Electric Vehicle Battery Market - Top Companies and Manufacturers

Companies Dominating the EV Battery Landscape

Honda Motors Co, Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Panasonic Corporation
LG Energy Solution Ltd.
Contemporary Amperex Technology Co. Limited
Samsung SDI Co. Ltd.
BYD Company Ltd.
SK Innovations Co. Ltd.
SVOLT Energy Technology Co., Ltd.
Primearth EV Energy Co., Ltd.
Vehicle Energy Japan Inc.

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EV Battery Market Size & Share, Growth Outlook 2037

In the News

BYD Company Ltd. announced the launch of Blade Battery which help fix battery safety problems while simultaneously establishing industrywide safety requirements. In comparison to typical lithium iron phosphate block batteries, the battery pack's space utilization has enhanced by over 50% owing to its optimized battery pack construction.
Honda Motor Co., Ltd. announces the collaboration with LG Energy Solutions to launch a joint venture battery plant in Fayette County, Ohio. The new production facility will be ready by the end of 2024, by the end of 2025, the facility hopes to begin mass-producing pouch-type lithium-ion batteries with a production capacity of about 40GWh annually.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of electric vehicle battery is estimated at USD 166.26 billion.

The electric vehicle battery market size was valued at USD 148.34 billion in 2024 and is poised to cross USD 923.08 billion by the end of 2037, registering more than 15.1% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by rise in number of new EV models, rising pollution from vehicles, and technological advancement in electric battery.

Asia Pacific industry is estimated to account for largest revenue share 35% by 2037, owing to growing production of electric vehicles in the region.

The major players in the market are Honda Motors Co, Ltd., Panasonic Corporation, LG Energy Solution Ltd., Contemporary Amperex Technology Co. Limited, and others.

Electric Vehicle Battery Market - Top Companies and Manufacturers

Companies Dominating the EV Battery Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the electric vehicle battery market?

What are the factors driving the electric vehicle battery landscape?

Which region held the largest electric vehicle battery industry share?

Who are the key players in the electric vehicle battery sector?