Electric Vehicle Battery Market Growth Rate, Drivers, Volume and Forecast Report

1. Hybrid and Electric Vehicle Battery Market Size, Key Vendors, Growth Rate, Drivers, Volume and Forecast Report 1 ©P&SIntelligence.Allrightsreserved

2. Owing to the rapid development of charging infrastructure for electric vehicles (EVs) and advancements in the lithium-ion (Li-ion) battery technology, the electric vehicle battery market is projected to witness significant growth in the near future. This growth will be, most importantly, a result of the large-scale adoption of hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs). The high incentives being offered on the adoption of EVs, along with the implementation of stringent emission norms, will lead to the increasing use of HEVs and BEVs. A report by the International Energy Agency (IEA) states that government policies will continue to support the growth of the EV industry. As of July 2020, plans to achieve the 100% deployment of zero-emission vehicles and the phase-out of internal-combustion-engine (ICE) vehicles by 2050 have been announced by 17 countries. Additionally, the government subsidies offered by China, Italy, and Germany have been increasing the demand for EVs. As a result, “The 2.1 million electric car sales in 2019 represent a 6% growth from the previous year.”, says the IEA. Request to Get the Sample Report@ https://www.psmarketresearch.com/market- analysis/hybrid-and-electric-vehicle-battery-market/report-sample The electric vehicle battery market growth will be driven by the Asia-Pacific region during the forecast period. APAC will generate the maximum revenue because of the presence of numerous battery producers in South Korea, Japan, and China. Due to an abundant supply, the batteries produced in the APAC region are priced lower than the ones manufactured in other regions. The large-scale manufacturing is a result of the availability of raw materials, especially lithium, in high volumes. This region will thus contribute the most to the growth of the market in the future. The current trend of the wide scale adoption of all kinds of EVs is the reason behind the high- volume production and sales of these batteries. Multiple varieties of EV batteries will be developed in the years to come, to keep up with the improving vehicle technology. Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=hybrid-and-electric-vehicle-battery-market Global Hybrid and Electric Vehicle BatteryMarket By Application – Hybrid Electric Vehicle (HEV), Plugin Hybrid Electric Vehicle (P- HEV), and Electric Vehicle (EV) By Type – Nickel–Metal Hydride (NiMH), and Lithium-ion Battery (LIB) By Geography – North America, Europe, Asia-Pacific, and Rest of the World Global Hybrid and Electric Vehicle BatteryMarket, by Geography North America Hybrid and Electric Vehicle Battery Market By Country – U.S., Canada, and Mexico

3. By Application By Type Europe Hybrid and Electric Vehicle Battery Market By Country – U.K., Germany, France, and Rest of Europe By Application By Type Asia-Pacific Hybrid and Electric Vehicle Battery Market By Country – China, Japan, Rest of Asia-Pacific By Application By Type Rest of the World (RoW) Hybrid and Electric Vehicle Battery Market By Country – Brazil, and Rest of RoW By Application By Type This study covers Historical and the present size of the hybrid and electric vehicle market Major factors driving the market and their impact during the short, medium, and long terms Market restraints and their impact during the short, medium, and long terms Recent trends and evolving opportunities for the market participants Historical and the present size of the market segments and understand their comparative future potential Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders Major players operating in the market and their service offerings Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved

4. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd.

5. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved