QYR Market Research Global Electric Vehicle Battery Cell market | Page 4

QYR
• At present, in developed countries, the Electric Vehicles Battery
Pack industry is generally at a more advanced level. The world's
large enterprises are mainly concentrated in Japan, Korea, USA,
etc. Meanwhile, foreign companies have more advanced equipment,
strong R & D capability, and leading technical level. However,
foreign companies’ manufacturing cost is relatively higher,
compared with Chinese companies. With the development of
Chinese Electric Vehicles Battery Pack production technology,
their share in the international market is increasing, and
competitiveness in the international market gradually increases.