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EV Battery Market by Battery Type (Li-Ion, NiMH, SSB), Vehicle Type (PC, Vans/Light Truck, MHCV, Bus & OHV), Propulsion, Battery Form, Material Type, Battery Capacity, Method, Li-Ion Battery Component, and Region - Global Forecast to 2035

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    Report

  • 371 Pages
  • February 2025
  • Region: Global
  • Markets and Markets
  • ID: 5295210
The global EV Battery market is projected to reach USD 91.93 billion in 2024 to USD 251.33 billion in 2035, at a CAGR of 9.6% from 2024-2035.

The EV battery market is experiencing rapid growth driven by increasing electric vehicle adoption, advancements in battery technology, and supportive government policies. Growing demand for longer-range, faster-charging batteries has spurred innovations such as Honda’s plan to produce solid-state batteries offering up to 620 miles on a single charge by 2024. Additionally, partnerships and investments are fueling expansion, such as Stellantis and CATL’s USD 4.2 billion venture for a lithium iron phosphate battery plant in Spain, announced in December 2024. With OEMs launching new EV models and battery manufacturers scaling production, the EV battery market is poised for significant expansion.

Solid-state battery is expected to show a significant growth rate in the EV battery market during the forecast period.

Solid-state batteries are anticipated to witness significant growth in the EV battery market due to their potential to revolutionize energy density, safety, and charging efficiency. These batteries replace the liquid electrolyte found in conventional lithium-ion batteries with a solid electrolyte, offering enhanced thermal stability, reduced risk of fires, and longer lifespans. Their higher energy density can substantially increase EV range while enabling faster charging times, making them a game-changer for EV adoption. Recent developments underscore their growing momentum.

In December 2024, Honda announced plans to produce solid-state batteries for EVs capable of delivering up to 620 miles (1,000 kilometers) on a single charge - more than double the range of many existing electric vehicles. Similarly, in September 2024, Factorial collaborated with Mercedes-Benz to develop the Solstice battery, an all-solid-state battery featuring a novel dry cathode design. This innovation promises an energy density of up to 450Wh/kg and more efficient, sustainable production processes, marking a significant leap in solid-state battery technology. With leading automotive and battery companies intensifying their R&D efforts and governments incentivizing advancements in battery technology, solid-state batteries are poised to play a pivotal role in shaping the future of the EV market, addressing key challenges like range anxiety, safety concerns, and charging infrastructure limitations.

Passenger Car is expected to hold the largest share in the EV Battery market during the forecast period.

Passenger cars are expected to dominate the EV battery market over the study period, capturing the largest market share due to surge in consumer demand, supportive government policies, and the increasing availability of diverse EV models. Governments worldwide are implementing stringent regulations on vehicle emissions and offering subsidies to promote EV adoption, driving passenger car sales. Additionally, advancements in EV battery technology, such as enhanced energy density, faster charging, and lower costs, have made electric passenger cars more accessible to the mass market. Major automotive OEMs are gearing up for this transition, with several passenger car EV models slated for release in the coming years.

For instance, Renault’s highly anticipated Renault 5 E-Tech, set for a 2026 launch, will feature advanced lithium-ion batteries sourced from AESC. Similarly, Mercedes-Benz plans to introduce the EQA 300 4MATIC in 2025, equipped with a high-performance NMC battery provided by SK ON, a subsidiary of SK Innovation. These vehicles highlight the rising demand for advanced EV batteries, driving innovation and production growth in the battery industry. Advances in battery chemistry, such as the shift from LFP to NMC and NCA, are boosting energy density and driving ranges, fueling market expansion. Collaborations between OEMs and battery manufacturers are accelerating high-performance battery development. For instance, in November 2024, LG Energy Solution announced a five-year agreement to supply 4695 cylindrical lithium-ion batteries for Rivian’s R2.

Investments in new technologies like solid-state batteries and silicon anode chemistries, along with scaling production through gigafactories, are further enhancing market growth. These trends underscore the synergy between OEMs and battery makers, positioning the passenger car segment as the largest driver of the EV battery market and advancing the global shift to sustainable transportation.

Europe set to witness a notable growth in EV battery market during the forecast period.

Europe is poised to experience remarkable growth in the EV battery market over the forecast period, fueled by stringent emission reduction targets, rising EV demand, and increasing investments in battery infrastructure. The EU's March 2023 law mandates zero CO₂ emissions for all new cars sold by 2035, alongside a 55% reduction in CO₂ emissions by 2030 compared to 2021 levels. These ambitious targets are driving the rapid decarbonization of new car fleets, significantly boosting EV adoption and, consequently, the EV battery market.

While the EU has pledged a legal pathway for e-fuels vehicles beyond 2035, the focus remains on zero-emission solutions for cars and vans. European OEMs are heavily investing in EV and battery developments. For instance, in December 2024, Stellantis NV and CATL announced an estimated USD 4.3 billion joint venture to build a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Similarly, BMW Group plans to open five battery factories near auto manufacturing hubs, including facilities in Lower Bavaria and Debrecen, Hungary, to support its Neue Klasse electric vehicles.

Key battery manufacturers are also expanding their presence in Europe. Major players like Northvolt, LG Energy Solution, and CATL are establishing battery gigafactories to meet the growing demand. These developments underscore Europe’s commitment to becoming a global leader in EV batteries, supported by progressive policies, a robust automotive ecosystem, and increasing investments from OEMs and suppliers.

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 - 37%, Tier II - 41%, and Tier III - 22%
  • By Designation: Directors - 31%, Managers - 45%, and Others - 24%
  • By Region: Asia Pacific - 33%, North America - 39%, and Europe - 28%
The EV Battery market is dominated by major players, including Contemporary Amperex Technology Co., Limited (China), BYD Company Ltd. (China), LG Energy Solution Ltd. (South Korea), CALB (China), SK Innovation Co., Ltd. (South Korea) and more. These companies are expanding their portfolios to strengthen their EV battery market position.

Research Coverage:

The report covers the EV Battery market in terms of Battery Capacity (< 50 kWh, 51-110 kWh, 111-201 kWh, 201-300 kWh, > 301 kWh), Battery Form (Prismatic, Pouch, Cylindrical), Battery Type (Lithium-ion, Nickel-metal Hydride, Solid-state, Sodium-ion), Lithium-ion Battery Component (Negative Electrode, Positive Electrode, Electrolyte, Separator), Material Type (Cobalt, Lithium, Natural Graphite, Manganese, Iron, Phosphate, Nickel), Method (Wire Bonding, Laser Bonding, Ultrasonic Metal Welding), Propulsion (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle), Vehicle Type (Passenger Cars, Vans/Light Trucks, Medium & Heavy Trucks, Buses, Off-highway Vehicles), and Region. It covers the competitive landscape and company profiles of the significant EV Battery market players.

The study also includes an in-depth competitive analysis of the key market players, 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 with information on the closest approximations of revenue numbers for the EV Battery market and its subsegments.
  • This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.
  • The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • The report also helps stakeholders understand the current and future pricing trends of the EV Battery market.
  • The report will help market leaders/new entrants with information on various trends in EV Battery market based on component, battery form, region, and other parameters.

The report provides insight on the following pointers:

  • Analysis of key drivers (Government incentives and OEM investments accelerate EV battery demand, Advancements in battery technologies leading the charge for EV battery market, Government strategies for EV adoption driving battery market boom, Declining EV battery prices boost market accessibility and growth), restraints (Geopolitical instabilities and supply chain disruptions pose risks to EV battery expansion, Charging infrastructure deficit hinders EV adoption in emerging economies, Emergence of alternative fuels to create a potential restraint for the EV batteries), opportunities (The growing role of Battery-as-a-Service in EV battery market boom, Innovative solid-state batteries creating new growth prospects for the EV battery, ESS advancements creating new paths for EV battery market growth), and challenges (High initial costs hindering the proliferation of the EV battery market, Lithium shortages jeopardizing the growth of the EV battery, Safety concerns hindering the expansion of the EV battery market, Cost disparity Between EVs and conventional vehicles to create a hurdle for EV battery expansion)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the EV Battery market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the EV Battery market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the EV Battery market.
  • Competitive Assessment: In-depth assessment of market share, growth strategies, and service offerings of leading players like Contemporary Amperex Technology Co., Limited (China), BYD Company Ltd. (China), LG Energy Solution Ltd. (South Korea), CALB (China), and SK Innovation Co., Ltd. (South Korea) among others in EV Battery market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Market Segmentation
1.3.2 Inclusions & Exclusions
1.4 Years Considered
1.5 Currency Considered
1.6 Unit Considered
1.7 Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews from Demand and Supply Sides
2.1.2.2 Breakdown of Primary Interviews
2.1.2.3 Primary Participants
2.1.2.4 Objectives of Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Factor Analysis
2.5 Research Assumptions & Considerations
2.6 Research Limitations
2.7 Risk Assessment
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Players in EV Battery Market
4.2 EV Battery Market, by Region
4.3 EV Battery Market, by Battery Capacity
4.4 EV Battery Market, by Battery Form
4.5 EV Battery Market, by Battery Type
4.6 EV Battery Market, by Material Type
4.7 EV Battery Market, by Propulsion
4.8 EV Battery Market, by Vehicle Type
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rise in Government Incentives and OEM Investments
5.2.1.2 Advancements in Battery Technologies
5.2.1.3 Government Strategies to Promote Adoption of EVs
5.2.1.4 Declining Prices of EV Batteries
5.2.2 Restraints
5.2.2.1 Geopolitical Instability and Supply Chain Disruptions
5.2.2.2 Shortage of Charging Infrastructure in Emerging Economies
5.2.2.3 Emergence of Alternative Fuel Options
5.2.3 Opportunities
5.2.3.1 Growth of BaaS in EV Battery Market's Boom
5.2.3.2 Development of Innovative Solid-State Batteries
5.2.3.3 Advancements in Esss
5.2.4 Challenges
5.2.4.1 High Initial Cost
5.2.4.2 Shortage of Lithium
5.2.4.3 Safety Concerns
5.2.4.4 Cost Disparity Between Electric and Conventional Vehicles
5.3 Trends & Disruptions Impacting Customer Business
5.4 Rapid Development of Nevs to Drive Growth of EV Battery Market
5.5 Analysis of Price and Cost of Lithium-Ion Batteries
5.6 Pricing Analysis
5.6.1 Average Selling Price of Key Players for Passenger Cars
5.6.2 Average Selling Price, by Region
5.7 Impact of AI on EV Battery Market
5.8 Ecosystem Analysis
5.9 Value Chain Analysis
5.10 Case Study Analysis
5.10.1 Byd Developed Blade Battery to Prioritize Safety and Durability Without Compromising Performance
5.10.2 Wipro Pari Leveraged Cognex's Advanced Machine Vision System to Address Complexities of EV Battery Manufacturing
5.10.3 Northvolt Adopted Autodesk's Integrated Software Solution to Implement Digital Factory Approach That Connects Battery Design and Manufacturing
5.10.4 Maxwell Energy Offered Cutting-Edge Ultracapacitor Technology to Enhance Energy Recovery and Power Delivery
5.11 Investment and Funding Scenario
5.12 Patent Analysis
5.13 Technology Analysis
5.13.1 Key Technologies
5.13.1.1 Lithium-Ion and Other Battery Chemistries
5.13.2 Complementary Technologies
5.13.2.1 Cell-To-Pack (Ctp) Technology
5.13.3 Adjacent Technologies
5.13.3.1 Cell-To-Chassis Battery Technology
5.14 HS Code: Lithium Cells and Batteries (850650)
5.14.1 Import Data
5.14.2 Export Data
5.15 Regulatory Landscape
5.15.1 Regulatory Bodies, Government Agencies, and Other Organizations
5.15.2 Regulations/Voluntary Procedures for EV Batteries
5.16 Key Conferences & Events, 2025-2026
5.17 Key Stakeholders & Buying Criteria
5.17.1 Key Stakeholders in Buying Process
5.17.2 Buying Criteria
5.18 OEM Analysis
5.18.1 Initiatives Undertaken and Investments in Lithium by Battery Manufacturers/OEMs
5.18.1.1 Lithium-Ion Battery Cells (Cathode Type): OEMs and Key Suppliers
5.19 Supplier Analysis
6 EV Battery Market, by Battery Type
6.1 Introduction
6.2 Lithium-Ion
6.2.1 Continuous Improvements in Battery Chemistry to Drive Market
6.2.2 Lithium Iron Phosphate
6.2.3 Nickel Manganese Cobalt
6.2.4 Lithium Iron Manganese Phosphate
6.2.5 Others
6.3 Nickel-Metal Hydride
6.3.1 Large-Scale Adoption of Nimh Batteries in HEVs to Drive Growth
6.4 Solid-State
6.4.1 Advancements in Solid-State Technology to Drive Demand
6.5 Other Battery Types
6.6 Key Primary Insights
7 EV Battery Market, by Material Type
7.1 Introduction
7.2 Cobalt
7.2.1 Support for High-Performance Battery Chemistries to Drive Market
7.3 Lithium
7.3.1 High Energy Density of Lithium to Boost Its Demand in EV Batteries
7.4 Natural Graphite
7.4.1 Use of Natural Graphite as Anode Material to Boost Its Growth
7.5 Manganese
7.5.1 Versatility in Cathode Chemistries to Drive Market
7.6 Iron
7.6.1 Widespread Availability of Iron to Boost Its Usage as Key Battery Component
7.7 Phosphate
7.7.1 Abundance and Availability of Phosphate to Drive Market
7.8 Nickel
7.8.1 Focus on Achieving High Energy Density to Drive Market
7.9 Other Material Types
7.10 Key Primary Insights
8 EV Battery Market, by Battery Form
8.1 Introduction
8.2 Prismatic
8.2.1 High Energy Density and Better Durability of Prismatic Batteries to Drive Demand
8.3 Pouch
8.3.1 Space Efficiency of Pouch Cells to Drive Market
8.4 Cylindrical
8.4.1 Mechanical Stability of Cylindrical Cells to Drive Market
8.5 Key Primary Insights
9 EV Battery Market, by Propulsion
9.1 Introduction
9.2 BEV
9.2.1 Advancements in Battery Technology to Drive Market
9.3 PHEV
9.3.1 Reduced Fuel Consumption of PHEVs to Drive Demand for Advanced EV Batteries
9.4 Fcev
9.4.1 Heavy-Duty, Commercial Applications of Fcevs to Drive Market for Batteries
9.5 HEV
9.6 Key Primary Insights
10 EV Battery Market, by Vehicle Type
10.1 Introduction
10.2 Passenger Car
10.2.1 Government Policies and Advancements in Battery Technology to Drive Market
10.3 Van/Light Truck
10.3.1 Growth of Last-Mile Delivery Service and E-Commerce to Drive Market
10.4 Medium & Heavy Truck
10.4.1 Corporate Sustainability Goals and Advancements in Battery and Charging Infrastructure to Drive Market
10.5 Bus
10.5.1 Growing Focus on Sustainable Urban Transportation to Drive Market
10.6 Off-Highway Vehicles
10.6.1 Need for Heavy-Duty Vehicles to Drive Demand for Robust Batteries
10.7 Key Primary Insights
11 EV Battery Market, by Battery Capacity
11.1 Introduction
11.2 < 50 kWh
11.2.1 Need for Urban-Friendly, Affordable Battery Packs to Drive Market
11.3 50-110 kWh
11.3.1 Rising Demand for Electric Vans/Light Trucks to Drive Market
11.4 111-200 kWh
11.4.1 Increasing Demand for Commercial EVs to Drive Market
11.5 201-300 kWh
11.5.1 Need for Electric Pickup Trucks to Drive Demand for Batteries
11.6 > 301 kWh
11.6.1 Rising Adoption of Heavy-Duty Electric Vehicles to Drive Market
11.7 Key Primary Insights
12 EV Battery Market, by Method
12.1 Introduction
12.2 Wire Bonding
12.3 Laser Bonding
12.4 Ultrasonic Metal Welding
13 EV Battery Market, by Lithium-Ion Battery Component
13.1 Introduction
13.2 Positive Electrode
13.3 Negative Electrode
13.4 Electrolyte
13.5 Separator
14 EV Battery Market, by Region
14.1 Introduction
14.2 Asia-Pacific
14.2.1 Macroeconomic Outlook
14.2.2 China
14.2.2.1 Advancements in Battery Technologies to Drive Market
14.2.3 India
14.2.3.1 Focus on Reducing Harmful Emissions and Expansion of Domestic Battery Production to Drive Market
14.2.4 Japan
14.2.4.1 Emphasis on Greenhouse Gas Reduction to Fuel Market Growth
14.2.5 South Korea
14.2.5.1 Rising Technological Advancements and Support from Local Manufacturers to Boost Market
14.3 Europe
14.3.1 Macroeconomic Outlook
14.3.2 Germany
14.3.2.1 Presence of Leading OEMs Like BMW, Mercedes-Benz, and Volkswagen to Drive Market
14.3.3 France
14.3.3.1 Push for Clean Mobility Through Policies to Drive Market
14.3.4 Italy
14.3.4.1 Rising Focus on Electrifying Public Transport to Drive Market
14.3.5 UK
14.3.5.1 Stringent Emission Reduction Targets and Government-Backed Policies to Drive Growth
14.3.6 Spain
14.3.6.1 Large-Scale Investments in Battery Plants and Consumer Demand for Sustainable Vehicles to Drive Market
14.3.7 Norway
14.3.7.1 Adoption of EVs by Consumers and Ambitious Electrification Goals by Government to Drive Market
14.3.8 Sweden
14.3.8.1 Commitment to Decarbonization to Fuel Demand for EV Batteries
14.3.9 Denmark
14.3.9.1 Rapid Innovations and Increase in Sustainability Policies to Propel Market
14.4 North America
14.4.1 Macroeconomic Outlook
14.4.2 US
14.4.2.1 Government Investments and Initiatives to Boost EV Sales
14.4.3 Canada
14.4.3.1 Expansion of OEMs and Development of New Manufacturing Facilities to Boost Market
15 Competitive Landscape
15.1 Introduction
15.2 Key Player Strategies/Right to Win, 2022-2024
15.3 Revenue Analysis
15.4 Market Share Analysis, 2024
15.5 EV Battery Market Share Trend Analysis
15.6 Company Valuation and Financial Metrics
15.7 Brand/Product Comparison
15.8 Company Evaluation Matrix: Key Players, 2024
15.8.1 Stars
15.8.2 Emerging Leaders
15.8.3 Pervasive Players
15.8.4 Participants
15.8.5 Company Footprint
15.8.5.1 Company Footprint
15.8.5.2 Region Footprint
15.8.5.3 Battery Form Footprint
15.8.5.4 Battery Type Footprint
15.8.5.5 Propulsion Footprint
15.9 Company Evaluation Matrix: Startups/SMEs, 2024
15.9.1 Progressive Companies
15.9.2 Responsive Companies
15.9.3 Dynamic Companies
15.9.4 Starting Blocks
15.9.5 Competitive Benchmarking
15.9.5.1 List of Startups/SMEs
15.9.5.2 Competitive Benchmarking of Startups/SMEs
15.10 Competitive Scenario
15.10.1 Product Launches/Developments
15.10.2 Deals
15.10.3 Expansion
15.10.4 Other Developments
16 Company Profiles
16.1 Key Players
16.1.1 Contemporary Amperex Technology Co. Limited
16.1.1.1 Business Overview
16.1.1.2 Products Offered
16.1.1.3 Recent Developments
16.1.1.3.1 Product Launches/Developments
16.1.1.3.2 Deals
16.1.1.3.3 Other Developments
16.1.1.4 Analyst's View
16.1.1.4.1 Key Strengths
16.1.1.4.2 Strategic Choices
16.1.1.4.3 Weaknesses and Competitive Threats
16.1.2 Byd Company Ltd.
16.1.2.1 Business Overview
16.1.2.2 Products Offered
16.1.2.3 Recent Developments
16.1.2.3.1 Product Launches/Developments
16.1.2.3.2 Deals
16.1.2.3.3 Expansion
16.1.2.3.4 Other Developments
16.1.2.4 Analyst's View
16.1.2.4.1 Key Strengths
16.1.2.4.2 Strategic Choices
16.1.2.4.3 Weaknesses and Competitive Threats
16.1.3 Lg Energy Solution
16.1.3.1 Business Overview
16.1.3.2 Products Offered
16.1.3.3 Recent Developments
16.1.3.3.1 Deals
16.1.3.3.2 Expansion
16.1.3.3.3 Other Developments
16.1.3.4 Analyst's View
16.1.3.4.1 Key Strengths
16.1.3.4.2 Strategic Choices
16.1.3.4.3 Weaknesses and Competitive Threats
16.1.4 Calb
16.1.4.1 Business Overview
16.1.4.2 Products Offered
16.1.4.3 Recent Developments
16.1.4.3.1 Product Launches/Developments
16.1.4.3.2 Deals
16.1.4.3.3 Other Developments
16.1.4.4 Analyst's View
16.1.4.4.1 Key Strengths
16.1.4.4.2 Strategic Choices
16.1.4.4.3 Weaknesses and Competitive Threats
16.1.5 Sk Innovation Co. Ltd.
16.1.5.1 Business Overview
16.1.5.2 Products Offered
16.1.5.3 Recent Developments
16.1.5.3.1 Product Launches/Developments
16.1.5.3.2 Deals
16.1.5.3.3 Other Developments
16.1.5.4 Analyst's View
16.1.5.4.1 Key Strengths
16.1.5.4.2 Strategic Choices
16.1.5.4.3 Weaknesses and Competitive Threats
16.1.6 Panasonic Holdings Corporation
16.1.6.1 Business Overview
16.1.6.2 Products Offered
16.1.6.3 Recent Developments
16.1.6.3.1 Product Launches/Developments
16.1.6.3.2 Deals
16.1.6.3.3 Expansion
16.1.6.3.4 Other Developments
16.1.7 Samsung Sdi
16.1.7.1 Business Overview
16.1.7.2 Products Offered
16.1.7.3 Recent Developments
16.1.7.3.1 Product Launches/Developments
16.1.7.3.2 Deals
16.1.7.3.3 Expansion
16.1.7.3.4 Other Developments
16.1.8 Gotion
16.1.8.1 Business Overview
16.1.8.2 Products Offered
16.1.8.3 Recent Developments
16.1.8.3.1 Product Launches/Developments
16.1.8.3.2 Deals
16.1.8.3.3 Expansion
16.1.9 Sunwoda Electronic Co. Ltd.
16.1.9.1 Business Overview
16.1.9.2 Products/Solutions Offered
16.1.9.2.1 Deals
16.1.9.2.2 Expansion
16.1.9.2.3 Other Developments
16.1.10 Farasis Energy (Ganzhou) Co. Ltd.
16.1.10.1 Business Overview
16.1.10.2 Products Offered
16.1.10.3 Recent Developments
16.1.10.3.1 Product Launches/Developments
16.1.10.3.2 Deals
16.1.10.3.3 Expansion
16.1.11 Toshiba Corporation
16.1.11.1 Business Overview
16.1.11.2 Products Offered
16.1.11.3 Recent Developments
16.1.11.3.1 Product Launches/Developments
16.1.11.3.2 Deals
16.1.12 Mitsubishi Corporation
16.1.12.1 Business Overview
16.1.12.2 Products Offered
16.1.12.3 Recent Developments
16.1.12.3.1 Product Launches/Developments
16.1.12.3.2 Deals
16.1.12.3.3 Expansion
16.1.12.3.4 Other Developments
16.1.13 Enersys
16.1.13.1 Business Overview
16.1.13.2 Products Offered
16.1.13.3 Recent Developments
16.1.13.3.1 Deals
16.1.13.3.2 Expansion
16.1.13.3.3 Other Developments
16.2 Other Players
16.2.1 Exide Industries Limited
16.2.2 E-One Moli Energy Corp.
16.2.3 Targray Technology International Inc.
16.2.4 Altair Nanotechnologies Inc.
16.2.5 Clarios
16.2.6 Northvolt Ab
16.2.7 Leclanché SA
16.2.8 Envision Group
16.2.9 A123 Systems (Subsidiary of Wanxiang Group)
16.2.10 Gs Yuasa International Ltd.
16.2.11 Automotive Energy Supply Corporation
16.2.12 Rept Battero Energy Co Ltd.
16.2.13 Automotive Cells Company
16.2.14 Blueoval Sk
16.2.15 Cellforce Group GmbH
16.2.16 Ultium Cells
16.2.17 One Battery
16.2.18 Sila Nanotechnologies Inc.
16.2.19 Morrow Batteries
17 Analyst's Recommendations
17.1 Asia-Pacific to Lead Market for EV Batteries During Forecast Period
17.2 Lithium-Ion Batteries Segment to Lead Market During Forecast Period
17.3 Passenger Car Segment to Account for Largest Share During Forecast Period
17.4 Solid-State Batteries Segment to Create Opportunities for Battery Manufacturers
17.5 Conclusion
18 Appendix
18.1 Insights from Industry Experts
18.2 Discussion Guide
18.3 Knowledgestore: The Subscription Portal
18.4 Customization Options
18.4.1 EV Battery Market, by Propulsion Type (Country Level)
18.4.2 EV Battery Market, by Battery Capacity (Vehicle Type Level)
18.4.3 Company Information
18.4.3.1 Profiling of Additional Market Players (Up to Five)
List of Tables
Table 1 EV Battery Market Definition, by Battery Type
Table 2 EV Battery Market Definition, by Lithium-Ion Battery Component
Table 3 EV Battery Market Definition, by Propulsion
Table 4 EV Battery Market Definition, by Vehicle Type
Table 5 EV Battery Market Definition, by Material Type
Table 6 EV Battery Market Definition, by Method
Table 7 EV Battery Market Definition, by Battery Form
Table 8 Inclusions & Exclusions
Table 9 USD Exchange Rates, 2019-2024
Table 10 Advancements in Battery Technologies, 2023-2024
Table 11 Regulations and Policies for EVs, by Key Country
Table 12 Charging Time of EVs Operating in US, by Charger Type
Table 13 Total EV Charging Points in Emerging Countries, 2024
Table 14 Impact of Market Dynamics on EV Battery Market
Table 15 Average Selling Price of Key Players for Passenger Cars, 2024 (USD/kWh)
Table 16 Average Selling Price, by Region, 2022-2024 (USD/kWh)
Table 17 Role of Players in Ecosystem
Table 18 Funding, by Use Case, 2022-2024
Table 19 Patents Granted, 2022-2024
Table 20 Import Data for HS Code 850650-Compliant Products, by Country, 2019-2023 (USD Million)
Table 21 Export Data for HS Code 850650-Compliant Products, by Country, 2019-2023 (USD Million)
Table 22 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 23 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 24 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 25 Regulatory Changes, by Country/Region
Table 26 Regulations/Voluntary Procedures for Performance Measurement of EV Batteries, by Key Country/Region
Table 27 Regulations/Voluntary Procedures for Durability Measurement of EV Batteries, by Key Country/Region
Table 28 Regulations/Voluntary Procedures to Ensure Safety of EV Batteries, by Country
Table 29 Regulations/Voluntary Procedures for Recycling EV Batteries, by Key Country/Region
Table 30 Key Conferences & Events, 2025-2026
Table 31 Influence of Stakeholders on Buying Process, by Vehicle Type (%)
Table 32 Key Buying Criteria, by Vehicle Type
Table 33 Lithium-Ion Battery Cells (Cathode Type): OEMs and Key Suppliers
Table 34 EV Battery Suppliers, 2024-2026
Table 35 EV Battery Market, by Battery Type, 2019-2023 (Thousand Units)
Table 36 EV Battery Market, by Battery Type, 2024-2030 (Thousand Units)
Table 37 EV Battery Market, by Battery Type, 2031-2035 (Thousand Units)
Table 38 Types of Batteries Used in Current and Upcoming EV Models, 2025-2026
Table 39 Lithium-Ion: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 40 Lithium-Ion: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 41 Lithium-Ion: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 42 Comparison Between Lithium-Ion Battery Chemistries
Table 43 Lithium Iron Phosphate: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 44 Lithium Iron Phosphate: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 45 Lithium Iron Phosphate: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 46 Nickel Manganese Cobalt: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 47 Nickel Manganese Cobalt: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 48 Nickel Manganese Cobalt: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 49 Lithium Iron Manganese Phosphate: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 50 Lithium Iron Manganese Phosphate: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 51 Lithium Iron Manganese Phosphate: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 52 Others: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 53 Others: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 54 Others: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 55 Nickel-Metal Hydride: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 56 Nickel-Metal Hydride: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 57 Nickel-Metal Hydride: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 58 Solid-State: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 59 Solid-State: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 60 Solid-State: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 61 Other Battery Types: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 62 Other Battery Types: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 63 Other Battery Types: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 64 EV Battery Market, by Material Type, 2019-2023 (USD Million)
Table 65 EV Battery Market, by Material Type, 2024-2030 (USD Million)
Table 66 EV Battery Market, by Material Type, 2031-2035 (USD Million)
Table 67 Cobalt: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 68 Cobalt: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 69 Cobalt: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 70 Lithium: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 71 Lithium: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 72 Lithium: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 73 Natural Graphite: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 74 Natural Graphite: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 75 Natural Graphite: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 76 Manganese: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 77 Manganese: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 78 Manganese: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 79 Iron: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 80 Iron: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 81 Iron: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 82 Phosphate: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 83 Phosphate: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 84 Phosphate: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 85 Nickel: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 86 Nickel: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 87 Nickel: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 88 Other Material Types: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 89 Other Material Types: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 90 Other Material Types: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 91 EV Battery Market, by Battery Form, 2019-2023 (Thousand Units)
Table 92 EV Battery Market, by Battery Form, 2024-2030 (Thousand Units)
Table 93 EV Battery Market, by Battery Form, 2031-2035 (Thousand Units)
Table 94 Battery Forms Used in EV Models, 2024-2026
Table 95 Battery Forms: Advantages and Disadvantages
Table 96 Prismatic: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 97 Prismatic: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 98 Prismatic: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 99 Pouch: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 100 Pouch: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 101 Pouch: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 102 Cylindrical: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 103 Cylindrical: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 104 Cylindrical: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 105 EV Battery Market, by Propulsion, 2019-2023 (Mwh)
Table 106 EV Battery Market, by Propulsion, 2024-2030 (Mwh)
Table 107 EV Battery Market, by Propulsion, 2031-2035 (Mwh)
Table 108 Best-Selling BEVs in US, 2024
Table 109 BEV: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 110 BEV: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 111 BEV: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 112 PHEV: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 113 PHEV: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 114 PHEV: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 115 Fcev: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 116 Fcev: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 117 Fcev: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 118 EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 119 EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 120 EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 121 EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 122 EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 123 EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 124 Upcoming EV Models, 2025-2026
Table 125 Current and Upcoming EV Models, 2024-2025
Table 126 Current and Upcoming Electric Commercial Vehicles, 2023-2026
Table 127 Passenger Car: EV Battery Market, by Region, 2019-2023 (Mwh)
Table 128 Passenger Car: EV Battery Market, by Region, 2024-2030 (Mwh)
Table 129 Passenger Car: EV Battery Market, by Region, 2031-2035 (Mwh)
Table 130 Passenger Car: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 131 Passenger Car: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 132 Passenger Car: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 133 Van/Light Truck: EV Battery Market, by Region, 2019-2023 (Mwh)
Table 134 Van/Light Truck: EV Battery Market, by Region, 2024-2030 (Mwh)
Table 135 Van/Light Truck: EV Battery Market, by Region, 2031-2035 (Mwh)
Table 136 Van/Light Truck: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 137 Van/Light Truck: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 138 Van/Light Truck: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 139 Medium & Heavy Truck: EV Battery Market, by Region, 2019-2023 (Mwh)
Table 140 Medium & Heavy Truck: EV Battery Market, by Region, 2024-2030 (Mwh)
Table 141 Medium & Heavy Truck: EV Battery Market, by Region, 2031-2035 (Mwh)
Table 142 Medium & Heavy Truck: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 143 Medium & Heavy Truck: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 144 Medium & Heavy Truck: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 145 Popular Electric Bus Models
Table 146 Bus: EV Battery Market, by Region, 2019-2023 (Mwh)
Table 147 Bus: EV Battery Market, by Region, 2024-2030 (Mwh)
Table 148 Bus: EV Battery Market, by Region, 2031-2035 (Mwh)
Table 149 Bus: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 150 Bus: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 151 Bus: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 152 Major Electric Off-Highway Vehicle Models
Table 153 Off-Highway Vehicle: EV Battery Market, by Region, 2019-2023 (Mwh)
Table 154 Off-Highway Vehicle: EV Battery Market, by Region, 2024-2030 (Mwh)
Table 155 Off-Highway Vehicle: EV Battery Market, by Region, 2031-2035 (Mwh)
Table 156 Off-Highway Vehicle: EV Battery Market, by Region, 2019-2023 (USD Million)
Table 157 Off-Highway Vehicle: EV Battery Market, by Region, 2024-2030 (USD Million)
Table 158 Off-Highway Vehicle: EV Battery Market, by Region, 2031-2035 (USD Million)
Table 159 Battery Capacity of Popular EV Models
Table 160 EV Battery Market, by Battery Capacity, 2019-2023 (Thousand Units)
Table 161 EV Battery Market, by Battery Capacity, 2024-2030 (Thousand Units)
Table 162 EV Battery Market, by Battery Capacity, 2031-2035 (Thousand Units)
Table 163 < 50 kWh: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 164 < 50 kWh: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 165 < 50 kWh: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 166 50-110 kWh: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 167 50-110 kWh: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 168 50-110 kWh: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 169 111-200 kWh: EV Battery Market, by Region, 2019-2023 (Thousand Units)
Table 170 111-200 kWh: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 171 111-200 kWh: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 172 201-300 kWh: EV Battery Market, by Region, 2019-2023 (Units)
Table 173 201-300 kWh: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 174 201-300 kWh: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 175 > 301 kWh: EV Battery Market, by Region, 2019-2023 (Units)
Table 176 > 301 kWh: EV Battery Market, by Region, 2024-2030 (Thousand Units)
Table 177 > 301 kWh: EV Battery Market, by Region, 2031-2035 (Thousand Units)
Table 178 Electrolyte Solvents in Lithium-Ion Batteries
Table 179 Commonly Used Lithium-Ion Batteries and Their Specifications
Table 180 Cathode Material Suppliers for EV Models, 2023-2024
Table 181 Anode Material Suppliers for EV Models, 2023-2024
Table 182 EV Battery Market, by Region, 2019-2023 (Mwh)
Table 183 EV Battery Market, by Region, 2024-2030 (Mwh)
Table 184 EV Battery Market, by Region, 2031-2035 (Mwh)
Table 185 EV Battery Market, by Region, 2019-2023 (USD Million)
Table 186 EV Battery Market, by Region, 2024-2030 (USD Million)
Table 187 EV Battery Market, by Region, 2031-2035 (USD Million)
Table 188 Asia-Pacific: EV Battery Market, by Country, 2019-2023 (Mwh)
Table 189 Asia-Pacific: EV Battery Market, by Country, 2024-2030 (Mwh)
Table 190 Asia-Pacific: EV Battery Market, by Country, 2031-2035 (Mwh)
Table 191 Asia-Pacific: EV Battery Market, by Country, 2019-2023 (USD Million)
Table 192 Asia-Pacific: EV Battery Market, by Country, 2024-2030 (USD Million)
Table 193 Asia-Pacific: EV Battery Market, by Country, 2031-2035 (USD Million)
Table 194 China: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 195 China: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 196 China: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 197 China: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 198 China: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 199 China: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 200 India: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 201 India: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 202 India: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 203 India: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 204 India: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 205 India: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 206 Japan: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 207 Japan: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 208 Japan: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 209 Japan: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 210 Japan: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 211 Japan: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 212 South Korea: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 213 South Korea: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 214 South Korea: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 215 South Korea: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 216 South Korea: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 217 South Korea: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 218 Europe: EV Battery Market, by Country, 2019-2023 (Mwh)
Table 219 Europe: EV Battery Market, by Country, 2024-2030 (Mwh)
Table 220 Europe: EV Battery Market, by Country, 2031-2035 (Mwh)
Table 221 Europe: EV Battery Market, by Country, 2019-2023 (USD Million)
Table 222 Europe: EV Battery Market, by Country, 2024-2030 (USD Million)
Table 223 Europe: EV Battery Market, by Country, 2031-2035 (USD Million)
Table 224 Germany: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 225 Germany: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 226 Germany: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 227 Germany: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 228 Germany: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 229 Germany: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 230 France: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 231 France: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 232 France: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 233 France: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 234 France: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 235 France: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 236 Italy: EV Battery Market, by Vehicle Type, 2019-2023 (kWh)
Table 237 Italy: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 238 Italy: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 239 Italy: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 240 Italy: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 241 Italy: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 242 UK: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 243 UK: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 244 UK: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 245 UK: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 246 UK: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 247 UK: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 248 Spain: EV Battery Market, by Vehicle Type, 2019-2023 (kWh)
Table 249 Spain: EV Battery Market, by Vehicle Type, 2024-2030 (kWh)
Table 250 Spain: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 251 Spain: EV Battery Market, by Vehicle Type, 2019-2023 (USD Thousand)
Table 252 Spain: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 253 Spain: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 254 Norway: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 255 Norway: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 256 Norway: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 257 Norway: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 258 Norway: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 259 Norway: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 260 Sweden: EV Battery Market, by Vehicle Type, 2019-2023 (kWh)
Table 261 Sweden: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 262 Sweden: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 263 Sweden: EV Battery Market, by Vehicle Type, 2019-2023 (USD Thousand)
Table 264 Sweden: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 265 Sweden: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 266 Denmark: EV Battery Market, by Vehicle Type, 2019-2023 (kWh)
Table 267 Denmark: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 268 Denmark: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 269 Denmark: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 270 Denmark: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 271 Denmark: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 272 North America: EV Battery Market, by Country, 2019-2023 (Mwh)
Table 273 North America: EV Battery Market, by Country, 2024-2030 (Mwh)
Table 274 North America: EV Battery Market, by Country, 2031-2035 (Mwh)
Table 275 North America: EV Battery Market, by Country, 2019-2023 (USD Million)
Table 276 North America: EV Battery Market, by Country, 2024-2030 (USD Million)
Table 277 North America: EV Battery Market, by Country, 2031-2035 (USD Million)
Table 278 US: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 279 US: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 280 US: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 281 US: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 282 US: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 283 US: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 284 Canada: EV Battery Market, by Vehicle Type, 2019-2023 (Mwh)
Table 285 Canada: EV Battery Market, by Vehicle Type, 2024-2030 (Mwh)
Table 286 Canada: EV Battery Market, by Vehicle Type, 2031-2035 (Mwh)
Table 287 Canada: EV Battery Market, by Vehicle Type, 2019-2023 (USD Million)
Table 288 Canada: EV Battery Market, by Vehicle Type, 2024-2030 (USD Million)
Table 289 Canada: EV Battery Market, by Vehicle Type, 2031-2035 (USD Million)
Table 290 Key Player Strategies/Right to Win, 2022-2024
Table 291 EV Battery Market Share Analysis, 2024
Table 292 EV Battery Market Share Trend Analysis, 2022-2024
Table 293 EV Battery Market: Region Footprint
Table 294 EV Battery Market: Battery Form Footprint
Table 295 EV Battery Market: Battery Type Footprint
Table 296 EV Battery Market: Propulsion Footprint
Table 297 EV Battery Market: List of Startups/SMEs
Table 298 EV Battery Market: Competitive Benchmarking of Startups/SMEs (1/2)
Table 299 EV Battery Market: Competitive Benchmarking of Startups/SMEs (2/2)
Table 300 EV Battery Market: Product Launches/Developments, March 2020-December 2024
Table 301 EV Battery Market: Deals, March 2020-December 2024
Table 302 EV Battery Market: Expansion, March 2020-December 2024
Table 303 EV Battery Market: Other Developments, March 2020-December 2024
Table 304 Contemporary Amperex Technology Co. Limited: Company Overview
Table 305 Contemporary Amperex Technology Co. Limited: Products Offered
Table 306 Contemporary Amperex Technology Co. Limited: Product Launches/Developments
Table 307 Contemporary Amperex Technology Co. Limited: Deals
Table 308 Contemporary Amperex Technology Co. Limited: Other Developments
Table 309 Byd Company Ltd.: Company Overview
Table 310 Byd Company Ltd.: Products Offered
Table 311 Byd Company Ltd.: Product Launches/Developments
Table 312 Byd Company Ltd.: Deals
Table 313 Byd Company Ltd.: Expansion
Table 314 Byd Company Ltd.: Other Developments
Table 315 Lg Energy Solution: Company Overview
Table 316 Lg Energy Solution: R&D Overview
Table 317 Lg Energy Solution: Products Offered
Table 318 Lg Energy Solution: Deals
Table 319 Lg Energy Solution: Expansion
Table 320 Lg Energy Solution: Other Developments
Table 321 Calb: Company Overview
Table 322 Calb: Products Offered
Table 323 Calb: Product Launches/Developments
Table 324 Calb: Deals
Table 325 Calb: Other Developments
Table 326 Sk Innovation Co. Ltd.: Company Overview
Table 327 Sk Innovation Co. Ltd.: Products Offered
Table 328 Sk Innovation Co. Ltd.: Product Launches/Developments
Table 329 Sk Innovation Co. Ltd.: Deals
Table 330 Sk Innovation Co. Ltd.: Other Developments
Table 331 Panasonic Holdings Corporation: Company Overview
Table 332 Panasonic Holdings Corporation: Products Offered
Table 333 Panasonic Holdings Corporation: Product Launches/Developments
Table 334 Panasonic Holdings Corporation: Deals
Table 335 Panasonic Holdings Corporation: Expansion
Table 336 Panasonic Holdings Corporation: Other Developments
Table 337 Samsung Sdi: Company Overview
Table 338 Samsung Sdi: Products Offered
Table 339 Samsung Sdi: Product Launches/Developments
Table 340 Samsung Sdi: Deals
Table 341 Samsung Sdi: Expansion
Table 342 Samsung Sdi: Other Developments
Table 343 Gotion: Company Overview
Table 344 Gotion: Products Offered
Table 345 Gotion: Product Launches/Developments
Table 346 Gotion: Deals
Table 347 Gotion: Expansion
Table 348 Sunwoda Electronic Co. Ltd.: Company Overview
Table 349 Sunwoda Electronic Co. Ltd.: Products Offered
Table 350 Sunwoda Electronic Co. Ltd.: Deals
Table 351 Sunwoda Electronic Co. Ltd.: Expansion
Table 352 Sunwoda Electronic Co. Ltd.: Other Developments
Table 353 Farasis Energy (Ganzhou) Co. Ltd.: Company Overview
Table 354 Farasis Energy (Ganzhou) Co. Ltd.: Products Offered
Table 355 Farasis Energy (Ganzhou) Co. Ltd.: Product Launches/Developments
Table 356 Farasis Energy (Ganzhou) Co. Ltd.: Deals
Table 357 Farasis Energy (Ganzhou) Co. Ltd.: Expansion
Table 358 Toshiba Corporation: Company Overview
Table 359 Toshiba Corporation: Products Offered
Table 360 Toshiba Corporation: Product Launches/Developments
Table 361 Toshiba Corporation: Deals
Table 362 Mitsubishi Corporation: Company Overview
Table 363 Mitsubishi Corporation: Products Offered
Table 364 Mitsubishi Corporation: Product Launches/Developments
Table 365 Mitsubishi Corporation: Deals
Table 366 Mitsubishi Corporation: Expansion
Table 367 Mitsubishi Corporation: Other Developments
Table 368 Enersys: Company Overview
Table 369 Enersys: Products Offered
Table 370 Enersys: Deals
Table 371 Enersys: Expansion
Table 372 Enersys: Other Developments
Table 373 Exide Industries Limited: Company Overview
Table 374 E-One Moli Energy Corp: Company Overview
Table 375 Targray Technology International Inc.: Company Overview
Table 376 Altair Nanotechnologies Inc.: Company Overview
Table 377 Clarios: Company Overview
Table 378 Northvolt Ab: Company Overview
Table 379 Leclanché SA: Company Overview
Table 380 Envision Group: Company Overview
Table 381 A123 Systems: Company Overview
Table 382 Gs Yuasa International Ltd.: Company Overview
Table 383 Automotive Energy Supply Corporation: Company Overview
Table 384 Rept Battero Energy Co Ltd.: Company Overview
Table 385 Automotive Cells Company: Company Overview
Table 386 Blueoval Sk: Company Overview
Table 387 Cellforce Group GmbH: Company Overview
Table 388 Ultium Cells: Company Overview
Table 389 One Battery: Company Overview
Table 390 Sila Nanotechnologies Inc.: Company Overview
Table 391 Morrow Batteries: Company Overview
List of Figures
Figure 1 Research Design
Figure 2 Research Design Model
Figure 3 Research Methodology: Hypothesis Building
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Growth Projections from Demand-Side Drivers
Figure 8 Demand- and Supply-Side Factors Impacting Overall Market
Figure 9 EV Battery Market Overview
Figure 10 Asia-Pacific to Lead Market During Forecast Period
Figure 11 Lithium-Ion Segment to Lead Market During Forecast Period
Figure 12 Advancements in Lithium-Ion and Solid-State Battery Technologies to Drive Market
Figure 13 Asia-Pacific to be Largest Market in 2024
Figure 14 50-110 kWh Segment to Lead Market During Forecast Period
Figure 15 Prismatic Segment to Account for Largest Share by 2035
Figure 16 Lithium-Ion Segment to Lead Market During Forecast Period
Figure 17 Iron Segment to Lead Market During Forecast Period
Figure 18 BEV Segment to Account for Largest Share by 2035
Figure 19 Passenger Car Segment to Lead Market During Forecast Period
Figure 20 EV Battery Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 EV Sales, by Key Country, 2021-2023 (USD Million)
Figure 22 Price Trend of EV Batteries, 2020-2030 (USD/kWh)
Figure 23 China's Contribution in Production and Processing of Critical Minerals, 2023
Figure 24 Global Cobalt Reserves, 2024
Figure 25 Global Lithium Reserves, 2024
Figure 26 Battery as a Service (BaaS) Business Model
Figure 27 Advantages of Solid-State Batteries
Figure 28 Sparkion's Energy Storage System (Ess) Workflow
Figure 29 Lithium-Ion: Demand and Supply Analysis, 2022-2030 (Kilotons)
Figure 30 Price and Range Comparison Between BMW I5 (EV) and BMW 5 Series (Ice)
Figure 31 Trends & Disruptions Impacting Customer Business
Figure 32 Cost Structure of Lithium-Ion Batteries, 2024
Figure 33 Average Selling Price of Key Players for Passenger Cars, 2024 (USD/kWh)
Figure 34 Average Selling Price Trend, by Region, 2022-2024 (USD/kWh)
Figure 35 Ecosystem Analysis
Figure 36 EV Battery Market: Value Chain Analysis
Figure 37 Investment and Funding Scenario, 2022-2024 (USD Billion)
Figure 38 Patent Analysis, 2015-2024
Figure 39 Catl's Third-Generation Ctp Technology
Figure 40 Illustration of Cell-To-Chassis Approach by Rwth Aachen University
Figure 41 Import Data for HS Code 850650-Compliant Products, by Country, 2019-2023 (USD Million)
Figure 42 Export Data for HS Code 850650-Compliant Products, by Country, 2019-2023 (USD Million)
Figure 43 Influence of Stakeholders on Buying Process, by Vehicle Type
Figure 44 Key Buying Criteria, by Vehicle Type
Figure 45 Investment Announcements by Battery Manufacturers/OEMs
Figure 46 Lithium-Ion Segment to Account for Largest Market During Forecast Period
Figure 47 EVs Equipped with Lithium-Ion Batteries
Figure 48 Lithium-Ion Battery Cell Specifications
Figure 49 Comparison Between Lfp and Lithium-Ion Batteries
Figure 50 Comparison Between Lfp and Nca/Nmc Battery Chemistries
Figure 51 Lithium-Ion: Comparison Between Wh/KG and Wh/L
Figure 52 Features and Advantages of Sodium-Ion Batteries
Figure 53 Iron Segment to Account for Largest Market by 2035
Figure 54 Prismatic Segment to Account for Largest Share During Forecast Period
Figure 55 EV Battery Forms: Specifications
Figure 56 Prismatic Battery Cell Specifications
Figure 57 Pouch Battery Cell Specifications
Figure 58 Cylindrical Battery Cell Specifications
Figure 59 BEV Segment to Lead Market During Forecast Period
Figure 60 Passenger Car Segment to Lead Market During Forecast Period
Figure 61 > 300 kWh Segment to Register Highest CAGR During Forecast Period
Figure 62 Working Principle of Bonding Methods in Battery Cell
Figure 63 Lithium-Ion Battery Specifications
Figure 64 EV Battery Market, by Region, 2024 vs. 2035 (Mwh)
Figure 65 Asia-Pacific: Real GDP Growth Rate, by Country, 2024-2026
Figure 66 Asia-Pacific: GDP Per Capita, by Country, 2024-2026
Figure 67 Asia-Pacific: Inflation Rate Average Consumer Prices, by Country, 2024-2026
Figure 68 Asia-Pacific: Manufacturing Industry's Contribution to GDP, 2024
Figure 69 Asia-Pacific: EV Battery Market Snapshot
Figure 70 Europe: Real GDP Growth Rate, by Country, 2024-2026
Figure 71 Europe: GDP Per Capita, by Country, 2024-2026
Figure 72 Europe: Inflation Rate Average Consumer Prices, by Country, 2024-2026
Figure 73 Europe: Manufacturing Industry's Contribution to GDP, 2024
Figure 74 Europe: EV Battery Market, by Country, 2024 vs. 2035 (USD Million)
Figure 75 North America: Real GDP Growth Rate, by Country, 2024-2026
Figure 76 North America: GDP Per Capita, by Country, 2024-2026
Figure 77 North America: Inflation Rate Average Consumer Prices, by Country, 2024-2026
Figure 78 North America: Manufacturing Industry's Contribution to GDP, 2024
Figure 79 North America: EV Battery Market Snapshot
Figure 80 Revenue Analysis, 2019-2023 (USD Billion)
Figure 81 EV Battery Market Share Analysis, 2024
Figure 82 Company Valuation of Key Players
Figure 83 Financial Metrics of Key Players
Figure 84 Brand/Product Comparison
Figure 85 EV Battery Market: Company Evaluation Matrix (Key Players), 2024
Figure 86 EV Battery Market: Company Footprint
Figure 87 EV Battery Market: Company Evaluation Matrix (Startups/SMEs), 2024
Figure 88 Contemporary Amperex Technology Co. Limited: Company Snapshot
Figure 89 Byd Company Ltd.: Company Snapshot
Figure 90 Lg Energy Solution: Company Snapshot
Figure 91 Calb: Company Snapshot
Figure 92 Sk Innovation Co. Ltd.: Company Snapshot
Figure 93 Panasonic Holdings Corporation: Company Snapshot
Figure 94 Samsung Sdi: Company Snapshot
Figure 95 Gotion: Company Snapshot
Figure 96 Sunwoda Electronic Co. Ltd.: Company Snapshot
Figure 97 Farasis Energy (Ganzhou) Co. Ltd.: Company Snapshot
Figure 98 Toshiba Corporation: Company Snapshot
Figure 99 Mitsubishi Corporation: Company Snapshot
Figure 100 Enersys: Company Snapshot

Companies Mentioned

  • Contemporary Amperex Technology Co. Limited
  • Byd Company Ltd.
  • Lg Energy Solution
  • Calb
  • Sk Innovation Co. Ltd.
  • Panasonic Holdings Corporation
  • Samsung Sdi
  • Gotion
  • Sunwoda Electronic Co. Ltd.
  • Farasis Energy (Ganzhou) Co. Ltd.
  • Toshiba Corporation
  • Mitsubishi Corporation
  • Enersys
  • Exide Industries Limited
  • E-One Moli Energy Corp.
  • Targray Technology International Inc.
  • Altair Nanotechnologies Inc.
  • Clarios
  • Northvolt Ab
  • Leclanché SA
  • Envision Group
  • A123 Systems (Subsidiary of Wanxiang Group)
  • Gs Yuasa International Ltd.
  • Automotive Energy Supply Corporation
  • Rept Battero Energy Co Ltd.
  • Automotive Cells Company
  • Blueoval Sk
  • Cellforce Group GmbH
  • Ultium Cells
  • One Battery
  • Sila Nanotechnologies Inc.
  • Morrow Batteries

Methodology

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Table Information