Press release
Automotive Battery Market Growing Rapidly Due to Decreasing Crude Oil Reserves and Environmental Impact of the Conventional Vehicles
Battery pack is the most essential element for any automotive vehicle. It stores electricity, which is used for the initial ignition of the vehicle engine. Due to the rapid growth in sales of electric buses and other automotive vehicles, the automotive battery market has also gained pace, because of the large-sized batteries required in the automotive vehicles. The application of batteries in the vehicles is altering the business landscape, at technology, supplier, and regional level.Explore Free Report Description At: https://www.psmarketresearch.com/market-analysis/automotive-battery-market
An electric vehicle battery or traction battery is a battery used to power the propulsion of battery electric vehicles. Vehicle batteries are usually secondary or rechargeable batteries. The application of traction batteries are in the sectors including electric transportation vehicles, electric commercial and private vehicles, and electric goods carrier vehicles.
Some of the major automotive battery manufacturers include Kokam, BYD, Toshiba, LG Chem Power, Sanyo, Li-tec Battery GmbH, Johnson Controls, among others.
Download Free Report Sample At: https://www.psmarketresearch.com/market-analysis/automotive-battery-market/report-sample
Global Automotive Battery Market Segmentation
By Application
• Passenger car
• Commercial vehicles
• Hybrid and electric vehicles
• Two-wheelers
By Type
• Lithium ion (Li-ion)
• Nickel–metal hydride (Ni-MH)
• Nickel–cadmium (Ni-Cd)
• Gasoline
• Lead-acid
By Geography
• North America
o U.S.
o Canada
o Rest of North America
• Europe
o U.K.
o Italy
o Spain
o Germany
o France
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia Pacific
• Rest of World (RoW)
o South Africa
o Rest of RoW
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