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Electric Vehicles Batteries Market By Type (Lithium-Ion Batteries, Nickel-Metal Hydride Batteries, Lead-Acid Batteries and Ultracapacitors) By Vehicle Type(Passenger Cars, Utility Vehicles, Golf Carts and E-bikes, etc.) Market - Growth, Future Prospects, Government & Defense, Post COVID-19 Scenario 2020 - 2028

Electric vehicle batteries use chemical energy that is stored in battery packs for powering the vehicles and hence, there is no requirement of any combustion engine for propulsion of the vehicle. Currently, consumers are more inclined towards battery operated electric vehicles, as these vehicles do not require any fuel, such as petrol, and diesel, among others. The batteries that are used in the electric vehicles are introduced as a clean energy alternative compared to gas-powered vehicles, because electric vehicle batteries have low or zero emissions. Numerous hotels and highways stations are focusing to install charging stations at their premises, in order to cater to the charging requirements of electric vehicles.
 
In terms of electric vehicle batteries, lithium-ion batteries are primarily used by manufacturers to power hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs). In addition, Nickel Metal Hydride (NiMH) and Lead-Acid batteries are used in some of the hybrid vehicles and electric vehicles. Electric vehicle batteries are categorized into types such as lithium-ion batteries, nickel-metal hydride batteries, lead-acid batteries and ultracapacitors. Such electric vehicle batteries are used in various electric vehicles, e-bikes, electric golf carts and utility electric vehicle. Manufacturers of electric vehicle batteries have been focusing on producing advanced electric vehicle battery systems, which have lower emission as compared to other batteries and which are more compact in size and shape with lower cost. With growing availability of wide range of batteries, automakers have been focusing on designing advanced electric vehicles to cater to the rising demand for electric vehicles. Thereby, the demand of such electric batteries is expected to continue to grow in the following years.
 
With the ongoing trend towards the adoption of electric vehicles, battery manufacturers are taking steps towards ensuring battery recycling, which will help to keep hazardous materials from entering the waste stream and the recycled battery parts can be reused. Key players in the electric vehicle batteries market include Leclanché SA, LG Chem, Ltd., Samsung Electronics Co., Ltd., Panasonic Corporation, SK Innovation CO., Ltd., Hitachi, Ltd., Electrovaya Inc., MOLICEL (E-One Moli Energy Corp.), BYD Company Ltd. and Robert Bosch GmbH.
 
Global Electric Vehicles Batteries Market, By Type
Based on type, the electric vehicles batteries market is segmented into the following:
  • Lithium-Ion Batteries
  • Nickel-Metal Hydride Batteries
  • Lead-Acid Batteries
  • Ultracapacitors
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2019 and 2028:

Global Electric Vehicles Batteries Value Share, By Type, 2019 & 2028(% Value)


In 2019, the lithium-ion batteries segment led the overall electric vehicle batteries market in terms of market value accounting for over 35% of the global market. The lithium-ion batteries are widely used in the most of the electric vehicles, because of its high power-to-weight ratio, low self-discharge, and effective high-temperature performance. In addition, most of the components of lithium-ion batteries can be recycled, which is considered as another advantage of this battery to be widely used by the manufacturers. The material used in the lithium-ion battery technology allows a higher density of lithium ions to be stored in it, which helps to increase the travel distance of the vehicle. The largest market for lithium-ion batteries is from electric vehicles, mainly passenger cars.
 
Global Electric Vehicles Batteries Market, By Vehicle Type
Based on vehicle type, the electric vehicles batteries market is segmented into the following:
  • Passenger Cars
  • Utility Vehicles
  • Golf Carts
  • E-bikes, etc.
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2019 and 2028:

Global Electric Vehicles Batteries Value Share, By Vehicle Type, 2019 & 2028(% Value)


In 2019, the electric passenger cars led the overall electrical vehicles batteries market in terms of market value. There is high demand for electric passenger cars in the Asia Pacific region, mainly from China and India, which indirectly increase the demand for electric vehicle batteries market. In addition, consumers are more inclined towards the electric passenger cars, due to rising environmental concerns, such as increasing pollution and negative effect of climate change. Along with this, the government agencies are taking various steps to support the use of the electric vehicles, which is boosting the growth of the electric vehicle batteries market. Furthermore, the fleet of utility vehicles are focusing to replace the traditional vehicles with electric vehicles in the following years and will lead the market share for electric vehicles batteries market.
 
Global Electric Vehicles Batteries Market, By Geography
Based on geography, the contactless access control system market is segmented into following:
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2019 and 2028:

Global Electric Vehicles Batteries Value Share, By Geography, 2019 & 2028(% Value)


In 2019, Asia-Pacific held the largest share in the electric vehicles batteries market since China has the largest consumption of lithium-ion batteries, electric vehicles and electric bicycles, which results in the rise of the sales figure. China is considered as largest manufacturer and buyer of the electric vehicles across the World. As per the report, more than half of the electric cars are manufactured in China region and 99% of the world’s electric buses are also made in China. According IEA report, in 2019, the sales of electric cars in China reached to 1.10 Mn. As per this report, China is leading the market with its sales, as compared to other countries across the world. Moreover, China is also controlling the supply of raw materials, which are used for manufacturing electric vehicle batteries.
Table of Content

Chapter 1 Preface
    1.1 Report Description
        1.1.1 Aim of the Report
        1.1.2 Report Target Audience
        1.1.3 Report Offering
    1.2 Research Scope
    1.3 Research Methodology
        1.3.1 Phase I – Secondary Research
        1.3.2 Phase II – Primary Research
        1.3.3 Phase III – Expert Panel Review
        1.3.4 Assumptions
        1.3.5 Top-Down and Bottom-Up Approach
Chapter 2 Executive Summary
    2.1 Market Snapshot: Global Electric Vehicles Batteries Market
    2.2 Global Electric Vehicles Batteries Market, By Type
    2.3 Global Electric Vehicles Batteries Market, By Vehicle Type
    2.4 Global Electric Vehicles Batteries Market, By Geography
Chapter 3 Market Dynamics
    3.1 Type and Market Insights
        3.1.1 Global Electric Vehicles Batteries Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
    3.2 Market Dynamics
        3.2.1 Growth Drivers
        3.2.2 Market Restraints
        3.2.3 Impact Analysis of Drivers and Restraints
        3.2.4 Trends and Future Outlook
    3.3 Attractive Investment Proposition
    3.4 Competitive Analysis
        3.4.1 Competitive Landscape in the Electric Vehicles Batteries Market
Chapter 4 Global Electric Vehicles Batteries Market Analysis, By Type
    4.1 Overview
    4.2 Lithium-Ion Batteries
        4.2.1 Global Lithium-Ion Batteries Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
    4.3 Nickel-Metal Hydride Batteries
        4.3.1 Global Nickel-Metal Hydride Batteries Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
    4.4 Lead-Acid Batteries
        4.4.1 Global Lead-Acid Batteries Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
    4.5 Ultracapacitors
        4.5.1 Global Ultracapacitors Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
Chapter 5 Global Electric Vehicles Batteries Market Analysis, By Vehicle Type
    5.1 Overview
    5.2 Passenger Cars
        5.2.1 Global Electric Vehicles Batteries Market Value for Passenger Cars, 2018 – 2028, (US$ Mn)
    5.3 Utility Vehicles
        5.3.1 Global Electric Vehicles Batteries Market Value for Utility Vehicles, 2018 – 2028, (US$ Mn)
    5.4 Golf Carts
        5.4.1 Global Electric Vehicles Batteries Market Value for Golf Carts, 2018 – 2028, (US$ Mn)
    5.5 E-bikes
        5.5.1 Global Electric Vehicles Batteries Market Value for E-bikes, 2018 – 2028, (US$ Mn)
Chapter 6 North America Electric Vehicles Batteries Market Analysis
    6.1 Overview
    6.2 North America Electric Vehicles Batteries Market Analysis, By Type, 2018 – 2028
        6.2.1 Market Analysis
    6.3 North America Electric Vehicles Batteries Market Analysis, By Vehicle Type, 2018 – 2028
        6.3.1 Market Analysis
    6.4 North America Electric Vehicles Batteries Market Analysis, By Country, 2018 – 2028
        6.4.1 Market Analysis
        6.4.2 U.S.
        6.4.3 Canada
Chapter 7 Europe Electric Vehicles Batteries Market Analysis
    7.1 Overview
    7.2 Europe Electric Vehicles Batteries Market Analysis, By Type, 2018 – 2028
        7.2.1 Market Analysis
    7.3 Europe Electric Vehicles Batteries Market Analysis, By Vehicle Type, 2018 – 2028
        7.3.1 Market Analysis
    7.4 Europe Electric Vehicles Batteries Market Analysis, By Country, 2018 – 2028
        7.4.1 Market Analysis
        7.4.2 UK
        7.4.3 Germany
        7.4.4 France
        7.4.5 Rest of Europe
Chapter 8 Asia Pacific Electric Vehicles Batteries Market Analysis
    8.1 Overview
    8.2 Asia Pacific Electric Vehicles Batteries Market Analysis, By Type, 2018 – 2028
        8.2.1 Market Analysis
    8.3 Asia Pacific Electric Vehicles Batteries Market Analysis, By Vehicle Type, 2018 – 2028
        8.3.1 Market Analysis
    8.4 Asia Pacific Electric Vehicles Batteries Market Analysis, By Country, 2018 – 2028
        8.4.1 Market Analysis
        8.4.2 China
        8.4.3 Japan
        8.4.4 India
        8.4.5 Rest of Asia Pacific
Chapter 9 Latin America Electric Vehicles Batteries Market Analysis
    9.1 Overview
    9.2 Latin America Electric Vehicles Batteries Market Analysis, By Type, 2018 – 2028
        9.2.1 Market Analysis
    9.3 Latin America Electric Vehicles Batteries Market Analysis, By Vehicle Type, 2018 – 2028
        9.3.1 Market Analysis
    9.4 Latin America Electric Vehicles Batteries Market Analysis, By Country, 2018 – 2028
        9.4.1 Market Analysis
        9.4.2 Mexico
        9.4.3 Brazil
        9.4.4 Rest of Latin America
Chapter 10 Middle East and Africa (MEA) Electric Vehicles Batteries Market Analysis
    10.1 Overview
    10.2 MEA Electric Vehicles Batteries Market Analysis, By Type, 2018 – 2028
        10.2.1 Market Analysis
    10.3 MEA Electric Vehicles Batteries Market Analysis, By Vehicle Type, 2018 – 2028
        10.3.1 Market Analysis
    10.4 MEA Electric Vehicles Batteries Market Analysis, By Country, 2018 – 2028
        10.4.1 Market Analysis
        10.4.2 GCC Countries
        10.4.3 South Africa
        10.4.4 Rest of MEA
Chapter 11 Company Profiles
    11.1 Leclanché SA
        11.1.1 Leclanché SA: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
    11.2 LG Chem, Ltd.
        11.2.1 LG Chem, Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
    11.3 Samsung Electronics Co., Ltd.
        11.3.1 Samsung Electronics Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
    11.4 Panasonic Corporation
        11.4.1 Panasonic Corporation: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
    11.5 SK Innovation CO., Ltd.
        11.5.1 SK Innovation CO., Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
    11.6 Hitachi, Ltd.
        11.6.1 Hitachi, Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
    11.7 Electrovaya Inc.
        11.7.1 Electrovaya Inc.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
    11.8 MOLICEL (E-One Moli Energy Corp.)
        11.8.1 MOLICEL (E-One Moli Energy Corp.): Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
    11.9 BYD Company Ltd.
        11.9.1 BYD Company Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
    11.10 Robert Bosch GmbH
        11.10.1 Robert Bosch GmbH: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)

List of Figures 
FIG. 1 Global Electric Vehicles Batteries Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Global Electric Vehicles Batteries Market, By Type, 2019 (US$ Mn)
FIG. 4 Global Electric Vehicles Batteries Market, By Vehicle Type, 2019 (US$ Mn)
FIG. 5 Global Electric Vehicles Batteries Market, By Geography, 2019 (US$ Mn)
FIG. 6 Global Electric Vehicles Batteries Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
FIG. 7 Attractive Investment Proposition
FIG. 8 Market Positioning of Key Electric Vehicles Batteries Providers, 2019
FIG. 9 Global Electric Vehicles Batteries Market Value Share, By Type, 2019 & 2028 (% Value)
FIG. 10 Global Lithium-Ion Batteries Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 1 Global Nickel-Metal Hydride Batteries Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 2 Global Lead-Acid Batteries Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 3 Global Ultracapacitors Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 4 Global Electric Vehicles Batteries Market Value Share, By Vehicle Type, 2019 & 2028 (% Value)
FIG. 5 Global Electric Vehicles Batteries Market Value for Passenger Cars, 2018 – 2028, (US$ Mn)
FIG. 6 Global Electric Vehicles Batteries Market Value for Utility Vehicles, 2018 – 2028, (US$ Mn)
FIG. 7 Global Electric Vehicles Batteries Market Value for Golf Carts, 2018 – 2028, (US$ Mn)
FIG. 8 Global Electric Vehicles Batteries Market Value for E-bikes, 2018 – 2028, (US$ Mn)
FIG. 9 U.S. Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 10 Canada Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 11 UK Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 12 Germany Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 13 France Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 14 Rest of Europe Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 15 China Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 16 Japan Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 17 India Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 18 Rest of Asia Pacific Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 19 Mexico Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 20 Brazil Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 21 Rest of Latin America Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 22 GCC Countries Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 23 South Africa Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)
FIG. 24 Rest of MEA Electric Vehicles Batteries Market Value, 2018 – 2028, (US$ Mn)


List of Tables
TABLE 1 Market Snapshot: Global Electric Vehicles Batteries Market
TABLE 2 Impact Pointers
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Electric Vehicles Batteries Market Value, By Type, 2018 – 2028
TABLE 5 North America Electric Vehicles Batteries Market Value, By Vehicle Type, 2018 – 2028
TABLE 6 North America Electric Vehicles Batteries Market Value, By Country, 2018 – 2028
TABLE 7 Europe Electric Vehicles Batteries Market Value, By Type, 2018 – 2028
TABLE 8 Europe Electric Vehicles Batteries Market Value, By Vehicle Type, 2018 – 2028
TABLE 9 Europe Electric Vehicles Batteries Market Value, By Country, 2018 – 2028
TABLE 10 Asia Pacific Electric Vehicles Batteries Market Value, By Type, 2018 – 2028
TABLE 11 Asia Pacific Electric Vehicles Batteries Market Value, By Vehicle Type, 2018 – 2028
TABLE 12 Asia Pacific Electric Vehicles Batteries Market Value, By Country, 2018 – 2028
TABLE 13 Latin America Electric Vehicles Batteries Market Value, By Type, 2018 – 2028
TABLE 14 Latin America Electric Vehicles Batteries Market Value, By Vehicle Type, 2018 – 2028
TABLE 15 Latin America Electric Vehicles Batteries Market Value, By Country, 2018 – 2028
TABLE 16 MEA Electric Vehicles Batteries Market Value, By Type, 2018 – 2028
TABLE 17 MEA Electric Vehicles Batteries Market Value, By Vehicle Type, 2018 – 2028
TABLE 18 MEA Electric Vehicles Batteries Market Value, By Country, 2018 – 2028
TABLE 19 Leclanché SA: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
TABLE 20 LG Chem, Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
TABLE 21 Samsung Electronics Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
TABLE 22 Panasonic Corporation: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
TABLE 23 SK Innovation CO., Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
TABLE 24 Hitachi, Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
TABLE 25 Electrovaya Inc.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
TABLE 26 MOLICEL (E-One Moli Energy Corp.): Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
TABLE 27 BYD Company Ltd.: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
TABLE 28 Robert Bosch GmbH: Company Snapshot (Company Details, Geographical Presence, Type Portfolio, Recent News and Announcements)
No Methodology
No Available