{"id":524520,"date":"2020-12-24T17:42:01","date_gmt":"2020-12-24T17:42:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=524520"},"modified":"2020-12-24T17:42:01","modified_gmt":"2020-12-24T17:42:01","slug":"covid-impact-on-global-electric-vehicle-battery-market-20192025","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/covid-impact-on-global-electric-vehicle-battery-market-20192025_524520.html","title":{"rendered":"COVID Impact On Global Electric Vehicle Battery Market 2019-2025"},"content":{"rendered":"<div style=\"float:right;  width:250px; padding:8px 10px 10px 10px;\"><a href=\"https:\/\/www.abnewswire.com\/uploads\/1608807131.png\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"COVID Impact On Global Electric Vehicle Battery Market 2019-2025\" src=\"https:\/\/www.abnewswire.com\/uploads\/1608807131.png\" alt=\"COVID Impact On Global Electric Vehicle Battery Market 2019-2025\" width=\"225\" height=\"225\" \/><\/a><\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">Electric Vehicles (EVs) accounted for 2.3% share of global passenger vehicle sales in 2018, the number went up to 2.4% in 2019 due to declining auto sales globally.<\/div>\n<ul style=\"text-align: justify;\">\n<li>By 2025, we believe the share can grow to as high as 8% of global auto sales(subject to change in future). The most important factor, deciding every EV growth forecast is the&nbsp;global electric vehicle battery capacity.<\/li>\n<li>Various NMC chemistries are being tested such as 811, 622 and 111 with the 1st digit being the parts of Nickel, 2nd Manganese and 3rd Cobalt.<\/li>\n<li>Batteries&nbsp;are&nbsp;the&nbsp;&ldquo;costliest&rdquo;&nbsp;element&nbsp;of&nbsp;a&nbsp;battery&nbsp;electric car,&nbsp;representing&nbsp;30-40%&nbsp;of&nbsp;the&nbsp;production&nbsp;price&nbsp;i.e. ~$10,000-$20,000 per car, depending on the vehicle segment and body type.&nbsp;<\/li>\n<li>Most of the electric vehicle battery manufacturers are trying to improve the energy density (Wh\/kg)-the global average is 250Wh\/kg at present) in immediate future to further increase range (miles driven per charge).<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>Tesla which has 17% share of global BEV market, has struggled to deliver more of Model -3s because it has not been able to reach the target battery capacity of 35Gwh and is currently churning out just 24Gwh per annum.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Download sample-&nbsp;&nbsp; <a rel=\"nofollow\" href=\"https:\/\/mobilityforesights.com\/product\/global-electric-vehicle-battery-market\/\">https:\/\/mobilityforesights.com\/product\/global-electric-vehicle-battery-market\/<\/a><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>&nbsp;<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>CATL with the highest electric vehicle battery market share globally, claims to have reached levels of 304Wh\/kg as of June 2019, whereas BYD and Tesla are still in the range of 240-260Wh\/kg.<\/li>\n<li>VW(world`s &nbsp;biggest car manufacturer with 10.8M units sold in 2018) &nbsp;has plans to produce 1 million BEVs by 2025, if that holds true,VW alone would require battery capacity of 150 Gwh per annum.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Download sample-&nbsp;&nbsp;&nbsp;<a rel=\"nofollow\" href=\"https:\/\/mobilityforesights.com\/product\/global-electric-vehicle-battery-market\/\">https:\/\/mobilityforesights.com\/product\/global-electric-vehicle-battery-market\/<\/a><\/strong><\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"text-decoration: underline;\">COMPANY PROFILES<\/span><\/strong><\/p>\n<ol style=\"text-align: justify;\">\n<li><span><span><span>LG Chem, Ltd<\/span><\/span><\/span><\/li>\n<li><span><span>Contemporary Amperex Technology Co. Ltd (CATL)<\/span><\/span><\/li>\n<li><span><span>SK Innovation&nbsp;Co., Ltd<\/span><\/span><\/li>\n<li><span><span>Panasonic Corporation<\/span><\/span><\/li>\n<li><span><span><span>BYD Company Limited<\/span><\/span><\/span><\/li>\n<li><span>Tianjin Lishen Battery Joint-Stock Co., Ltd<\/span><\/li>\n<li><span><span>Samsung SDI Co., Ltd<\/span><\/span><\/li>\n<li><span>Guoxuan High-Tech&nbsp;Co., Ltd<\/span><\/li>\n<li><span><span>Microvast&nbsp;Power Systems Co. Ltd<\/span><\/span><\/li>\n<li><span>Envision Group&nbsp;<\/span><\/li>\n<li><span>Automotive Energy Supply Corporation<\/span><\/li>\n<li><span>Funeng&nbsp;Industrial (Ganzhou)&nbsp;Co.,&nbsp;Ltd<\/span><\/li>\n<\/ol>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>THIS&nbsp;<span>GLOBAL ELECTRIC VEHICLE BATTERY MARKET&nbsp;<\/span>REPORT WILL ANSWER FOLLOWING QUESTIONS<\/strong><\/p>\n<ol style=\"text-align: justify;\">\n<li>Electric Vehicle Battery Market&nbsp;size and Forecast , by region, by application<\/li>\n<li>Average B-2-B price for Electric Vehicle Battery Market, by region, per user<\/li>\n<li>Technology trends and related opportunity for new&nbsp;Electric Vehicle Battery Market tech suppliers<\/li>\n<li>Market share of leading vendors, by region,<\/li>\n<li>Coronavirus impact on&nbsp;Electric Vehicle Battery Market earnings<\/li>\n<\/ol>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/mobilityforesights.com_52455.html\" rel=\"nofollow\">Mobility Foresights<\/a><br \/><strong>Contact Person:<\/strong> Kunal Roy<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=covid-impact-on-global-electric-vehicle-battery-market-20192025\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> +1-315-675-4056<br \/><strong>Address:<\/strong>P3 &#038; P4, HAL 3rd Stage  204,56\/2<br \/><strong>City:<\/strong> Bangalore<br \/><strong>State:<\/strong> Karnataka<br \/><strong>Country:<\/strong> India<br \/><strong>Website:<\/strong> <a href=\"https:\/\/mobilityforesights.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/mobilityforesights.com\/<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/mobilityforesights.com\/\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=covid-impact-on-global-electric-vehicle-battery-market-20192025\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric Vehicles (EVs) accounted for 2.3% share of global passenger vehicle sales in 2018, the number went up to 2.4% in 2019 due to declining auto sales globally. By 2025, we believe the share can grow to as high as &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/covid-impact-on-global-electric-vehicle-battery-market-20192025_524520.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[407,408,410,411,415],"tags":[],"class_list":["post-524520","post","type-post","status-publish","format-standard","hentry","category-Automotive","category-Electronics-Semiconductors","category-Manufacturing-Industry","category-Technology","category-Transportation-Logistics"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/524520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=524520"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/524520\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=524520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=524520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=524520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}