Press release
Electric Vehicle (EV) Batteries Market (2022-2026) Industry Trends, Share, Size, Growth, Opportunity, and Forecasts
Electric Vehicle (EV) Batteries Market
The regions covered in the electric vehicles batteries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest electric vehicles batteries market share.
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The electric vehicles batteries market consists of sales of electric vehicles batteries. Electric vehicles batteries are used to power the electronic vehicles and are rechargeable in nature. These batteries support the clean energy initiative as they don't emit any harmful gases which causes damage to the environment.
Key competitors in the electric vehicles batteries market include Panasonic Corporation, Mitsubishi Motors Corporation, Beijing Pride New Energy Battery Technology Co. Ltd, Automotive Energy Supply Corporation, BYD Company Ltd, Daimler AG, Robert Bosch GmbH, SAMSUNG SDI CO, Tianneng Power International Co. Ltd, and Johnson Controls.
The global electric vehicles batteries market size is expected grow from $23.74 billion in 2021 to $25.43 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The EV batteries market is expected to reach $33.26 billion in 2026 at a CAGR of 6.9%.
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TBRC's report segments the global electric vehicles batteries market:
1) By Battery Type: Lithium-Ion, Lead-Acid, Nickel-Metal Hydride, Sodium-Ion, Others
2) By Vehicle Type: Passenger Vehicles, Commercial Vehicles
3) By Propulsion: Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV)
Read Further On The Electric Vehicles Batteries Market Here:
https://www.thebusinessresearchcompany.com/report/electric-vehicle-batteries-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Electric Vehicle Batteries Market Characteristics
3. Electric Vehicle Batteries Market Trends And Strategies
4. Impact Of COVID-19 On Electric Vehicle Batteries
5. Electric Vehicle Batteries Market Size And Growth
.....
27. Electric Vehicle Batteries Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Vehicle Batteries Market
29. Electric Vehicle Batteries Market Future Outlook and Potential Analysis
30. Appendix
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