EV Update Media – Electric Vehicles and Battery Industry News & Updates

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Industry Forecast

India SiC Semiconductor Market Forecast To 2027

The SiC semiconductor market was valued at US$ 29. 0 million in 2018 and isprojected to reach US$ 138. 5 million by 2027; it is expected to grow at a CAGR of 22. 6% from 2020 to 2027. Electric vehicles…

P2P Electric Vehicle Charging Market Size To Reach $351.7 Million by 2027

The global peer-to-peer electric vehicle charging market size is expected to reach USD 351.7 million by 2027, registering a CAGR of 21.8% from 2020 to 2027 according to a report. To eliminate the range anxiety issues of electric vehicles, various…

Global Lithium-Ion Battery Market 2017-2025

Global Lithium-Ion Battery Market is estimated to reach $66 billion by 2025; growing at a CAGR of 11.3% from 2017 to 2025. Lithium-Ion batteries play a vital role in the global consumer electronics and automotive market. It has gained prominence…

Blockchain Based EV Charging & Grid Integration Market To Exceed USD 1 Billion By 2029

Traditional energy stakeholders increasingly are experimenting with blockchain technology. Whether in house or in partnership with an industry consortium or energy blockchain startup, EV charging and integration use cases have emerged as technologically sound and feasible within the regulatory and…

The Global Wireless Electric Vehicle Charging Market Is Predicted To Grow To USD 172.6 Million by 2025

From USD 7.0 million in 2019, the global wireless electric vehicle charging market is predicted to grow to USD 172.6 million by 2025, registering a CAGR of 59.9% during the forecast period (2020–2025). Increasing pollution in the air in overcrowded cities leads…

Global Electric Vehicle Charging Station Market To Reach 30.8 Billion USD By 2026

The global electric vehicle charging station market is expected to grow at CAGR 40.5% during the forecast period, 2019-2026 and will reach over USD 30.8 Billion by 2026. Electric vehicle charging stations is known with multiple names including electric vehicle…

Global Automotive LiDAR Market Expected To Reach USD 2.9 Billion By 2026

The global automotive LiDAR market size is expected to reach USD 2.9 billion by 2026, at a significant rate of 27.1% during the forecasted period 2019 to 2026. Light Detection and Ranging (LiDAR) is a remote sensing technology that uses…

Global Electric Vehicle Market 2019-2026

The global electric vehicle market is expected to grow at CAGR 25.6% during the forecast period, 2019- 2026 and will reach over USD 568.2 Billion by 2026. Electric vehicle also knows as electric motor or EV, is a vehicle that…

Battery Materials Market Size To Reach USD 83.43 Billion By 2026

The global battery materials marketsize is predicted to reach USD 83.43 billion by 2026, exhibiting a CAGR of 8.3% during the forecast period. The growing demand for lithium-ion and lead-acid batteries will accelerate this market revenue during the forecast period. Lithium-ion batteries are extensively used for…

Indian Lithium-Ion Battery Manufacturing Market 2017- 2030

The rapid penetration of electric vehicles in India is expected to drive the need for Lithium (Li)-ion battery manufacturing in the country. Li-ion batteries act as the primary storage option for electro-chemical energy. These batteries are rechargeable and contain Li-ion…