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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Lithium nickel manganese cobalt oxides (Li-NMC) and lithium metal phosphates (Lithium iron phosphates) are two of the most often used chemical compounds for the cathode (LFP). Graphite is currently the most widely used chemical for the anode.
A battery electric vehicle or hybrid electric vehicle electric motors are powered by a rechargeable battery known as an electric vehicle battery (EVB, often referred to as a traction battery) (HEV). They are made especially for high electric charge (or energy) capacity lithium-ion batteries.
The global EV battery components market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Mahindra and Volkswagen have a contract in place to investigate using MEB electric parts in Mahindra's new "Born Electric Platform.
" Both businesses will assess the potential for cooperation. Mahindra & Mahindra (M&M), a global leader in the automotive industry, wants to expand its line of electric vehicles (EVs) and is looking into collaborations to increase its ability to get parts from other businesses.
A long-term strategic supply agreement for EV (electric vehicle) cathode materials in Europe has been agreed by Umicore and Automotive Cells Company (ACC), a joint venture between Stellates, Mercedes-Benz, Total Energies, and its subsidiary Saft.
From its brand-new production facility in Nysa, Poland, Umicore will provide next-generation high nickel cathode materials to ACC's next large-scale European battery plants.
With first commercial volumes anticipated in early 2024, the long-term arrangement will begin with an annual offtake commitment of 13 GWh to a significant platform of a European automaker. Umicore and ACC both want to grow their collaboration with the potential to increase yearly supply volumes .
Ford today unveiled a number of initiatives for obtaining raw materials and battery capacity that show the way to its desired annual run rate. Along with its current nickel cobalt manganese (NCM) chemistry, Ford is now offering lithium iron phosphate (LFP) cell chemistry.
This increases the supply of products in high demand and gives clients many years of operation with little range loss. Additionally, it lessens Ford's reliance on scarce essential minerals like nickel and results in a 10â15% reduction in the cost of materials compared to NCM batteries.
By collaborating with top battery manufacturers worldwide, the company verified that it has acquired all 60 gigawatt hours (GWh) of annual battery cell capacity required to support this 600,000 EV run rate.
Ford said that starting next year, Contemporary Ampere Technology Co., Ltd. (CATL) will offer entire LFP battery packs for Mustang Mach-E models and F-150 Lightnings in North America.
The Current Sensor Module (CSM) and the Battery Impact Detection (BID) system are two new sensors from Continental that are being introduced for electric vehicles. Both of the new technologies put a strong emphasis on maintaining battery parameters or safeguarding the battery.
This year will see the introduction of the high-voltage Current Sensor Module (CSM), which simultaneously measures current and monitors temperature. A lightweight substitute for bulky underfloor "armoring" against damage is the Battery Impact Detection (BID) system.
The two critical pieces of information for battery protection and accurate driving range monitoring will be provided by the CSM, which can be included either in the battery disconnect unit or in the battery itself.
One of the top manufacturers of EV battery parts is Panasonic, which also produces EV packs. A battery management system (BMS) that regulates the charging and discharging of the batteries is part of an EV pack, which is a comprehensive battery system with numerous battery modules. As it supplies the energy that powers the electric motor, the EV pack is a crucial part of an electric vehicle.
Panasonic's electric vehicle (EV) batteries are made to be small and light while still providing excellent performance and dependability. To fulfill the distinct power and energy needs of various types of vehicles, the packs are constructed from a number of battery modules that may be arranged in various ways.
The battery modules are built using modern lithium-ion battery technology from Panasonic, which offers excellent energy density and extended cycle life. The battery management system (BMS) is a component of Panasonic's EV packs in addition to the battery modules.
It controls the charging and discharging processes and keeps track of the batteries' health and charge status to guarantee optimal performance and safety. The BMS also gives real-time data to the vehicle's management system, which enables the vehicle to maximize its range and energy efficiency.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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