Global automotive battery technologies for HEV & BEV will achieve sales of 2.16 million units in 2013

Monday 8 April 2013, Amsterdam

Our analysis indicates that the global automotive battery technologies market for hybrid electric vehicles (HEV) batteries and battery electric vehicles (BEV) batteries will achieve sales of 2.16 million units in 2013, as vehicle manufacturers as well as consumers increasingly demand fuel-efficient vehicles. The battery technologies market is therefore forecast to record significant growth over the next decade, as more hybrid electric vehicles (HEV) and battery electric vehicles (BEV) vehicles are sold which rely on these batteries.

The author of the Global Automotive Battery Technologies Market 2013-2023: Battery Electric Vehicles (BEV) & Hybrid Electric Vehicles (HEV) report commented that ‘The current rise of oil prices and the resulting high running costs of cars as well as environmental concerns have put a stronger focus on efficiency. Since increasing fuel efficiency is one of the principal car purchasing decisions, replacing a petrol or diesel fuelled car with a hybrid electric vehicles (HEV) or battery electric vehicles (BEV) vehicle is an option that more and more consumers will take. The increasing choice of models of hybrid electric vehicles (HEV) or battery electric vehicles (BEV) is making consumers more aware of the benefits of these vehicles which in turn drives sales of the batteries that they rely on.’

The report contains 152 table, charts and graphs that add visual analysis in order to explain developing trends within the automotive battery technologies market. We provide forecasts for the period 2013-2023 in terms of unit sales for the automotive battery technologies market and hybrid electric vehicles (HEV) batteries and battery electric vehicles (BEV) batteries market separately. In addition, 12 leading regional automotive battery technologies markets  are forecast and analysed over the period 2013-2023 with hybrid electric vehicles (HEV) batteries and battery electric vehicles (BEV) batteries individually forecast for each region. The report provides profiles of 10 leading batteries companies operating within the market and 19 leading manufacturers developing hybrid electric vehicles (HEV) and battery electric vehicles (BEV). The report also provides five exclusive interviews with principal players in the automotive battery technologies market, providing expert insight our analysis.