Global Electric Vehicle Battery Manufacturing Market Report 2022: Local Raw Material Sourcing and Supply Contracts with Regional Manufacturers Offer Logistical Advantages and Optimized Growth Strategies

DUBLIN, July 28, 2022 /PRNewswire/ — The report “Global Electric Vehicle Battery Manufacturer Profiles and Growth Opportunities” has been added to from ResearchAndMarkets.com offer

Research and Markets

Six battery manufacturers dominate the global electric vehicle battery market: BYD, CATL, LG Chem, Panasonic, Samsung SDI and SK Innovation. They accounted for around 87% of the global installed battery capacity in 2020 and 2021.

Auto sales in 2021 continued the seismic shift towards electric vehicles (EVs) that began in 2020, defying even the most optimistic estimates, with global EV sales growing more than 100% year-over-year. other (YoY) with nearly 6.7 million units sold to reach 8.9% penetration in the passenger car market.

China and Europe led the way, closely followed by United States. The rapid growth of electric vehicles has sent shockwaves throughout the lithium-ion (Li-ion) battery industry, alerting established and new battery manufacturers to the incoming demand. The EV battery market is expected to reach $100 billion in value by 2025.

Of the 6.7 million EVs sold in 2021, 70% were battery electric vehicles (BEVs). BEV sales grew from 2.1 million in 2020 to over 4.5 million in 2021, reaching a growth rate of 114% year-on-year. This figure reflects the jump in battery demand and the expected growth trajectory. Electric vehicles primarily use Li-ion batteries with varying amounts of cathode elements, such as nickel, cobalt, aluminum, and manganese.

Cobalt is a scarce resource from conflict regions, and battery manufacturers are actively moving away from these chemicals. Lithium iron phosphate batteries have shown the highest potential in terms of cost, performance and safety and use cathode materials available in abundance. Sodium is another alternative cathode chemistry that battery manufacturers are exploring.

Safety is a key consideration in EV batteries. Unlike fuel for internal combustion engine vehicles, batteries and battery packs for electric vehicles are not one-size-fits-all solutions.

Batteries and Battery Management Systems (BMS) are customized based on a variety of factors including EV platform, vehicle model specifications, and regional weather. Any mistakes during production or quality assurance checks can lead to defective batteries or battery packs, leading to disastrous mass recalls affecting thousands of electric vehicles.

The study also includes a SWOT analysis of each battery manufacturer before concluding with a discussion of the key growth opportunities in the global electric vehicle battery market.

This study profiles these leading battery manufacturers, highlighting their:

  • Global network and production capacity

  • Installed capacity for 2020 and 2021

  • Product portfolio: Cells, chemicals, packs and BMS

  • Growth strategy

  • Automotive partners and best-selling electric vehicle models

  • Latest company news: expansion roadmap, R&D, partnerships, supply contracts and battery recycling initiatives

Main topics covered:

1. Strategic imperatives

  • Why is it increasingly difficult to grow taller?

  • The strategic imperative

  • The impact of the top 3 strategic imperatives on the electric vehicle battery industry

  • Growth opportunities fuel the growth pipeline engine

2. Scope of research

3. Company Profile – BYD

  • Company presentation

  • Product portfolio

  • Annual battery installation

  • OEM partners and main models

  • Strategic Orientation – Vertical Integration

  • Investments, partnerships and R&D

  • SWOT analysis

4. Company Profile – CATL

  • Company presentation

  • Product portfolio

  • Annual battery installation

  • OEM partners and main models

  • Strategic Orientation – Consolidation

  • Investments, partnerships and R&D

  • SWOT analysis

5. Company Profile – LG Chem

  • Company presentation

  • Product portfolio

  • Annual battery installation

  • OEM partners and main models

  • Strategic Orientation – Consolidation

  • Investments, partnerships and R&D

  • SWOT analysis

6. Company Profile – Panasonic

  • Company presentation

  • Product portfolio

  • Annual battery installation

  • OEM partners and main models

  • Strategic orientation – Diversification and R&D

  • Investments, partnerships and R&D

  • SWOT analysis

7. Company Profile – Samsung SDI

  • Company presentation

  • Product portfolio

  • Annual battery installation

  • OEM partners and main models

  • Strategic orientation – Internal collaboration

  • Investments, partnerships and R&D

  • SWOT analysis

8. Company Profile – SK Innovation

  • Company presentation

  • Product portfolio

  • Annual battery installation

  • OEM partners and main models

  • Strategic Orientation – Expansion

  • Investments, partnerships and R&D

  • SWOT analysis

9. Companies in the summary

  • SWOT Analysis Summary

  • Overall Vendor Rating

10. Universe of growth opportunities

  • Growth Opportunity 1 – Regional Gigafactories for a Global Supply Network

  • Growth Opportunity 2 – Recycling infrastructure for used electric vehicle batteries

  • Growth Opportunity 3 – Second Life and New Energy Applications

11. Next steps

For more information about this report visit https://www.researchandmarkets.com/r/otioky

Media Contact:
Research and Markets
Laura Woodsenior
press@researchandmarkets.com

For EST office hours, call +1-917-300-0470
For USA/CAN call toll free +1-800-526-8630
For GMT office hours call +353-1-416-8900

US Fax: 646-607-1907
Fax (outside the US): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

Quote

Quote

View original content: https://www.prnewswire.com/news-releases/global-electric-vehicle-battery-manufacturing-market-report-2022-local-raw-material-procurement-and-supply-contracts-with – regional-manufacturers-offer-logistics-advantages-and-optimized-growth-strategies-301595223.html

SOURCE Research and Markets

#Global #Electric #Vehicle #Battery #Manufacturing #Market #Report #Local #Raw #Material #Sourcing #Supply #Contracts #Regional #Manufacturers #Offer #Logistical #Advantages #Optimized #Growth #Strategies

Add Comment