<2024.2H> Global xEV Market and Battery Supply & Demand Outlook (~2035)
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Chasm has become a term symbolizing the recent stagnation in the growth of the electric vehicle (EV) market. There are various speculations regarding the causes of this chasm. Some suggest that those who showed interest in the early stages of the EV market have already made their purchases. Others point to the cold snap in North America last winter, which caused a significant drop in EV range, as a possible factor. Concerns over EV fires, which seem to resurface from time to time, are also fueling anxiety about the market.
So, how will the market ultimately grow? This report has been updated to reflect the changes in the market caused by the chasm. It forecasts that, in the short term, traditional automakers will likely focus more on PHEVs/HEVs than BEVs. The transition to BEVs is expected to be slower compared to previous projections. In fact, a major automaker recently announced plans to launch an EREV instead of a BEV. In our classification, we categorize EREVs as PHEVs.
Additionally, due to the price competitiveness of secondary batteries, one of the major issues facing electric vehicles, we anticipate that LFP (lithium iron phosphate) batteries will expand into markets outside of China. As a result, we have separately projected the market share of LFP and non-LFP secondary batteries in our detailed market outlook.
We hope this report, which reflects key developments in the electric vehicle market, will be helpful to industry professionals.
Contents
1. Global Automotive Market Outlook---------------------------- 6
2. Global Electric LV(Light Vehicle) Market Outlook----------- 16
2.1 Electric LV Portion Outlook
2.2 Electric Passenger Car Market Outlook
2.3 EV Sales Outlook by Secondary Battery Cathode
2.4 Global Electric LV Major OEM Outlook
- VW, TESLA, R-N-M, HKMC, Stellantis, GM, Toyota, Ford, Geely,
BMW, Honda, Mercedes-Benz(Daimler), BYD
3. EV Market Outlook by Region (LV) -------------------------- 64
3.1 EV Market Outlook in USA
3.2 EV Market Outlook in N/America (except USA)
3.3 EV Market Outlook in Europe
3.4 EV Market Outlook in China
3.5 EV Market Outlook in Japan
3.6 EV Market Outlook in Korea
3.7 EV Market Outlook in Asia (except KR, CN, JP)
3.8 EV Market Outlook in Other Regions (Latin America, Oceania, Middle East, Africa)
4. Electric BUS Market Outlook--------------------------------- 110
4.1 Electric BUS Market Outlook
4.2 Electric BUS Market Outlook by Region
5. Electric TRUCK Market Outlook------------------------------ 119
5.1 Electric TRUCK Market Outlook
5.2 Electric TRUCK Market Outlook by Region
6. LIB Market and Selling Price Outlook----------------------- 127
6.1 Average EV Battery Capacity Outlook
6.2 EV Battery Selling Price Outlook
6.3 EV Battery Market Size Outlook
7. xEV Battery Market Outlook------------------------- 132
7.1 xEV Battery Demand Outlook
7.2 xEV (LV) Battery Demand Outlook
7.3 xEV (Commercial) Battery Demand Outlook
7.4 xEV (Commercial – BUS) Battery Demand Outlook
7.5 xEV (Commercial – Truck) Battery Demand Outlook
7.6 xEV Battery Demand Outlook by Region
7.7 xEV Battery Demand Outlook by Cathode
8. Battery Demand Outlook by Car Maker (LV) -------------- 143
8.1 Battery Demand Outlook by Global OEM Maker (LV)
8.2 Battery Demand Outlook by China Maker
9. Supply Outlook by LIB Maker------------------------------- 183
9.1 Battery Supply Outlook (based on Design Capacity)
9.2 Battery Supply Outlook by Production Region (based on Actual Production Capacity)
9.3 Korea Makers Outlook (based on Actual Production Capacity)
9.4 Japan Makers Outlook (based on Actual Production Capacity)
9.5 China Makers Outlook (based on Actual Production Capacity)
9.6 Europe Makers Outlook (based on Actual Production Capacity)
9.7 USA Makers Outlook (based on Actual Production Capacity)
10. Mid/Long-term Outlook for Battery Supply & Demand ------- 201
10.1 Global Mid/Long-term Supply and Demand Outlook
10.2 Mid/Long-term Supply and Demand Outlook in China
10.3 Global Mid/Long-term Supply and Demand Outlook (excl. China)
10.4 Mid/Long-term Supply and Demand Outlook in Europe
10.5 Mid/Long-term Supply and Demand Outlook in North America
[Appendix]
1. Global Automobile Regulation & EV Promotion Policy ------ 208
1.1 Timeline of ICE Phase-out by Leading Countries
1.2 Declaration of ICE Phase-out in Major Cities
1.3 Automobile Regulation and EV Promotion Policy by Leading Countries
1.3.1 Automotive Regulations and Business Status in USA
1.3.2 Automotive Regulations and Business Status in Europe
1.3.3 Automotive Regulations and Subsidy Policies in China
1.3.4 EV Subsidy Policies by Major Countries
2. EV Sales Targets by Major OEMs------------------------------ 250
3. Trends of Major OEMs------------------------------------------ 252