Global Electric Vehicle Power Li-ion Battery Market Growth 2025-2031

The global Electric Vehicle Power Li-ion Battery market size is predicted to grow from US$ 195110 million in 2025 to US$ 624610 million in 2031; it is expected to grow at a CAGR of 21.4% from 2025 to 2031.

Electric vehicles (EVs) use rechargeable batteries as their primary energy storage system. These batteries are a critical component of electric vehicles and play a significant role in determining the vehicles performance, range, and overall efficiency.

The market for electric vehicle power lithium-ion batteries is experiencing significant growth due to the increasing adoption of electric vehicles globally. Factors such as government incentives, environmental concerns, and advancements in battery technology are driving this growth. The demand for electric vehicles with longer driving ranges and faster charging capabilities contributes to the development of advanced Li-ion battery technologies. Key players in the market focus on research and development to enhance the performance, safety, and energy density of electric vehicle batteries.

LP Information, Inc. (LPI) ' newest research report, the “Electric Vehicle Power Li-ion Battery Industry Forecast” looks at past sales and reviews total world Electric Vehicle Power Li-ion Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Power Li-ion Battery sales for 2025 through 2031. With Electric Vehicle Power Li-ion Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Power Li-ion Battery industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicle Power Li-ion Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vehicle Power Li-ion Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Vehicle Power Li-ion Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Power Li-ion Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle Power Li-ion Battery.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Power Li-ion Battery market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
LFP Battery
NCx Batteries
Others

Segmentation by Application:
BEV
PHEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
CATL
LG Energy Solution
BYD
Panasonic
Samsung SDI
SK On
Guoxuan High-tech
CALB Group
EVE Energy
Sunwoda
Farasis Energy
SVOLT Energy Technology
REPT BATTERO Energy
Tianjin EV Energies
Do-Fluoride New Materials

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Vehicle Power Li-ion Battery market?

What factors are driving Electric Vehicle Power Li-ion Battery market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Vehicle Power Li-ion Battery market opportunities vary by end market size?

How does Electric Vehicle Power Li-ion Battery break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.