RUSSIA EV BATTERY MARKET

INTRODUCTION

In cars, a battery serves as a backup power source. A secondary (rechargeable) battery is what an electric car uses. It does not need a combustion engine for propulsion since it uses chemical energy that is stored in rechargeable battery packs.

The propulsion of battery electric cars is provided by an electric vehicle battery, often known as a traction battery. Over the past two decades, the development of lithium-ion technology has accelerated the expansion of batteries.

Although Li-ion batteries have been the main choice for manufacturers to power plug-in hybrid electric vehicles (PHEVs) and battery electric cars, the first hybrid vehicles used Nickel Metal Hydride (NiMH) batteries (BEVs).

Li-development ion's as technology has increased because of their high energy density, charge holding capacity, and ease of maintenance.

RUSSIA EV BATTERY MARKET SIZE AND FORECAST

The Russia EV Battery Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

MARKET DYNAMICS

The biggest automaker in Russia, AVTOTOR, chose ENERTECH as its initial battery provider for electric vehicles. It is known that ENERTECH will provide AVTOTOR with 4-gigawatt hours (GWh).100,000 high-capacity batteries for electric vehicles will be provided by it.

In order to meet the delivery timetable for electric cars, AVTOTOR has also chosen to place extra supply orders with ENERTECH. In accordance with the New Year's order deal, ENERTECH also wants to increase the size of its Russian facility.

Additionally, it is thinking of enlarging its nearby facility or opening a new one. The state-run automaker in Russia gave the identical battery order to ENERTECH in the second half of the previous year.

The 3 GWh lithium-ion battery manufacturing plant will be built in Kaliningrad, a Russian region with the same name that is situated along the Baltic coast between Poland and Lithuania.

Rosatom is a state-owned nuclear energy company in Russia. The facility is anticipated to make lithium-ion batteries based on a technology created by a South Korean firm, with an initial capacity of 2 GWh. Because domestic automakers are expected to utilise the majority of the plant's output, the firm will significantly aid in the implementation of the state policy of import substitution.

COMPANY PROFILE

• Rosatom
• AVTOTOR
• Energon
• BASF
• POSCO Chemical
• Stellantis

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. How many EV Battery are manufactured per annum in Russia? Who are the sub-component suppliers in this region?
2. Cost breakup of a Russia EV Battery and key vendor selection criteria
3. Where is the EV Battery manufactured? What is the average margin per unit?
4. Market share of Russia EV Battery market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Russia EV Battery in-house
6. key predictions for next 5 years in Russia EV Battery market
7. Average B-2-B EV Battery market price in all segments
8. Latest trends in EV Battery market, by every market segment
9. The market size (both volume and value) of the EV Battery market in 2023-2030 and every year in between?
10. Production breakup of EV Battery market, by suppliers and their OEM relationship