Electric Vehicle Battery Market Size & Share, by Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler); Battery Type (Lithium-Ion, Nickel Metal Hydride, Lead Acid); Propulsion Type (Battery, Hybrid, Plug-In Hybrid) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 4770
  • Published Date: Sep 25, 2023
  • Report Format: PDF, PPT

Companies Dominating the EV Battery Landscape

    • Honda Motors Co, Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Panasonic Corporation
    • LG Energy Solution Ltd.
    • Contemporary Amperex Technology Co. Limited
    • Samsung SDI Co. Ltd.
    • BYD Company Ltd.
    • SK Innovations Co. Ltd.
    • SVOLT Energy Technology Co., Ltd.
    • Primearth EV Energy Co., Ltd.
    • Vehicle Energy Japan Inc.  

Browse Key Market Insights with Data Illustration:


In The News

  • BYD Company Ltd. announced the launch of Blade Battery which help fix battery safety problems while simultaneously establishing industrywide safety requirements. In comparison to typical lithium iron phosphate block batteries, the battery pack's space utilization has enhanced by over 50% owing to its optimized battery pack construction.
  • Honda Motor Co., Ltd. announces the collaboration with LG Energy Solutions to launch a joint venture battery plant in Fayette County, Ohio. The new production facility will be ready by the end of 2024, by the end of 2025, the facility hopes to begin mass-producing pouch-type lithium-ion batteries with a production capacity of about 40GWh annually.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 4770
  • Published Date: Sep 25, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are rise in number of new EV models, rising pollution from vehicles, and technological advancement in electric battery.

The market size of EV battery is anticipated to attain a CAGR of 22% over the forecast period, i.e., 2024 – 2036.

The major players in the market are Honda Motors Co, Ltd., Panasonic Corporation, LG Energy Solution Ltd., Contemporary Amperex Technology Co. Limited, and others.

The passenger car segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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