China's electric vehicle battery market is estimated to grow at a CAGR of over 9.0% during the forecast period. The cohesive government programs and initiatives to fuel the sale and manufacturing of electric vehicle in China is a major factor that is generating the demand for electric vehicle battery market in the country.

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China Electric Vehicle Battery Market, Size, Share,
Analysis Report & Forecast to 2025
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2. China's electric vehicle battery market is estimated to grow at a CAGR of over 9.0% during the forecast
period. The cohesive government programs and initiatives to fuel the sale and manufacturing of electric
vehicle in China is a major factor that is generating the demand for electric vehicle battery market in the
country. China is one of the members of the EV30@30 campaign that aims to accelerate the deployment
of electric vehicle in the country. In 2018, China set a target in which the country planned that electric
cars and plug-in hybrids vehicles to account for at least 20% of its total vehicle sales by 2025.
A full Report of China Electric Vehicle Battery Market is Available at:
https://www.omrglobal.com/industry-reports/china-electric-vehicle-battery-market
The market is segmented on the basis of battery type vehicle type, and propulsion technology. Based on
the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. Based on battery type Li-
ion is anticipated to hold a considerable market share during the forecast period. Based on vehicle type,
the market is sub-segmented into commercial vehicles, passenger cars, and two-wheeler. Based on
propulsion technology the market is sub-segmented into battery electric vehicle, plug-in hybrid electric
vehicle.
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China Electric Vehicle Battery Market Segmentation
By Battery Type
• NiMH
• Li-Ion
• Others
By Vehicle Type
• Commercial Vehicles
• Passenger Cars
• Two-Wheelers
By Propulsion Technology
• Battery Electric Vehicles
• Plug-in Hybrid Electric Vehicle
Company Profiles
• BYD Co. Ltd.

3. • Contemporary Amperex Technology Co., Ltd.
• Hitachi, Ltd.
• LG Chem Ltd.
• Narada Power Source Co., Ltd.
• NEC Corp.
• Panasonic Corp.
• Samsung SDI Co., Ltd.
• Shenzhen BAK Technology Co. Ltd
• SK Innovation Co. Ltd.
• Zibo Torch Energy Co., Ltd.
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