Electric Vehicle (EV) Battery Components Market - By Battery Form, Propulsion, Vehicle, Battery Chemistry, Forecast, 2026 – 2035

Electric Vehicle Battery Components Market Size

The global electric vehicle (EV) battery components market was estimated at USD 117.2 billion in 2025. The market is expected to grow from USD 145.1 billion in 2026 to USD 563.7 billion in 2035, at a CAGR of 16.3%, according to latest report published by Global Market Insights Inc.

The rapid global expansion of electric vehicle adoption is fundamentally reshaping automotive powertrain development and supply chains. EV battery components ranging from cells and modules to cathodes, anodes, battery management systems (BMS), and thermal solutions have become the core enablers of vehicle range, performance, safety, and cost competitiveness. As OEMs transition from internal combustion platforms to dedicated electric architectures, battery components are no longer treated as standalone parts but as tightly integrated systems that determine vehicle viability and lifecycle economics.

For example, in October 2025, Toyota and Sumitomo Metal Mining announced significant progress in developing cathode materials for solid-state batteries, targeting safer, higher-performance battery chemistry and future EV applications with mass production planned by 2028. This underscores how automotive and materials companies are advancing core battery component technologies.

The EV battery components market is also benefiting from large-scale investments and strategic partnerships between automakers, battery cell producers, material suppliers, and semiconductor companies. Vertical integration strategies such as in-house battery pack assembly, localized cell manufacturing, and joint ventures for cathode and anode materials are helping OEMs secure supply, reduce costs, and improve quality control. These collaborations enable faster commercialization of new battery technologies while mitigating risks associated with raw material volatility and geopolitical supply constraints.

At the same time, manufacturers are increasingly validating battery components through extensive testing and lifecycle optimization to ensure durability, thermal safety, and compliance with global standards. Improvements in battery management systems, cooling architectures, and structural enclosures extend battery life and enhance vehicle reliability. This system-level optimization allows EV platforms to achieve predictable performance over long operating lifetimes, supporting warranty confidence and residual value in both consumer and fleet markets.

The post-pandemic emphasis on energy security, emissions reduction, and domestic manufacturing has further strengthened the EV battery components market. Governments across major economies are introducing incentives, localization requirements, and funding programs to support battery production and raw material processing. These policies accelerate gigafactory construction, material refining capacity, and recycling infrastructure, reinforcing the long-term scalability and sustainability of battery component supply chains.

Regionally, North America and Europe represent high-value markets for EV battery components, driven by strict emission regulations, ambitious electrification targets, and strong OEM investment in premium and mass-market EV platforms. Battery components in these regions are increasingly focused on safety compliance, recyclability, and traceability, driving demand for advanced BMS, thermal systems, and high-performance materials.

Asia-Pacific remains the global production and growth hub for EV battery components, supported by large-scale manufacturing capacity, strong government backing, and leadership in battery chemistry innovation. China, Japan, and South Korea dominate cell production, cathode and anode materials, and battery electronics, supplying both domestic EV demand and export markets. The region’s strength in cost-efficient manufacturing, technology scaling, and supply chain integration positions it as the backbone of the global EV battery components industry.

Electric vehicle battery components Market Trends

Automakers and battery manufacturers are increasingly adopting LFP and low-cobalt chemistries to reduce dependence on volatile and geopolitically sensitive materials. These components offer improved cost stability, longer cycle life, and enhanced thermal safety, making them attractive for mass-market EVs and commercial fleets. The trend supports affordability and supply-chain resilience while meeting acceptable energy-density requirements for urban and regional mobility use cases.

Battery component suppliers are integrating aluminum alloys, advanced steels, and composite materials into enclosures and module structures to reduce overall vehicle weight. Lightweighting improves driving range, energy efficiency, and payload capacity without increasing battery size. This trend is particularly important as battery packs grow larger and heavier, pushing OEMs to optimize structural components while maintaining crash safety and thermal protection standards.

OEMs and leading battery players are increasingly controlling upstream and downstream battery component production, including electrodes, cells, modules, and packs. Vertical integration helps reduce costs, secure raw material supply, improve performance customization, and accelerate innovation cycles. This approach also enables tighter integration between battery design and vehicle platforms, supporting software-defined vehicles and improving long-term margin stability.

In January 2025, General Motors signed a multi-billion-dollar agreement with Vianode for synthetic graphite anode materials for EV batteries, reflecting OEM efforts to integrate upstream material supply and reduce dependency on external markets.

Growing EV adoption is accelerating investment in battery recycling components such as cathode recovery systems, separation materials, and processing equipment. Recycling reduces raw material dependency, lowers environmental impact, and supports circular battery ecosystems. Component suppliers are developing scalable recovery solutions to reclaim lithium, nickel, cobalt, and graphite, helping stabilize supply chains while complying with emerging sustainability and extended producer responsibility regulations.

EV manufacturers are transitioning toward 800V and higher battery architectures, driving demand for advanced battery components capable of handling higher power loads. This trend enables faster charging, improved efficiency, and reduced heat generation. As ultra-fast charging becomes consumer expectation, battery modules, connectors, insulation materials, and power electronics are being redesigned to support higher voltages safely and reliably across vehicle segments.

Electric Vehicle Battery Components Market Analysis

Based on propulsion, the electric vehicle battery components market is divided into BEV, PHEV, and HEV. The BEV segment dominated the electric vehicle (EV) battery components market, accounting for around 49% in 2025 and is expected to grow at a CAGR of more than 17% through 2035.

• The electric vehicle (EV) battery components industry is largely dominated by Battery Electric Vehicles (BEVs) due to their complete reliance on battery power, which drives higher demand for battery cells, modules, and associated components. BEVs require large-capacity lithium-ion batteries to deliver longer driving ranges, faster charging, and consistent performance, making them the primary driver of the EV battery components market. Leading automakers, including Tesla, BYD, and Volkswagen, are investing heavily in BEV production and battery supply chains, which further consolidates their dominance in the market.
• Government policies and incentives worldwide favor zero-emission vehicles, particularly BEVs, to achieve climate goals and reduce dependency on fossil fuels. BEVs’ simpler drivetrain design compared to hybrids or PHEVs allows for optimized battery integration, while growing adoption in passenger cars, commercial fleets, and public transport accelerates the demand for high-quality, scalable battery components, reinforcing the segment’s market dominance globally.
• For example, In May 2025, CATL announced the industrial?scale launch of its TENER Stack ultra?large capacity energy storage system, demonstrating advancements in high?density battery technology that support both EV battery component demand and broader electrification applications.

Based on battery form, the EV battery components market is segmented into cylindrical, pouch, and prismatic. The cylindrical segment dominates the market accounting for around 64% share in 2025, and the segment is expected to grow at a CAGR of over 15.7% from 2026-2035.

• The electric vehicle (EV) battery components market is dominated by the cylindrical segment due to its proven performance, high energy density, and superior thermal management capabilities. Cylindrical cells, widely used by leading EV manufacturers such as Tesla and Panasonic, provide consistent quality, long lifecycle, and scalable production, making them ideal for both passenger and commercial EV applications. Their standardized sizes and modular design simplify integration into battery packs, enabling easier assembly, maintenance, and recycling.
• Cylindrical cells offer enhanced safety features, better heat dissipation, and reliability under high current loads, which are critical for EV performance and longevity. The combination of mass manufacturing experience, cost efficiency, and adaptability to high-voltage architectures reinforces cylindrical cells as the preferred choice in the global EV battery components market.
• For example, in November 2025, Panasonic Energy agreed to supply cylindrical 2170 batteries to Amazon’s autonomous vehicle unit Zoox from 2026, underscoring ongoing demand for cylindrical cells across EV and EV?related applications.
• The pouch segment is expected to experience a faster growth of more than 18.8% over the forecast period, driven by its lightweight design, high energy density, and flexibility in shape and size. Pouch cells are ideal for modern EV architectures where space optimization and weight reduction are critical, particularly for electric SUVs, compact cars, and commercial EVs. Pouch batteries allow better thermal management and can be easily scaled into larger modules for high-voltage applications. Their adaptable form factor supports innovative pack designs and integration into both passenger and commercial EVs. The rising adoption of advanced battery chemistries such as NMC and LFP in pouch form, coupled with growing investments by OEMs and battery manufacturers, is accelerating the segment’s growth globally.

Based on vehicle, the global electric vehicle battery components market is divided into passenger cars and commercial vehicle. The passenger cars segment held the major market share in 2025.

• The passenger cars segment is the largest market segment in the electric vehicle (EV) battery components market because it represents the highest volume of EV adoption globally. Increasing consumer preference for battery electric vehicles (BEVs) and plug-in hybrids (PHEVs) in countries like China, the US, and Europe is driving strong demand for high-capacity battery packs, cells, and associated components. Passenger EVs require efficient, reliable, and safe battery systems to deliver longer driving ranges and faster charging capabilities, making battery components a critical focus for automakers.
• Moreover, government incentives, stricter emission regulations, and the shift toward zero-emission transportation are accelerating passenger EV adoption. Leading OEMs such as Tesla, Volkswagen, Hyundai, and BYD are investing heavily in passenger EV models and their battery supply chains, which further fuels growth. Technological advancements in lithium-ion chemistries, thermal management, and battery management systems are increasingly tailored to passenger vehicles, reinforcing this segment as the largest market in the global EV battery components industry.
• For example, in December 2025, Tesla announced a major investment to expand battery cell production at its German gigafactory in Grünheide, with plans to produce up to 8 GWh of cells annually by 2027. This expansion demonstrates how a leading EV manufacturer is scaling battery component capability primarily for passenger electric vehicles, reinforcing the segment’s dominance in driving battery demand.
• The commercial vehicle segment is expected to grow with a CAGR of more than 17.1% due to the increasing electrification of delivery vans, trucks, and buses, driven by stricter emission regulations, government incentives, and rising demand for low-emission urban logistics solutions. Fleet operators are investing in electric commercial vehicles to reduce fuel costs, meet sustainability targets, and comply with city-specific zero-emission zones, making battery components critical for reliable operations.

Based on battery chemistry, the electric vehicle battery components market is divided into lithium iron phosphate, nickel cobalt aluminum, nickel manganese cobalt, lithium manganese oxide, and others. The Nickel Manganese Cobalt (NMC) segment dominated the electric vehicle (EV) battery components market.

• The Nickel Manganese Cobalt (NMC) segment dominates the electric vehicle (EV) battery components market due to its optimal balance of energy density, safety, and cost-effectiveness. NMC chemistry provides higher energy density compared to lithium iron phosphate (LFP) batteries, enabling longer driving ranges, which is a critical factor for passenger EVs and commercial electric vehicles. Automakers such as Tesla, BMW, and Hyundai are increasingly adopting NMC-based cells for their EV models, ensuring high performance and competitive range, while maintaining thermal stability and longevity of battery packs.
• NMC batteries benefit from global supply chains and established manufacturing expertise. Major battery manufacturers like CATL, LG Energy Solution, and Panasonic are investing heavily in NMC production, scaling up cathode and cell manufacturing to meet rising global demand. The combination of superior energy density, proven reliability, and compatibility with fast-charging systems continues to reinforce NMC as the preferred choice, driving its dominance in the EV battery components market across passenger and commercial segments.
• The lithium manganese oxide segment is expected to grow with a CAGR of more than 17.8% due to low cost, high thermal stability, enhanced safety profile, and increasing adoption in entry-level EVs, hybrid vehicles, power tools, and energy storage systems, particularly in cost-sensitive and high-temperature operating market.

The electric vehicle battery components market in China is expected to experience significant and promising growth from 2026-2035.

• The China electric vehicle (EV) battery components market is experiencing robust growth due to strong domestic EV demand, deep manufacturing integration, and policy-driven supply chain localization. China hosts the world’s largest EV production base, creating sustained demand for cathodes, anodes, separators, electrolytes, and battery casings. Extensive upstream control over lithium refining, cathode processing, and graphite anode production enables cost efficiencies, rapid scaling, and stable supply. Government incentives, production-linked subsidies, and long-term industrial planning further accelerate capacity expansion and technology adoption across battery component segments.
• Additionally, rapid innovation and vertical integration among Chinese battery manufacturers are strengthening market momentum. Companies are investing heavily in LFP chemistry, high-nickel cathodes, silicon-based anodes, and advanced battery packaging to improve safety, energy density, and cost performance. Close collaboration between OEMs, battery makers, and material suppliers shortens development cycles and speeds commercialization. Export growth of Chinese EVs is also driving higher-quality, regulation-compliant battery components, reinforcing China’s leadership in global EV battery supply chains.
• In September 2025, CATL announced its new battery plant in Hungary is expected to begin production by early 2026, marking continued expansion of Chinese battery component manufacture into Europe and reinforcing China’s global EV battery influence.
• India is emerging as a strong growth market for electric vehicle (EV) battery components due to government incentives, rising domestic EV adoption, and rapid expansion of local battery manufacturing. Policies such as the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) scheme, PLI incentives for battery cell production, and tax benefits for EV manufacturers are driving component demand. Moreover, increasing investments by global and domestic players in gigafactories, battery packs, and lithium-ion component supply chains are strengthening India’s EV ecosystem.

The electric vehicle battery components market in Germany is expected to experience significant and promising growth from 2026 to 2035.

• Europe accounts for over 31% of the Electric vehicle (EV) battery components market in 2025 and is expected to grow at a CAGR of around 14.5% due to strong regulatory support, increasing EV adoption, and investments in local battery manufacturing capacity. EU regulations on CO? emissions, electrification mandates, and incentives for clean mobility are driving demand for battery cells, packs, and related components across passenger and commercial EV segments.
• Germany is a strong electric vehicle (EV) battery components market leader due to its advanced automotive manufacturing ecosystem, high EV adoption rates, and strong focus on technological innovation. Home to leading automakers such as Volkswagen, BMW, and Mercedes-Benz, Germany benefits from vertically integrated supply chains and substantial R&D investments in battery chemistry, thermal management systems, and energy-dense cells. Government incentives for EV adoption, subsidies for battery manufacturing, and stringent emission standards are further accelerating the growth of the battery components market, encouraging the localization of production and advanced component development.
• In addition, Germany’s strong industrial base supports collaborations between OEMs, battery manufacturers, and technology suppliers to optimize component design and production. Investments in giga factories, cathode and anode materials, and high-voltage battery systems enhance the country’s competitive edge. The focus on high-quality, safe, and durable components for both passenger and commercial EVs ensures Germany remains a global leader in EV battery component innovation and production, contributing to Europe’s broader battery ecosystem leadership.
• For instance, in October 2025, CATL doubled its battery testing capacity at its Arnstadt plant in Germany, expanding facilities for performance and thermal testing of battery cells used by manufacturers such as Porsche and Audi. This reflects strong industry investment in German battery component production and validation infrastructure.
• The UK is emerging as a strong growth market for electric vehicle (EV) battery components due to government-backed electrification policies, rising EV adoption, and significant investments in domestic battery manufacturing. Policies such as the UK Automotive Transformation Fund, tax incentives for EV purchases, and grants for battery giga factories are accelerating local component production, including cells, modules, BMS, and thermal management systems.

The electric vehicle battery components market in US is expected to experience significant and promising growth from 2026-2035.

• North America accounts for over 24% of the electric vehicle (EV) battery components market in 2025 and is expected to grow at a CAGR of around 16.9% between 2026 and 2035 owing to strong government incentives, rising EV adoption, and investments in domestic battery manufacturing capacity. The U.S. and Canada are promoting EV deployment through tax credits, subsidies, and infrastructure support, which is increasing demand for battery cells, modules, BMS, and thermal management components.
• The US electric vehicle (EV) battery components market is experiencing robust growth due to strong government support, rising EV adoption, and significant investments in domestic battery manufacturing. Federal tax incentives, state-level rebates, and initiatives such as the Inflation Reduction Act are accelerating demand for lithium-ion battery cells, modules, BMS, and thermal management systems across passenger and commercial EV segments.
• Furthermore, strategic collaborations between US OEMs, battery technology firms, and material suppliers are driving innovation and supply-chain localization. Investments in giga factories, high-energy-density chemistries, solid-state cells, and modular battery packs are enhancing performance, safety, and scalability. Growing EV production, expanding charging infrastructure, and sustainability mandates are reinforcing the need for reliable, high-quality EV battery components, positioning the US as a key player in the global battery ecosystem.
• For instance, in November 2025, Toyota officially launched its first EV battery manufacturing plant in North Carolina with a $100 billion investment pledge, marking a major commitment to U.S. battery production capacity and local component supply chains. This reflects strong OEM investment in domestic battery manufacturing infrastructure.
• Canada is projected to grow at a significant CAGR of 18.5% in the electric vehicle (EV) battery components market due to government incentives for EV adoption, abundant lithium and critical mineral resources, and rising domestic battery manufacturing initiatives. Policies such as zero-emission vehicle (ZEV) mandates, grants for battery production, and clean energy tax credits are accelerating demand for battery cells, modules, and related components. Additionally, strategic partnerships between Canadian automakers, battery manufacturers, and mining companies are strengthening supply chains for cathodes, anodes, and electrolytes.

The EV battery components market in Brazil is expected to experience significant and promising growth from 2026 to 2035.

• Latin America holds around 2.5% of the electric vehicle (EV) battery components market in 2025 and is growing steadily at a CAGR of around 10.4% between 2026 and 2035 due to increasing EV adoption, rising investments in battery manufacturing, and abundant critical minerals such as lithium and nickel. Countries like Brazil, Chile, and Argentina are focusing on developing localized supply chains for battery cells, modules, and raw materials to support regional EV production.
• Brazil dominates the electric vehicle (EV) battery components market in Latin America due to its strong automotive manufacturing base, abundant natural resources, and government initiatives supporting electrification. The country is rich in critical minerals like lithium and nickel, which are essential for battery production, and hosts major domestic automakers such as Volkswagen Brazil, Stellantis, and BYD, enabling a well-established supply chain for EV components. Government incentives, including tax breaks for EV purchases, grants for local battery manufacturing, and policies promoting clean mobility, are further accelerating domestic production and adoption of battery components.
• Moreover, Brazil is attracting investments from global battery and technology companies to establish local production and assembly facilities. Collaborations with automakers and mining firms are strengthening supply chains for cathodes, anodes, and complete battery packs. Rising demand for passenger and commercial EVs, coupled with expanding public charging infrastructure, is driving the need for reliable, high-quality battery components. These factors position Brazil as the regional leader, providing a strong platform for Latin America’s growth in the EV battery components market.
• For example, in June 2024, Stellantis announced a multi?year strategy to electrify its Brazilian operations, including increased production of EVs and battery components at its local plants in Pernambuco and SãPaulo supporting development of local battery ecosystems.
• The electric vehicle (EV) battery components market in Mexico is experiencing high growth due to rising EV adoption, favorable government policies, and strategic investments in local battery manufacturing. Mexico’s proximity to the U.S., well-established automotive manufacturing base, and export-oriented production model are driving demand for battery cells, modules, BMS, and thermal management systems. In addition, collaborations between Mexican automakers, global battery manufacturers, and technology providers are strengthening domestic supply chains. Investments in giga factories, advanced chemistries, and modular battery pack assembly are supporting both passenger and commercial EV segments.

The electric vehicle battery components market in UAE is expected to experience significant and promising growth from 2026-2035.

• MEA holds around 3.1% of the electric vehicle (EV) battery components market in 2025 and is growing steadily at a CAGR of around 12% between 2026 and 2035 due to increasing investments in EV infrastructure, supportive government policies, and rising demand for electrified mobility in the region. Countries such as the UAE, Saudi Arabia, and South Africa are promoting EV adoption through tax incentives, import duty reductions, and clean energy initiatives, boosting the need for locally sourced and imported battery components.
• The UAE dominates the MEA electric vehicle (EV) battery components market due to its proactive government policies, strategic investments in EV infrastructure, and position as a regional logistics and industrial hub. Initiatives such as the UAE Green Mobility Strategy, incentives for EV adoption, and tax benefits for EV imports and local assembly are driving strong demand for battery components, including cells, modules, battery management systems, and thermal management solutions. The country’s well-developed ports, free zones, and transport networks also make it an attractive location for regional distribution of EV components.
• Furthermore, the UAE is fostering collaborations between global automakers, battery manufacturers, and technology firms to establish local assembly and R&D centers. Companies such as Nissan, Tesla, and ABB are expanding EV operations and charging infrastructure, while global suppliers are investing in component supply chains to serve both domestic and regional markets. Rising EV adoption, government-backed clean energy initiatives, and strategic positioning as a hub for the Gulf region are strengthening the UAE’s leadership in the MEA EV battery components sector.
• Saudi Arabia is expected to grow at the fastest CAGR in the MEA electric vehicle (EV) battery components market due to ambitious government initiatives, large-scale infrastructure development, and strategic investments in clean mobility and local manufacturing. The Saudi Vision 2030 program promotes EV adoption through subsidies, tax incentives, and the development of charging networks, stimulating demand for battery cells, modules, BMS, and thermal management systems.

Electric vehicle Battery Components Market Share

?The top 7 companies in the electric vehicle battery components industry CATL, BYD, LG Energy Solution, Panasonic, Samsung, Umicore, and Blue Line Battery contributed around 57.2% of the market in 2025.

CATL is focused on scaling cost-efficient battery component architectures through cell-to-pack and cell-to-chassis designs while diversifying chemistry portfolios across LFP, high-nickel NMC, and emerging sodium-ion systems. The company prioritizes upstream material integration, global gigafactory expansion, and long-term OEM supply agreements to secure component demand, stabilize input costs, and support mass-market EV adoption across regions. BYD leverages deep vertical integration across cathodes, cells, modules, and packs to control costs and enhance supply security.

Its strategy centers on expanding Blade Battery adoption, increasing LFP component localization, and aligning battery component output with its growing EV vehicle portfolio. BYD also selectively supplies external OEMs while maintaining internal demand as its primary growth engine. LG Energy Solution is strengthening its position through high-nickel cathode innovation, modular pack standardization, and regional manufacturing diversification. The company emphasizes long-term contracts with global automakers, localized component production in North America and Europe, and continuous improvements in energy density and thermal stability to support next-generation EV platforms and regulatory compliance.

Panasonic focuses on high-performance cylindrical cell components, emphasizing energy density, fast-charging capability, and reliability. Its strategy prioritizes advanced electrode materials, manufacturing automation, and close technical collaboration with premium EV OEMs. Panasonic is selectively expanding capacity while maintaining a quality-first approach, targeting higher-margin EV segments rather than volume-driven, low-cost applications. Samsung targets premium EV battery components through high-nickel cathode chemistries, advanced safety architectures, and prismatic and cylindrical formats. The company emphasizes long-life performance, thermal control, and compact pack integration. Strategic partnerships with global automakers and disciplined capacity expansion enable Samsung SDI to serve high-specification EV programs while managing investment risk.

Umicore concentrates on advanced cathode active materials and battery recycling as its core EV battery components strategy. The company prioritizes sustainable sourcing, high-nickel cathode development, and closed-loop material recovery to support OEM decarbonization goals. Long-term supply agreements and regional cathode production investments position Umicore as a critical upstream partner in the EV battery value chain. Blue Line Battery focuses on modular battery pack components tailored for commercial, industrial, and specialty EV applications.

Its strategy emphasizes customization, ruggedized thermal management, and battery management systems optimized for duty-cycle performance. By targeting fleet operators and niche EV manufacturers, the company competes on application-specific engineering rather than large-scale commodity cell production.

Electric Vehicle Battery Components Market Companies

Major players operating in the EV battery components industry are:

• Blue Line Battery
• BYD
• CATL
• Johnson Matthey
• LG Energy Solution
• Mitsubishi Chemical
• Panasonic
• Samsung SDI
• Sumitomo Metal Mining
• Umicore.
• Global electric vehicle (EV) battery component suppliers are increasingly adopting advanced digital manufacturing platforms, AI-enabled process control systems, and data-driven materials modeling tools to enhance yield, consistency, and performance across cathode, anode, electrolyte, separator, and battery management components.
• Machine-learning-based analytics are being used to optimize material formulations, predict defect formation, and improve quality assurance across gigafactory-scale production lines. Digital twins of cell, module, and pack architectures enable virtual optimization of thermal behavior, energy density, and lifecycle performance, reducing physical prototyping cycles, accelerating scale-up, and improving compliance with stringent safety and durability standards.
• Strategic collaborations among battery OEMs, material suppliers, chemical companies, equipment manufacturers, and automotive OEMs are reshaping the EV battery components ecosystem. These partnerships integrate upstream material innovation with midstream component manufacturing and downstream pack integration, enabling faster commercialization of advanced chemistries such as high-nickel, cobalt-free, and solid-state batteries.
• Joint development frameworks and long-term offtake agreements reduce supply risk, stabilize costs, and accelerate localization of battery value chains, supporting rapid capacity expansion, improved energy security, and the transition toward high-performance, cost-competitive, and sustainability-aligned electric mobility platforms.

Electric Vehicle Battery Components Market News

• In December 2025, CATL announced commercial-scale production readiness of ultra-high-energy condensed batteries reaching 500 Wh/kg, nearly doubling conventional lithium-ion performance. The technology targets premium EVs and electric aviation. Concurrently, CATL began construction of a 100 GWh Hungarian gigafactory to supply European OEMs from 2027 onward.
• In November 2025, Panasonic Holdings confirmed pilot manufacturing of next-generation 4680 cylindrical battery cells at its Kansas facility, starting at 10 GWh capacity with expansion plans to 30 GWh by 2027. The larger format improves energy density, thermal control, and pack simplification, with customer qualification activities underway.
• In October 2025, the European Union enacted its Battery Regulation, mandating carbon footprint disclosure, recycled content thresholds, and supply-chain due diligence for batteries sold in Europe. The regulation is expected to accelerate investment in recycling, traceability systems, and low-carbon component manufacturing while reshaping supplier competitiveness.
• In September 2025, QuantumScape reported achieving key durability milestones for its QSE-5 solid-state battery cells, exceeding 1,000 cycles with strong capacity retention. Customer sampling programs commenced alongside pilot manufacturing expansion. Solid Power announced parallel progress, highlighting accelerating industry momentum toward solid-state commercialization.
• In August 2025, LG Energy Solution and General Motors announced expansion of their Ultium Cells joint venture, adding a fourth North American gigafactory in Indiana. The 40 GWh facility strengthens regional battery supply and incorporates advanced processes aimed at lowering energy use and improving manufacturing efficiency.
• In July 2025, Sila Nanotechnologies confirmed production qualification of its silicon-dominant anode material with Mercedes-Benz, enabling higher energy density for the upcoming EQG electric SUV. The company also unveiled capacity expansion plans to support multiple OEM programs launching between 2026 and 2028.
• In June 2025, the U.S. Department of Energy awarded USD 3.2 billion in grants for domestic battery materials and component projects, spanning cathodes, anodes, separators, electrolytes, and processed critical minerals. The funding supports supply-chain localization and reduces reliance on imported battery components.
• In May 2025, Redwood Materials began commercial production of recycled copper foil for battery anodes at its Nevada site, targeting supply equivalent to 100 GWh annually by 2026. The move strengthens circular supply chains and complements planned cathode material production using recovered nickel, cobalt, and lithium.
• In April 2025, Samsung SDI unveiled solid-state battery prototypes achieving high volumetric energy density, supported by advanced composite anodes and sulfide electrolytes. The company targets initial automotive production later this decade, positioning itself among leading incumbents advancing solid-state battery commercialization.

The electric vehicle battery components market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($Bn), shipment (Units) from 2022 to 2035, for the following segments:

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Market, By Battery Form

• Cylindrical
• Pouch
• Prismatic

Market, By Propulsion

• BEV
• PHEV
• HEV

Market, By Vehicle

• Passenger Cars
• Commercial vehicle
• Two &Three Wheelers

Market, By Battery Chemistry

• Lithium iron phosphate
• Nickel cobalt aluminum
• Nickel manganese cobalt
• Lithium manganese oxide
• Others

Market, By Component

• Cell Components
• Cathode
• Anode
• Electrolyte
• Others
• Pack Components
• Battery Management System
• Thermal Management System
• Housing & Enclosure
• Others

The above information is provided for the following regions and countries:

• North America
• US
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Belgium
• Netherlands
• Sweden
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Philippines
• Indonesia
• Singapore
• Latin America
• Brazil
• Mexico
• Argentina
• MEA
• South Africa
• Saudi Arabia
• UAE