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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
A battery serves as the energy storage device in an electric truck. Whether a vehicle is all-electric (AEV) or plug-in hybrid electric can affect the battery type (PHEV).
Modern battery technology is made for longer life (typically about 8 years or 100,000 miles). In moderate climbs, certain batteries can endure for 12 to 15 years; in harsh climates, they can last for 8 to 12 years.
Electric vehicles often employ one of four different types of batteries: lithium-ion, nickel-metal hydride, lead-acid, or ultracapacitors.
The lithium-ion battery is the most typical battery type used in electric trucks. This type of battery might seem familiar to you because it is used in the majority of portable electronics, including laptops and cell phones.
The Germany Electric truck battery market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
The German state of Thuringia has just given its second partial clearance for commissioning to Contemporary Amperex Technology Thuringia GmbH (CATT), the company that is responsible for producing CATL's first battery cell production facility outside of China.
The first battery factory in Germany, the CATL plant, has received approval for a starting capacity of 8 GWh annually. In the upcoming years, the company aims to reach a 14 GWh production capacity and add more than 2,000 employment in Germany.
It is situated in the Erfurter Kreuz industrial district in Amt Wachsenburg, Thuringia state, which is seen as an ideal position to supply high-quality goods and services to the nation's main automakers, thereby encouraging the transition to electric transportation and energy in Europe.
The energy transformation is desperately needed, and CATT is happy to be the first company to be given the go-ahead to produce batteries. Designed in Germany
| 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, 2022-2027 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
| 21 | Product installation rate by OEM, 2022 |
| 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, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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