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Powering up the electric vehicle battery market

Powering up the electric vehicle battery market

Unlike their gas-powered counterpart, electric vehicles require the use of electricity to operate. This makes them quieter, better for the environment, and more cost efficient to operate.

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It's a little-known fact that the world's first electric car was produced in the 1880s. Of course, it was rudimentary and lacked the performance and features of modern day electric vehicles. Nonetheless, it was powered strictly on electricity. In the following 19th century and early 20th century, electric cars remained popular.

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It wasn't until the development of gas-powered combustion engines that electric vehicles began to fade in favor of their counterpart.

But electric cars and vehicles are now making a comeback. According to Statista, there were approximately 1.2 million electric-battery vehicles on the roads in 2016. A newer report published by the International Energy Agency (IEA) suggests that more than 2 million electric cars are currently on the road. As more and more driver make the switch to electric, however, there's a growing demand for batteries to power these vehicles.

The Global Electric Vehicle Battery Pack Sales Market 2017 report by The Market Reports is an in-depth study of the global electric vehicle battery pack market. Featuring 114 pages, it covers all of the major regions in which electric vehicle battery packs are manufactured and consumed, including the United States, China, Japan, Europe, Southeast Asia and India. Within this report, you'll find statistical information pertaining to the market's trends, developments, price, cost, figures, revenue, investment opportunities and more. In essence, this report is a complete and comprehensive study of the global electric vehicle battery pack market.

Some of the key electric vehicle battery pack vendors profiled in this report include Byd, Panasonic, Catl, Optimumnano, Lg Chem, Guoxuan, Lishen, Peve, Aesc, Samsung, Lithium Energy Japan, Beijing Pride Power, Bak Battery, Wanxiang, Hitachi, Accumotive and others.

The Global Electric Vehicle Battery ECU Sales Market 2017 report The Market Reports offers a second professional analysis of the global electric vehicle battery market. It covers both historic and future prospective scenarios. The report features 150 tables and figures along with insight from industry professions and analysts. Some of information you'll find in this report includes development policies and plans, Bill of Materials cost structure, import and export consumption, supply and demand, cost, price, revenue, gross margins and more.

This report segments the global electric vehicle battery sales market by several criteria. On the basis of application, the market is segmented by HEV, PHEV and EV. For product type, the market is segmented by Distributed, Centralized and Modular. It also segments the market by region, analyzing all of the regions mentioned in the first report cited above.

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Paul Hosking - Market Research NewsPaul Hosking
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