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The electric vehicle battery market has been bolstering with immense growth in the post covid world. The spread of Covid-19 crisis reduced the demand for the electric vehicle batteries in 2020 due to lockdown and trade barriers imposed on production and supply of goods and services. Now in 2021, prominent players are adopting business strategies such as sales contracts, strategic alliances, acquiring technical expertise, product approvals, patents and events, joint ventures, partnership agreements, collaborations, digital marketing, mergers and acquisitions, capacity utilizations, technological advancements etc to lead the global market for electric vehicle batteries.

5 Electric Vehicle Battery Manufacturers that will Make an Impact in 2021

• BYD

BYD is one of the leading electric vehicle battery manufacturers to watch out for in 2021. In April 2021, the company announced the launch of 4 new electric vehicles equipped with an ultra-safe battery technology developed by the company itself. The pure electric vehicles come with blade batteries. The brand has always ensured the safety offered by its batteries by conducting various safety standard tests and thereafter installing them in their vehicles.

• Cummins Inc.

Cummins Inc, a leading power solutions creator, joined hands with Bustech, Australia largest supplier of transit buses. The agreement aims at development of units for battery electric and fuel cell electric in 2021 and 2022. Cummins is working to provide the next evolution and extremely dependable solutions for Bustech. Alongside this, the company is adopting new technologies and forming batteries with lightweight enclosures and energy dense modules.

• EnerSys

EnerSys, one of the global leaders in stored energy solutions for industrial applications, announced the signing of an official agreement with NASCAR Racing Experience. EnerSys will supply NASCAR with ODYSSEY® batteries which are made with Thin Plate Pure Lead technology and can deliver a very long lasting power with the engine delivering 2700 amps for five seconds.

• Samsung SDI

Samsung SDI had set up the biggest booth in order to showcase its amazing batteries in the “Inter Battery 2020”. The business is led by green technology and promotes itself with- “Our Road to Green New Deal”. The batteries by the Samsung SDI can be used in electric, commercial and residential ESS. Samsung SDI pays immense attention to the battery features like fire protection technology and also has UL certification in the US for high safety.

• Ballard Power Systems Inc.

Ballard, a prominent player in the electric batteries market, announced the strategic partnership with Linamar Corporation on May 3rd 2021. The alliance aims at the development and sale of fuel cell cell powertrains and components for class 1 and 2 vehicles, weighing up to 5-tons, in North America and Europe. In addition to this, what makes the company a top manufacturer in 2021, is that the fuel cell electric vehicles powered by Ballard have driven over 75 million kilometers. This is equivalent to taking a circular ride across the globe 1870 times.