Press release
China Electric Vehicle Battery Market 2021: Analysis, Size, Share, Trends and Forecast 2026
China Electric Vehicle Battery Market Report
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report: https://www.imarcgroup.com/china-electric-vehicle-battery-market/requestsample
China Electric Vehicle Battery Market Industry Definition and Application:
An electric vehicle battery is a rechargeable battery used to power the electric motor of a vehicle. It assists in reducing carbon emissions, mitigating fuel dependency, controlling maintenance costs, and producing high energy per unit mass as compared to traditionally used vehicle batteries.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
China Electric Vehicle Battery Market Trends and Drivers:
Increasing sales of hybrid and electric vehicles (H/EVs) represent one of the major factors positively influencing the demand for electric vehicle batteries in China. In addition, due to the rising environmental consciousness among individuals, governing authorities in the country are introducing stringent regulations to minimize carbon emissions. They are also investing in upgrading public charging infrastructures for EVs, which is further providing a thrust to the market growth in the country. Apart from this, the integration of the Internet of Things (IoT), wireless connectivity and vehicle telematics solutions for real-time monitoring of vehicles are offering lucrative growth opportunities to industry investors.
Browse full report with TOC: https://www.imarcgroup.com/china-electric-vehicle-battery-market
China Electric Vehicle Battery Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on battery type, vehicle type, battery capacity.
Breakup by Battery Type:
Lead Acid Battery
Lithium-Ion Battery
Others
Breakup by Vehicle Type:
Battery Electric Vehicles (BEV)
Plug-in Hybrid Electric Vehicles (PHEV)
Hybrid Electric Vehicles (HEV)
Breakup by Battery Capacity:
60 kWh
30-60 kWh
>60 kWh
Who are the Major China Electric Vehicle Battery Key players?
BMZ Group, BYD Company Limited, Contemporary GS Yuasa International Ltd., Lishen Battery, Microvast, OptimumNano Energy Co.,Ltd., Panasonic Corporation, Samsung SDI Co., Ltd. and Showa Denko Materials Co., Ltd.
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