Battery cells make up roughly 75 percent of the total battery material value worldwide. Battery cells are the basic unit of the battery, arranged in battery modules. In turn, a battery pack is a collection of modules and protection devices.
Among the components of battery cells, the cathode accounts for the largest value, at over 50 percent.
Distribution of the total battery material value worldwide in 2023, by component
Characteristic
Share of value
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EY. (May 19, 2023). Distribution of the total battery material value worldwide in 2023, by component [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1423081/battery-material-value-share-by-component/
EY. "Distribution of the total battery material value worldwide in 2023, by component." Chart. May 19, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1423081/battery-material-value-share-by-component/
EY. (2023). Distribution of the total battery material value worldwide in 2023, by component. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1423081/battery-material-value-share-by-component/
EY. "Distribution of The Total Battery Material Value Worldwide in 2023, by Component." Statista, Statista Inc., 19 May 2023, https://www.statista.com/statistics/1423081/battery-material-value-share-by-component/
EY, Distribution of the total battery material value worldwide in 2023, by component Statista, https://www.statista.com/statistics/1423081/battery-material-value-share-by-component/ (last visited August 24, 2024)
Distribution of the total battery material value worldwide in 2023, by component [Graph], EY, May 19, 2023. [Online]. Available: https://www.statista.com/statistics/1423081/battery-material-value-share-by-component/