China Electric Vehicle Battery Market PDF | Growth | Trends | Forecast to 2027

1. China Electric Vehicle Battery Market Research and Forecast Report 2022- 2027 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description China Electric Vehicle Battery Market Research Report: The latest report by IMARC Group, titled “China Electric Vehicle Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the China electric vehicle battery market reached a strong growth in 2021. An electric vehicle battery is a secondary rechargeable power source used in electric vehicles (EVs). The vehicle is operated by the chemical energy stored in the rechargeable battery packs and does not require a combustion engine for propulsion. EV batteries are also known as traction batteries as they provide the motive power for the vehicle. They are connected to an electric motor to drive the wheels, which instantly feeds power to the motor when the accelerator pedal is pressed. Besides this, EV batteries are an eco-friendly alternative to fuel such as petrol and diesel and offer low maintenance costs, a high power-to-weight ratio, zero carbon emissions, noise-free travel experience. Request Free Sample Report: https://www.imarcgroup.com/china-electric-vehicle-battery- market/requestsample

4. Report Description and Highlights Report Description China Electric Vehicle Battery Market Trends : The market is primarily driven by the increasing demand for electric vehicles due to the rising levels of vehicular emissions across the country. Besides this, the improvement in battery technology and the launch of new plug-in EV models are propelling the market growth. In addition, with the growing environmental concerns, the Government of China is taking initiatives to encourage the use of electric vehicles. These vehicles offer various advantages, including tax exemption and rebates, subsidies, reduction in parking and toll fees, as well as free charging. Moreover, the adoption of lithium-ion batteries to power plug-in hybrid electric vehicles is also escalating the market growth across the country. Furthermore, the increasing investments in upgrading public charging infrastructure and the continuous replacement of conventional fuel-based public transport fleets are creating a positive outlook for the market. Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).

5. Report Description and Highlights Report Description Market Summary: Breakup by Battery Type: •Lead Acid Battery •Lithium-Ion Battery •Others Breakup by Vehicle Type: •Battery Electric Vehicles (BEV) •Plug-in Hybrid Electric Vehicles (PHEV) •Hybrid Electric Vehicles (HEV) Breakup by Battery Capacity: •<30 kWh •30-60 kWh •>60 kWh

6. Report Description Report Description and Highlights Note: We are updating our database, would you like to know latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc, click request free sample report. Competitive Landscape with Key Players: • BMZ Group • BYD Company Limited • Contemporary Amperex Technology Co., Limited. (CATL) • GS Yuasa International Ltd. • Lishen Battery • Microvast • OptimumNano Energy Co.,Ltd. • Panasonic Corporation • Samsung SDI Co., Ltd. • Showa Denko Materials Co., Ltd. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/china-electric-vehicle- battery-market

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9. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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