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Europe EV Battery Market Top Key Players - Samsung SDI, SK Innovation , LG Chemical – LG Group Subsidiary, CATL Germany, Northvolt, Nissan Motor Corporation – Battery Manufacturing, BASF, Johnson Matthey

08-13-2021 10:16 AM CET | Logistics & Transport

Press release from: Mobility Foresights

Europe EV Battery Market Top Key Players - Samsung SDI, SK

Europe EV Battery Market is gaining popularity due to a variety of factors, including falling prices and increased weather and environmental awareness. There have been significant improvements in battery development in recent years. In addition, global manufacturing of electric vehicle (EV) batteries will grow to meet battery demand forecasts.

Currently, the batteries are a major obstacle to the widespread adoption of EVs. The development of better, cheaper and higher capacity batteries will increase the autonomy of the vehicle and users will view the battery as a true alternative to internal combustion engine vehicles.

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EUROPE EV BATTERY MARKET DEVELOPMENTS AND INNOVATIONS

• Volkswagen under plans to industrialise EV battery Production in EU

• 38 New EV Battery Giga Factories planned in EU

• Nissan drives towards push on EV battery Plant

• TES and EV Battery recycling Facility placement

• CEZ Battery Plant push towards central Europe

EUROPE EV BATTERY MARKET DYNAMICS

• Europe is making progress in the development of lithium-ion batteries (LIBs). Despite the gap between European companies and industry leaders, there are compelling reasons for European companies to enter the market. LIB technology is not singular. Cost considerations and product requirements determine suitability for each application.

• The use of lithium-ion batteries is booming, from electric vehicles to energy storage systems, thanks to the global migration of fossil fuels. LIBs, including the European Battery Alliance to encourage production, research and innovation programs such as "Horizon 2020" and "Battery 2030+", are now focused on establishing European sovereignty.

EUROPE EV BATTERY MARKET SEGMENTATION

The Europe EV Battery Market can be segmented into following categories for further analysis.

By EV Type
• HEV
• BEV
• PHEV
• FCEV

By Battery Type
• Lithium Nickel Manganese Cobalt (LI-NMC)
• Lithium Iron Phosphate (LFP)
• Lithium Cobalt Oxide (LCO)
• Lithium Titanate Oxide (LTO)
• Lithium Manganese Oxide (LMO)
• Lithium Nickel Cobalt Aluminium Oxide (NCA)

By Power Capacity Type
• Less than 35kWh
• 35-55kWh
• 55-75kWh
• More than 75kWh

RECENT MARKET TECHNOLOGICAL TRENDS IN EUROPE EV BATTERY MARKET

• The European EV battery market has recently been conducting technological interventions with varying amounts of research and development. Private- and public-based research collaborations were critical to incorporation of battery technology into market requirements. Countries have developed the infrastructure needed for better mobility solutions.

• State-of-the-art battery technology uses high-insulating polymer materials such as polyolefins and polypropylenes for separators. This material is stretched and has dry and wet processes to do it to create tiny pores. There are approaches that focus more on the concept of battery operation safety integration. As a separator, it has come to be used in a limited way for one film material, but in recent years, in order to improve the performance of the separator, various materials have been coated and used.

COMPETITIVE LANDSCAPE

EV batteries are the heart and soul of EV driving power in large-scale work, regardless of the vehicle category used on the market. Therefore, technological advances and better mobility solutions are deployed to improve the consistency of battery technology and manufacturing functions. European country-based EV makers are taking an approach focused on reducing their reliance on China for EV batteries and deploying new manufacturing stations in the country.

COMPANIES PROFILED

• Samsung SDI
• SK Innovation
• LG Chemical – LG Group Subsidiary
• CATL Germany
• Northvolt
• Nissan Motor Corporation – Battery Manufacturing
• BASF
• Johnson Matthey
• Yuasa Battery Europe Limited
• Power Sonic Europe Limited
• Abertax Technologies Group
• Accuma SpA
• ALOM Group JSC
• Clarios Technologies

Read More Information: https://mobilityforesights.com/product/europe-ev-battery-market/

Contact:
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: Send Email
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.

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