In 2021, the market size of electric vehicle battery in China reached a value of 15.7 billion U.S. dollars. It is estimated that the market size will increase with a compound annual growth rate (CAGR) of 18.11 percent from 2022 to 2027. China's electric vehicle battery market value is expected to be worth 42.5 billion U.S. dollars in 2027.
Market value of electric vehicle battery in China in 2021, with forecast until 2027
(in billion U.S. dollars)
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Mobility Foresights. (June 30, 2022). Market value of electric vehicle battery in China in 2021, with forecast until 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1350243/electric-vehicle-battery-market-size-china/
Mobility Foresights. "Market value of electric vehicle battery in China in 2021, with forecast until 2027 (in billion U.S. dollars)." Chart. June 30, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1350243/electric-vehicle-battery-market-size-china/
Mobility Foresights. (2022). Market value of electric vehicle battery in China in 2021, with forecast until 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1350243/electric-vehicle-battery-market-size-china/
Mobility Foresights. "Market Value of Electric Vehicle Battery in China in 2021, with Forecast until 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1350243/electric-vehicle-battery-market-size-china/
Mobility Foresights, Market value of electric vehicle battery in China in 2021, with forecast until 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1350243/electric-vehicle-battery-market-size-china/ (last visited December 22, 2024)
Market value of electric vehicle battery in China in 2021, with forecast until 2027 (in billion U.S. dollars) [Graph], Mobility Foresights, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1350243/electric-vehicle-battery-market-size-china/
