Global EV battery Market snapshot

EV Battery Market Size to Grow at 22.64% by 2028: Panasonic, AESC, BYD to Contribute Significant Share

Business Electric vehicles Energy Environment News Technology

As per the report published by Evolve Business Intelligence, the global EV Battery Market is expected to reach $113.9 Billion by 2028 growing at a CAGR of 22.64% from 2021 to 2028.

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COVID-19 scenario:

  • The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
  • The companies operating in the EV Battery market have been positively impacted due to the COVID-19 pandemic resulted in an increase in the growth of the market for 2020 and 2021.

The report provides a detailed analysis of the impact of COVID-19 coupled with End-user/Application/Industry Trend, and Preferences, Regulatory Framework/Government Policies, Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies, and Opportunity Window.

IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.

The global EV Battery market provides an in-depth analysis of key players which includes:

  • Panasonic
  • AESC
  • BYD
  • Mitsubishi
  • LG Chem
  • Samsung
  • Wanxiang
  • Beijing Pride Power
  • Tianneng
  • SB LiMotive.

The global EV Battery Market is segmented based on battery type, material type, and vehicle type. On the basis of battery type, the market is segmented as Lead-acid, Lithium-ion, Others. Based on the material type, the market is segmented as Lithium, Cobalt, Manganese, Natural Graphite. And based on the vehicle type, the market is analyzed across the Passenger Cars, Vans/Light Trucks, Others

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Global EV Battery Market Geographic Coverage:

Key Questioned Answered Through The Report:

  • The Impact of COVID-19 on the global market
  • What are the potential opportunities for new entrants in the global market
  • What is the market Size and Forecast from 2020 to 2028?
  • Key Players associated with the global EV Battery Market
  • Value Chain Analysis of Global EV Battery Market
  • What is the CAGR of the global EV Battery Market from 2021 to 2028
  • Major Growth Factor, Challenges, Trends, and Opportunities in the global market
  • Key outcomes of SWOT Analysis

About EvolveBI
Evolve Business Intelligence is market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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