France's plug-in vehicle market remains firmly in its infancy, but when it comes to making the batteries that power those cars, the country's prospects are tres grande, according to at least one report. The home of Renault has an electric-vehicle battery industry whose market value will surge to $7.2 billion in 2020 from $380 million last year, marking a compound growth rate of more than 44 percent a year, Hybrid Cars says, citing a study from Research and Markets. In fact, by the end of the decade, France will represent the world's third-largest EV battery industry – behind Japan and China – and will account for 16 percent of the world's EV battery production capacity. You can find Research and Markets' summary of its 154-page report below.

Naturally, Renault, which along with its sister company Nissan is investing an estimated $5 billion in electric-drive technology, is a major player here. The company is building a factory near Paris with an annual production capacity up to 350,000 EV batteries a year and is hoping that increased plug-in vehicle incentives from the government will help France reach its stated goal of having two million EVs on the country's roads by 2020.
Show full PR text
Electric Vehicle Battery Market - Market Size, Investment Analysis, and Forecast to 2020

FEATURED COMPANIES

A123 Systems
EnerDel
Hitachi Vehicle Energy
Johnson Controls
LG Chem Power Inc.
Panasonic Corporation
MORE

Electric Vehicle Battery Market - Market Size, Investment Analysis, and Forecast to 2020

Summary

Our latest research "Electric Vehicle Battery Market - Market Size, Investment Analysis, and Forecast to 2020" provides insight into the market scenario related to electric vehicle batteries. The electric vehicle battery is a key component that controls the performance of the electric vehicles, and accounts for a dominating share of the cost of the vehicle. Nickel-metal hydride and lithium-ion batteries are the key battery types that are used in electric vehicles. The global market for electric vehicle battery market is in the early growth stage. The market is largely concentrated in countries such as the US, Japan, China and some European Union (EU) countries where there is an increasing adoption of electric vehicles in order to reduce carbon emissions and dependency on fossil fuels. The reduction in battery pack cost and further improvement in battery technology is essential for the growth of electric vehicle battery market during the forecast period.

The report gives detailed information on the current status and the opportunities provided by the electric vehicle battery market for US, UK, Germany, Netherlands, France, Japan, China and the global market. The report starts with a discussion on the global electric vehicle battery market and explores the market size, key initiatives undertaken, drivers and restraints . The report later provides a detailed analysis on market sizing and outlook for these key nations. Vendor landscape analysis for electric vehicle battery players is also provided in the report.

Scope

- Key geographies covered, the US, the UK, Germany, France, Netherlands, Japan and China
- Market size data of global and key countries
- Annual market revenue data from 2010 to 2020
- Qualitative analysis of market drivers, restraints, government plan and policies,
- Technical Brief includes includes technological study on type ofelectric vehicle batteries and their application
- Vendor analysis of the key players and their product offerings.

Reasons to buy

- Facilitate decision making based on strong historic and forecast data for global and national electric vehicle battery market
- Develop strategies for market penetration and product development.
- Position yourself to gain maximum advantage from the electric vehicle battery market growth potential.
- Identify key partners and business development avenues.
- Respond to your competitors' business structures, strategies and prospects.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 10 Comments
      CoolWaters
      • 8 Months Ago
      Video if the Twizzy in action look like a hell of a lot of fun.
      Giza Plateau
      • 8 Months Ago
      If they priced their EVs more reasonably instead of the obtuse punishment prices they have chosen, things would move a lot faster.
      EZEE
      • 8 Months Ago
      And were any of them invented in the last 20 years? 30? Just look around your house and find any French designed or invented technologies. If they can do it, great! But purely new innovation....new technology....the abortion pill is all I can come up with. I think it would be great if we were all flying around in our French designed no co2 emitting hover cars....but I am not holding my breath. What will be the newest tech? Self driving? Either the Japanese or Americans will do this first.
      DaveMart
      • 8 Months Ago
      Well, I suppose some might count the Renault/Nissan BEV cars.....
      EZEE
      • 8 Months Ago
      As far as innovation, the concord is the only thing that really counts. Biggest problem, however, was that it never made any money, and sold in limited numbers.
      CoolWaters
      • 8 Months Ago
      It needs windows.
        DaveMart
        • 8 Months Ago
        @CoolWaters
        Doors and windows are an optional extra from Renault. Price around £560 in the UK.
      DaveMart
      • 8 Months Ago
      They are also the only country in the world to get most of their electricity from very low carbon nuclear power, were seminal in the world's first supersonic airliner, which it was a tragedy that it was taken out of production, have one of the world's finest health care systems, superb infrastructure including high speed rail, urban metros which mean that car commuting is much reduced, and the world's largest electric city car hire program in Paris, not to mention pioneering pick up and go city bikes. In the field of transport and energy, it seems to me it is difficult to argue that France is a laggard. Oh, and they have perhaps the most beautiful road bridge in the world: http://walllook.com/amazing_stuff/Millau-Viaduct-France-the-Tallest-Bridge-in-the-World.jpg
      EZEE
      • 8 Months Ago
      Nice effort on their part, but it's France. With the exception of the Day After Abortion Pill, I cannot think of one item where we say, "ahhh yes, those french...I must now get my new French built and/or designed XXX" Don't get me wrong...nice job trying, but I imagine it will be either the USA or maybe Japan that has a breakthrough, and then we will ship production to other places.
        DaveMart
        • 8 Months Ago
        @EZEE
        If we are talking about automotive engineering, look up Citroen and see how many of ideas now commonplace in cars originated.
    Share This Photo X