Growth in Production of Electric and Hybrid Electric Vehicles Expected to Drive Global EV Li-Ion Battery Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Electric vehicle lithium-ion battery or EV Li-Ion is a rechargeable battery that serves as the main power source of fuel in an electric vehicle. This lithium ion battery is considered as a standard battery for the latest generation battery-operated electric vehicles. It is lightweight, compact, has higher energy density, and provides large running capacity as compared to the other EV battery technologies, for instance nickel-metal hydride battery and lead-acid battery. EV Li-Ion batteries are quite quick that charges & discharges at high currents and can handle approximately hundreds of charge and discharge cycles. Growing focus on lowering carbon emissions from the fossil fuel-powered vehicles & policy measures for increased uptake of EV market will positively contribute to the growth of the Li-Ion battery market size throughout the forecast period. Some of the key benefits of EV Li-Ion include save space & weight, highly durable & reliable, boost life of the battery, improve charge & discharge performance, and curb the emission of lead in the environment. As per analysis, “Global EV Li-ion Battery Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global EV Li-ion battery market include Lithium Energy Japan (LEJ), SDI, A123, Li-Tec, Panasonic, Hitachi, LG Chemical, Johnson Matthey Battery Systems, AESC, Valence and among others. Based on category, EV Li-Ion battery market is segmented as LiNiMnCo (NMC) Battery, Lithium Ion Manganese Oxide Battery, Lithium-titanate Battery and Lithium Iron Phosphate Battery. In addition, based on end-use, market is segmented as battery electric vehicles, plug-in electric vehicles and hybrid electric vehicles. The battery electric vehicles segment dominates the global market owing to higher rate of adoption of lithium-ion battery in battery electric vehicles. Additionally, the hybrid electric vehicles segment is expected to witness higher growth rate as they utilize electric drive technology to deliver reduced fuel consumption and eliminate the dependence on the charging stations during the forecast period. The EV Li-ion battery market is driven by rise in production & sales of environment-friendly vehicles (electric and hybrid vehicles), followed by increase in governments’ support through incentives & tax credits on the purchase of electric vehicles and rapid surge in fuel price & increase in vehicular emission. However, High import taxes may impact the market. Moreover, environmental emission concerns are driving the production of EV, which in turn is likely to provide various opportunities to automotive battery manufacturers, particularly lithium-ion battery, in the near future. Based on geography, the Asia-Pacific is a leading region in global EV Li-Ion battery market owing to higher number of manufacturing plants of the Li-ion battery in the region, especially in China, Japan, and South Korea. The Europe and North-America regions are estimated to witness higher growth rate due to growth in production of electric & hybrid electric vehicles over the forecast period. It is predicted that future of the global EV Li-Ion battery market will be optimistic as a result of rise in demand for zero emission vehicles coupled with decline in EV lithium-ion battery cost during the forecast period. For More Information, refer to below link:- Global EV Li-ion Battery Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: A123 EV Li-ion Battery Market Shares, AESC EV Li-Ion Battery Market Sales, Africa EV Li-ion Battery Market, Argentina EV Li-ion Battery Market, Asia Pacific EV Li-ion Battery Market, Brazil EV Li-ion Battery Market, Canada EV Li-ion Battery Market, Chile EV Li-ion Battery Market, China EV Li-ion Battery Market, Columbia EV Li-ion Battery Market, Covid-19 Impact Global EV Li-ion Battery Industry, Covid-19 Impact Global EV Li-ion Battery Market, Europe EV Li-ion Battery Market, EV Li-ion Battery Industry In Global, EV Li-ion Battery Market In Global, France EV Li-ion Battery Market, Germany EV Li-ion Battery Market, Global EV Li-Ion Battery Hybrid Electric Vehicles Market, Global EV Li-ion Battery Industry, Global EV Li-ion Battery Industry Research Report, Global EV Li-ion Battery Market, Global EV Li-ion Battery Market Analysis, Global EV Li-ion Battery Market Competition, Global EV Li-ion Battery Market Forecast, Global EV Li-ion Battery Market Future Outlook, Global EV Li-ion Battery Market Growth, Global EV Li-ion Battery Market Major Players, Global EV Li-ion Battery Market Research Report, Global EV Li-ion Battery Market Revenue, Global EV Li-ion Battery Market Shares, Global EV Li-ion Battery Market Size, Global EV Li-ion Battery Market Trends, Global EV Li-Ion Battery Plug-In Electric Vehicles Market, Global Linimnco (NMC) Battery Market, Global Lithium Ion Manganese Oxide Battery Market, Global Lithium Iron Phosphate Battery Market, Global Lithium-Titanate Battery Market, Hitachi EV Li-ion Battery Market Shares, India EV Li-ion Battery Market, Industry Research Report Of Global EV Li-ion Battery, Italy Pacific EV Li-ion Battery Market, Japan EV Li-ion Battery Market, Johnson Matthey Battery Systems EV Li-ion Battery Market Sales, Korea EV Li-ion Battery Market, LG Chemical EV Li-Ion Battery Market Revenue, Li-Tec EV Li-Ion Battery Market Revenue, Lithium Energy Japan (LEJ) EV Li-ion Battery Market Shares, Market Research Report Of Global EV Li-ion Battery, Mexico EV Li-ion Battery Market, Middle East EV Li-ion Battery Market, Netherlands EV Li-ion Battery Market, North Africa EV Li-ion Battery Market, North America EV Li-ion Battery Market, Panasonic EV Li-Ion Battery Market Revenue, Peru EV Li-Ion Battery Market, Russia EV Li-ion Battery Market, SDI EV Li-Ion Battery Market Sales, South Africa EV Li-ion Battery Market, South America EV Li-ion Battery Market, Spain EV Li-ion Battery Market, Switzerland EV Li-ion Battery Market, Turkey EV Li-ion Battery Market, UK EV Li-ion Battery Market, United States EV Li-ion Battery Market, Valence EV Li-Ion Battery Market Revenue