Global Electric Vehicle Lithium-Ion Battery Market: Declining Prices of Batteries Driving Adoption

QYResearchReports has added a new report, titled “Global Electric Vehicle Lithium-ion Battery Market Professional Survey Report 2017.” The use of Li-ion batteries as a power source in AEV’s or American expedition vehicles, as an alternative source of power in Hybrid electric vehicles, and as primary source of power in battery electric vehicles and plug in hybrid electric vehicles will drive the growth of this market. Both plug in hybrid electric vehicles and battery electric vehicles make the usage of electric motors which are powered by Li-ion batteries for the purpose of propulsion.

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Vehicles that make use of batteries also assist in reducing carbon emissions along with lowering the dependence on fossil fuels. China consumes a noticeable portion of lithium battery and the reason behind this is the high usage of vehicles that function on batteries in China. There has also been a sharp rise in the adoption of lithium iron phosphate battery because of the expected long term development and growth in the electric vehicles and hybrid electric vehicles sector so as to minimize the carbon emissions and provide assistance to alternative fuel sources. China accounts for noticeable share in the global lithium iron phosphate battery market.  China also hosts great deal of the rare earth lithium metal which can increase the lithium iron phosphate production in the years to come. During the assessment period, the increasing demand from China is slated to be a key factor in the global lithium iron phosphate battery market.

The growth in the electric vehicles market is majorly dependent on the Li-ion battery’s dynamics. The energy density of Li-ion batteries is known to be greater than lead-acid batteries and nickel metal hybrid batteries, which means that Li-ion batteries have better storage for electricity in the cells that are of the same size. This is the reason why Li-ion batteries are more widely used for electric vehicles. Since 2007 the prices of li-ion batteries have been continuously declining. The wide scale manufacturing and productivity, plus the reduction in prices of the materials used for making the batteries, will be the reasons behind this decline in the price of li-ion batteries.

The cost of electric vehicle batteries is predicted to decline even more as the manufacturers are continuously working hard to develop new vehicles with the usage of electric drivetrains. The future of technology is predicted to be safe, as the automakers are concentrating more on cutting the costs and boosting the variety of vehicles. New technologies focusing on reducing the weight of the batteries, their costs and increase the power output, is predicted to boost this industry. Plus, the competitive distribution of channels is likely to play a vital role in gaining a competitive advantage.

The key market drivers here are the rise in the production of Li-ion batteries in China. The advantageous government policies, high growth rates, lowered labor costs are few reasons behind increasing number of manufacturers shifting their base to China. One of the key market trends is the increasing investments for bettering the infrastructure. Battery manufacturers and the automotive original equipment manufacturers are making efforts to minimize battery pack prices. This effort, led by advanced battery developing techniques along with maturing supply chains, can produce a market that is driven by battery electric vehicles, where vehicles with small and large capacity li-ion batteries will have a better driving range.

Table of Contents

1 Industry Overview of Electric Vehicle Lithium-ion Battery
1.1 Definition and Specifications of Electric Vehicle Lithium-ion Battery
1.1.1 Definition of Electric Vehicle Lithium-ion Battery
1.1.2 Specifications of Electric Vehicle Lithium-ion Battery
1.2 Classification of Electric Vehicle Lithium-ion Battery
1.3 Applications of Electric Vehicle Lithium-ion Battery
1.4 Market Segment by Regions

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2 Manufacturing Cost Structure Analysis of Electric Vehicle Lithium-ion Battery
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Electric Vehicle Lithium-ion Battery
2.3 Manufacturing Process Analysis of Electric Vehicle Lithium-ion Battery
2.4 Industry Chain Structure of Electric Vehicle Lithium-ion Battery

3 Technical Data and Manufacturing Plants Analysis of Electric Vehicle Lithium-ion Battery
3.1 Capacity and Commercial Production Date of Global Electric Vehicle Lithium-ion Battery Major Manufacturers in 2016
3.2 Manufacturing Plants Distribution of Global Electric Vehicle Lithium-ion Battery Major Manufacturers in 2016
3.3 R&D Status and Technology Source of Global Electric Vehicle Lithium-ion Battery Major Manufacturers in 2016
3.4 Raw Materials Sources Analysis of Global Electric Vehicle Lithium-ion Battery Major Manufacturers in 2016

4 Global Electric Vehicle Lithium-ion Battery Overall Market Overview
4.1 2012-2017E Overall Market Analysis
4.2 Capacity Analysis
4.2.1 2012-2017E Global Electric Vehicle Lithium-ion Battery Capacity and Growth Rate Analysis
4.2.2 2016 Electric Vehicle Lithium-ion Battery Capacity Analysis (Company Segment)
4.3 Sales Analysis
4.3.1 2012-2017E Global Electric Vehicle Lithium-ion Battery Sales and Growth Rate Analysis
4.3.2 2016 Electric Vehicle Lithium-ion Battery Sales Analysis (Company Segment)
4.4 Sales Price Analysis
4.4.1 2012-2017E Global Electric Vehicle Lithium-ion Battery Sales Price
4.4.2 2016 Electric Vehicle Lithium-ion Battery Sales Price Analysis (Company Segment)

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6 Global 2012-2017E Electric Vehicle Lithium-ion Battery Segment Market Analysis (by Type)
6.1 Global 2012-2017E Electric Vehicle Lithium-ion Battery Sales by Type
6.2 Different Types of Electric Vehicle Lithium-ion Battery Product Interview Price Analysis
6.3 Different Types of Electric Vehicle Lithium-ion Battery Product Driving Factors Analysis
6.3.1 Lithium Ion Manganese Oxide Battery of Electric Vehicle Lithium-ion Battery Growth Driving Factor Analysis
6.3.2 Lithium Iron Phosphate Battery of Electric Vehicle Lithium-ion Battery Growth Driving Factor Analysis
6.3.3 LiNiMnCo (NMC) Battery of Electric Vehicle Lithium-ion Battery Growth Driving Factor Analysis
6.3.4 Lithiumtitanate Battery of Electric Vehicle Lithium-ion Battery Growth Driving Factor Analysis

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