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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The battery serves as the equivalent of a fuel tank in an internal combustion engine and stores electrical energy. The battery capacity of an EV is frequently what determines its maximum rangeâthe bigger the capacity, the longer the range.
In that regard, boosting the capacity could seem like a no-brainer as long driving distances eliminate the bothersome requirement for refuelling stops every few miles. The decision is actually not as straightforward because the battery's size and weight have a significant impact on how well the car performs.
The larger and heavier battery reduces cabin/storage room and affects fuel economy and energy efficiency. Therefore, increasing the battery's energy density, or having a tiny, light battery that stores the most energy, is the greatest strategy to enhance performance.
TheTaiwan EV battery market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
The contract electronics manufacturer Foxconn Technology Group of Taiwan began constructing its first facility to make electric-car batteries, marking its most recent entry into the burgeoning electric-vehicle market.
Lithium iron phosphate batteries, a type of battery technology promoted by Tesla Inc., will be made by Foxconn.
Foxconn, well known as the largest contract manufacturer of Apple Inc.'s iPhones, has been attempting to enter the electric car market recently in an effort to increase its profit margins.
In Taiwan, the business intends to establish a supply chain for electric vehicle batteries.
If Taiwan created a battery supply chain, it might further enhance its position in the global economy, which is already enhanced by its supremacy in the global semiconductor supply chain.
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 |