United States Electric Vehicle Battery Market Size- By Battery Type, By Battery Capacity, By Pack Type, By Vehicle Type, By Vehicle Category, By Sales Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

United States Electric Vehicle Battery Market Size- By Battery Type, By Battery Capacity, By Pack Type, By Vehicle Type, By Vehicle Category, By Sales Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

United States Electric Vehicle Battery Market Introduction and Overview

According to SPER market research, ‘United States Electric Vehicle Battery Market Size- By Battery Type, By Battery Capacity, By Pack Type, By Vehicle Type, By Vehicle Category, By Sales Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the United States Electric Vehicle Battery Market is predicted to reach USD 10.08 billion by 2033 with a CAGR of 5.68%.

The batteries within electric vehicles (EVs), also referred to as EV batteries, power their propulsion systems, allowing them to function independently of conventional internal combustion engines. Lithium-ion cells, which chemically store electrical energy and release it to power the vehicle’s electric motor, are the usual components of these batteries. An electric vehicle’s battery pack’s size and efficiency have a significant impact on its performance and range.

The COVID-19 epidemic has a significant impact on the market expansion for EV batteries. Because the outbreak hindered the mining of resources like aluminum, nickel, cobalt, and lithium, the production of batteries was delayed. The disruption of supply chains and manufacturing facilities brought on by the scarcity of raw materials ultimately resulted in a drop in the sales of electric vehicles.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Battery Type, By Battery Capacity, By Pack Type, By Vehicle Type, By Vehicle Category, By Sales Channel

Regions covered Eastern, Western, Northern, Southern

Companies Covered

Crown Battery Corporation, Tesla Motors Inc, Wanxiang Group Corporation, General Motors, Romeo Power Inc, Panasonic Corporation, EnerSys, Toshiba America Electronic Components Inc, East Penn Manufacturing Co, Clarios LLC, Others.

United States Electric Vehicle Battery Market Segmentation

By Battery Capacity: Based on the Battery Capacity, United States Electric Vehicle Battery Market is segmented as; Less than 25 kWh, 25 to 50 kWh, 51 to 100 kWh, More than 100 kwh.

By Vehicle Type:Based on the Vehicle Type, United States Electric Vehicle Battery Market is segmented as; Hybrid Electric Vehicles, Plug-in-Hybrid Electric Vehicles, Battery Electric Vehicles.

By Vehicle Category: Based on the Vehicle Category, United States Electric Vehicle Battery Market is segmented as; Two Wheelers, Passenger vehicles, Commercial Vehicles.