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North America Electric Vehicle Battery Market
North America EV Battery Market by Type (Li-ion, Ni-MH, SLA, Ultracapacitor, Solid-state Batteries), Capacity (<50 kWh, 51-100 kWh, 101-300 kWh, >300 kWh), Bonding Type (Wire, Laser), Form, Application, End User, and Country - Forecast to 2028
Report ID:MRAUTO - 104531 Pages: 108 Mar-2022 Formats*: PDF Category: Automotive and Transportation Delivery: 2 to 4 HoursThe North America Electric Vehicle Battery Market is expected to reach a value of $22.79 billion by 2028, at a CAGR of 30.2% during the forecast period 2021-2028. Increasing investments by leading automotive OEMs for setting up battery manufacturing facilities in the region, increasing adoption of EVs, and decreasing battery prices are some of the major factors driving the growth of this market. Increasing investments in alternative battery technology provide significant growth opportunities for market players.
The Impact of COVID-19 on the North America EV Battery Market
The COVID-19 pandemic severely impacted several sectors, including the automotive sector, with major manufacturers temporarily shutting down their operations or operating with limited capacities in accordance with the directives issued by their respective governments. The energy materials and renewable generation & conversion industry, including battery-powered electric vehicles, grid storage, and personal electronic devices, witnessed a decline, directly affecting batteries' sales, especially in the electric vehicles segment.
North America was hit severely by the pandemic. The adoption of EVs declined in the first & second quarters of 2020, which affected the sale of electric vehicle batteries in North America; while a slight growth was witnessed from the third quarter. People avoided shared mobility and public transit to reduce the risk of infection. Due to the COVID-19 pandemic, U.S. overall vehicle sales declined 12% in the first quarter of 2020 compared to Q1 2019. As the year progressed, things got worse, with a 33 % year-on-year decline in Q2, followed by a slight rebound in Q3.
Additionally, U.S. sales of plug-in light-duty electric vehicles in 2020 totaled 296,000 units, which was down significantly from the 331,000 in sales in 2019. It also affected the adoption and price range of EV batteries. The cost of battery packs plummeted dramatically, from over USD 1,000/kilowatt-hour (kWh) in 2010 to approximately USD 137/kWh in 2020, which affected the adoption of electric batteries in the North American market.
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Increasing Investments by Leading Automotive OEMs to Set Up Battery Manufacturing Facilities in the Region
Several industry leaders are actively investing in the research & development of EV battery technology in North America. For instance, in January 2020, Tesla put forward a new patent for improved battery cell chemistry under the title “Dioxazolones and nitrile sulfites as electrolyte additives for lithium-ion batteries.” This new battery technology is intended to increase the performance and service life of the batteries; also, it will reduce the battery cost.
The growing number of pilot projects for installation of charging infrastructures at various public places, an increasing number of buyers adopting EVs, growing government incentive programs and subsidies on purchasing EVs, and increasing competition among industry leaders to launch new models are some of the key factors driving the growth of this market in this region.
Major key players in the market are investing in EV battery development to support the increasing demand for EV batteries. For instance, in December 2019, General Motor Co and LG Chem invested USD 2.3 billion to build a joint venture for an electric vehicle battery cell plant in Ohio (U.S.). This plant is aimed at creating the world’s largest battery facility for electric vehicles in Ohio. The joint venture will supply batteries to GM’s next generation of EVs.
Furthermore, in May 2021, Ford Motor and SK Innovation announced a joint venture in the U.S. to produce battery cells for rechargeable EV batteries. Also, in May 2021, Ford Motor Co and BMW AG invested USD 130 million in solid-state battery startup Solid Power. This initiative is to commercialize next-generation batteries.
Moreover, in April 2021, LG Energy Solution and General Motors planned to build an EV battery plant in the U.S. with an investment of USD 2.3 billion. This new plant will increase GM’s production scale of batteries. In August 2020, Panasonic invested USD 100 million in EV battery plant in the U.S. to boost the production capacity of batteries for Tesla. Also, in May 2021, Martinrea, an auto car manufacturer, and NanoXplore, a graphene producer, set up joint venture called VoltaXplore in Canada to manufacture EV batteries with abilities such as improving charging times range, longevity, and run at lower temperatures. Such advancements and developments in the EV batteries industry are expected to grow the demand for batteries in the forecast period.
Key Findings in the North America Electric Vehicle Battery Market Study:
The solid-state batteries segment is projected to grow at the fastest rate once it gets commercialized
Based on type, the solid-state battery segment is expected to grow faster once it gets commercialized. As per Meticulous Research® analysis, we expect the commercialization of solid-state batteries would happen from 2025. A solid-state battery has a higher energy density than a Li-ion battery that uses liquid electrolyte solution. This battery can effectively increase the energy density per unit area as compared to lithium-ion batteries. Due to such properties, a solid-state battery pack will have a higher capacity than a lithium-ion battery of the same size.
The 101kWh to 300kWh segment is projected to grow at the highest CAGR during the forecast period
The 101kWh to 300kWh segment is expected to grow at the highest CAGR during the forecast period. This segment is expected to have a high growth rate during the forecast period mainly because these batteries are widely used in medium EVs, such as light commercial vehicles and utility vehicles. The adoption of such EVs is increasing due to the rise in fuel prices and government initiatives for lowering fleet emissions of logistics and public transportation. Also, the increasing launch of new EVs by automotive OEMs for electrification of logistics and public transport fleets and increasing adoption of electric vehicles by e-commerce companies, such as Amazon and UPS, are supporting the market’s growth during the forecast period.
The laser bonding segment to grow at a significant pace during the forecast period
Based on bonding type, the laser bonding segment is expected to grow at the highest CAGR during the forecast period. This segment is expected to have high growth during the forecast period. Laser welding is a reliable technology to connect battery cells and achieve fast, automated, precise production of battery pack conductive joints. Lasers offer the advantages of precision and non-contact welding, which can be adapted to fit small areas with low accessibility using a concentrated heat source.
The pouch segment to grow at a significant pace during the forecast period
Based on form, the pouch segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment is attributed to higher energy density compared with the same weight of prismatic cells, more safety performance, and lower internal resistance. A pouch cell’s energy storage capacity is much greater in a given physical space than cylindrical cells. Leading automotive and battery OEMs are investing in pouch cell formats for powering the upcoming EVs. For instance, in April 2020, General Motors and LG Energy Solution announced a joint venture between the two companies to supply large-format pouch cells for GM’s Ultium battery strategy to power the upcoming GMC Hummer EV models and a Chevrolet Silverado EV in 2023.
The light commercial vehicles segment is projected to grow at the highest CAGR during the forecast period
Based on application, the light commercial vehicles segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment during the forecast period is attributed to the increasing shift of retail MNCs and transport fleet operators to electric light commercial vehicles, growing awareness regarding the role of electric vehicles in reducing emissions, increasing demand for electric vehicles to reduce fleet emissions, and stringent government rules and regulations towards vehicle emissions. The mass production of batteries and the attractive tax incentives offered by governments have further brought down vehicle costs, making electric light commercial vehicles much more cost-effective.
The battery swapping stations segment is projected to grow at the highest CAGR during the forecast period
Based on end user, the battery swapping stations segment is expected to grow at the highest CAGR during the forecast period. This segment is expected to have high growth during the forecast period mainly because battery swapping service helps reduce EV acquisition costs, increase the battery lifespan, and increase battery swapping services by various automotive start-up companies. Also, other mobility stakeholders such as oil refining companies are partnering with e-mobility start-ups to set up battery swapping stations, which will support the market growth of this segment.
The U.S. to be the fastest-growing market
The U.S. is expected to account for the largest share of the North America Electric Vehicle batteries market as well as it is the fastest-growing market during the forecast period. The factors attributed to the high growth of this country are the increasing adoption of electric vehicles in this region, the presence of raw material resources for cobalt and lithium, and increasing investment in the EV battery development to support the increasing demand for EV batteries.
Canada is expected to witness the second-fastest growth during the forecast period. The factors attributed to this country's growth are cobalt, lithium, and other raw material reserves availability and initiatives by battery manufacturers to set up battery manufacturing plants. For instance, Martinrea, an auto car manufacturer, and NanoXplore, a graphene producer, set up a joint venture called VoltaXplore to manufacture EV batteries with abilities such as improved charging times, range, longevity, and running at lower temperatures. The plant capacity is up to 1,000 batteries per day. Britishvolt, a UK-headquartered cell manufacturing startup, plans to build a 60GWh plant in Quebec. While Stromvolt, a Canadian headquartered startup, is planning a 10GWh plant in Ontario.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategies adopted by the leading market players in the EV batteries market over the last four years. The key players profiled in the EV batteries market are NOHMs Technologies, Inc. (U.S.), QuantumScape Corporation (U.S.), American Battery Solutions, Inc. (U.S.), Clarios (U.S.), Romeo Power, Inc. (U.S.), and Electrovaya Inc. (Canada).
Scope of the Report
North America EV Battery Market, by Type
- Lithium-ion Battery
- Sealed Lead Acid Battery
- Nickel-Metal Hydride Battery
- Ultracapacitors
- Solid-State Batteries
- Other Batteries
North America EV Battery Market, by Capacity
- Less Than 50 kWh
- 51 kWh to 100 kWh
- 101 kWh to 300 kWh
- More Than 300 kWh
North America EV Battery Market, by Bonding Type
- Wire Bonding
- Laser Bonding
North America EV Battery Market, by Form
- Prismatic
- Cylindrical
- Pouch
North America EV Battery Market, by Application
- Electric Cars
- Battery Electric Vehicles
- Lithium-ion Battery
- Nickel-Metal Hydride Battery
- Ultracapacitors
- Solid-State Batteries
- Other Batteries
- Plug-in Hybrid Electric Vehicles
- Lithium-ion Battery
- Ultracapacitors
- Solid-State Batteries
- Other Batteries
- Pure Hybrid Electric Vehicles
- Lithium-ion Battery
- Nickel-Metal Hydride Battery
- Ultracapacitors
- Solid-State Batteries
- Other Batteries
- Battery Electric Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- E-scooters & Motorcycles
- E-bikes
North America EV Battery Market, by End User
- Electric Vehicle OEMs
- Battery Swapping Stations
North America EV Battery Market, by Country
- U.S.
- Canada
Key Questions Answered in the Report:
The North America EV Battery Market report covers the market size & forecasts EV batteries by type, capacity, bonding type, form, application, end user, and country. In this report, the North American EV batteries market study involves the value analysis of various segments and sub-segments of the North American EV batteries market at country levels.
The North America EV Battery Market is projected to reach a value of $22.79 billion by 2028, at a CAGR of ~30% during the forecast period.
Based on type, the lithium-ion batteries segment is expected to account for the largest share of the North American EV batteries market in 2021.
Based on application, the light commercial vehicles segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly attributed to the increasing shift of retail MNCs and transport fleet operators to electric light commercial vehicles, growing awareness regarding the role of electric vehicles in reducing emissions, increasing demand for electric vehicles to reduce fleet emissions, and stringent government rules and regulations towards vehicle emissions. The mass production of batteries and the attractive tax incentives offered by governments have further brought down vehicle costs, making electric light commercial vehicles much more cost-effective.
Factors such as increasing EV adoption, decreasing battery prices, and increasing investment by leading automotive OEMs to secure the battery supply chain for their future electric vehicles. Moreover, increasing adoption of electric mobility in emerging economies, growing investments in developing lithium-ion battery capacity, and growing deployment of battery-as-a-service are expected to create lucrative opportunities for players operating in this market.
The key players operating in the North America EV Batteries market are NOHMs Technologies, Inc. (U.S.), QuantumScape Corporation (U.S.), American Battery Solutions, Inc. (U.S.), Clarios (U.S.), Romeo Power, Inc. (U.S.), and Electrovaya Inc. (Canada).
The key players operating in the North America EV Batteries market are NOHMs Technologies, Inc. (U.S.), QuantumScape Corporation (U.S.), American Battery Solutions, Inc. (U.S.), Clarios (U.S.), Romeo Power, Inc. (U.S.), and Electrovaya Inc. (Canada).
The U.S. is expected to offer lucrative growth opportunities for EV battery OEMs during the forecast period.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.2.3. Market Size Estimation
3. Executive Summary
4. COVID-19 Impact Assessment
4.1. Scenario A: Severe Impact
4.2. Scenario B: Slow Recovery
4.3. Scenario C: Fast Recovery
5. Market Insights
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.1.1. Increasing Investments by Leading Automotive OEMS to Set up Battery Manufacturing Facilities in the Region
5.2.1.2. Increasing Adoption of EVs
5.2.1.3. Decreasing Battery Prices
5.2.2. Opportunities
5.2.2.1. Increasing Investments in Alternative Battery Technology
5.2.3. Challenges
5.2.3.1. High Import Cost of Raw Materials for Battery Manufacturing
5.2.3.2. Less Energy Density of Batteries
5.3. Value Chain Analysis
6. North American Electric Vehicle Batteries Market, By Type
6.1. Introduction
6.2. Lithium-ion Batteries
6.3. Sealed Lead Acid Batteries
6.4. Nickel-Metal Hydride Batteries
6.5. Ultracapacitors
6.6. Solid-state Batteries
6.7. Other Battery Types
7. North American Electric Vehicle Batteries Market, By Capacity
7.1. Introduction
7.2. 51kWh to 100kWh
7.3. Less than 50kWh
7.4. 101kWh to 300kWh
7.5. More than 300kWh
8. North American Electric Vehicle Batteries Market, By Bonding Type
8.1. Introduction
8.2. Wire Bonding
8.3. Laser Bonding
9. North American Electric Vehicle Batteries Market, By Form
9.1. Introduction
9.2. Prismatic
9.3. Pouch
9.4. Cylindrical
10. North American Electric Vehicle Batteries Market, By Application
10.1. Introduction
10.2. Electric Cars
10.2.2. Battery Electric Vehicles
10.2.2. Plug-in Hybrid Electric Vehicles
10.2.3. Pure Hybrid Electric Vehicles
10.3. Light Commercial Vehicles
10.4. Heavy Commercial Vehicles
10.5. E-Scooters & Motorcycles
10.6. E-bikes
11. North American Electric Vehicle Batteries Market, By End-user
11.1. Introduction
11.2. Electric Vehicle OEMS
11.3. Battery Swapping Stations
12. North American Electric Vehicle Batteries Market, By Country
12.1. Introduction
12.1.1. U.S.
12.1.2. Canada
13. Competitive Landscape
13.1. Introduction
13.2. Key Growth Strategies
13.3. Market Share Analysis (2020)
13.3.1. Quantumscape Corporation
13.3.2. American Battery Solutions, Inc. (ABS)
13.3.3. Electrovaya Inc.
14. Company Profiles(Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
14.1. Quantumscape Corporation
14.2. American Battery Solutions, Inc.
14.3. Electrovaya Inc.
14.4. NOHMsTechnologies, Inc
14.5. Clarios
14.6. Romeo Power, Inc.
15 Appendix
15.1. Questionnaire
List of Tables
Table 1 Impact of COVID-19 on North American EV Batteries Market (USD Million)
Table 2 Comparison of U.S. Mineral Reserves and Manufacturing Capacities Versus the World
Table 3 North American EV Batteries Market Size, By Type, 2019–2028 (USD Million)
Table 4 North American Lithium-ion EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 5 North American Sealed Lead Acid EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 6 North American Nickel-Metal Hydride EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 7 North American Ultracapacitors EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 8 North American Solid-state EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 9 North American Other Battery Types Market Size, By Country, 2019–2028 (USD Million)
Table 10 North American EV Batteries Market Size, By Capacity, 2019–2028 (USD Million)
Table 11 North American 51kWh To 100kWh EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 12 North American Less Than 50kWh EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 13 North American 101kWh To 300kWh EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 14 North American More Than 300kWh EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 15 North American EV Batteries Market Size, By Bonding Type, 2019–2028 (USD Million)
Table 16 North American Wire Bonding EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 17 North American Laser Bonding EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 18 North American EV Batteries Market Size, By Form, 2019–2028 (USD Million)
Table 19 North American Prismatic EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 20 North American Pouch EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 21 North American Cylindrical EV Batteries Market Size, By Country, 2019–2028 (USD Million)
Table 22 North American EV Batteries Market Size, By Application, 2019–2028 (USD Million)
Table 23 North American EV Batteries Market Size for Electric Cars, By Type, 2019–2028 (USD Million)
Table 24 North American EV Batteries Market Size for Electric Cars, By Country, 2019–2028 (USD Million)
Table 25 North American EV Batteries Market Size for Battery Electric Vehicles, By Type, 2019–2028 (USD Million)
Table 26 North American EV Batteries Market Size for Battery Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 27 North American Lithium-ion EV Batteries Market Size for Battery Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 28 North American Nickel-Metal Hydride EV Batteries Market Size for Battery Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 29 North American Ultracapacitors EV Batteries Market Size for Battery Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 30 North American Solid-state Batteries EV Batteries Market Size for Battery Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 31 North American Other Battery Types Market Size for Battery Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 32 North American EV Batteries Market Size for Plug-In Hybrid Electric Vehicles, By Type, 2019–2028 (USD Million)
Table 33 North American EV Batteries Market Size for Plug-In Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 34 North American Lithium-ion EV Batteries Market Size for Plug-In Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 35 North American Ultracapacitors EV Batteries Market Size for Plug-In Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 36 North American Solid-state Batteries EV Batteries Market Size for Plug-In Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 37 North American Other EV Batteries Market Size for Plug-In Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 38 North American EV Batteries Market Size for Pure Hybrid Electric Vehicles, By Type, 2019–2028 (USD Million)
Table 39 North American EV Batteries Market Size for Pure Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 40 North American Lithium-ion EV Batteries Market Size for Pure Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 41 North American Nickel-Metal Hydride EV Batteries Market Size for Pure Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 42 North American Ultracapacitors EV Batteries Market Size for Pure Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 43 North American Solid-state Batteries EV Batteries Market Size for Pure Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 44 North American Other EV Batteries Market Size for Pure Hybrid Electric Vehicles, By Country, 2019–2028 (USD Million)
Table 45 North American EV Batteries Market For Light Commercial Vehicles Size, By Country, 2019–2028 (USD Million)
Table 46 North American EV Batteries Market For Heavy Commercial Vehicles Size, By Country, 2019–2028 (USD Million)
Table 47 North American EV Batteries Market For E-Scooters & Motorcycles Size, By Country, 2019–2028 (USD Million)
Table 48 North American EV Batteries Market For E-Bikes Size, By Country, 2019–2028 (USD Million)
Table 49 North American EV Batteries Market Size, By End User, 2019–2028 (USD Million)
Table 50 North American EV Batteries Market Size for Electric Vehicle Oems, By Country, 2019–2028 (USD Million)
Table 51 North American EV Batteries Market Size for Battery Swapping Stations, By Country, 2019–2028 (USD Million)
Table 52 U.S.: EV Batteries Market Size, By Type, 2019–2028 (USD Million)
Table 53 U.S.: EV Batteries Market Size, By Capacity, 2019–2028, (USD Million)
Table 54 U.S.: EV Batteries Market Size, By Bonding Type, 2019–2028, (USD Million)
Table 55 U.S.: EV Batteries Market Size, By Form, 2019–2028, (USD Million)
Table 56 U.S.: EV Batteries Market Size, By Application, 2019–2028, (USD Million)
Table 57 U.S.: EV Batteries Market Size for Electric Cars, By Type, 2019–2028, (USD Million)
Table 58 U.S.: EV Batteries Market Size for Battery Electric Vehicles, By Battery Type, 2019–2028, (USD Million)
Table 59 U.S.: EV Batteries Market Size for Plug-In Hybrid Electric Vehicles, By Battery Type, 2019–2028, (USD Million)
Table 60 U.S.: EV Batteries Market Size for Pure Hybrid Electric Vehicles, By Battery Type, 2019–2028, (USD Million)
Table 61 U.S.: EV Batteries Market Size, By End User, 2019–2028, (USD Million)
Table 62 Canada: EV Batteries Market Size, By Type, 2019–2028 (USD Million)
Table 63 Canada: EV Batteries Market Size, By Capacity, 2019–2028, (USD Million)
Table 64 Canada: EV Batteries Market Size, By Bonding Type, 2019–2028, (USD Million)
Table 65 Canada: EV Batteries Market Size, By Form, 2019–2028, (USD Million)
Table 66 Canada: EV Batteries Market Size, By Application, 2019–2028, (USD Million)
Table 67 Canada: EV Batteries Market Size for Electric Cars, By Type, 2019–2028, (USD Million)
Table 68 Canada: EV Batteries Market Size for Battery Electric Vehicles, By Battery Type, 2019–2028, (USD Million)
Table 69 Canada: EV Batteries Market Size for Plug-In Hybrid Electric Vehicles, By Battery Type, 2019–2028, (USD Million)
Table 70 Canada: EV Batteries Market Size for Pure Hybrid Electric Vehicles, By Battery Type, 2019–2028, (USD Million)
Table 71 Canada: EV Batteries Market Size, By End User, 2019–2028, (USD Million)
Table 72 Recent Key Developments, By Company (2018–2021)
List of Figures
Figure 1 Market Ecosystem
Figure 2 Currency and Limitations
Figure 3 Key Stakeholders
Figure 4 Research Process
Figure 5 Key Secondary Sources
Figure 6 Key Executives Interviewed
Figure 7 Primary Research Techniques
Figure 8 Market Size Estimation
Figure 9 Key Insights
Figure 10 Lithium-Ion Batteries Segment to Grow at the Highest CAGR During The Forecast Period
Figure 11 51kWh To 100kWh Segment to Grow at the Highest CAGR During The Forecast Period
Figure 12 North American EV Batteries Market, By Bonding Type, 2021 Vs. 2028, (USD Million)
Figure 13 Pouch Segment is Expected to Grow at the Highest CAGR During the Forecast Per
Figure 14 In 2021, the Electric Cars Segment Accounted for the Largest Share of the North American EV Batteries Market
Figure 15 North American EV Batteries Market, By End User, 2021 Vs. 2028 (USD Million)
Figure 16 Geographic Snapshot: North American EV Batteries Market
Figure 17 The Impact of COVID-19 on the North American EV Batteries Market
Figure 18 Market Dynamics
Figure 19 Electric Vehicle Battery Value Chain
Figure 20 North American EV Batteries Market, By Type, 2021 Vs. 2028 (USD Million)
Figure 21 North American EV Batteries Market, By Capacity, 2021 Vs. 2028 (USD Million)
Figure 22 North American EV Batteries Market, By Bonding Type, 2021 Vs. 2028 (USD Million)
Figure 23 North American EV Batteries Market, By Form, 2021 Vs. 2028 (USD Million)
Figure 24 North American EV Batteries Market, By Application, 2021 Vs. 2028 (USD Million)
Figure 25 North American EV Batteries Market, By End User, 2021 Vs. 2028 (USD Million)
Figure 26 EV Batteries Market, By Country, 2021 Vs. 2028, (USD Million)
Figure 27 Key Growth Strategies Adopted By Leading Players (2018–2021)
Figure 28 Romeo Power, Inc.: Finacial Snapshot (2020)
Figure 29 Electrovaya Inc.: Finacial Snapshot (2020)
COVID-19
This report provides pre & post COVID-19 market estimates.
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