Demand for electric vehicles driven by sustainability concerns is one of the fundamental factors driving transformation in the global EV battery value chain. To stay competitive in the EV space, OEMs emphasize control over the supply chain, such as diversifying their sourcing strategy to reduce dependence on a particular region or country, pursuing R&D innovation, and extending partnerships to commercialize new battery chemistries, localize production to cut costs, and intensify focus on circular economy and sustainability.
The study examines various phases of the EV battery supply chain, discusses key stakeholders (OEMs/suppliers), and outlines current activities and future strategies, providing an outlook for different battery chemistries.
This report covers the following:
• Potential trends impacting the battery value chain
• Battery installation by cathode chemistry, regions, and stakeholders (OEMs/suppliers)
• Current status and the way forward for different battery value chain streams/phases
• Factors influencing China’s EV battery supply chain strategy
• OEM and supplier procurement approach and initiatives
• OEM strategies/efforts by battery value chain streams
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