U.S. Electric Vehicle Battery Producers Database

Industry Overview

The U.S. electric vehicle battery producers industry has witnessed significant growth in the recent past, owing to the robust manufacturing base and rapid growth of the automotive industry in the U.S. Moreover, the growing number of battery manufacturers such as Exide, Johnson Controls, and Odyssey is expected to promote market growth over the forecast period. Growing demand for electric vehicles (EV) in the U.S., based on rising government efforts to reduce the carbon footprint by deploying eco-friendly products, is expected to augment the market growth over the forecast period.

Demand for EV batteries is anticipated to increase in the coming years, due to the rising sales of electric vehicles as a result of favorable federal legislation and the presence of market players in the country. Federal policies include the American Recovery and Reinvestment Act of 2009, which provides tax credits for consumers who buy electric vehicles. The new corporate average fuel economy (CAFE) standard governing the fuel economy of passenger cars and light commercial vehicles on U.S. roads has led to a surge in the adoption of electric vehicles in the country.

The worldwide registration of electric vehicles (EVs) is anticipated to increase significantly over the forecast period. The rising availability of charging outlets and financial incentives have emerged as crucial factors for the development of this market, bolstered by the lower running cost of EVs compared to conventional ICE-operated vehicles. In February 2022, the U.S. Departments of Energy and Transportation jointly announced that approximately $5 billion would support the nation's electric vehicle (EV) charging stations under the National Electric Vehicle Infrastructure Formula Program. The program was created under bipartisan infrastructure laws.

Deliverable Overview

The deliverable consists of more than 42 U.S. Electric Vehicle (EV) Battery Producers Database along with their name, headquarters, Annual Sales, 2023 (USD Million), Employee Count (2023), Key markets served, Facility phase (Existing / Planned), Production capacity - GWh, Key customers, Contact number, address, and strategic initiatives.

Scope Details