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The Electric Vehicle Range Extender (EVRE) market is a subset of the automotive battery market. It is composed of batteries that are used to extend the range of electric vehicles. These batteries are typically smaller than the main battery used to power the vehicle, and are designed to provide additional power when the main battery is depleted. EVREs are typically used in hybrid and plug-in hybrid electric vehicles, and are becoming increasingly popular as the range of electric vehicles increases.
EVREs are typically composed of lithium-ion cells, and are designed to be lightweight and compact. They are also designed to be easily recharged, either through the vehicle's main battery or through an external charging source. This allows for greater flexibility in the use of the vehicle, as the EVRE can be recharged while the vehicle is in motion.
The EVRE market is growing rapidly, as more and more electric vehicles are being produced. This growth is driven by the increasing demand for electric vehicles, as well as the need for extended range.
Some companies in the EVRE market include Panasonic, LG Chem, Samsung SDI, and BYD. Show Less Read more
