BYD Company

Electric Vehicle Market to Grow at a CAGR of 33.6% from 2020 to Reach $2,495.4 Billion by 2027 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Wednesday, March 9, 2022

In terms of volume, this market is expected to reach 233.9 million units by 2027, at a CAGR of 21.7% from 2020.

Key Points: 
  • In terms of volume, this market is expected to reach 233.9 million units by 2027, at a CAGR of 21.7% from 2020.
  • Furthermore, the range limitations of electric vehicles, lack of fast-charging infrastructure, and high procurement costs are the major challenges for the growth of the electric vehicles market.
  • However, the electric vehicles market is expected to recover quickly due to the strong market recovery in China.
  • Based on propulsion type, the electric vehicles market is segmented into hybrid vehicles,battery electric vehicles, and fuel cell electric vehicles.

Electric Vehicle Market to Grow at a CAGR of 33.6% from 2020 to Reach $2,495.4 Billion by 2027 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Wednesday, March 9, 2022

In terms of volume, this market is expected to reach 233.9 million units by 2027, at a CAGR of 21.7% from 2020.

Key Points: 
  • In terms of volume, this market is expected to reach 233.9 million units by 2027, at a CAGR of 21.7% from 2020.
  • Furthermore, the range limitations of electric vehicles, lack of fast-charging infrastructure, and high procurement costs are the major challenges for the growth of the electric vehicles market.
  • However, the electric vehicles market is expected to recover quickly due to the strong market recovery in China.
  • Based on propulsion type, the electric vehicles market is segmented into hybrid vehicles,battery electric vehicles, and fuel cell electric vehicles.

Global Lithium Iron Phosphate (LiFePO4) Battery Markets, 2018-2020 & 2021-2026: Analysis & Forecasts by Competitive Landscape; Power Capacity; Component; End-User; Region - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 9, 2022

The "Lithium Iron Phosphate Battery Market By Power Capacity; By Component; By End-User; By Region, Segments & Forecast, 2018 - 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Lithium Iron Phosphate Battery Market By Power Capacity; By Component; By End-User; By Region, Segments & Forecast, 2018 - 2026" report has been added to ResearchAndMarkets.com's offering.
  • Asia-Pacific is expected to be the leading contributor to the global lithium iron phosphate battery industry revenue during the forecast period.
  • The demand for battery electric vehicles has increased significantly over the years resulting in the increasing adoption of lithium iron phosphate batteries.
  • The increasing demand for electric vehicles in the region is expected to drive the growth of lithium iron phosphate batteries in this region.

Battery Energy Storage System Market worth $15.1 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 25, 2022

APAC is expected to hold the largest growth rate of the global battery energy storage system market during the forecast period.

Key Points: 
  • APAC is expected to hold the largest growth rate of the global battery energy storage system market during the forecast period.
  • APAC is a hub for the battery energy storage system industry.
  • These factors lead to the growth in the deployment of battery energy storage systems in residential and public utility applications.
  • Major companies operating in this battery energy storage system market include BYD Company Limited (China), SAMSUNG SDI Co., Ltd. (South Korea), LG Energy Solutions Co., Ltd. (South Korea), and Panasonic Corporation (Japan).

Battery Energy Storage System Market worth $15.1 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 25, 2022

APAC is expected to hold the largest growth rate of the global battery energy storage system market during the forecast period.

Key Points: 
  • APAC is expected to hold the largest growth rate of the global battery energy storage system market during the forecast period.
  • APAC is a hub for the battery energy storage system industry.
  • These factors lead to the growth in the deployment of battery energy storage systems in residential and public utility applications.
  • Major companies operating in this battery energy storage system market include BYD Company Limited (China), SAMSUNG SDI Co., Ltd. (South Korea), LG Energy Solutions Co., Ltd. (South Korea), and Panasonic Corporation (Japan).

HES Solar Deploys a BYD Energy Storage System with Energy Toolbase's Acumen EMS™ Controls Software for Fortune 100 Client

Retrieved on: 
Wednesday, February 23, 2022

LAKESIDE, Calif., Feb. 23, 2022 /PRNewswire/ --Energy Toolbase, a leading provider of energy storage software solutions,has commissioned a behind-the-meter energy storage project with HES Solar, a San Diego-based, full-service solar development and installation company.

Key Points: 
  • LAKESIDE, Calif., Feb. 23, 2022 /PRNewswire/ --Energy Toolbase, a leading provider of energy storage software solutions,has commissioned a behind-the-meter energy storage project with HES Solar, a San Diego-based, full-service solar development and installation company.
  • HES Solar installed a BYD Chess energy storage system, integrated with Energy Toolbase's Acumen EMS controls software, alongside a SunPower solar photovoltaic system for a Fortune 100 food and beverage industry client.
  • "HES Solar has been a longtime, loyal user of Energy Toolbase's modeling software," said Ross Williams, CEO at HES Solar.
  • Energy Toolbase rebranded its energy storage controls product to Acumen EMS in October of 2020, following its merger with Pason Power.

Global Electric Bus Market Report 2022: Focus on Battery Electric Bus, Plug-in Hybrid Electric Bus and Fuel Cell Electric Bus - ResearchAndMarkets.com

Retrieved on: 
Friday, February 18, 2022

The "Global Electric Bus Market (Battery Electric Bus, Plug-in Hybrid Electric Bus and Fuel Cell Electric bus): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Electric Bus Market (Battery Electric Bus, Plug-in Hybrid Electric Bus and Fuel Cell Electric bus): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)" report has been added to ResearchAndMarkets.com's offering.
  • Growth in the global electric bus market was supported by factors such as rapid urbanization, increased oil prices, the surge in air pollution, government initiatives and falling prices of batteries.
  • The global electric bus market by propulsion can be segmented as follows: battery-electric bus, plug-in hybrid electric bus and fuel cell electric bus.
  • In 2021, the dominant share of the global electric bus market was held by battery-electric buses, followed by plug-in hybrid electric buses and fuel cell electric buses.

Axis Technologies Group Inc. (OTC: AXTG) signs strategic partnership with Wanhubaidian Electronic Digital Technology (Shenzhen) Co., Ltd.

Retrieved on: 
Thursday, February 10, 2022

Los Angeles, CA, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Axis Technologies Group, Inc. (OTC Pink: AXTG) ('AXTG' or the 'Company') has announced a groundbreaking strategic partnership with Wanhubaidian Electronic Digital Technology (Shenzhen) Co., Ltd ("Wanhubaidian)"., the co-owner of a tradition agricultural logistic group with more than 6,000 members network in China.

Key Points: 
  • Los Angeles, CA, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Axis Technologies Group, Inc. (OTC Pink: AXTG) ('AXTG' or the 'Company') has announced a groundbreaking strategic partnership with Wanhubaidian Electronic Digital Technology (Shenzhen) Co., Ltd ("Wanhubaidian)"., the co-owner of a tradition agricultural logistic group with more than 6,000 members network in China.
  • By 2026, 25% of people will spend at least one hour a day in the metaverse for work, shopping, education, social and/or entertainment, according to Gartner, Inc.
    AboutWanhubaidian Electronic Digital Technology (Shenzhen) Co., Ltd.
    A Shenzhen based technology integration and software support company.
  • The main business includes supporting agricultural logistic and day to day mobile commerce to existing 6,000+ membership owned shops operate in whole of China.
  • Axis Technologies Group, Inc.: Axis Technologies Group, Inc. (OTC Pink: AXTG) is a publicly traded holding company focused on the promotion, development, management and marketing of various aspects of businesses surrounding all aspects of decentralized finance (DeFi).

Insights on the Lithium-ion Battery Global Market to 2027 - by Product Type, Power Capacity, Application and Region

Retrieved on: 
Monday, February 7, 2022

The global lithium-ion battery market reached a value of US$ 39.41 Billion in 2021.

Key Points: 
  • The global lithium-ion battery market reached a value of US$ 39.41 Billion in 2021.
  • Looking forward, the publisher expects the market to reach US$ 83.62 Billion by 2027, exhibiting a CAGR of 13.62% during 2022-2027.
  • These insights are included in the report as a major market contributor
    A lithium-ion battery (LIB) is a rechargeable battery that utilizes an intercalated lithium compound as its electrode.
  • What is the structure of the global lithium-ion battery market and who are the key players?

Global Hybrid Vehicle Market Report (2021-2026) - Hybrid Vehicle Market is Anticipated to Grow at an Increased Rate of Intensifying Government Regulations - ResearchAndMarkets.com

Retrieved on: 
Monday, December 13, 2021

The Global Hybrid Vehicle Market was valued at USD 146.34 Billion in the year 2020.

Key Points: 
  • The Global Hybrid Vehicle Market was valued at USD 146.34 Billion in the year 2020.
  • Surging global production of Automobile and Consumer Electronic and the increasing incorporation of Hybrid Vehicle are the significant elements stimulating the market expansion.
  • The advancements in Hybrid vehicles and increased use of electronics devices drive the Hybrid Vehicle market.
  • During 2021-2026, Hybrid Vehicle Market is anticipated to grow at an increased rate of intensifying government regulations in various parts of the world.