China Electric Vehicle Battery Market Growth, Demand and Challenges of the Key Industry Players 2024-32
                     China Electric Vehicle 
Battery Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Acco r d ing  t o  t he  l a t es t  r epo r t  by  I M ARC G r oup ,  t i t l ed  "C h i na  E l ec t r i c  Veh i c l e  
Ba t t e ry  M ark e t :  I ndus t ry  T rend s ,  Sha re ,  S i ze ,  G row t h ,  O ppor t un i t y  and  Fo rec as t  
2024 - 203 2 , "  t he  Ch in a  e lec t r i c  veh i c le  b a t t e r y  m a r ke t  s i ze  i s  p r o jec t e d  t o  exh ib i t  a  
g r ow t h  r a t e  ( CAG R )  o f  22 . 4% d u r ing  2024 - 2032 .
Report An  e lec t r i c  veh i c le  ba t t e r y  i s  a  s econd a r y  r ec ha r g eab le  powe r  so u r ce  use d  i n  e lec t r i c  veh i c les  ( EVs ) .  T he  veh i c l e  i s  ope r a t e d  b y  t he  ch em ica l  ene r gy  s t o r ed  i n  t he  
r ech a r ge ab le  ba t t e r y  p acks  and  doe s  no t  r equ i r e  a  com bus t i on  e ng ine  f o r  
Highlight and p r op u ls ion .  EV  ba t t e r i es  a r e  a l so  k nown  as  t r ac t io n  ba t t e r i es  as  t hey  p r ov ide  t he  
m o t i ve  po wer  f o r  t he  v eh i c le .  
They  a r e  conn ec t e d  t o  an  e lec t r i c  m o t o r  t o  d r i v e  t he  whee ls ,  wh ich  i ns t an t l y  f ee ds  
Description powe r  t o  t he  m o t o r  wh en  t he  a cce le r a t o r  pe da l  i s  p r ess ed .  Be s ides  t h i s ,  EV  
ba t t e r i es  a r e  an  eco - f r i en d l y  a l t e r na t i v e  t o  f ue l  such  as  pe t r o l  and  d iese l  and  o f f e r  
l ow  m a i n t enan ce  cos t s ,  a  h ig h  pow er - t o - we ig h t  r a t i o ,  ze r o  ca r bon  em is s ions ,  no i se -
f r ee  t r av e l  e xpe r ie nce .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / ch i na - e le c t r i c - veh i c le - ba t t e r y - m ar ke t / r eque s t s am p le
Report Description
China Elect r ic  Vehic le  Bat tery  Market  Trends:
The marke t  is  pr imar i ly  dr i ven  by  the  increas ing  demand fo r  e lec t r i c  veh ic les  due  to  the  r is ing  leve ls  o f  
veh icu lar  emiss ions ac ross  the coun t ry .  Bes ides  th is ,  the improvement  in  bat te ry  techno logy and  the launch  o f  
new p lug- in  EV models  a re  prope l l ing  the  market  g rowth.  In  add i t ion ,  w i th  the g rowing  env i ronmenta l  
concerns,  the Government  o f  Ch ina  is  tak ing  in i t ia t i ves  to  encourage the use  o f  e lec t r i c  veh ic les .  
These  veh ic les  o f fe r  va r ious advantages,  inc lud ing  tax  exempt ion and reba tes ,  subs id ies ,  reduct ion  in  park ing  
and  to l l  fees,  as  we l l  as  f ree charg ing .  Moreover ,  the  adopt ion o f  l i th ium- ion  ba t te r ies  to  power  p lug- in  hybr id  
e lec t r ic  veh ic les  is  a lso  esca la t ing  the  market  growth across  the  count ry .  Fur thermore ,  the  increas ing  
investments  in  upgrad ing  pub l i c  charg ing in f ras t ruc ture  and  the con t inuous rep lacement  o f  convent iona l  fue l -
based pub l ic  t ranspor t  f lee ts  a re  crea t ing a  pos i t ive  ou t look  fo r  the  marke t .
View Report  TOC,  F igures  and Tables :  
ht tps: / /www. imarcgroup.com/china-e lect r ic-vehic le-bat tery-market
Breakup by Battery Type:
• Lead Acid Battery
• Lithium-Ion Battery
• Others
 
Breakup by Vehicle Type:
Report • Battery Electr ic Vehicles (BEV)
• Plug-in Hybrid Electr ic Vehicles (PHEV)
Segmentation
• Hybrid Electric Vehicles (HEV)
Breakup by Battery Capacity:
• 60 kWh
• BMZ Group
• BYD Company Limited
• Contemporary Amperex Technology Co. 
Competitive Limited (CATL)
• GS Yuasa International  Limited
Landscape 
• Lishen Battery
with Key • Microvast
Players • OptimumNano Energy Co. L imited
• Panasonic Corporat ion
• Samsung SDI Co. Limited
• Showa Denko Materials Co. Limited
What is the expected growth rate of the China 
electric vehicle battery market during 2024-2032?
What are the key factors driving the China electric 
vehicle battery market?
Key What has been the impact of COVID-19 on the China 
electric vehicle battery market?
Questions 
Answered in What is the breakup of the China electric vehicle battery market based on the battery type?
the Report
What is the breakup of the China electric vehicle 
battery market based on the vehicle type?
Who are the key players/companies in the China 
electric vehicle battery market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     C h i n a  E l e c t r i c  V e h i c l e  B a t t e r y  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  B a t t e r y  T y p e
    6 . 1     L e a d  A c i d  B a t t e r y
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     L i t h i u m - I o n  B a t t e r y
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     O t h e r s
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  V e h i c l e  T y p e
       
    7 . 1     B a t t e r y  E l e c t r i c  V e h i c l e s  ( B E V )
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     P l u g - i n  H y b r i d  E l e c t r i c  V e h i c l e s  ( P H E V )
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     H y b r i d  E l e c t r i c  V e h i c l e s  ( H E V )
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  B a t t e r y  C a p a c i t y
    8 . 1     < 3 0  k W h
        8 . 1 . 1  M a r k e t  T r e n d s
Table of         8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     3 0 - 6 0  k W h
        8 . 2 . 1  M a r k e t  T r e n d s
Contents         8 . 2 . 2  M a r k e t  F o r e c a s t    8 . 3     > 6 0  k W h
        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
9    S W O T  A n a l y s i s
    9 . 1     O v e r v i e w
    9 . 2     S t r e n g t h s
    9 . 3     W e a k n e s s e s
    9 . 4     O p p o r t u n i t i e s
    9 . 5     T h r e a t s
1 0   V a l u e  C h a i n  A n a l y s i s
1 1   P o r t e r s  F i v e  F o r c e s  A n a l y s i s
    1 1 . 1     O v e r v i e w
    1 1 . 2     B a r g a i n i n g  P o w e r  o f  B u y e r s
    1 1 . 3     B a r g a i n i n g  P o w e r  o f  S u p p l i e r s     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / c h i n a - e l e c t r i c -v eh i c l e - ba t t e r y - m a r
ke t / t o c
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