The Business
Research Company’s latest report Electric Vehicle Batteries Global Market
Report 2020 covers Electric Vehicle Batteries market drivers, Electric Vehicle
Batteries market trends, Electric Vehicle Batteries market segments, Electric
Vehicle Batteries market growth rate, Electric Vehicle Batteries market major
players, and Electric Vehicle Batteries market size. The report provides
in-depth analysis of the impact of COVID-19 on the Electric Vehicle Batteries
industry, along with revised market numbers due to the effects of the
coronavirus.
View Complete Report:
Electric Vehicle
Batteries Global Market Report 2020 is the most comprehensive report available
on this market and will help gain a truly global perspective as it covers 60
geographies. The chapter on the impact of COVID-19 gives valuable insights on
supply chain disruptions, logistical challenges, and other economic
implications of the virus on the market. The chapter also covers markets which
have been positively affected by the pandemic.
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The global electric vehicles batteries
market is expected decline from $23.17 billion in 2019 to $22.24 billion in
2020 at a compound annual growth rate (CAGR) of -6.17%. The decline is mainly
due to economic slowdown across countries owing to the COVID-19 outbreak and
the measures to contain it. The market is then expected to recover and reach
$35.36 billion in 2023 at CAGR of 16.71%.
The report covers the Electric Vehicle
Batteries market’s segments-
1) By Battery Type: Lithium-Ion, Lead-Acid,
Nickel-Metal Hydride, Sodium-Ion, Others.
2) By Vehicle Type: Passenger Vehicles,
Commercial Vehicles.
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