In 2021, the global size of the electric vehicle battery market reached a value of 26 billion U.S. dollars. It is projected that the market size will increase with a compound annual growth rate (CAGR) of 16.47 percent between 2022 and 2027, reaching the size of 66.24 billion U.S. dollars in 2027.
Size of the global electric vehicle battery market in 2021, with forecast through 2027
(in billion U.S. dollars)
Characteristic
Market size in billion U.S. dollars
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Mobility Foresights. (June 30, 2022). Size of the global electric vehicle battery market in 2021, with forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1359411/electric-vehicle-battery-market-size-worldwide/
Mobility Foresights. "Size of the global electric vehicle battery market in 2021, with forecast through 2027 (in billion U.S. dollars)." Chart. June 30, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1359411/electric-vehicle-battery-market-size-worldwide/
Mobility Foresights. (2022). Size of the global electric vehicle battery market in 2021, with forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1359411/electric-vehicle-battery-market-size-worldwide/
Mobility Foresights. "Size of The Global Electric Vehicle Battery Market in 2021, with Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1359411/electric-vehicle-battery-market-size-worldwide/
Mobility Foresights, Size of the global electric vehicle battery market in 2021, with forecast through 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1359411/electric-vehicle-battery-market-size-worldwide/ (last visited August 25, 2024)
Size of the global electric vehicle battery market in 2021, with forecast through 2027 (in billion U.S. dollars) [Graph], Mobility Foresights, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1359411/electric-vehicle-battery-market-size-worldwide/