Electric Vehicle Battery Market Size, Share, Growth Trends & Forecast to 2035
The Electric Vehicle Battery Market is witnessing an unprecedented surge as global automakers accelerate their transition toward sustainable mobility. According to MarketsandMarkets, the sector is projected to grow from USD 91.93 billion in 2024 to USD 251.33 billion by 2035 at a CAGR of 9.6%. This growth reflects the collective global push toward eco-friendly transportation and significant advancements...
EV Battery Market Share: Global Growth & 2035 Outlook
The global EV battery market is undergoing rapid transformation, with market share increasingly concentrated among top manufacturers and regions. Major players like CATL, BYD, and LG Energy Solution dominate the competitive landscape: as of mid-2024, CATL leads with a commanding 37.8% global market share, followed by BYD at 15.8% and LG Energy Solution holding a smaller, but substantial, portion.
The...