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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 88.81 Billion

CAGR (2026-2031)

10.14%

Fastest Growing Segment

BEV

Largest Market

Asia Pacific

Market Size (2031)

USD 158.54 Billion

Market Overview

The Global Electric Vehicle Battery Market will grow from USD 88.81 Billion in 2025 to USD 158.54 Billion by 2031 at a 10.14% CAGR. Electric vehicle batteries are rechargeable energy storage devices designed to power the propulsion systems of electric and hybrid transport. The primary drivers supporting market growth include stringent government regulations on carbon emissions and substantial financial incentives that encourage the adoption of cleaner transportation alternatives. These regulatory frameworks compel automotive manufacturers to accelerate their transition from internal combustion engines to electrified powertrains effectively creating a sustained demand for advanced energy storage solutions.

According to the International Energy Agency, in 2024, global demand for electric vehicle batteries increased by over 25 percent to exceed 950 gigawatt hours. However, the sector faces a significant challenge regarding the volatility of raw material supply chains which could hinder production capabilities and delay further market expansion.

Key Market Drivers

The rapid expansion of global electric vehicle sales volumes serves as the fundamental catalyst propelling the battery industry forward. As consumer preference shifts toward sustainable mobility, automotive OEMs are ramping up production, creating a direct and proportional requirement for high-capacity energy storage units. This volume-driven growth is evident in recent registration data, which highlights the tightening correlation between vehicle rollout and battery consumption. According to the International Energy Agency, May 2025, in the 'Global EV Outlook 2025', global electric car sales increased to reach approximately 17 million units in 2024. This surge in vehicular demand forces battery manufacturers to scale operations rapidly to maintain supply continuity for major automotive platforms.

Concurrently, the strategic localization of battery supply chains and gigafactory investments is reshaping the market landscape by establishing regional manufacturing hubs. Governments and private entities are directing massive capital into domestic facilities to mitigate geopolitical risks and reduce logistical overheads associated with importing heavy battery packs. According to the U.S. Department of Energy, January 2025, in the 'Notice of Intent to Fund New Round of Battery Materials Processing and Manufacturing Grants', the department announced availability of approximately $725 million to bolster domestic supply chains. Such financial injections are critical for expanding installed capacity to meet regional needs. According to the China Automotive Battery Innovation Alliance, in 2025, the cumulative power battery installations in China reached 548.4 GWh for the previous year, underscoring the massive scale of localized deployment required to support the electrifying transport sector.

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Key Market Challenges

The volatility of raw material supply chains serves as a formidable barrier to the Global Electric Vehicle Battery Market, primarily by introducing unpredictability into the manufacturing cost structure. Manufacturers rely on stable pricing for critical minerals such as lithium, cobalt, and nickel to forecast expenses and set competitive vehicle prices. However, erratic fluctuations in material costs force automotive companies to constantly readjust financial planning, often resulting in delayed production schedules and hesitated capital investment. This uncertainty directly hinders the ability of the industry to scale operations efficiently, as producers are unable to guarantee consistent output volumes or affordable pricing for end consumers.

This challenge is intensified by the extreme geographic concentration of the supply network, which creates severe bottlenecks that impede global market expansion. According to the Alliance for Automotive Innovation, in 2024, China controlled 85 percent of global lithium-ion battery cell production and 65 percent of lithium refining capacity. This significant imbalance means that local disruptions in one dominant region can trigger widespread supply shocks, effectively preventing automakers in other regions from securing the reliable components needed to meet growing demand.

Key Market Trends

The widespread adoption of Lithium Iron Phosphate (LFP) chemistry is fundamentally reshaping the market by prioritizing cost-efficiency and thermal safety over maximum energy density. Manufacturers are increasingly migrating to this cobalt-free cathode chemistry to lower production costs for mass-market vehicles and mitigate exposure to volatile nickel and cobalt prices. This structural shift is particularly evident in the entry-level and standard-range segments, where affordability is the primary determinant for consumer uptake. According to the International Energy Agency, May 2025, in the 'Global EV Outlook 2025', lithium-iron-phosphate batteries captured nearly 50 percent of the global electric vehicle battery market share in 2024, reflecting their growing dominance in the volume-driven automotive sector.

Concurrently, the transition toward solid-state battery technologies is accelerating to overcome the energy density and safety limitations of conventional liquid electrolyte systems. This next-generation architecture utilizes solid electrolytes to enable significantly higher driving ranges and reduced fire risks, prompting substantial venture capital flows aimed at scaling manufacturing capabilities from pilot lines to commercial volumes. This developmental momentum is underscored by recent investments in startups maturing these advanced chemistries for real-world deployment. According to PV Magazine, December 2025, in the article 'Amazon leads funding round for US silicon solid-state battery maker', Blue Current secured over $80 million in Series D financing to advance the commercialization of its silicon solid-state battery technology for mobility applications.

Segmental Insights

The Battery Electric Vehicle (BEV) segment currently stands as the fastest-growing category in the global electric vehicle battery market, driven by stringent government mandates aiming for zero-emission transportation. Authorities such as the European Union have enforced regulations to phase out internal combustion engines, compelling automotive manufacturers to transition production lines toward fully electric architectures rather than hybrid alternatives. This shift significantly increases the demand for high-capacity battery packs essential for long-range performance. Consequently, the industry is witnessing a focused expansion in BEV battery development to satisfy these regulatory requirements and rising consumer adoption.

Regional Insights

Asia Pacific leads the Global Electric Vehicle Battery Market primarily due to its fully integrated supply chains and robust government incentives. The region hosts major manufacturers in China, South Korea, and Japan that control critical raw materials and production processes. This dominance is supported by strategic industrial policies, such as the development plans from China’s Ministry of Industry and Information Technology, which foster rapid capacity expansion and technical standardization. Consequently, the region achieves high production volumes and efficiencies that create significant barriers to entry for competitors in other global markets.

Recent Developments

  • In December 2025, Contemporary Amperex Technology Co., Limited (CATL) signed a ten-year strategic cooperation agreement with Voyah Automobile to deepen their partnership in the electric vehicle battery sector. Under this agreement, the battery manufacturer committed to prioritizing the supply of its advanced battery technologies, including the Qilin and Shenxing batteries, to the automaker. The collaboration also encompassed joint efforts in battery swapping systems, intelligent chassis platforms, and vehicle-to-grid technologies. Both parties aimed to establish battery production capacity near the automaker's manufacturing facilities to ensure a stable supply chain and support global market expansion.
  • In October 2024, Contemporary Amperex Technology Co., Limited (CATL) launched the Freevoy Super Hybrid Battery, described as the world's first hybrid vehicle battery to achieve a pure electric range of over 400 kilometers. The new battery featured 4C superfast charging capabilities, allowing for a range of over 280 kilometers with just 10 minutes of charging. This product was designed to address common challenges in plug-in hybrid and extended-range electric vehicles, such as short range and slow charging. The company incorporated sodium-ion battery technology innovations to enhance low-temperature performance and overall efficiency for sustainable travel.
  • In October 2024, Samsung SDI showcased its latest battery technologies, including all-solid-state batteries, at the Daegu International Future Auto & Mobility Expo (DIFA). The company displayed its roadmap to mass-produce solid-state batteries with an industry-leading energy density of 900Wh/L by 2027. It also presented other innovations such as 46-phi cylindrical batteries and cobalt-free lithium iron phosphate (LFP)+ batteries designed for commercial vehicles. The exhibition highlighted the corporation's commitment to leading the future mobility market through its 'super gap' technological competitiveness and advanced product lineup.
  • In April 2024, the BMW Group and Rimac Technology officially announced a long-term strategic partnership to co-develop and co-produce high-voltage battery technology for selected battery-electric vehicles. The collaboration aimed to leverage the supplier's expertise in electrification to create innovative solutions for future vehicle models. Rimac Technology planned to establish sophisticated automated battery production lines at its campus near Zagreb, Croatia, dedicating a significant portion of the facility to this project. This agreement marked a pivotal transition for the company from a niche high-performance supplier to a high-volume Tier 1 supplier for the global automotive industry.

Key Market Players

  • BYD Motors Inc.
  • Daimler Truck AG
  • AB Volvo
  • Scania & MAN
  • Zhengzhou Yutong Bus Co. Ltd
  • Ford Motor Company
  • Tesla Inc.
  • Proterra Inc.
  • Rivian Automotive Inc.
  • Tata Motors Limited

By Vehicle Type

By Propulsion Type

By Battery Type

By Battery Capacity

By Demand Category

By Region

  • Passenger Car
  • Light Commercial Vehicle
  • Medium & Heavy Commercial Vehicle
  • Two-Wheeler
  • BEV
  • PHEV
  • HEV
  • FCEV
  • Lithium-Ion
  • Lead-Acid
  • Others
  • <51 KWh
  • 51-100 KWh
  • 101-200 KWh
  • 201-300 KWh
  • >300 KWh
  • OEM
  • Replacement
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Electric Vehicle Battery Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Electric Vehicle Battery Market, By Vehicle Type:
  • Passenger Car
  • Light Commercial Vehicle
  • Medium & Heavy Commercial Vehicle
  • Two-Wheeler
  • Electric Vehicle Battery Market, By Propulsion Type:
  • BEV
  • PHEV
  • HEV
  • FCEV
  • Electric Vehicle Battery Market, By Battery Type:
  • Lithium-Ion
  • Lead-Acid
  • Others
  • Electric Vehicle Battery Market, By Battery Capacity:
  • <51 KWh
  • 51-100 KWh
  • 101-200 KWh
  • 201-300 KWh
  • >300 KWh
  • Electric Vehicle Battery Market, By Demand Category:
  • OEM
  • Replacement
  • Electric Vehicle Battery Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Electric Vehicle Battery Market.

Available Customizations:

Global Electric Vehicle Battery Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Electric Vehicle Battery Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Electric Vehicle Battery Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler)

5.2.2.  By Propulsion Type (BEV, PHEV, HEV, FCEV)

5.2.3.  By Battery Type (Lithium-Ion, Lead-Acid, Others)

5.2.4.  By Battery Capacity (<51 KWh, 51-100 KWh, 101-200 KWh, 201-300 KWh, >300 KWh)

5.2.5.  By Demand Category (OEM, Replacement)

5.2.6.  By Region

5.2.7.  By Company (2025)

5.3.  Market Map

6.    North America Electric Vehicle Battery Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Vehicle Type

6.2.2.  By Propulsion Type

6.2.3.  By Battery Type

6.2.4.  By Battery Capacity

6.2.5.  By Demand Category

6.2.6.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Electric Vehicle Battery Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Vehicle Type

6.3.1.2.2.  By Propulsion Type

6.3.1.2.3.  By Battery Type

6.3.1.2.4.  By Battery Capacity

6.3.1.2.5.  By Demand Category

6.3.2.    Canada Electric Vehicle Battery Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Vehicle Type

6.3.2.2.2.  By Propulsion Type

6.3.2.2.3.  By Battery Type

6.3.2.2.4.  By Battery Capacity

6.3.2.2.5.  By Demand Category

6.3.3.    Mexico Electric Vehicle Battery Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Vehicle Type

6.3.3.2.2.  By Propulsion Type

6.3.3.2.3.  By Battery Type

6.3.3.2.4.  By Battery Capacity

6.3.3.2.5.  By Demand Category

7.    Europe Electric Vehicle Battery Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Vehicle Type

7.2.2.  By Propulsion Type

7.2.3.  By Battery Type

7.2.4.  By Battery Capacity

7.2.5.  By Demand Category

7.2.6.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Electric Vehicle Battery Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Vehicle Type

7.3.1.2.2.  By Propulsion Type

7.3.1.2.3.  By Battery Type

7.3.1.2.4.  By Battery Capacity

7.3.1.2.5.  By Demand Category

7.3.2.    France Electric Vehicle Battery Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Vehicle Type

7.3.2.2.2.  By Propulsion Type

7.3.2.2.3.  By Battery Type

7.3.2.2.4.  By Battery Capacity

7.3.2.2.5.  By Demand Category

7.3.3.    United Kingdom Electric Vehicle Battery Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Vehicle Type

7.3.3.2.2.  By Propulsion Type

7.3.3.2.3.  By Battery Type

7.3.3.2.4.  By Battery Capacity

7.3.3.2.5.  By Demand Category

7.3.4.    Italy Electric Vehicle Battery Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Vehicle Type

7.3.4.2.2.  By Propulsion Type

7.3.4.2.3.  By Battery Type

7.3.4.2.4.  By Battery Capacity

7.3.4.2.5.  By Demand Category

7.3.5.    Spain Electric Vehicle Battery Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Vehicle Type

7.3.5.2.2.  By Propulsion Type

7.3.5.2.3.  By Battery Type

7.3.5.2.4.  By Battery Capacity

7.3.5.2.5.  By Demand Category

8.    Asia Pacific Electric Vehicle Battery Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Vehicle Type

8.2.2.  By Propulsion Type

8.2.3.  By Battery Type

8.2.4.  By Battery Capacity

8.2.5.  By Demand Category

8.2.6.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Electric Vehicle Battery Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Vehicle Type

8.3.1.2.2.  By Propulsion Type

8.3.1.2.3.  By Battery Type

8.3.1.2.4.  By Battery Capacity

8.3.1.2.5.  By Demand Category

8.3.2.    India Electric Vehicle Battery Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Vehicle Type

8.3.2.2.2.  By Propulsion Type

8.3.2.2.3.  By Battery Type

8.3.2.2.4.  By Battery Capacity

8.3.2.2.5.  By Demand Category

8.3.3.    Japan Electric Vehicle Battery Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Vehicle Type

8.3.3.2.2.  By Propulsion Type

8.3.3.2.3.  By Battery Type

8.3.3.2.4.  By Battery Capacity

8.3.3.2.5.  By Demand Category

8.3.4.    South Korea Electric Vehicle Battery Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Vehicle Type

8.3.4.2.2.  By Propulsion Type

8.3.4.2.3.  By Battery Type

8.3.4.2.4.  By Battery Capacity

8.3.4.2.5.  By Demand Category

8.3.5.    Australia Electric Vehicle Battery Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Vehicle Type

8.3.5.2.2.  By Propulsion Type

8.3.5.2.3.  By Battery Type

8.3.5.2.4.  By Battery Capacity

8.3.5.2.5.  By Demand Category

9.    Middle East & Africa Electric Vehicle Battery Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Vehicle Type

9.2.2.  By Propulsion Type

9.2.3.  By Battery Type

9.2.4.  By Battery Capacity

9.2.5.  By Demand Category

9.2.6.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Electric Vehicle Battery Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Vehicle Type

9.3.1.2.2.  By Propulsion Type

9.3.1.2.3.  By Battery Type

9.3.1.2.4.  By Battery Capacity

9.3.1.2.5.  By Demand Category

9.3.2.    UAE Electric Vehicle Battery Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Vehicle Type

9.3.2.2.2.  By Propulsion Type

9.3.2.2.3.  By Battery Type

9.3.2.2.4.  By Battery Capacity

9.3.2.2.5.  By Demand Category

9.3.3.    South Africa Electric Vehicle Battery Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Vehicle Type

9.3.3.2.2.  By Propulsion Type

9.3.3.2.3.  By Battery Type

9.3.3.2.4.  By Battery Capacity

9.3.3.2.5.  By Demand Category

10.    South America Electric Vehicle Battery Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Propulsion Type

10.2.3.  By Battery Type

10.2.4.  By Battery Capacity

10.2.5.  By Demand Category

10.2.6.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Electric Vehicle Battery Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Vehicle Type

10.3.1.2.2.  By Propulsion Type

10.3.1.2.3.  By Battery Type

10.3.1.2.4.  By Battery Capacity

10.3.1.2.5.  By Demand Category

10.3.2.    Colombia Electric Vehicle Battery Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Vehicle Type

10.3.2.2.2.  By Propulsion Type

10.3.2.2.3.  By Battery Type

10.3.2.2.4.  By Battery Capacity

10.3.2.2.5.  By Demand Category

10.3.3.    Argentina Electric Vehicle Battery Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Vehicle Type

10.3.3.2.2.  By Propulsion Type

10.3.3.2.3.  By Battery Type

10.3.3.2.4.  By Battery Capacity

10.3.3.2.5.  By Demand Category

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global Electric Vehicle Battery Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  BYD Motors Inc.

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  Daimler Truck AG

15.3.  AB Volvo

15.4.  Scania & MAN

15.5.  Zhengzhou Yutong Bus Co. Ltd

15.6.  Ford Motor Company

15.7.  Tesla Inc.

15.8.  Proterra Inc.

15.9.  Rivian Automotive Inc.

15.10.  Tata Motors Limited

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

Figure 1:           Global Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 2:           Global Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 3:           Global Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 4:           Global Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 5:           Global Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 6:           Global Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 7:           Global Electric Vehicle Battery Market Share, By Region, By Volume, 2017-2027F

Figure 8:           Global Electric Vehicle Battery Market Share, By Company, By Volume, 2021

Figure 9:           Global Electric Vehicle Battery Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 10:         Global Electric Vehicle Battery Market Map, By Propulsion Type, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 11:         Global Electric Vehicle Battery Market Map, By Battery Type, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 12:         Global Electric Vehicle Battery Market Map, By Battery Capacity, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 13:         Global Electric Vehicle Battery Market Map, By Demand Category, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 14:         Global Electric Vehicle Battery Market Map, By Region, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 15:         Asia-Pacific Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 16:         Asia-Pacific Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 17:         Asia-Pacific Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 18:         Asia-Pacific Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 19:         Asia-Pacific Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 20:         Asia-Pacific Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 21:         Asia-Pacific Electric Vehicle Battery Market Share, By Country, By Volume, 2017-2027F

Figure 22:         Asia-Pacific Electric Vehicle Battery Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 23:         Asia-Pacific Electric Vehicle Battery Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 24:         China Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 25:         China Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 26:         China Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 27:         China Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 28:         China Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 29:         China Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 30:         Japan Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 31:         Japan Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 32:         Japan Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 33:         Japan Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 34:         Japan Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 35:         Japan Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 36:         South Korea Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 37:         South Korea Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 38:         South Korea Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 39:         South Korea Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 40:         South Korea Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 41:         South Korea Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 42:         India Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 43:         India Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 44:         India Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 45:         India Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 46:         India Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 47:         India Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 48:         Europe Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 49:         Europe Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 50:         Europe Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 51:         Europe Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 52:         Europe Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 53:         Europe Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 54:         Europe Electric Vehicle Battery Market Share, By Country, By Volume, 2017-2027F

Figure 55:         Europe Electric Vehicle Battery Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 56:         Europe Electric Vehicle Battery Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 57:         Germany Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 58:         Germany Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 59:         Germany Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 60:         Germany Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 61:         Germany Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 62:         Germany Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 63:         United Kingdom Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 64:         United Kingdom Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 65:         United Kingdom Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 66:         United Kingdom Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 67:         United Kingdom Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 68:         United Kingdom Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 69:         France Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 70:         France Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 71:         France Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 72:         France Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 73:         France Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 74:         France Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 75:         Spain Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 76:         Spain Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 77:         Spain Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 78:         Spain Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 79:         Spain Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 80:         Spain Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 81:         Sweden Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 82:         Sweden Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 83:         Sweden Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 84:         Sweden Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 85:         Sweden Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 86:         Sweden Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 87:         Netherland Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 88:         Netherland Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 89:         Netherland Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 90:         Netherland Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 91:         Netherland Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 92:         Netherland Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 93:         Austria Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 94:         Austria Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 95:         Austria Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 96:         Austria Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 97:         Austria Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 98:         Austria Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 99:         Slovakia Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 100:        Slovakia Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 101:        Slovakia Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 102:        Slovakia Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 103:        Slovakia Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 104:        Slovakia Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 105:        North America Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 106:        North America Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 107:        North America Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 108:        North America Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 109:        North America Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 110:        North America Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 111:        North America Electric Vehicle Battery Market Share, By Country, By Volume, 2017-2027F

Figure 112:        North America Electric Vehicle Battery Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 113:        North America Electric Vehicle Battery Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%), 2021

Figure 114:        United States Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 115:        United States Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 116:        United States Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 117:        United States Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 118:        United States Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 119:        United States Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 120:        Canada Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 121:        Canada Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 122:        Canada Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 123:        Canada Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 124:        Canada Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 125:        Canada Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F

Figure 126:        Mexico Electric Vehicle Battery Market Size, By Value (USD Million) & By Volume (Thousand Units), 2017-2027F

Figure 127:        Mexico Electric Vehicle Battery Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 128:        Mexico Electric Vehicle Battery Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 129:        Mexico Electric Vehicle Battery Market Share, By Battery Type, By Volume, 2017-2027F

Figure 130:        Mexico Electric Vehicle Battery Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 131:        Mexico Electric Vehicle Battery Market Share, By Demand Category, By Volume, 2017-2027F
Frequently asked questions

Frequently asked questions

The market size of the Global Electric Vehicle Battery Market was estimated to be USD 88.81 Billion in 2025.

Asia Pacific is the dominating region in the Global Electric Vehicle Battery Market.

BEV segment is the fastest growing segment in the Global Electric Vehicle Battery Market.

The Global Electric Vehicle Battery Market is expected to grow at 10.14% between 2026 to 2031.

Related Reports

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