China accounted for nearly one third of the global market for lightweight materials in electric vehicles. Revenue streams of more than one billion U.S. dollars were generated in China alone during 2019. Lightweight materials play an important role in the manufacturing of electric vehicles as they can improve battery range. China has become a world leader in the development and production of battery electric vehicles.
Size of the global market for lightweight materials in electric vehicles in 2019, by territory
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BIS Research. (August 16, 2020). Size of the global market for lightweight materials in electric vehicles in 2019, by territory (in million U.S. dollars) [Graph]. In Statista. Retrieved January 02, 2025, from https://www.statista.com/statistics/1201601/global-electric-vehicle-lightweight-material-market-territories/
BIS Research. "Size of the global market for lightweight materials in electric vehicles in 2019, by territory (in million U.S. dollars)." Chart. August 16, 2020. Statista. Accessed January 02, 2025. https://www.statista.com/statistics/1201601/global-electric-vehicle-lightweight-material-market-territories/
BIS Research. (2020). Size of the global market for lightweight materials in electric vehicles in 2019, by territory (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 02, 2025. https://www.statista.com/statistics/1201601/global-electric-vehicle-lightweight-material-market-territories/
BIS Research. "Size of The Global Market for Lightweight Materials in Electric Vehicles in 2019, by Territory (in Million U.S. Dollars)." Statista, Statista Inc., 16 Aug 2020, https://www.statista.com/statistics/1201601/global-electric-vehicle-lightweight-material-market-territories/
BIS Research, Size of the global market for lightweight materials in electric vehicles in 2019, by territory (in million U.S. dollars) Statista, https://www.statista.com/statistics/1201601/global-electric-vehicle-lightweight-material-market-territories/ (last visited January 02, 2025)
Size of the global market for lightweight materials in electric vehicles in 2019, by territory (in million U.S. dollars) [Graph], BIS Research, August 16, 2020. [Online]. Available: https://www.statista.com/statistics/1201601/global-electric-vehicle-lightweight-material-market-territories/
