Report ID: SQMIR25A2286
Report ID:
SQMIR25A2286 |
Region:
Regional |
Published Date: February, 2024
Pages:
231
|
Tables:
226 |
Figures:
81
Germany accounted for the largest market revenue share in Europe EV batteries market in 2021 and is projected to continue its dominance throughout the forecast period. This is simply attributed to the numerous gigafactories, which are planned to be installed during the forecast period. In addition, high adoption of e-mobility in the country coupled with the growing internet users are also propelling the market growth significantly.
Furthermore, France is projected to be the second fastest growing nation in European EV batteries market throughout the forecast period. An extensive rise in the automotive industry and increasing investments by various OEMs for the enhancement and development of EV batteries are likely to boost the market growth at a strong growth rate.
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Report ID: SQMIR25A2286