Dublin, December 15, 2021 (GLOBE NEWSWIRE) - ResearchAndMarkets.com has added the "North American Electric Vehicle Battery Market 2021-2028" report to its products.
According to the report, the North American electric vehicle battery market is expected to grow at a compound annual growth rate of 17.68% from 2021 to 2028. The United States and Canada outline the markets in the region. Over the years, Canada has witnessed rapid growth in the automotive industry. In addition, since key ingredients such as lithium, nickel and aluminum can be used to make batteries, the country has the opportunity to become a leader in advanced battery manufacturing and storage technologies.
In addition, the government has taken a number of measures to increase battery production capacity and establish a supply chain to increase the distribution capacity of the country’s electric vehicle battery market. For example, in the 2021 budget, the government announced the expansion of the Strategic Innovation Fund to advance the processing of key battery minerals. Therefore, government support has promoted the growth of the electric vehicle battery market. In the United States, Harvard researchers produce solid-state lithium batteries for electric vehicles. These batteries extend the life of electric vehicles by 15 years and shorten the charging time to 20 minutes. This encourages automakers to increase the electrification of their fleets, reducing their carbon footprint and reliance on consuming fossil fuel reserves. In addition, the increase in government support and the development of advanced battery technology are increasing the electric vehicle battery market.
Well-known companies in the electric vehicle battery market include SK Innovation, Lithium Energy Japan, A123 Systems, CALB, Samsung SDI, Toshiba Corporation, and GS Yuasa.
Key Topics Covered 1. North American Electric Vehicle Battery Market 2. Industry Outlook 2.1. Key Insights 2.1.1. Increase investment in the electric vehicle market 2.1.2. Battery recycling requires subsidies 2.2. The impact of COVID-19 on the electric vehicle battery market 2.3. Porter's five forces analysis 2.4. Market attractiveness matrix 2.5. Industrial components 2.5.1. Raw material mining 2.5.2. Battery cell 2.5.3. Battery module 2.5.4. Battery pack 2.5.5. End user 2.5.6. End of life process 2.6. Supplier Scorecard 2.7. Technical analysis 2.7.1. Lithium-ion battery based on changes in cathode material 2.7.1.1. NCM (lithium cobalt manganese oxide) 2.7.1.2. NCA (Lithium Nickel Cobalt Aluminum Oxide) 2.7.1.3. LFP (lithium iron phosphate) 2.7.2. Solid state battery 2.8. Raw material analysis 2.8.1. Key raw materials 2.8.2. 2.8.2.1. Countries with high reserves of key raw materials, lithium 2.8.2.2, manganese 2.8.2.3, and nickel 2.8.2.4. Cobalt 2.8.2.5. Graphite 2.9. Key market strategy 2.9.1. Contracts and partnerships 2.9.2. Business expansion and divestiture 2.9.3. Acquisitions and mergers 2.9.4. New product release 2.10. Positioning of industry participants 2.11. Market drivers 2.11.1. The growing electric vehicle market 2.11.2. Government incentives and promotion 2.11.3. The development of battery technology 2.11.4. The growth of public charging infrastructure was 2.12. Market challenges 2.12.1. Problems in the procurement of raw materials 2.12.2. The high charging time of the battery 2.12.3. Security issue 2.13. Market opportunity 2.13.1. The emergence of shared electric vehicles contributes to the battery replacement market segment 2.13.2. Improvements in vehicle-to-grid (V2G) technology 3. North American electric vehicle battery market-by vehicle type 3.1. Battery Electric Vehicle 3.2. Hybrid Electric Vehicle 3.3. Plug-in hybrid electric vehicles 4. North American electric vehicle battery market-by battery type 4.1. Lead acid 4.2. Nickel metal hydride 4.3. Lithium Ion 5. North American Electric Vehicle Battery Market-5.1 by end user. Commercial vehicles 5.2. Bus 5.3. Other end users 6. North American Electric Vehicle Battery Market-Regional Outlook 6.1. United States 6.2. Canada 7. Competitive landscape 7.1. Market share analysis 7.2. Company profile 7.2.1. CATL 7.2.2 LG Ensor 7.2.3. Panasonic 7.2.4. Samsung SDI 7.2.5. SK Innovation 7.2.6. BYD 7.2.7. CALB 7.2.8. Automotive Energy Japan Co., Ltd. 7.2.9. Toshiba 7.2.10. Lithium Energy Japan 7.2.11. Consider Aesc 7.2.12. A123 system 7.2.13. GS Yuasa 7.2.14. Northvolt AB 7.2.15. Prime Planet Energy Solutions 8. Methodology and scope 8.1. Research scope and deliverables 8.2. Data source 8.3. Research Methods For more information on this report, please visit https://www.researchandmarkets.com/r/25ydfv
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