

HEV Lithium-ion Battery Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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The HEV lithium-ion battery market is experiencing robust growth, driven by rising demand for hybrid electric vehicles and advancements in battery technology. The market is projected to reach approximately $22 billion by 2025. Key trends include increasing production efficiency, decreasing costs, and evolving regulatory frameworks supporting sustainable transportation solutions.
◍ A123 Systems
◍ Amperex
◍ Automotive Energy Supply Corporation
◍ BYD Company Limited
◍ Blue Energy
◍ Blue Solutions SA
◍ China Aviation Lithium Battery
◍ Deutsche Accumotive
◍ Electrovaya Inc
◍ EnerDel
◍ GS Yuasa International
◍ Harbin Coslight Power
The HEV lithium-ion battery market features key players like A123 Systems, BYD, LG Chem, and Panasonic, focusing on innovation and production efficiency. These companies enhance market growth through advanced technology development, strategic partnerships, and increasing production capacities, supporting the rise in electric vehicle adoption and sustainability goals.
- LG Chem: $21 billion (2020)
- Panasonic: $70 billion (2020, total revenue)
- BYD: $22 billion (2020)
- Samsung SDI: $21 billion (2020)
◍ Hefei Guoxuan High-Tech Power Energy
◍ Hitachi Vehicle Energy
◍ Johnson Controls
◍ Johnson Matthey Battery Systems
◍ LG Chem
◍ Li-Tec Battery Gmbh
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Full Hybrid
Mild Hybrid
Plug-in Hybrid
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Lithium Manganese Oxide
Lithium Iron Phosphate
Lithium Nickel Manganese Cobalt
Oxide
Lithium Nickel Cobalt Aluminum
Oxide
Lithium Titanate Oxide
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$ X Billion USD