New energy vehicle industry

In 2020, the market share of automotive lithium batteries in the United States will reach 1.39 billion US dollars From IBISWorld

The following is the In 2020, the market share of automotive lithium batteries in the United States will reach 1.39 billion US dollars From IBISWorld recommended by recordtrend.com. And this article belongs to the classification: New energy vehicle industry.

The U.S. automotive lithium battery market will grow from $1 billion in 2017 to $1.39 billion in 2020. And the market size is expected to reach $1.99 billion in 2023 and $2.8 billion in 2025. The new U.S. government is making a lot of efforts to popularize electric vehicles in response to climate change, and the U.S. share of global demand for electric vehicles is likely to continue to increase.

Tesla is the world’s largest manufacturer of electric vehicles, but local U.S. GM and Ford are also about to launch a series of electric vehicles. Toyota, Hyundai and Volkswagen also plan to provide more electric vehicles in the United States.

According to IBISWorld, a market research firm, Panasonic battery ranked first in the U.S. automotive battery market last year. The company provides batteries for Tesla Model 3, s and X, with a 46% share of the U.S. market. LG energy solutions ranked second with 11% market share, while enersys, A123 and Samsung SDI had less than 4% market share.

At present, LG and SK take the lead in expanding the scale of EV battery factory in the United States. LG recently announced that it will increase its local manufacturing capacity in the United States at a rate of 30 to 145 GWH per year, equivalent to 2 million electric vehicles. SK is currently building a second factory in the United States. So far, SK has invested about 3 trillion won (17.4 billion yuan) in the United States and plans to increase it to at least 5 trillion won.

According to industry sources, in the near future, South Korean battery companies are expected to account for more than 50% of the U.S. electric vehicle battery supply. “By 2025, LG energy solutions and SK innovation are expected to account for 41% and 12% of U.S. EV battery manufacturing capacity, respectively,” one explained. Panasonic’s share is expected to drop to 19%. “

IBISWorld: the average cost of Chinese tourists to Australia in 2014 is 7418 yuan, ranking the first in the world. Tesla is expected to produce and deliver 1 million electric vehicles in 2021. China Automobile Industry Association: in March 2021, China’s new energy vehicle output is 216000. Passenger Association: in March 2021 Tesla’s sales volume exceeds 35000 units, a sharp increase of 90% in February 2021, the global sales volume of electric vehicles is 269743 units, a sharp increase of 136% over the same period last year In 2020, the sales volume of new energy passenger cars in Europe exceeded 1.36 million, surpassing that of Beijing, China for the first time. Model 3 accounted for 72% of Tesla’s total annual delivery in 2020. In January 2021, BYD sold 14463 pure electric vehicles, with a year-on-year increase of 181.16%. In the top 15 list of green energy wealth millionaires, Chinese entrepreneurs accounted for 12

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