Germany Electric Vehicle Battery Market Growth, Forecast and Value Chain 2019 – 2026
In recent time, global trend of the automobile segment has been shifting towards the electric vehicle due to the higher toxic emission issues. The integral component of the electric vehicles is the battery, which are responsible for the uninterrupted supply of the power to drive the vehicles. These batteries slightly different from the traditional one and designed in such a way that they can supply the power over sustainable period of time. However, still multiple of the research going on so that the efficiency of the electric vehicles can be enhanced and the need of the recharging can be minimised.
Nowadays, German government promising steps to support electric vehicle market in the region bolstering the market growth of electric vehicle battery in the region. For instance, under the environmental bonus plan €4,000 for non-hybrid electric cars, and €3,000 for plug-in hybrids announced by the government which is limited to €1.2 billion. In addition, government also planning to invest about 500 million euros facilitating research and development of both existing and next-generation EV battery cell technology, so that domestic production of the electric vehicle battery can be prioritised in the region. The participation of the major giants such as TESLA and Volkswagen decision to invest for the battery plant in the region also expected to propel the growth of Electric Vehicle Battery market in Germany. However, the adequate investments for the battery production still acts as the growth hindering factor for Germany Electric Vehicle Battery Market.
Request for Sample Report – https://www.gmiresearch.com/report/germany-electric-vehicle-battery-market/sample-request
Various notable players in the market includes BMZ group, Liacon Batteries, Customcells, EAS Batteries and TerraE, Contemporary Amperex Technology Ltd., TESLA, Volkswagen, Bosch, VARTA AG etc
The Germany 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
Request for Customization – https://www.gmiresearch.com/report/germany-electric-vehicle-battery-market/request-for-customization
Key questions answered in this research report:
1- At what pace is Germany 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?
• Battery Type
• Lithium Ion Battery
• Lead Acid Battery
• By Vehicle Technology
• Battery Electric Vehicles
• Hybrid Electric Vehicles
• Plug-in Hybrid Electric Vehicles
• Vehicle Type
• Electric Car
• Electric Buses and Trucks
Leading market players
o BMZ group
o Liacon Batteries
o EAS Batteries
o Contemporary Amperex Technology Ltd.
o VARTA AG
For Additional Insights Click to Access Complete Report – https://www.gmiresearch.com/report/germany-electric-vehicle-battery-market/
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.
Company Name: GMI RESEARCH
Contact Person: Media Relations
Email: Send Email
Phone: +353 1 442 8820
Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate