GITNUX MARKETDATA REPORT 2024

Statistics About The Most Important Part Of An Electric Car

The most important part of an electric car is the battery, and statistics show that advancements are continually being made to improve its capacity, efficiency, and overall performance.

Statistic 1

"By 2030, it is estimated that around 125 million electric vehicles will be on the roads worldwide, according to the International Energy Agency."

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Statistic 2

"Roughly 40% of an electric car's total cost comes from its battery."

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Statistic 3

"By 2030, the estimated cost of an electric vehicle battery pack is likely to drop to $58 per kilowatt-hour, compared to $176 in 2019, according to BloombergNEF."

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Statistic 4

"The energy efficiency of a battery electric vehicle could be as high as 90%."

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Statistic 5

"The global market size of the Electric Vehicle Battery market was valued at 23.2 billion U.S. dollars in 2017."

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Statistic 6

"Roughly 60% of Americans are unaware electric cars exist, much less understand the importance of the battery."

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Statistic 7

"The average lifespan of an electric car battery is between 8 to 15 years."

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Statistic 8

"The average range of new all-electric vehicles is about 190 miles, highlighting the importance of battery technology."

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Statistic 9

"As of July 2020, there were approximately 26,000 public electric vehicle charging stations in the United States, according to the Alternative Fuels Data Center."

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Statistic 10

"Battery technology advancements have led to a 73% decrease in the cost of electric vehicle batteries over the last eight years."

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Statistic 11

"The most common electric vehicle battery type is lithium-ion, constituting 63% of all electric vehicle batteries as of 2021."

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Statistic 12

"It can take anywhere from 30 minutes to a full day to recharge an electric car's battery, depending on the type of charger used."

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Statistic 13

"Nearly 70% of electric vehicle owners charge their cars at home, emphasizing the importance of in-car battery technology for efficient home charging."

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Statistic 14

"In 2020, the Tesla Model 3's sales accounted for about 12% of all electric vehicle sales, underlining the attractiveness of its advanced battery technology and performance."

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Statistic 15

"Electric vehicle batteries are recyclable up to 96%."

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Statistic 16

"A key material in electric vehicle batteries, cobalt, is projected to experience a supply shortage by 2023."

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Statistic 17

"Electric vehicle batteries can lose up to 20% of their range in cold weather conditions."

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Statistic 18

"Fast charging, while convenient, may reduce the overall lifespan of an electric vehicle's battery."

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Statistic 19

"By 2025, analysts predict the global electric vehicle battery market will be worth $81.6 billion."

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