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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Anodes, separators, and cathodes that resemble sheets are sandwiched, wrapped up, and packed into a cylindrical container to form a cylindrical cell. One of the earliest battery types to be mass-produced, this kind is still quite well-liked.
These cells are appropriate for automated production. Because cylindrical cells are already self-contained in a shell that provides adequate mechanical resistance, they are the most affordable configuration to manufacture. The technology is not only affordable but also developed, making it a format that is simple to produce.
The global EV cylindrical battery cell 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.
Proterra Inc, A pioneer in the field of commercial vehicle electrification technology, has reached an agreement with LG Energy Solution under which Proterra will have a steady supply of cylindrical cells made at a US facility owned by LG Energy Solution.
Deliveries of the American-made battery cells will be made to Proterra's factories, where they will be used to create the company's market-beating commercial electric car battery systems. In accordance with the agreement, Proterra will advance a low nine-figure sum in order to reserve several gigawatt hours of specialized U.S. battery cell capacity each year.
As part of the new partnership, Proterra will also receive battery cells made in the United States, and LG Energy Solution and Proterra have expanded their current battery supply relationship.
The engineering teams at Proterra and LG Energy Solution have been working together to maximize cell performance in order to satisfy the demanding needs of the commercial vehicle sectors.
The innovative, high nickel NMCA chemistry used in the cylindrical cells to be produced at the new LG Energy Solution facility is perfect for commercial vehicle and industrial applications. Proterra battery systems will more closely satisfy the United States' content standards once cylindrical cells made there are introduced.
BMW's next-generation EV platform will use cylindrical cells instead of square ones. The announcement follows previous confirmations of a possible large-scale supply agreement reached between BMW and the Chinese battery juggernaut CATL.
BMW is most likely going to adopt cylindrical battery cells in its next-generation platform, the "Neue Klasse," as they may be less expensive than other types of batteries.
BMW's Gen6 battery technology intends to position the business as a leader in terms of cost, efficiency, and range. The transition to cylindrical cells will be the most significant change. Unsurprisingly, the new cell's goals are to increase energy density, decrease charging time, and allow for the packing of more kWh into a given size.
BMW also wants to cut its production's emissions significantly. However, cost will see the highest numerical improvement.
| 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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