United States Battery Cells of New Energy Vehicles Market was valued at USD 6 Billion in 2022 and is projected to reach USD 18 Billion by 2030, growing at a CAGR of 17.0% from 2024 to 2030.
The demand for battery cells in the New Energy Vehicles (NEV) market has surged significantly over the past few years, driven by the growing focus on sustainability and the need to reduce carbon emissions. As industries increasingly shift toward electric vehicles (EVs) and hybrid models, the requirement for efficient and high-performance battery cells has become crucial for manufacturers. US-based companies have capitalized on this rising demand by advancing battery technologies, which are essential for powering the next generation of NEVs.
US Battery Cells of New Energy Vehicles Market are playing a pivotal role in shaping the future of the electric vehicle industry. These batteries not only determine the driving range and efficiency of NEVs but also influence the overall cost and performance of these vehicles. Industries, from automotive giants to tech startups, are looking for battery solutions that can offer improved energy density, faster charging capabilities, and a longer lifecycle. The US market is witnessing a growing demand for lithium-ion and solid-state batteries as they provide superior energy efficiency compared to traditional options.
As of 2025, the US NEV market is expected to grow exponentially, which is directly linked to the ongoing advancements in battery technology. Companies are investing heavily in research and development to improve the energy storage capabilities of batteries while also working on reducing production costs. In fact, battery cells used in NEVs now require specialized materials such as nickel, cobalt, and lithium, all of which are critical to meeting the performance benchmarks set by the industry.
With the automotive industry setting ambitious targets for the future, the Battery Cells of New Energy Vehicles Market will need to meet high standards in terms of both sustainability and performance. These batteries must withstand extreme weather conditions, offer faster recharge times, and ensure that NEVs are viable for long-distance travel without compromising on energy consumption. Additionally, industries are becoming more conscious of the need to develop environmentally friendly production processes for these batteries, ensuring that their lifecycle contributes to the larger goal of reducing global emissions.
The US battery market is evolving to meet these demands, and manufacturers are closely collaborating with tech companies, automakers, and governments to create a more sustainable and efficient ecosystem. As the market for electric and hybrid vehicles expands, the demand for advanced battery cells will only intensify, setting the stage for even more groundbreaking innovations in the NEV space.
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Sanyo
Sony Corporation
Maxwell
SAMSUNG SDI
LG Chem
A123
ENERDEL
Li-Tec Battery GmbH
Johnson Controls
TOSHIBA
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Battery Cells of New Energy Vehicles Market
Lithium-ion Batteries
Nickel-Metal Hydride Batteries
Lead-Acid Batteries
Solid-State Batteries
Flow Batteries
Battery Electric Vehicles (BEVs)
Hybrid Electric Vehicles (HEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Fuel Cell Electric Vehicles (FCEVs)
Passenger Vehicles
Commercial Vehicles
Two-Wheelers
Three-Wheelers
Cobalt-Based Chemistry
NMC (Nickel Manganese Cobalt) Chemistry
LFP (Lithium Iron Phosphate) Chemistry
NCA (Nickel Cobalt Aluminum) Chemistry
Silicon Anode Chemistry
OEMs (Original Equipment Manufacturers)
Aftermarket Retailers
Fleet Operators
Utility Companies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Battery Cells of New Energy Vehicles Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Battery Cells of New Energy Vehicles Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Battery Cells of New Energy Vehicles Market, By Type
6. US Battery Cells of New Energy Vehicles Market, By Application
7. US Battery Cells of New Energy Vehicles Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Battery Cells of New Energy Vehicles Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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