EV Solid State Battery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global EV Solid-State Battery Manufacturers and the market is segmented by Vehicle Type (Passenger Cars and Commercial Vehicles), Propulsion (Plug-in Hybrid Electric Vehicle, Hybrid Electric Vehicle, and Battery Electric Vehicle), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The market size and forecasts are provided in terms of value (USD billion) for the above-mentioned segments.

EV Solid State Battery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

EV Solid State Battery Industry Overview

The EV solid-state battery market is expected to be dominated by Toyota Motor Corporation, Renault Group, Stellantis NV, General Motors, Mitsubishi Motors, Volkswagen AG, Ford Motor Company, Hyundai Group, Samsung SDI, Panasonic, and LG Chem. The companies are focused.

In February 2022, in China, Dongfeng E70 delivered 50 electric sedans for taxis. This vehicle is marked as the first commercially available solid-state battery vehicle.

In January 2022, Nissan, Renault, and Mitsubishi came under a strategic alliance to strengthen their position in the electric vehicle market. In this alliance, Mitsubishi will reinforce marketing, Nissan will develop solid-state battery technology, and Renault will develop electrical and electronics architecture for vehicles.

EV Solid State Battery Market Leaders

  1. Toyota Motor Corporation

  2. Hyundai Group

  3. Renault Group

  4. Samsung SDI Co., Ltd

  5. Volkswagen Ag

  6. *Disclaimer: Major Players sorted in no particular order
EV Solid-state Battery Market Concentration