Dear Auto Components Working Group Members,
The European Chamber is delighted to invite you to join Auto Components Working Group Meeting: EV Battery Market Assessment and Opportunities at 9.00-10.30 am, 27th of April 2018 at the European Chamber Shanghai Office. Speaker information: During the meeting, Dr. Teng Yong, Managing Director of L.E.K. Consulting will share his perspective on the future of mobility.
Electric vehicle (EV) battery accounts for 1/3 to 1/2 of total value of EV production and is the core of entire EV value chain. It is predicted that China will account for 60-65% of global production capacity for EV batteries by 2020, becoming world’s most critical market. As the market and technology continue to develop, vertical integrations among different sectors become more visible.