Motor vehicle secondary lithium-ion batteries sales value in Japan 2014-2023
In 2023, battery manufacturers in Japan sold lithium-ion batteries for automobiles approximately worth 779.53 billion Japanese yen, up from around 543.42 billion yen in the previous year. Lithium-ion battery cells in automobiles work like those in smartphones or notebooks, but hundreds of them are stacked to realize the charge the electric vehicle requires.