Li-ion Battery Market for EVs in China to grow at a CAGR of 38.5 percent over the period 2015-2019: MarketResearchReports.Biz

November 24, 2015 0 By Press Release

MarketResearchReports.Biz has announced addition of new report “Li-ion Battery Market for EVs in China 2015-2019″ to its database.

About Li-ion battery for EVs

A Li-ion battery is used as a power source in EVs for transportation. It is used as an alternative source of power in PHEVs and a primary source of power in BEVs. A Li-ion battery powers the electric motor used for propulsion in a BEV. A PHEV uses both an IC engine and an electric motor for propulsion. The use of double fuel system makes PHEVs expensive, efficient, and a preferred choice among end-users. The use of battery-operated vehicles helps to reduce carbon emissions and the dependence on fossil fuels. The battery used in EVs is automatically charged during the transportation through regenerative braking mechanism and is completely refilled or recharged by a voltage ranging from 110 to 440 volts. The application of Li-ion battery is higher in BEVs and PHEVs, because of its high energy density and long life span.

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TechNavio’s analysts forecast the Li-ion battery market for EVs in China to grow at a CAGR of 38.5 percent over the period 2014-2019.

Covered in this report

The report covers the present scenario and the growth prospects of the Li-ion battery market for EVs for the period 2015-2019. The market has been segmented based on vehicle type: PHEVs and BEVs.

TechNavio’s report, Li-ion Battery Market for EVs in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Blue Energy
LG Chem
Samsung SDI
Shenzhen BAK
Sinopoly Battery
Tianjin Lishen Battery

Other prominent vendors

A123 Systems
Primearth EV Energy

Key market driver

Widening Li-ion battery manufacturing base
For a full, detailed list, view our report

Key market challenge

Longer duration of charging time
For a full, detailed list, view our report

Key market trend

Increased investment in charging infrastructure
For a full, detailed list, view our report.

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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