What are the growth opportunities in the battery component market?

This considerable gap between demand for cell components and local supply signals growth opportunities in the battery component market. The global revenue pool of the core cell components is expected to continue growing by around 17 percent a year through 2030 (Exhibit 2).

What kind of battery cells do we provide to OEM customers?

We guide the OEM customer in the selection of the most appropriate battery cell model based on the application needs. We focus mainly on Li-Ion based cell technology, including LiFePO4 and LTO solutions.

How important are battery components in the future?

The global revenue pool of the core cell components is expected to continue growing by around 17 percent a year through 2030 (Exhibit 2). Future technological developments (new anode materials and solid-state electrolytes) will only increase the importance of battery components.

Which country produces the most battery components in the world?

Today, Asia leads the cell component market in annual production, measured in metric kilotons. The region produces 96 and 95 percent of cathode and anode active materials, respectively, and 90 and 95 percent of electrolyte and separator material, respectively (see sidebar, “An overview of the battery industry in Asia”).

Who is new energy?

New Energy Ltd is a professional battery pack designer and manufacturer with more than 20 years of experience. We serve the industry in Europe and in the USA making innovative products with technology, enthusiasm and passion.

Where are GM batteries made?

The company, which has production sites in the United States, China, South Korea, Poland, and Indonesia, started mass production in 1999 and a breakthrough came with the deal to supply batteries for GM’s Volt in the late 2000s, one of the world’s first mass-produced passenger EVs.