China Electric Vehicle Battery Market Overview 2022-2027, Industry Size, Share, Trends and Forecast

According to the latest report by IMARC Group, titled “China Electric Vehicle Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The China electric vehicle battery market is expected to exhibit a CAGR of 25.4% during 2022-2027.

An electric vehicle battery is a rechargeable battery used to power the electric motor of a vehicle. It assists in reducing carbon emissions, mitigating fuel dependency, controlling maintenance costs, and producing high energy per unit mass as compared to traditionally used vehicle batteries.

Request Free Sample Report: https://www.imarcgroup.com/china-electric-vehicle-battery-market/requestsample

Market Trends:

Increasing sales of hybrid and electric vehicles (H/EVs) represent one of the major factors positively influencing the demand for electric vehicle batteries in China. In addition, due to the rising environmental consciousness among individuals, governing authorities in the country are introducing stringent regulations to minimize carbon emissions. They are also investing in upgrading public charging infrastructures for EVs, which is further providing a thrust to the market growth in the country. Apart from this, the integration of the Internet of Things (IoT), wireless connectivity and vehicle telematics solutions for real-time monitoring of vehicles are offering lucrative growth opportunities to industry investors.

Breakup by Battery Type:

• Lead Acid Battery
• Lithium-Ion Battery
• Others

Breakup by Vehicle Type:

• Battery Electric Vehicles (BEV)
• Plug-in Hybrid Electric Vehicles (PHEV)
• Hybrid Electric Vehicles (HEV)

Breakup by Battery Capacity:

• <30 kWh
• 30-60 kWh
• >60 kWh

Competitive Landscape with Key Player:

• BMZ Group
• BYD Company Limited
• Contemporary Amperex Technology Co., Limited. (CATL)
• GS Yuasa International Ltd
• Lishen Battery
• Microvast
• OptimumNano Energy Co.,Ltd
• Panasonic Corporation
• Samsung SDI Co., Ltd
• Showa Denko Materials Co., Ltd.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/china-electric-vehicle-battery-market

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group