Global EV Li-ion Battery Market 2018-2022
About EV Li-ion Battery
Batteries are one of the most important components of electric vehicles (EVs). They account for the majority of the manufacturing cost. Lithium-ion batteries are mostly used in EVs because of their high energy density and charge retention capacity and low maintenance. These features make these batteries ideal for use in EVs.
Technavio’s analysts forecast the global EV li-ion battery market to grow at a CAGR of 21.5% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global EV li-ion battery market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
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