Automotive & Mobility Components · Direct
Monitoring · monthlyProcurement Category Intelligence
EV Battery Cells (Li-Ion)
Overview
Market size
$145.0B
global, USD
CAGR
18.0%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
7
tracked players
Signals
12
6 high severity
Market outlook
2031$331.7B
What changed
Demand by region
Asia Pacific demand60%
Europe demand22%
North America demand14%
Latin America demand3%
Rest of world demand1%
share of global demandtotal 100%
Cost drivers
Raw Cathode Materials (Lithium, Nickel, Cobalt, Manganese)55%
Manufacturing Operations and Energy20%
Anode and Other Component Materials12%
Logistics and Delivered Freight7%
Depreciation and Facilities6%
share of delivered cost (analyst estimate)