US ELECTRIC TRUCK BATTERY MARKET

INTRODUCTION

Electric vehicle batteries are in high demand across the United States as electric vehicle sales increase. Over time, the market expansion will be fueled by rising demand for high-energy-density batteries, cleaner and renewable power generating techniques, and product innovation adopted by manufacturers.

The increased demand for zero-emission vehicles, depletion of fossil fuel sources, rising fuel prices, and stricter pollution standards are all factors affecting the sales of electric vehicle batteries.

Over the next several years, the market for electric vehicle batteries is expected to rise as new batteries for electric automobiles are developed.

Due to their improved energy density and extended longevity, lithium-nickel-manganese-cobalt aluminum oxide (NMCA) alloys have gained significant market traction. This is projected to create new business prospects for companies that make batteries for electric vehicles.

US ELECTRIC TRUCK BATTERY MARKET SIZE AND FORECAST

The US 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.

NEW PRODUCT LAUNCH

Romeo Power, a US battery maker, has won a significant new contract. For its Peterbilt 579 EV and 520EV electric truck models in the US and Canada, the PACCAR Group will buy batteries.

Battery packs, modules, and battery management systems for PACCAR's battery-electric cars are all covered under the long-term supply agreement between the two parties. 

The company, which produces trucks under the names Kenworth, Peterbilt, and DAF, is regarded as the largest truck manufacturer in the country. In the US and Canada, Romeo Power's components will specifically be utilized in the Peterbilt 579 EV and 520EV models. At CES, Peterbilt presented the 220EV, a mid-size electric vehicle that uses just Dana for its electric propulsion.

COMPANY PROFILE

• Tesla Motors, Inc.
• General Motors
• Toshiba America Electronic Components Inc.
• Crown Battery Corporation
• East Penn Manufacturing Co.
• EnerSys
• Romeo Power, Inc.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perUS Electric truck battery marketright now and how will it change in next 5-6 years?
2. Average cost to set up aElectric truck battery marketinUS?
3. How manyUS 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 aUS Electric truck battery marketand key vendor selection criteria
6. Where is theUS Electric truck battery marketmanufactured? What is the average margin per equipment?
7. Market share ofUS Electric truck battery marketmanufacturers and their upcoming products
8. The most important plannedUS Electric truck battery marketin next 2 years
9. Details on network of majorUS Electric truck battery marketand pricing plans
10. Cost advantage for OEMs who manufactureUS Electric truck battery marketin-house
11. 5 key predictions for next 5 years inUS Electric truck battery market
12. Average B-2-BUS Electric truck battery marketprice in all segments
13. Latest trends inUS Electric truck battery market, by every market segment
14. The market size (both volume and value) ofUS Electric truck battery marketin 2022-2027 and every year in between?
15. Global production breakup ofUS Electric truck battery market, by suppliers and their OEM relationship