Latest Developments in Global High Voltage Battery Market

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Latest Developments in Global High Voltage Battery Market

  • Automotive
  • Jan 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

  • In August 2023 NIO Promoting high-voltage battery swaps for EVs as a subscription service, impacting high-voltage pack design and replacement logistics.
  • In April 2024, Toyota involved in Solid-state high-voltage battery development for safer, energy-dense applications started gaining traction with investments and prototypes announced.
  • In April 2025, Tesla, Rivian, Daimler these companies expanded production of EV trucks and vans (e.g., Tesla Semi, Rivian EDV), requiring large-scale high-voltage battery packs.
  • Since 2023: BYD, Hyundai with National policies in Europe, China, and North America are encouraging the shift toward electric mobility, increasing demand for HV batteries.