PUBLISHER: The Business Research Company | PRODUCT CODE: 1810112
PUBLISHER: The Business Research Company | PRODUCT CODE: 1810112
Electric vehicle (EV) battery plant construction involves the design, development, and establishment of specialized manufacturing facilities focused on producing batteries for electric vehicles. These plants employ advanced technologies to support the large-scale production of lithium-ion and next-generation batteries, covering processes such as electrode manufacturing, cell assembly, module and pack integration, and battery testing.
The key components of EV battery plant construction include buildings and infrastructure, machinery and equipment, energy storage systems, control systems, and automation. The buildings and infrastructure provide the necessary physical foundation for large-scale production and operations. The plants utilize various battery types, including lithium-ion, solid-state, lead-acid, and nickel-metal hydride (NiMH) batteries. Construction activities encompass new plant builds, expansions, and renovations, with plant capacities ranging from up to 10 gigawatt-hours, 10 to 50 gigawatt-hours, and above 50 gigawatt-hours.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.
The electric vehicle (EV) batteries plant construction market research report is one of a series of new reports from The Business Research Company that provides electric vehicle (EV) batteries plant construction market statistics, including the electric vehicle (EV) batteries plant construction industry global market size, regional shares, competitors with the electric vehicle (EV) batteries plant construction market share, detailed electric vehicle (EV) batteries plant construction market segments, market trends, opportunities, and any further data you may need to thrive in the electric vehicle (EV) batteries plant construction industry. This electric vehicle (EV) batteries plant construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The electric vehicle (EV) battery plant construction market size has grown rapidly in recent years. It will grow from $10.35 billion in 2024 to $11.51 billion in 2025 at a compound annual growth rate (CAGR) of 11.2%. The growth during the historic period can be attributed to increasing consumer demand for electric vehicles, heightened investments in EV battery technologies, greater adoption of renewable energy sources, expanding government support and subsidies, and a global emphasis on achieving carbon neutrality goals.
The electric vehicle (EV) battery plant construction market size is expected to see rapid growth in the next few years. It will grow to $17.37 billion in 2029 at a compound annual growth rate (CAGR) of 10.8%. The anticipated growth in the forecast period can be attributed to expanding partnerships and joint ventures among automotive OEMs, increasing demand for energy storage applications beyond the automotive sector, ambitious expansion plans by leading battery manufacturers, accelerating urbanization and smart city projects, and rising demand for fast-charging infrastructure. Key trends expected during this time include improvements in lithium-ion battery technology, the integration of renewable energy sources within battery plants, innovations in battery recycling technologies, the development of modular and scalable battery pack designs, and advancements in battery thermal management systems.
The growing consumer demand for electric vehicles is expected to drive the expansion of the electric vehicle (EV) battery plant construction market moving forward. Electric vehicles are powered fully or partially by electricity stored in rechargeable batteries. This rising demand is largely fueled by increasing fuel prices, making electric vehicles a more cost-effective and economical mode of transportation. EV battery plants produce batteries for electric vehicles, ensuring a reliable and scalable supply that supports wider adoption and improves production efficiency. For example, in January 2025, Cox Automotive, a US-based system software company, revised electric vehicle sales upward to 1,212,758 units in 2023, marking a 49% increase compared to 2022. Sales continued to rise by 7.3% in 2024, reaching 1,301,411 units. Consequently, the surge in consumer demand for electric vehicles is driving growth in the EV battery plant construction market.
Leading companies in the electric vehicle battery plant construction market are focusing on adopting innovative technologies such as the ARC technology stack to boost battery design efficiency, scalability, and production speed. The ARC technology stack is a modular platform for battery design and manufacturing that simplifies the development of custom EV battery packs by reducing design time, enhancing scalability, and accelerating the transition from prototype to production. For instance, in February 2025, Ionetic Ltd., a UK-based software-accelerated battery pack technology firm, launched a £5 million ARC fab pilot facility in Brackley, UK. This facility is intended to implement the ARC technology stack and speed up the production of custom EV battery packs with improved efficiency and scalability, while reducing time-to-market. Spanning 5,000 square feet, the facility is expected to be fully operational by the third quarter of 2025 and will serve as Ionetic's global headquarters. It is designed to support battery pack development for a specialist original equipment manufacturer producing trucks, buses, and off-highway commercial vehicles.
In December 2022, Arcadis N.V., a Netherlands-based construction company, acquired DPS Group Global Limited for an undisclosed amount. This acquisition aims to bolster Arcadis N.V.'s presence in the high-tech industrial manufacturing sector by incorporating DPS Group Limited's expertise in designing and constructing facilities for life sciences, semiconductors, and electric vehicle batteries. The deal enables Arcadis to offer comprehensive full-service solutions across North America and Europe, expand its Places business segment, add 2,850 professionals to its workforce, and accelerate growth through established client relationships and enhanced project delivery capabilities in advanced technology markets. DPS Group Limited is an Ireland-based consultancy, engineering, and construction management company specializing in life sciences, semiconductor manufacturing, and EV battery facilities.
Major players in the electric vehicle (ev) batteries plant construction market are Volkswagen AG, Toyota Motor Corporation, Panasonic Energy Co. Ltd., SK Innovation Co. Ltd., Contemporary Amperex Technology Co. Limited, LG Energy Solution Ltd., Samsung SDI Co. Ltd., Sunwoda Electronic Co. Ltd., Barton Malow Company, EVE Energy Co. Ltd., Northvolt AB, VinFast Auto Ltd., Amara Raja Energy & Mobility Limited, BMZ Batterien-Montage-Zentrum GmbH, Ola Electric Mobility Private Limited, Shenzhen BAK Power Battery Co. Ltd., Microvast Holdings Inc., Forsee Power SA, Electrovaya Inc., Amplify Cell Technologies LLC, SVOLT Energy Technology Co. Ltd.
Asia-Pacific was the largest region in the electric vehicle (EV) batteries plant construction market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in electric vehicle (EV) batteries plant construction report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the electric vehicle (EV) batteries plant construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electric vehicle (EV) batteries plant construction market consists of revenues earned by entities by providing services such as site selection and feasibility studies, engineering, procurement, and construction (EPC) services, design and architecture services, utility and infrastructure development, environmental and regulatory compliance services. The market value includes the value of related goods sold by the service provider or included within the service offering. The electric vehicle (EV) batteries plant construction market also includes sales of battery cell production lines, material handling systems, power supply infrastructure, electrode coating machines, and structural construction materials. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electric Vehicle (EV) Batteries Plant Construction Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on electric vehicle (ev) batteries plant construction market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for electric vehicle (ev) batteries plant construction ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electric vehicle (ev) batteries plant construction market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.