Lithium-ion (Liion) Batteries
in Hybrid and Electric Vehicles Market
Lithium-ion (Li-ion) Batteries in Hybrid and Electric Vehicles Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Lithium-ion (Li-ion) Batteries in Hybrid and Electric
Vehicles Market Size and Growth
The Lithium-ion battery market in hybrid and electric vehicles is rapidly expanding, driven by increasing demand for sustainable transportation solutions. The market size is projected to reach approximately $70 billion by 2030, fueled by technological advancements, government incentives, and rising consumer awareness of environmental issues. Competitive dynamics are intensifying, shaping future innovations.
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Companies Covered
(Covid 19 Impact Covered)
◍ Samsung SDI
◍ Panasonic Corporation
◍ China Aviation Lithium Battery
The Lithium-ion battery market for hybrid and electric vehicles features major players like Samsung SDI, Panasonic, LG Chem, and BYD, driving innovation and production capacity. These companies enhance market growth through advancements in energy density and cost reduction:
◍ Automotive Energy Supply Corporation
◍ Amperex Technology Limited (ATL)
◍ Boston-Power
◍ Quallion
◍ LG Chem
◍ Johnson Controls
◍ Zhejiang Tianneng Energy Technology,
◍ Wanxiang Group
◍ Tianjin Lishen Battery Joint-Stock
◍ SK Innovation
◍ Shenzhen Bak Battery (China Bak)
◍ Hitachi Vehicle Energy
- LG Chem: $26 billion (2021)
- Panasonic: $70 billion (2021)
- BYD: $49 billion (2021)
◍ Hefei Guoxuan High-Tech Power Energy
◍ Harbin Coslight Power
◍ GS Yuasa International
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Market Segmentation
By Application
Pure Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Fuel Cell Vehicle (FCEV)
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By Product
144V
288V
Market Growth
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$ X Billion USD
