France Electric Vehicle Battery Market to Exhibit Growth at a Steady Pace Through 2026, says GMI Research

France Electric Vehicle Battery Market Insights

EV batteries are one of the most important components of the electric vehicles and being responsible consistent power supply. The entire dynamics of the electric vehicle being dependent upon the power supply of the battery. Therefore, the electric batteries are designed in such a way that they can supply power over sustainable period of time. The current battery capacity ranges from 15 – 25 kW in the compact electric cars whereas 60kWH being found in the premium range segment. However, the researchers are still trying to achieve an optimal solution for the cost, durability and recharging needs.

The global automobile trend has been shifting towards the electric vehicle segment with the rising environmental concerns. The government support and initiatives are the key factors that is expected to bolster the Electric Vehicle Battery Market. For instance, French President Emmanuel Macron announced 700 million euros investment to boost the European EV battery industry. The step was been taken to reduce dependency of domestic car manufacturers on the Asian rivals. In 2009, the announcement of 14-point national plan by the France has been reflecting in the rising sales of the electric vehicles which in turn also driving the France Electric Vehicle Battery Market. The plan includes the bonus on the different electric vehicle for CO2 based bonusmalus car purchasing scheme. However, previously the incentives provided was €10,000 on BEVs, and currently set at €6300. On the other hand, high investment requirements for the establishment of the electric vehicle battery manufacturing acts as the major growth hindering factor for the France Electric Vehicle Battery Market.

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Various notable players in the market includes Renault, the CEA (French Atomic Energy and Alternative Energies Commission), and Nissan, Saft, Elecsys France, EEMB, Liten CEA Tech, Tesla France, Opel etc

The France Electric Vehicle Battery Market has been segmented on the basis of battery type, Vehicle Technology Vehicle Type – opportunity and forecast 2019 – 2026. Based on battery type, the market comprises of Lithium Ion Battery, Lead Acid Battery, and others. Vehicle Technology segment categorised into Battery Electric Vehicles, Hybrid Electric Vehicles, Plug-in Hybrid Electric Vehicles. On the basis of Vehicle Type market classified into Electric Car, Two-Wheeler, Electric Buses and Trucks and Others

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Key questions answered in this research report:
1- At what pace is France Electric Vehicle Battery Market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the various application areas and how they are poised to grow?

Market Segmentation
• Battery Type
• Lithium Ion Battery
• Lead Acid Battery
• Others

• By Vehicle Technology
• Battery Electric Vehicles
• Hybrid Electric Vehicles
• Plug-in Hybrid Electric Vehicles

• Vehicle Type
• Electric Car
• Two-Wheeler
• Electric Buses and Trucks
• Others

Leading market players
o Renault,
o Nissan
o Saft
o Elecsys France
o Liten
o CEA Tech
o Tesla France
o Opel

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About GMI Research

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

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