Press release
European Electric Vehicle Battery Market 2020 Growth, COVID Impact, Trends Analysis Report 2026
European electric vehicle (EV) battery market is anticipated to grow at a lucrative CAGR during the forecast period (2020-2026). As per the American Chemical Society (ACS), Europe held only a 3.0% share of the global lithium-ion battery market in 2020. Therefore, to compete with the other countries globally, EV battery manufacturers are striving to approve the construction of EV battery plants in the region. Several major gigafactories are approved for construction in Europe and will be ready in the next few years to meet an anticipated surge in demand for EV batteries in the region. Reduction in production costs and risks by recycling and by sourcing raw materials within Europe is a key propellant for the construction of EV battery facilities in the region.
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The expansion of major EV battery market players in the region is anticipated to increase the potential of the EU to become an EV battery powerhouse. For instance, in February 2020, Saft and the PSA Group announced plans for two lithium-ion EV battery cell plants in Europe. The French-German alliance intends to establish a joint venture named Automotive Cell Company (ACC), with a total output of 48 GWh annually by 2030, through around a $5.9 billion investment, supported by nearly $1.5 billion in public funding from the EU.
A Full Report of European Electric Vehicle Battery Market is Available at: https://www.omrglobal.com/industry-reports/european-electric-vehicle-battery-market
Market Coverage
The market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Battery Type, By Vehicle Type, By Propulsion Type
Region Covered-Europe
Competitive Landscape- Hitachi, Ltd., Liacon GmbH, NEC Corp., Panasonic Corp., Sony Corp.
European Electric Vehicle Battery Market Report Segment
By Battery Type
NiMH
Li-ion
Others
By Vehicle Type
Commercial Vehicles
Passenger Cars
Two-Wheelers
By Propulsion Type
Battery Electric Vehicles
Plug-in Hybrid Electric Vehicle
European Electric Vehicle Battery Market Report Segment
UK
Germany
Italy
Spain
France
Rest of Europe
Company Profiles
BMZBatterien-Montage-Zentrum GmbH
Britishvolt
Contemporary Amperex Technology Co. Ltd.
Custom Cells Itzehoe GmbH
Daimler AG
EAS Batteries GmbH
Hankook AtlasBX Co., Ltd.
Hitachi, Ltd.
LG Chem Ltd.
Reasons to Buying From us –
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-electric-vehicle-battery-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
(Get 15% Discount on Buying this Report)
Get Report Sample Copy @ https://www.omrglobal.com/request-sample/european-electric-vehicle-battery-market
The expansion of major EV battery market players in the region is anticipated to increase the potential of the EU to become an EV battery powerhouse. For instance, in February 2020, Saft and the PSA Group announced plans for two lithium-ion EV battery cell plants in Europe. The French-German alliance intends to establish a joint venture named Automotive Cell Company (ACC), with a total output of 48 GWh annually by 2030, through around a $5.9 billion investment, supported by nearly $1.5 billion in public funding from the EU.
A Full Report of European Electric Vehicle Battery Market is Available at: https://www.omrglobal.com/industry-reports/european-electric-vehicle-battery-market
Market Coverage
The market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Battery Type, By Vehicle Type, By Propulsion Type
Region Covered-Europe
Competitive Landscape- Hitachi, Ltd., Liacon GmbH, NEC Corp., Panasonic Corp., Sony Corp.
European Electric Vehicle Battery Market Report Segment
By Battery Type
NiMH
Li-ion
Others
By Vehicle Type
Commercial Vehicles
Passenger Cars
Two-Wheelers
By Propulsion Type
Battery Electric Vehicles
Plug-in Hybrid Electric Vehicle
European Electric Vehicle Battery Market Report Segment
UK
Germany
Italy
Spain
France
Rest of Europe
Company Profiles
BMZBatterien-Montage-Zentrum GmbH
Britishvolt
Contemporary Amperex Technology Co. Ltd.
Custom Cells Itzehoe GmbH
Daimler AG
EAS Batteries GmbH
Hankook AtlasBX Co., Ltd.
Hitachi, Ltd.
LG Chem Ltd.
Reasons to Buying From us –
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-electric-vehicle-battery-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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