BATTERY MARKET, BY BATTERY FORM 113
6.1 INTRODUCTION 114
FIGURE 45 EV BATTERY MARKET, BY BATTERY FORM, 2022 VS. 2027 114
TABLE 32 EV BATTERY MARKET, BY BATTERY FORM, 2018-2021 (THOUSAND UNITS) 115
TABLE 33 EV BATTERY MARKET, BY BATTERY FORM, 2022-2027 (THOUSAND UNITS) 115
6.1.1 CHARACTERISTICS 115
TABLE 34 EV BATTERY CELL CHARACTERISTICS 115
6.1.2 ASSUMPTIONS 118
TABLE 35 ASSUMPTIONS, BY BATTERY FORM 118
FIGURE 46 BATTERY FORMS 119
6.1.3 RESEARCH METHODOLOGY 119
6.2 PRISMATIC 119
6.2.1 ADOPTION OF EVS TO DRIVE SEGMENT 119
FIGURE 47 PRISMATIC CELL BATTERY PACK 120
TABLE 36 PRISMATIC EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 120
TABLE 37 PRISMATIC EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 120
6.3 POUCH 121
6.3.1 OPTIMUM UTILIZATION FOR BATTERY SPACE TO DRIVE SEGMENT 121
TABLE 38 POUCH EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 121
TABLE 39 POUCH EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 121
6.4 CYLINDRICAL 122
6.4.1 LOW-COST MANUFACTURING TO DRIVE FASTER ADOPTION OF CYLINDRICAL CELLS 122
FIGURE 48 CROSS-SECTION OF LITHIUM-ION CYLINDRICAL CELL 123
TABLE 40 CYLINDRICAL EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 123
TABLE 41 CYLINDRICAL EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 123
6.5 KEY PRIMARY INSIGHTS 124
7 EV BATTERY MARKET, BY METHOD 125
7.1 INTRODUCTION 126
FIGURE 49 EV BATTERY MARKET, BY METHOD, 2022 VS. 2027 126
FIGURE 50 APPLICATION OF INTERCONNECTION TECHNOLOGIES 127
TABLE 42 EV BATTERY MARKET, BY METHOD, 2018-2021 (THOUSAND UNITS) 127
TABLE 43 EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 127
7.1.1 OPERATIONAL DATA 128
TABLE 44 DIFFERENT BATTERY ASSEMBLY METHODS 128
7.1.2 ASSUMPTIONS 129
TABLE 45 ASSUMPTIONS, BY METHOD 129
7.1.3 RESEARCH METHODOLOGY 129
7.2 WIRE BONDING 130
7.2.1 ADOPTION OF WIRE BONDING BY OEMS TO FURTHER BOOST SEGMENT 130
TABLE 46 WIRE BONDING: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 130
TABLE 47 WIRE BONDING: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 130
7.3 LASER BONDING 131
7.3.1 HIGHER ACCURACY AND FASTER PROCESS RESULT IN HIGHER ADOPTION OF LASER BONDING 131
TABLE 48 LASER BONDING: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 131
TABLE 49 LASER BONDING: EV BATTERY MARKET, BY REGION, 2022-2027(THOUSAND UNITS) 131
7.4 KEY PRIMARY INSIGHTS 132
?
8 EV BATTERY MARKET, BY BATTERY TYPE 133
8.1 INTRODUCTION 134
FIGURE 51 EV BATTERY MARKET, BY BATTERY TYPE, 2022 VS. 2027 (UNITS) 135
TABLE 50 EV BATTERY MARKET, BY BATTERY TYPE, 2018-2021 (THOUSAND UNITS) 135
TABLE 51 EV BATTERY MARKET, BY BATTERY TYPE, 2022-2027 (THOUSAND UNITS) 135
8.1.1 OPERATIONAL DATA 136
TABLE 52 ELECTRIC VEHICLE MODELS, BY BATTERY TYPE 136
8.1.2 RESEARCH METHODOLOGY 137
8.1.3 ASSUMPTIONS 137
TABLE 53 ASSUMPTIONS, BY BATTERY TYPE 137
8.2 LITHIUM-ION 137
8.2.1 HIGH ENERGY DENSITY AND LONG LIFE CYCLE TO DRIVE SEGMENT 137
FIGURE 52 COMPARATIVE EVALUATION OF ELECTRIC VEHICLES USING LITHIUM-ION BATTERIES 138
TABLE 54 LITHIUM-ION BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 138
TABLE 55 LITHIUM-ION BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 138
8.3 LEAD-ACID 139
8.3.1 DEVELOPMENT OF ADVANCED LEAD-ACID BATTERIES TO DRIVE MARKET 139
8.4 NICKEL-METAL HYDRIDE 139
8.4.1 LONG LIFE CYCLE AND HIGH TOLERANCE TO DRIVE DEMAND FOR NICKEL-METAL HYDRIDE BATTERIES 139
8.5 SOLID-STATE 139
8.5.1 HIGH ENERGY STORAGE CAPABILITY TO FUEL DEMAND FOR SOLID-STATE BATTERIES 139
TABLE 56 US TRANSIT AGENCIES USING BATTERY-POWERED ELECTRIC BUSES 140
TABLE 57 SOLID-STATE BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 141
8.6 SODIUM-ION BATTERY 141
8.6.1 ADOPTION OF SOLID-ION BATTERIES TO BOOST DEMAND 141
8.7 OTHERS 142
TABLE 58 OTHERS: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 142
8.8 KEY PRIMARY INSIGHTS 142
9 EV BATTERY MARKET, BY MATERIAL TYPE 143
9.1 INTRODUCTION 144
FIGURE 53 EV BATTERY MARKET, BY MATERIAL TYPE, 2022 VS. 2027 144
TABLE 59 EV BATTERY MARKET, BY MATERIAL TYPE, 2018-2021 (USD MILLION) 144
TABLE 60 EV BATTERY MARKET, BY MATERIAL TYPE, 2022-2027 (USD MILLION) 145
9.1.1 OPERATIONAL DATA 145
TABLE 61 TYPES OF LITHIUM-ION BATTERY CHEMISTRIES 145
FIGURE 54 ELECTRIC VEHICLE PACTS - JOINT VENTURES BETWEEN AUTOMAKERS AND LI-ION BATTERY MAKERS 146
9.1.2 RESEARCH METHODOLOGY 146
9.1.3 ASSUMPTIONS 147
TABLE 62 ASSUMPTIONS, BY MATERIAL TYPE 147
9.2 COBALT 147
9.2.1 RESISTANCE TOWARD HIGH TEMPERATURE TO DRIVE DEMAND FOR COBALT 147
TABLE 63 COBALT IN EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 147
TABLE 64 COBALT IN EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 148
9.3 LITHIUM 148
9.3.1 HIGHER ENERGY DENSITY TO FUEL DEMAND FOR LITHIUM 148
TABLE 65 LITHIUM IN EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 148
TABLE 66 LITHIUM IN EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 149
9.4 NATURAL GRAPHITE 149
9.4.1 EXPLORATION OF NEW EXTRACTION SITES EXPECTED TO BOOST MARKET 149
TABLE 67 NATURAL GRAPHITE IN EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 149
TABLE 68 NATURAL GRAPHITE IN EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 150
9.5 MANGANESE 150
9.5.1 ADVANCEMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET 150
TABLE 69 MANGANESE IN EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 150
TABLE 70 MANGANESE IN EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 151
9.6 KEY PRIMARY INSIGHTS 151
10 EV BATTERY MARKET, BY PROPULSION 152
10.1 INTRODUCTION 153
FIGURE 55 EV BATTERY MARKET, BY PROPULSION, 2022 VS. 2027 153
TABLE 71 EV BATTERY MARKET, BY PROPULSION, 2018-2021 (THOUSAND UNITS) 154
TABLE 72 EV BATTERY MARKET, BY PROPULSION, 2022-2027 (THOUSAND UNITS) 154
10.1.1 OPERATIONAL DATA 155
TABLE 73 POPULAR EVS WORLDWIDE 155
TABLE 74 ELECTRIC COMMERCIAL VEHICLE DATA, BY COMPANY, MODEL, AND PROPULSION 155
10.1.2 RESEARCH METHODOLOGY 156
10.1.3 ASSUMPTIONS 156
TABLE 75 ASSUMPTIONS, BY PROPULSION 156
10.2 BATTERY ELECTRIC VEHICLE (BEV) 157
10.2.1 HIGHER BEV SALES LIKELY TO DRIVE MARKET 157
TABLE 76 BEV: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 157
TABLE 77 BEV: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 157
10.3 HYBRID ELECTRIC VEHICLE (HEV) 158
10.3.1 RISING ADOPTION OF HEVS TO FURTHER BOOST EV BATTERY MARKET 158
TABLE 78 HEV: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 158
TABLE 79 HEV: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 158
?
10.4 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) 159
10.4.1 DEMAND FOR PHEVS TO SUPPORT EV BATTERY MARKET GROWTH 159
TABLE 80 PHEV: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 159
TABLE 81 PHEV: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 159
10.5 FUEL CELL ELECTRIC VEHICLE (FCEV) 160
10.5.1 EXPECTED INCREASE IN DEMAND FOR FCEV TO DRIVE SEGMENT 160
TABLE 82 FCEV: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 160
TABLE 83 FCEV: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 160
10.6 KEY PRIMARY INSIGHTS 161
11 EV BATTERY MARKET, BY VEHICLE TYPE 162
11.1 INTRODUCTION 163
FIGURE 56 EV BATTERY MARKET, BY VEHICLE TYPE, 2022 VS. 2027 163
TABLE 84 EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 164
TABLE 85 EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 164
TABLE 86 EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 164
TABLE 87 EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 165
11.1.1 OPERATIONAL DATA 165
TABLE 88 ELECTRIC VEHICLES, BY MODEL, VEHICLE TYPE, & PROPULSION 165
11.1.2 RESEARCH METHODOLOGY 166
11.1.3 ASSUMPTIONS 166
TABLE 89 ASSUMPTIONS, BY VEHICLE TYPE 166
11.2 PASSENGER CARS 167
11.2.1 GROWING EMISSION NORMS FOR PASSENGER CARS TO BOOST DEMAND FOR EV BATTERIES 167
TABLE 90 EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2021 (THOUSAND UNITS) 167
TABLE 91 EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2022-2027 (THOUSAND UNITS) 167
TABLE 92 EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2021 (USD MILLION) 168
TABLE 93 EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2022-2027 (USD MILLION) 168
TABLE 94 EV BATTERY MARKET IN PASSENGER CARS, BY BATTERY CAPACITY, 2018-2021 (THOUSAND UNITS) 168
TABLE 95 EV BATTERY MARKET IN PASSENGER CARS, BY BATTERY CAPACITY, 2022-2027 (THOUSAND UNITS) 168
TABLE 96 <50 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2021 (THOUSAND UNITS) 169
TABLE 97 <50 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2022-2027 (THOUSAND UNITS) 169
TABLE 98 50-110 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2021 (THOUSAND UNITS) 169
TABLE 99 50-110 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2022-2027 (THOUSAND UNITS) 169
TABLE 100 111-200 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2021 (THOUSAND UNITS) 170
TABLE 101 111-200 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2022-2027 (THOUSAND UNITS) 170
11.3 VANS/LIGHT TRUCKS 170
11.3.1 INCREASING DEMAND FROM LOGISTICS SECTOR TO DRIVE SEGMENT 170
TABLE 102 ELECTRIC VAN MODELS 171
TABLE 103 EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2021 (THOUSAND UNITS) 171
TABLE 104 EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2022-2027 (THOUSAND UNITS) 172
TABLE 105 EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2021 (USD MILLION) 172
TABLE 106 EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2022-2027 (USD MILLION) 172
TABLE 107 EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY BATTERY CAPACITY, 2018-2021 (THOUSAND UNITS) 172
TABLE 108 EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY BATTERY CAPACITY, 2022-2027 (THOUSAND UNITS) 173
TABLE 109 <50 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2021 (THOUSAND UNITS) 173
TABLE 110 <50 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2022-2027 (THOUSAND UNITS) 173
TABLE 111 50-110 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2021 (THOUSAND UNITS) 174
TABLE 112 50-110 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2022-2027 (THOUSAND UNITS) 174
TABLE 113 111-200 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2021 (THOUSAND UNITS) 174
TABLE 114 111-200 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2022-2027 (THOUSAND UNITS) 174
TABLE 115 201-300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2021 (THOUSAND UNITS) 175
TABLE 116 201-300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2022-2027 (THOUSAND UNITS) 175
11.4 MEDIUM & HEAVY TRUCKS 175
11.4.1 ADOPTION OF ELECTRIC MEDIUM AND HEAVY TRUCKS FOR SHORT AND LONG RANGES TO BOOST MARKET 175
TABLE 117 EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2021 (THOUSAND UNITS) 176
TABLE 118 EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2022-2027 (THOUSAND UNITS) 176
TABLE 119 EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2021 (USD MILLION) 176
TABLE 120 EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2022-2027 (USD MILLION) 176
TABLE 121 EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY BATTERY CAPACITY, 2018-2021 (THOUSAND UNITS) 177
TABLE 122 EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY BATTERY CAPACITY, 2022-2027 (THOUSAND UNITS) 177
TABLE 123 50-110 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2021 (THOUSAND UNITS) 177
TABLE 124 50-110 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2022-2027 (THOUSAND UNITS) 178
TABLE 125 111-200 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2021 (THOUSAND UNITS) 178
TABLE 126 111-200 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2022-2027 (THOUSAND UNITS) 178
TABLE 127 201-300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2021 (THOUSAND UNITS) 178
TABLE 128 201-300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2022-2027 (THOUSAND UNITS) 179
11.5 BUSES 179
11.5.1 HIGH DEMAND FROM MAJOR OEMS IN ASIA PACIFIC TO DRIVE MARKET SIGNIFICANTLY 179
TABLE 129 ELECTRIC BUS DATA BASED ON PROPULSION 180
TABLE 130 EV BATTERY MARKET IN BUSES, BY REGION, 2018-2021 (THOUSAND UNITS) 180
TABLE 131 EV BATTERY MARKET IN BUSES, BY REGION, 2022-2027 (THOUSAND UNITS) 180
TABLE 132 EV BATTERY MARKET IN BUSES, BY REGION, 2018-2021 (USD MILLION) 181
TABLE 133 EV BATTERY MARKET IN BUSES, BY REGION, 2022-2027 (USD MILLION) 181
TABLE 134 EV BATTERY MARKET IN BUSES, BY BATTERY CAPACITY, 2018-2021 (THOUSAND UNITS) 181
TABLE 135 EV BATTERY MARKET IN BUSES, BY BATTERY CAPACITY, 2022-2027 (THOUSAND UNITS) 181
TABLE 136 111-200 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2018-2021 (THOUSAND UNITS) 182
TABLE 137 111-200 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2022-2027 (THOUSAND UNITS) 182
TABLE 138 201-300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2018-2021 (THOUSAND UNITS) 182
TABLE 139 201-300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2022-2027 (THOUSAND UNITS) 182
TABLE 140 >300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2018-2021 (THOUSAND UNITS) 183
TABLE 141 >300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2022-2027 (THOUSAND UNITS) 183
11.6 OFF-HIGHWAY VEHICLES 183
11.6.1 DEMAND FOR HIGH-POWER HEAVY-DUTY ELECTRIC TRUCKS IN AGRICULTURE AND CONSTRUCTION INDUSTRIES TO DRIVE MARKET 183
TABLE 142 MAJOR OFF-HIGHWAY VEHICLE MODELS 184
TABLE 143 EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2021 (THOUSAND UNITS) 186
TABLE 144 EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2022-2027 (THOUSAND UNITS) 186
TABLE 145 EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2021 (USD MILLION) 186
TABLE 146 EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2022-2027 (USD MILLION) 186
TABLE 147 EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY BATTERY CAPACITY, 2018-2021 (THOUSAND UNITS) 187
TABLE 148 EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY BATTERY CAPACITY, 2022-2027 (THOUSAND UNITS) 187
TABLE 149 <50 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2021 (THOUSAND UNITS) 187
TABLE 150 <50 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2022-2027 (THOUSAND UNITS) 188
TABLE 151 50-110 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2021 (THOUSAND UNITS) 188
TABLE 152 50-110 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2022-2027 (THOUSAND UNITS) 188
TABLE 153 111-200 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2021 (THOUSAND UNITS) 188
TABLE 154 111-200 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2022-2027 (THOUSAND UNITS) 189
TABLE 155 201-300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2021 (THOUSAND UNITS) 189
TABLE 156 201-300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2022-2027 (THOUSAND UNITS) 189
TABLE 157 >300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2021 (THOUSAND UNITS) 189
TABLE 158 >300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2022-2027 (THOUSAND UNITS) 190
11.7 KEY PRIMARY INSIGHTS 190
12 EV BATTERY MARKET, BY BATTERY CAPACITY 191
12.1 INTRODUCTION 192
FIGURE 57 EV BATTERY MARKET, BY BATTERY CAPACITY, 2022 VS. 2027 193
TABLE 159 EV BATTERY MARKET, BY BATTERY CAPACITY, 2018-2021 (THOUSAND UNITS) 193
TABLE 160 EV BATTERY MARKET, BY BATTERY CAPACITY, 2022-2027 (THOUSAND UNITS) 193
TABLE 161 EV BATTERY MARKET, BY BATTERY CAPACITY, 2018-2021 (USD MILLION) 194
TABLE 162 EV BATTERY MARKET, BY BATTERY CAPACITY, 2022-2027 (USD MILLION) 194
12.1.1 OPERATIONAL DATA 195
TABLE 163 ELECTRIC VEHICLE DATA, BY MODEL & BATTERY CAPACITY 195
FIGURE 58 TESLA'S NEW TABLESS BATTERY CELL '4680' 195
12.1.2 RESEARCH METHODOLOGY 196
12.1.3 ASSUMPTIONS 196
TABLE 164 ASSUMPTIONS, BY BATTERY CAPACITY 196
12.2 <50 KWH 196
12.2.1 COST FACTOR TO DRIVE MARKET FOR BATTERY WITH <50 KWH CAPACITY 196
TABLE 165 <50 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 197
TABLE 166 <50 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 197
TABLE 167 <50 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 197
TABLE 168 <50 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 197
12.3 50-110 KWH 198
12.3.1 INCREASED DEMAND FOR ELECTRIC VANS/LIGHT TRUCKS TO FUEL MARKET FOR BATTERIES WITH 50-110 KWH CAPACITY 198
TABLE 169 50-110 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 198
TABLE 170 50-110 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 198
TABLE 171 50-110 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 199
TABLE 172 50-110 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 199
12.4 111-200 KWH 199
12.4.1 DEMAND FOR ELECTRIC COMMERCIAL TRUCKS & BUSES EXPECTED TO DRIVE SEGMENT 199
TABLE 173 111-200 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 200
TABLE 174 111-200 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 200
TABLE 175 111-200 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 200
TABLE 176 111-200 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 200
12.5 201-300 KWH 201
12.5.1 BUSES AND TRUCKS WITH 201-300 KWH BATTERY CAPACITY DOMINATE CHINESE PUBLIC TRANSPORT FLEET 201
TABLE 177 201-300 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 201
TABLE 178 201-300 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 201
TABLE 179 201-300 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 201
TABLE 180 201-300 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 202
12.6 >300 KWH 202
12.6.1 INCREASED DEMAND FOR HEAVY COMMERCIAL AND OFF-HIGHWAY VEHICLES TO DRIVE MARKET FOR BATTERIES WITH >300 CAPACITY 202
TABLE 181 >300 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 202
TABLE 182 >300 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 203
TABLE 183 >300 KWH: EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 203
TABLE 184 >300 KWH: EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 203
12.7 KEY PRIMARY INSIGHTS 204
?
13 EV BATTERY MARKET, BY LI-ION BATTERY COMPONENT 205
13.1 INTRODUCTION 206
FIGURE 59 EV BATTERY MARKET, BY LI-ION BATTERY COMPONENT, 2022 VS. 2027 206
TABLE 185 EV BATTERY MARKET, BY LI-ION BATTERY COMPONENT, 2018-2021 (USD MILLION) 207
TABLE 186 EV BATTERY MARKET, BY LI-ION BATTERY COMPONENT, 2022-2027 (USD MILLION) 207
TABLE 187 ELECTROLYTE SOLVENTS, BY TEMPERATURE & FLASHPOINT 207
TABLE 188 MOST COMMONLY USED LITHIUM-ION BATTERIES AND THEIR SPECIFICATIONS 208
TABLE 189 LIST OF VEHICLE MODELS AND CATHODE MATERIAL SUPPLIERS 208
TABLE 190 LIST OF VEHICLE MODELS AND ANODE MATERIAL SUPPLIERS 209
FIGURE 60 LITHIUM-ION BATTERY WORKING PRINCIPLE 210
13.1.1 RESEARCH METHODOLOGY 210
13.1.2 ASSUMPTIONS 211
TABLE 191 ASSUMPTIONS, BY LI-ION BATTERY COMPONENT 211
13.2 NEGATIVE ELECTRODE 211
13.2.1 HIGH PRESENCE OF NEGATIVE ELECTRODE COMPANIES DRIVES MARKET IN ASIA PACIFIC 211
TABLE 192 NEGATIVE ELECTRODE EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 211
TABLE 193 NEGATIVE ELECTRODE EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 212
13.3 POSITIVE ELECTRODE 212
13.3.1 DEMAND FOR HIGH-PERFORMANCE AND LONG LIFE CYCLE CELLS TO DRIVE MARKET 212
TABLE 194 POSITIVE ELECTRODE EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 212
TABLE 195 POSITIVE ELECTRODE EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 213
13.4 ELECTROLYTE 213
13.4.1 SAFETY AND HIGH PERFORMANCE OF BATTERIES TO DRIVE MARKET FOR ELECTROLYTES 213
TABLE 196 ELECTROLYTE EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 213
TABLE 197 ELECTROLYTE EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 214
13.5 SEPARATOR 214
13.5.1 NEED FOR SEPARATORS IN BATTERIES TO ATTAIN TEMPERATURE STABILITY TO DRIVE MARKET 214
TABLE 198 SEPARATOR EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 214
TABLE 199 SEPARATOR EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 215
13.6 KEY PRIMARY INSIGHTS 215
?
14 EV BATTERY MARKET, BY REGION 216
14.1 INTRODUCTION 217
TABLE 200 EV BATTERY MARKET, BY REGION, 2018-2021 (THOUSAND UNITS) 217
TABLE 201 EV BATTERY MARKET, BY REGION, 2022-2027 (THOUSAND UNITS) 218
TABLE 202 EV BATTERY MARKET, BY REGION, 2018-2021 (USD MILLION) 218
TABLE 203 EV BATTERY MARKET, BY REGION, 2022-2027 (USD MILLION) 218
14.2 ASIA PACIFIC 219
FIGURE 61 ASIA PACIFIC: EV BATTERY MARKET SNAPSHOT 220
TABLE 204 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2018-2021 (THOUSAND UNITS) 220
TABLE 205 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2022-2027(THOUSAND UNITS) 221
TABLE 206 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2018-2021 (USD MILLION) 221
TABLE 207 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2022-2027 (USD MILLION) 221
14.2.1 CHINA 222
14.2.1.1 Presence of global leaders and rising EV demand drive market 222
TABLE 208 EV MOBILITY LANDSCAPE IN CHINA 222
TABLE 209 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 223
TABLE 210 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 223
TABLE 211 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 224
TABLE 212 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 224
14.2.2 JAPAN 224
14.2.2.1 Electrification of commercial vehicles expected to drive market 224
TABLE 213 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 225
TABLE 214 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 225
TABLE 215 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 226
TABLE 216 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 226
14.2.3 INDIA 227
14.2.3.1 Government subsidies and incentives to drive market 227
TABLE 217 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 227
TABLE 218 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 228
TABLE 219 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 228
TABLE 220 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 228
14.2.4 SOUTH KOREA 229
14.2.4.1 Increasing focus on electrifying public transport to boost market 229
TABLE 221 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 229
TABLE 222 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 229
TABLE 223 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 230
TABLE 224 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 230
14.2.5 THAILAND 230
TABLE 225 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 231
TABLE 226 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 231
TABLE 227 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 231
TABLE 228 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 232
14.3 EUROPE 232
TABLE 229 EUROPE: MAJOR EV MODELS 233
FIGURE 62 EUROPE: EV BATTERY MARKET SNAPSHOT 234
TABLE 230 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2018-2021 (THOUSAND UNITS) 235
TABLE 231 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2022-2027 (THOUSAND UNITS) 235
TABLE 232 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2018-2021 (USD MILLION) 236
TABLE 233 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2022-2027(USD MILLION) 236
FIGURE 63 EXPANSION PLANS FOR BATTERY PLANTS IN EUROPE 237
14.3.1 FRANCE 237
14.3.1.1 Rise in e-logistics transport to drive market 237
TABLE 234 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 238
TABLE 235 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 238
TABLE 236 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 238
TABLE 237 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 239
14.3.2 GERMANY 239
14.3.2.1 Presence of leading companies and higher demand for BEVs expected to drive market 239
TABLE 238 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 239
TABLE 239 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 240
TABLE 240 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 240
TABLE 241 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 240
14.3.3 SPAIN 241
14.3.3.1 Growing commercial vehicle production projected to drive market 241
TABLE 242 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 241
TABLE 243 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 241
TABLE 244 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 242
TABLE 245 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 242
14.3.4 ITALY 242
14.3.4.1 Technological advancement in EVs to drive market 242
TABLE 246 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 243
TABLE 247 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 243
TABLE 248 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 243
TABLE 249 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 244
14.3.5 UK 244
14.3.5.1 Increased demand for electric public fleets to drive market 244
TABLE 250 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 245
TABLE 251 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 245
TABLE 252 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 245
TABLE 253 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 246
TABLE 254 UK: EV BATTERY MARKET, BY PROPULSION, 2018-2021 (THOUSAND UNITS) 246
TABLE 255 UK: EV BATTERY MARKET, BY PROPULSION, 2022-2027 (THOUSAND UNITS) 246
14.3.6 DENMARK 247
14.3.6.1 Favorable EV regulations to drive market 247
TABLE 256 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 247
TABLE 257 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 247
TABLE 258 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 248
TABLE 259 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 248
14.3.7 NORWAY 248
14.3.7.1 Replacement of conventional vehicles with advanced EVs to drive market 248
TABLE 260 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 249
TABLE 261 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 249
TABLE 262 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 249
TABLE 263 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 250
14.3.8 SWEDEN 250
14.3.8.1 Presence of OEMs to boost demand for EV batteries 250
TABLE 264 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 250
TABLE 265 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 251
TABLE 266 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 251
TABLE 267 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 251
14.4 NORTH AMERICA 252
FIGURE 64 NORTH AMERICA EV BATTERY INITIATIVES TILL 2022 253
TABLE 268 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2018-2021(THOUSAND UNITS) 253
TABLE 269 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2022-2027 (THOUSAND UNITS) 253
TABLE 270 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2018-2021(USD MILLION) 254
TABLE 271 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2022-2027 (USD MILLION) 254
14.4.1 US 254
14.4.1.1 Growing demand for electric trucks to drive market 254
TABLE 272 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 255
TABLE 273 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 255
TABLE 274 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 255
TABLE 275 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 256
14.4.2 CANADA 256
14.4.2.1 Government support to promote EVs to drive market 256
TABLE 276 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (THOUSAND UNITS) 256
TABLE 277 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (THOUSAND UNITS) 257
TABLE 278 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2021 (USD MILLION) 257
TABLE 279 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2022-2027 (USD MILLION) 257
15 COMPETITIVE LANDSCAPE 258
15.1 OVERVIEW 258
15.2 MARKET SHARE ANALYSIS FOR EV BATTERY MARKET, 2021 258
TABLE 280 MARKET SHARE ANALYSIS, 2021 258
FIGURE 65 MARKET SHARE ANALYSIS, 2021 259
15.2.1 CATL 259
15.2.2 LG CHEM 259
15.2.3 PANASONIC HOLDINGS CORPORATION 260
15.2.4 BYD 260
15.2.5 SAMSUNG SDI 260
?
15.3 KEY PLAYER STRATEGIES 260
TABLE 281 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN EV BATTERY MARKET 260
15.4 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2021 261
FIGURE 66 TOP PUBLIC/LISTED PLAYERS DOMINATING EV BATTERY MARKET DURING LAST FIVE YEARS 261
15.5 COMPETITIVE SCENARIO 261
15.5.1 NEW PRODUCT LAUNCHES 262
TABLE 282 NEW PRODUCT LAUNCHES, 2018-2022 262
15.5.2 DEALS 264
TABLE 283 DEALS, 2018-2022 264
TABLE 284 OTHERS, 2018-2022 266
15.6 COMPANY EVALUATION QUADRANT 267
15.6.1 STARS 267
15.6.2 EMERGING LEADERS 268
15.6.3 PERVASIVE COMPANIES 268
15.6.4 PARTICIPANTS 268
FIGURE 67 EV BATTERY MARKET: COMPANY EVALUATION QUADRANT, 2021 269
TABLE 285 EV BATTERY MARKET: COMPANY FOOTPRINT, 2021 270
TABLE 286 EV BATTERY MARKET: PRODUCT FOOTPRINT, 2021 270
TABLE 287 EV BATTERY MARKET: REGIONAL FOOTPRINT, 2021 271
15.7 SME EVALUATION QUADRANT 271
15.7.1 PROGRESSIVE COMPANIES 271
15.7.2 RESPONSIVE COMPANIES 271
15.7.3 DYNAMIC COMPANIES 271
15.7.4 STARTING BLOCKS 272
FIGURE 68 EV BATTERY MARKET: SME EVALUATION QUADRANT, 2021 272
TABLE 288 EV BATTERY MARKET: DETAILED LIST OF KEY SMES 273
TABLE 289 EV BATTERY MARKET: COMPETITIVE BENCHMARKING OF KEY SMES 274
16 COMPANY PROFILES 275
(Business overview, Products offered, Recent developments & MnM View)*
16.1 KEY PLAYERS 275
16.1.1 CATL 275
TABLE 290 CATL: BUSINESS OVERVIEW 275
FIGURE 69 CATL: COMPANY SNAPSHOT 276
TABLE 291 CATL: SUPPLY AGREEMENTS 276
TABLE 292 CATL: PRODUCTS OFFERED 278
TABLE 293 CATL: NEW PRODUCT DEVELOPMENTS 278
TABLE 294 CATL: DEALS 279
TABLE 295 CATL: OTHERS 282
16.1.2 SAMSUNG SDI 284
TABLE 296 SAMSUNG SDI: BUSINESS OVERVIEW 284
TABLE 297 SAMSUNG SDI: SUPPLY AGREEMENTS 284
FIGURE 70 SAMSUNG SDI: COMPANY SNAPSHOT 286
TABLE 298 SAMSUNG SDI: PRODUCTS OFFERED 286
TABLE 299 SAMSUNG SDI: NEW PRODUCT DEVELOPMENTS 287
TABLE 300 SAMSUNG SDI: DEALS 287
TABLE 301 SAMSUNG SDI: OTHERS 288
16.1.3 PANASONIC HOLDINGS CORPORATION 290
TABLE 302 PANASONIC HOLDINGS CORPORATION: BUSINESS OVERVIEW 290
TABLE 303 PANASONIC HOLDINGS CORPORATION: SUPPLY AGREEMENTS 291
FIGURE 71 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT 292
TABLE 304 PANASONIC HOLDINGS CORPORATION: PRODUCTS OFFERED 292
TABLE 305 PANASONIC HOLDINGS CORPORATION: NEW PRODUCT DEVELOPMENTS 293
TABLE 306 PANASONIC HOLDINGS CORPORATION: DEALS 294
TABLE 307 PANASONIC HOLDINGS CORPORATION: OTHERS 295
16.1.4 LG CHEM 297
TABLE 308 LG CHEM: BUSINESS OVERVIEW 297
TABLE 309 LG CHEM: R&D OVERVIEW 298
TABLE 310 LG CHEM.: SUPPLY AGREEMENTS 298
FIGURE 72 LG CHEM: COMPANY SNAPSHOT 300
TABLE 311 LG CHEM: PRODUCTS OFFERED 301
TABLE 312 LG CHEM: NEW PRODUCT DEVELOPMENTS 301
TABLE 313 LG CHEM: DEALS 302
TABLE 314 LG CHEM: OTHERS 303
16.1.5 BYD COMPANY LIMITED 305
TABLE 315 BYD COMPANY LIMITED: BUSINESS OVERVIEW 305
FIGURE 73 BYD COMPANY LIMITED: COMPANY SNAPSHOT 306
TABLE 316 BYD: NEW PRODUCT DEVELOPMENTS 307
TABLE 317 BYD: DEALS 307
TABLE 318 BYD: OTHERS 307
16.1.6 SK INNOVATION CO. LTD. 309
TABLE 319 SK INNOVATION CO. LTD.: BUSINESS OVERVIEW 309
TABLE 320 SK INNOVATION CO. LTD.: SUPPLY AGREEMENTS 309
FIGURE 74 SK INNOVATION CO. LTD.: GLOBAL BATTERY PRODUCTION 310
FIGURE 75 SK INNOVATION CO. LTD.: COMPANY SNAPSHOT 311
TABLE 321 SK INNOVATION CO. LTD.: PRODUCTS OFFERED 311
TABLE 322 SK INNOVATION CO. LTD.: NEW PRODUCT DEVELOPMENTS 312
TABLE 323 SK INNOVATION CO. LTD.: DEALS 312
TABLE 324 SK INNOVATION CO. LTD.: OTHERS 314
16.1.7 VEHICLE ENERGY JAPAN CO. LTD. 315
TABLE 325 VEHICLE ENERGY JAPAN CO. LTD.: BUSINESS OVERVIEW 315
TABLE 326 VEHICLE ENERGY JAPAN CO. LTD.: SUPPLY AGREEMENTS 315
TABLE 327 VEHICLE ENERGY JAPAN CO. LTD.: PRODUCTS OFFERED 316
TABLE 328 VEHICLE ENERGY JAPAN CO. LTD.: DEALS 316
TABLE 329 VEHICLE ENERGY JAPAN CO. LTD.: OTHERS 316
16.1.8 TOSHIBA CORPORATION 317
TABLE 330 TOSHIBA CORPORATION: BUSINESS OVERVIEW 317
TABLE 331 TOSHIBA CORPORATION: SUPPLY AGREEMENTS 317
TABLE 332 TOSHIBA CORPORATION: PRODUCTS OFFERED 318
TABLE 333 TOSHIBA CORPORATION: NEW PRODUCT DEVELOPMENTS 318
TABLE 334 TOSHIBA CORPORATION: DEALS 319
TABLE 335 TOSHIBA CORPORATION: OTHERS 319
16.1.9 MITSUBISHI CORPORATION 320
TABLE 336 MITSUBISHI CORPORATION: BUSINESS OVERVIEW 320
TABLE 337 MITSUBISHI CORPORATION: PRODUCTS OFFERED 320
TABLE 338 MITSUBISHI CORPORATION: NEW PRODUCT DEVELOPMENTS 321
TABLE 339 MITSUBISHI CORPORATION: DEALS 321
TABLE 340 MITSUBISHI CORPORATION: OTHERS 322
16.1.10 ENERSYS 323
TABLE 341 ENERSYS: BUSINESS OVERVIEW 323
TABLE 342 ENERSYS: PRODUCTS OFFERED 323
TABLE 343 ENERSYS: NEW PRODUCT DEVELOPMENTS 324
TABLE 344 ENERSYS: DEALS 324
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
16.2 OTHER PLAYERS 325
16.2.1 EXIDE INDUSTRIES LIMITED 325
TABLE 345 EXIDE INDUSTRIES LIMITED: BUSINESS OVERVIEW 325
16.2.2 PRIMEARTH EV ENERGY CO., LTD. 325
TABLE 346 PRIMEARTH EV ENERGY CO., LTD.: BUSINESS OVERVIEW 325
16.2.3 E-ONE MOLI ENERGY CORP. 326
TABLE 347 E-ONE MOLI ENERGY CORP: BUSINESS OVERVIEW 326
16.2.4 TARGRAY TECHNOLOGY INTERNATIONAL INC. 326
TABLE 348 TARGRAY TECHNOLOGY INTERNATIONAL INC.: BUSINESS OVERVIEW 326
16.2.5 ALTAIR NANOTECHNOLOGIES INC. 327
TABLE 349 ALTAIR NANOTECHNOLOGIES INC.: BUSINESS OVERVIEW 327
16.2.6 CLARIOS 327
TABLE 350 CLARIOS: BUSINESS OVERVIEW 327
16.2.7 NORTHVOLT AB 328
TABLE 351 NORTHVOLT AB: BUSINESS OVERVIEW 328
16.2.8 LECLANCHE SA 328
TABLE 352 LECLANCHE SA: BUSINESS OVERVIEW 328
16.2.9 APTIV PLC 329
TABLE 353 APTIV PLC: BUSINESS OVERVIEW 329
16.2.10 ENVISION AESC 329
TABLE 354 ENVISION AESC: BUSINESS OVERVIEW 329
16.2.11 A123 SYSTEMS (SUBSIDIARY OF WANXIANG GROUP) 330
TABLE 355 A123 SYSTEMS: BUSINESS OVERVIEW 330
16.2.12 GS YUASA 330
TABLE 356 GS YUASA CORPORATION: BUSINESS OVERVIEW 330
16.2.13 GOTION HIGH TECH CO LTD. 331
TABLE 357 GOTION HIGH TECH CO LTD.: BUSINESS OVERVIEW 331
16.2.14 AUTOMOTIVE ENERGY SUPPLY CORPORATION 331
TABLE 358 AUTOMOTIVE ENERGY SUPPLY CORPORATION: BUSINESS OVERVIEW 331
16.2.15 RUIPU LANJUN ENERGY CO., LTD. 332
TABLE 359 RUIPU LANJUN ENERGY CO., LTD.: BUSINESS OVERVIEW 332
17 RECOMMENDATIONS BY MARKETSANDMARKETS 333
17.1 IMPROVEMENTS IN EV BATTERY TECHNOLOGY TO PROVIDE IMPETUS TO EV BATTERY MARKET 333
17.2 SKEWED SUPPLY OF CRITICAL COMPONENTS POSES A CHALLENGE 334
17.3 CONCLUSION 334
18 APPENDIX 335
18.1 KEY INSIGHTS OF INDUSTRY EXPERTS 335
18.2 DISCUSSION GUIDE 335
18.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 339
18.4 CUSTOMIZATION OPTIONS 341
18.5 RELATED REPORTS 341
18.6 AUTHOR DETAILS 342
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security