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Governmental Support to Boost the Global Electric Vehicle Battery Market Growth

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Governmental Support to Boost the Global Electric Vehicle Battery Market Growth

November 08
16:45 2021
Governmental Support to Boost the Global Electric Vehicle Battery Market Growth
Electric Vehicle Battery Market
According to a new market research report launched by Inkwood Research, the Global Electric Vehicle Battery Market is expected to grow at a CAGR of 17.72% over the forecasting period from 2021 to 2028.

According to a new market research report launched by Inkwood Research, the Global Electric Vehicle Battery Market is expected to grow at a CAGR of 17.72% over the forecasting period from 2021 to 2028.

Browse 40 market data Tables and 46 Figures spread over more than 185+ Pages, along with in-depth analysis on Global Electric Vehicle Battery Market by Vehicle Type, Battery Type, End-User, & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Electric Vehicle Battery Market Scenario

Several governments are undertaking initiatives and offering subsidies to promote electric vehicles due to rising pollution levels and oil import expenditure. For instance, British Columbia recently launched a program to decrease greenhouse emissions significantly by 2050, under the 2016 Climate Leadership Program. Therefore, governmental support initiatives are expected to fuel the growth of the electric vehicle battery market to a large extent.

Furthermore, improvement in battery technology, in addition to surging electric vehicle sales, significantly supports the studied market’s progression globally. One of the factors supporting the rise in the adoption of electric vehicles is the surging environmental concerns across nations. In recent years, the sales of electric passenger cars have witnessed tremendous growth, especially within Europe.

Besides, many European countries have observed double-digit growth in EV sales, adding to the studied market’s growth. However, high charging time and safety concerns relating to the battery negatively impact the EV battery market.

The Global Electric Vehicle Battery Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Electric Vehicle Battery Market by Vehicle Type, Battery Type, End-User, & by Geography: https://inkwoodresearch.com/reports/electric-vehicle-battery-market/#request-free-sample

Market Segmentation

Market by Vehicle Type

  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug-In Hybrid Electric Vehicle

Market by Battery Type

  • Lead Acid
  • Nickel Metal Hydride
  • Lithium-Ion

Market by End-User

  • Commercial Vehicle
  • Passenger Car
  • Other

 

Report Highlights

– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities – Market forecasts till 2028, using estimated market values as the base numbers – Key market trends across the business segments, regions, and countries – Key developments and strategies observed in the market – Market dynamics such as drivers, restraints, opportunities, and other trends – In-depth company profiles of key players and upcoming prominent players – Growth prospects among the emerging nations through 2028

 

Companies Profiled

  • A123 SYSTEMS
  • BYD
  • CALB
  • CATL
  • ENVISION AESC
  • GS YUASA
  • LG ENSOL
  • LITHIUM ENERGY JAPAN
  • NORTHVOLT AB
  • PANASONIC
  • PRIME PLANET ENERGY SOLUTIONS
  • SAMSUNG SDI
  • SK INNOVATION
  • TOSHIBA CORPORATION
  • ULTIUM CELLS LLC
  • VEHICLE ENERGY JAPAN CO LTD

 

Related Reports

GLOBAL ELECTRIC VEHICLE MARKET – The global electric vehicle market is expected to grow at a CAGR of 22.18% over the forecast period 2020-2028.

GLOBAL ELECTRIC VEHICLE CHARGING SYSTEM MARKET – The global electric vehicle charging system market is anticipated to garner a CAGR of 46.66% during the forecasted period 2021-2028.

GLOBAL ELECTRIC VEHICLE ON-BOARD CHARGING MARKET – The global electric vehicle on-board charging market is to rise at a growth rate of 20.13% over the forecasting years 2021-2028.

Media Contact
Company Name: Inkwood Research
Contact Person: Arvind Iyer
Email: Send Email
Phone: 1-(857) 293-0150
Country: United States
Website: https://www.inkwoodresearch.com/

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