Product ID: SQMIR25A2286
Europe EV Battery Market Size, Share, Growth Analysis, By Battery Type(Lithium-Ion, Lead-Acid), By Vehicle Type(Passenger Vehicles, Commercial Vehicles), By Propulsion(Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle), By Li-ion battery type(positive electrode, negative electrode), By method(wire bonding and laser bonding), By battery capacity(<50kWh, 50-110kWh), By material type(lithium, cobalt), By battery form(prismatic, cylindrical) - Industry Forecast 2024-2031
Report ID:
SQMIR25A2286 |
Region:
Regional |
Published Date: February, 2024
Pages:
231
|
Tables:
226 |
Figures:
81
Europe EV Battery Market Regional Insights
Germany accounted for the largest market revenue share in Europe EV batteries market in 2021 and is projected to continue its dominance throughout the forecast period. This is simply attributed to the numerous gigafactories, which are planned to be installed during the forecast period. In addition, high adoption of e-mobility in the country coupled with the growing internet users are also propelling the market growth significantly.
Furthermore, France is projected to be the second fastest growing nation in European EV batteries market throughout the forecast period. An extensive rise in the automotive industry and increasing investments by various OEMs for the enhancement and development of EV batteries are likely to boost the market growth at a strong growth rate.
Europe EV Battery Market Report Snapshots
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