The electric vehicle battery market amounted to $23 billion in 2017 and is expected to grow at a CAGR of 17.2% and reach a value of $84 billion by 2025.
Electric vehicles (EVs) are not dependent on pricey fuels; instead, these are charged and run on electricity. Electricity is a cheap energy source compared to fossil fuels when it comes from sources like solar power.
Electric vehicles emit less carbon dioxide (CO2) into the environment, and batteries play a major role in making them sustainable. An electric car battery stores energy to transmit it later to run the car engine.
Different types of electric car batteries are as follows:
When looking for a reliable electric car battery manufacturer, it's important to understand your customers' needs and choose accordingly. Here are some things to keep in mind:
EV battery testing: To assess the quality of EV batteries, test the following factors:
Ask about manufacturers’ compliance with international standards of EV battery manufacturing, like, ISO-6469-1, IEC-62619, etc.
Customized batteries: You can also use customized batteries and get electric car batteries that best fit your customer needs. For this purpose, you need a manufacturer offering to customize the voltage, shape, size, capacity, etc., of EV batteries. You must check the necessary certifications of a manufacturer for making custom batteries to avoid disappointing your customers with low-quality batteries.
Check the past record of a manufacturer: Check the past record of satisfied customers and ask them about the manufacturers' expertise and quality of service. A manufacturer with satisfactory reviews is the most suitable for your business.