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EV Battery Cells Market Trends, Active Key Players, and Growth Projection Up to 2030 | Allied Market Research

03-30-2023 04:42 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

An electric vehicle battery (EVB, also known as a traction battery) is a battery used to supply power to an electric motor of an electric vehicle or hybrid electric vehicle. These batteries are often rechargeable (secondary) batteries, usually lithium-ion batteries. These batteries have a high ampere-hour (or kilowatt hour) capacity. EV batteries comprise three parts namely - cells, packs, and modules. Thus, the EV battery cells are the basic unit of lithium-ion battery that exerts electric energy by charging and discharging EV battery cells are made by inserting cathode, anode, separator, and electrolyte into a rectangular aluminum container.

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Key Benefits of the Report:

This study presents the analytical depiction of the EV battery cells industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with challenges of EV battery cells market.

The current market is quantitatively analyzed to highlight the growth scenario of the EV battery cells market.

The report provides a detailed EV battery cells market analysis based on competitive intensity and the competition that will take shape in coming years.

Top Impacting Factors

Increase in the demand for EVs globally, shift of automotive industry toward EVs, and continuously decline in the price of li-ion battery drive the growth of the global EV battery cells market.

Stringent lead pollution norms in electric vehicle battery, high import taxes on EV batteries, and instability in raw material prices hinder the growth of the global EV battery cells market.

Supportive government policies and investment for the deployment of the public charging infrastructure provide lucrative opportunities for the global EV battery cells market.

The EV Battery Cells market is segmented on the basis of By type, application, industry, and region.

Major players operating in the EV Battery Cells industry include such as BYD, Panasonic, CATL, LG Chem, Guoxuan High-tech, Samsung, Hitachi, Automotive Energy Supply Corporation (AESC), Varta

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Market Segmented:

By Type
Lithium-Ion Battery Cells
NI-MH Battery Cells
Others

By Application
PHEVs
HEVs
BEVs

By Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)

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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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