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Battery, EV

<2025> Global Battery Supply and Demand Outlook by Car OEM (~2035)

 

 

Chasm has become a term symbolizing the recent stagnation in the growth of the electric vehicle market.

 

There are various hypotheses regarding the causes of this chasm. Some suggest that early adopters of EVs have already made their purchases, leading to a slowdown in new demand. Others attribute it to the significant reduction in EV driving range caused by the severe cold wave in North America last winter. Additionally, concerns about recurring fire incidents have contributed to consumer apprehension about EVs.

 

So, how will the market ultimately grow? In response to this question, SNE Research released its "<2024.2H> Global Electric Vehicle Market and Battery Supply-Demand Outlook (~2035)" last October.

 

However, industry stakeholders have requested more specific market forecasts, including expectations on which battery suppliers major OEMs will choose, changes in battery form factors, and the usage proportion of major cathode materials.

 

SNE Research has published this report to address these various industry inquiries. The newly released "<2025> Global Battery Supply and Demand Outlook by Automotive OEM (~2035)" provides a detailed forecast of electric vehicle production and battery supply for major OEMs, including Tesla, Volkswagen, Hyundai Motor Group, Toyota, Renault-Nissan-Mitsubishi, Stellantis, Ford, GM, BMW, Mercedes-Benz, Geely (the parent company of Volvo’s passenger car division), and BYD. The report categorizes and forecasts the supply sources of secondary batteries used in these OEMs' electric vehicles by region (North America, Europe, China, and other markets), major battery suppliers, cathode materials (NCx/LFP), and form factors (prismatic, pouch, cylindrical).

 

The regional and cathode material data for the overall OEM electrification outlook is based on the figures from the "<2024.2H> Global Electric Vehicle Market and Battery Supply-Demand Outlook (~2035)" report, released in October.

 

 

 

We hope that this report, which provides a detailed forecast of major car makers leading the future electric vehicle market, will be valuable to industry stakeholders.

 

Contents

 

 

 

1. Global Passenger EV Market Outlook

 

1.1 Global Passenger Vehicle Electrification Rate Outlook         ----------------- 05

 

1.2 Global Electric Passenger Vehicle Sales Outlook by Region  ----------------- 06

 

1.3 Global Battery Demand Outlook for Electric Passenger Vehicles by Region---08

 

1.4 Global Electric Passenger Vehicle and Battery Demand Outlook by Region---10

 

1.5 Global Battery Demand for Electric Passenger Vehicles by Cathode Material---11

 

 

 

2. Global Major OEM EV Market Outlook

 

2.1 Global Major OEM Electric Passenger Vehicle Sales Outlook ------------       15

 

2.2 Global Major OEM Electric Passenger Vehicle Sales Proportion Outlook ---- 16

 

2.3 Global Major OEM Electric Passenger Vehicle Sales Forecast by Manufacturer--17

 

2.4 Global Major OEM Battery Demand Outlook for Electric Passenger Vehicles ---18

 

 

 

3. Global Major OEM EV Market Outlook by Manufacturer

 

3.1 Tesla          ------------------------------------------------------------------      27

 

3.2 VW(Volkswagen)    ---------------------------------------------------------      66

 

3.3 HKMC(Hyundai-Kia) ----------------------------------------------------------     105

 

3.4 Toyota       -------------------------------------------------------------------     141

 

3.5 R-N-M(Renault-Nissan-Mitsubishi Alliance)  -------------------------------     183

 

3.6 Stellantis    ------------------------------------------------------------------      222

 

3.7 Ford           -----------------------------------------------------------------       256

 

3.8 GM            ------------------------------------------------------------------      295

 

3.9 BMW         ------------------------------------------------------------------      329

 

3.10 Mercedes-Benz     ---------------------------------------------------------      368

 

3.11 Geely       ------------------------------------------------------------------      407

 

3.12 Honda      ------------------------------------------------------------------      441

3.13 BYD         ------------------------------------------------------------------      480