Asia-Pacific Electric Vehicle Battery Market - Growth, Trends, and Forecasts (2023 - 2028)
The Asia-Pacific electric vehicle battery market is expected to grow with a CAGR of around 15% during the forecast period. The COVID-19 pandemic did not significantly affect the electric vehicle battery market, as there was a sharp increase in the Electric Vehicle (EV) units manufactured in the year 2020 in the Asia-Pacific region.
Key HighlightsThe Asia-Pacific Electric Vehicle battery market is fragmented. Some of the key players (in no particular order) include LG Energy Solution, Panasonic Holdings Corporation, BYD Ord Shs A, Contemporary Amperex Co Ltd (CATL), and SK Innovation Co Ltd.
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