Battery manufacturing sites in Europe have increased fivefold

In recent years, a notable shift has been occurring in the world of electric vehicles (EVs). Some original equipment manufacturers (OEMs) have taken the leap and begun manufacturing EV cell modules and packs, with more set to follow suit in the future.

These companies are playing pivotal roles at various stages of the EV cell production process, from the manufacturing phase to end-use applications. The growth in manufacturing sites for these companies, whether limited to a specific region or global, is a testament to this burgeoning trend.

The list of companies already producing EV cell modules and packs is impressive and diverse. Many of these companies have existing plants for this purpose, and their numbers have more than quintupled from 2010 to 2020.

End users of these EV cell modules and packs span the automotive industry, encompassing manufacturers of cars, buses, and trucks, as well as those focusing on stationary energy storage systems. The increase in the number of manufacturing sites suggests an expansion in production capacity for these products.

By 2024, it is projected that the total number of manufacturing sites by these companies may surpass 40. Notable automotive OEMs like Volkswagen and Hyundai, who have been active in the automotive and related industries well before 2010, are among those planning to expand their production facilities for EV modules and battery packs, in response to rising EV demand and technological advancements.

The focus of these companies is squarely on the production of EV cell modules and packs for various applications. Individual EV cells are bundled into modules and packs for efficient and effective use. It's worth noting that these companies are not in the planning or design phase, but are already operational.

The article also suggests that the number of companies specializing in EV cell manufacturing may have grown significantly since 2010. A list of these companies, already operational and not in the initial stages of planning or design, is featured in the article.

However, the article does not provide details on the specific industries these additional manufacturing sites will cater to, nor does it indicate whether 'FREE OF CHARGE' access to EV Market Reports is limited to the mentioned companies or a general offer.

In conclusion, the surge in EV cell manufacturing among OEMs is a clear sign of the growing importance of EVs in our future. As the number of companies and manufacturing sites continues to grow, we can expect to see increased production capacity and a broader range of EV options in the coming years.