SOUTH AFRICA ELECTRIC TRUCK BATTERY MARKET

INTRODUCTION

As internal combustion engine vehicles lose market share to electric vehicles, there will likely be a rise in demand for lithium-ion batteries. Lithium-ion cells are frequently used in automotive battery packs. In these batteries, the chemical that stores the energy is known as the "energy carrier," and it is lithium. 

It is very practical due to its high energy-to-weight ratio. This is a crucial consideration because the size of the entire battery array required to power, say, a heavy-duty truck, is fairly large and can result in a significant increase in the vehicle's weight.

Heavy-duty vehicles may have as many as six battery packs, each of which can weigh up to 500 kg. However, batteries are also advancing quickly in order to increase their capacity per kilogramme.

SOUTH AFRICA ELECTRIC TRUCK BATTERY MARKET SIZE AND FORECAST

The South Africa 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.

MARKET DYNAMICS

The first customer driving evaluation and feedback sessions for the Volta Zero Design Verification prototype have been completed by Volta Trucks, the industry-leading and innovative provider of full-electric commercial vehicles and services.

Customers were given their first exposure to the medium-duty truck with zero tailpipe emissions that is intended for urban logistics through the review. 

Proterra, a top innovator in commercial vehicle electrification technology, has been chosen by Volta Trucks as the Volta Zero's battery provider. The Volta Zero will have a real-world range of 200 kilometres on a single charge thanks to the Proterra-supplied battery.

For the majority of inner city logistics and distribution vehicles, which spend the majority of their working time in slow-moving start-and-stop traffic, this distance is more than sufficient.

According to a statement published by AEVERSA, significant cost reductions were obtained when testing the battery-electric N55 truck by Chinese automaker JAC Motors. The bakery's new N55 EV is powered by an impressive 96.77 kWh capacity LFP battery.

With a typical European CCS2-Combo connection, the battery may be recharged to 80% of its original capacity in under one hour and to 100% in one and a half hours. When 20 percent of the State of Charge (SoC) is viewed as empty, the battery's range is 200 to 240 km.

COMPANY PROFILE

• Proterra
• AEVERSA (Applied Electric Vehicle Energy Reticulation Systems Africa)
• Ford
• Northvolt
• Volkswagen

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perSouth Africa Electric Truck Battery Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up anElectric Truck Battery MarketinSouth Africa?
3. How manySouth Africa Electric Truck Battery Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aSouth Africa Electric Truck Battery Marketand key vendor selection criteria
6. Where is theSouth Africa Electric Truck Battery Market manufactured? What is the average margin per equipment?
7. Market share ofSouth Africa Electric Truck Battery Marketmanufacturers and their upcoming products
8. The most important plannedSouth Africa Electric Truck Battery Marketin next 2 years
9. Details on network of majorSouth Africa Electric Truck Battery Marketand pricing plans
10. Cost advantage for OEMs who manufactureSouth Africa Electric Truck Battery Marketin-house
11. 5 key predictions for next 5 years inSouth Africa Electric Truck Battery Market
12. Average B-2-BSouth Africa Electric Truck Battery Marketprice in all segments
13. Latest trends inSouth Africa Electric Truck Battery Market, by every market segment
14. The market size (both volume and value) of the SouthAfrica Electric Truck Battery Marketin 2022-2027 and every year in between?
15. Global production breakup ofSouth Africa Electric Truck Battery Market, by suppliers and their OEM relationship