Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles. The main focus of the traction battery design is the need for high capacity weight and volume ratios as the vehicle must also carry its power source. Traction batteries often undergo deep cycles and typically require fast charging within 24 hours. Typical applications are the power of forklifts and electric carts. Traction batteries are typically designed with a tubular plate for better performance in deep cycle operation.

Market Analysis and Insights: Global Electric Vehicle Traction Battery Market
The global Electric Vehicle Traction Battery market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.

Global Electric Vehicle Traction Battery Scope and Market Size
The global Electric Vehicle Traction Battery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electric Vehicle Traction Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Open Lead Acid Battery
Pure Lead Battery
Gel Battery
Lithium-Ion Battery

Segment by Application
Industrial Electric Vehicles
Recreational Electric Vehicles

The Electric Vehicle Traction Battery market is analysed and market size information is provided by regions (countries). Segment by Application, the Electric Vehicle Traction Battery market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Panasonic
CATL
BYD
GS Yuasa
LG Chem
East Penn Manufacturing
Enersys
Hitachi Chemical
BAE Batterien
Gotion
Lishen
TAB
CSICP
Clarios
Microtex
Zibo Torch Energy
LEOCH