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    Argentina Electric Vehicles Battery Market

    ID: MRFR/AM/52429-HCR
    200 Pages
    Sejal Akre
    September 2025

    Argentina Electric Vehicles Battery Market Research Report By Battery Type (Lithium-Ion, Solid-State, Nickel-Metal Hydride, Lead-Acid), By Electric Vehicle Type (Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, Hybrid Electric Vehicle), By Application (Automotive, Public Transport, Two-Wheeler, Energy Storage System) and By Capacity (Below 20 kWh, 20 kWh to 50 kWh, 51 kWh to 100 kWh, Above 100 kWh)- Forecast to 2035

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    Argentina Electric Vehicles Battery Market Summary

    The Argentina Electric Vehicles Battery market is poised for substantial growth, projected to reach 4500 USD Million by 2035.

    Key Market Trends & Highlights

    Argentina Electric Vehicles Battery Key Trends and Highlights

    • The market valuation is expected to increase from 465.3 USD Million in 2024 to 4500 USD Million by 2035.
    • A compound annual growth rate (CAGR) of 22.91% is anticipated from 2025 to 2035.
    • The rapid expansion of electric vehicle infrastructure in Argentina is likely to drive market growth.
    • Growing adoption of electric vehicles due to increasing environmental awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 465.3 (USD Million)
    2035 Market Size 4500 (USD Million)
    CAGR (2025-2035) 22.91%

    Major Players

    Northvolt, CATL, EnerSys, BYD, A123 Systems, Valeo, General Motors, LG Chem, Panasonic, LG Energy Solution, SAFT, Exide Technologies, Samsung SDI, Yunasko, Tesla

    Argentina Electric Vehicles Battery Market Trends

    In Argentina, the electric vehicles battery market is witnessing a significant shift driven by various factors. One of the key market drivers is the government's commitment to sustainability, evidenced by policies that promote the use of electric vehicles (EVs) and the establishment of a national strategy for electric mobility. This strategy includes incentives for electric vehicle production and usage aimed at reducing greenhouse gas emissions and dependence on fossil fuels. 

    Additionally, the growing concern over air pollution in urban areas is pushing both consumers and businesses towards adopting cleaner transportation options, thereby fueling demand for electric vehicle batteries.There are numerous opportunities to be explored within this market, particularly in local manufacturing. With the presence of raw materials required for battery production, such as lithium, Argentina is positioned well to develop a robust supply chain for EV batteries. This local production can reduce reliance on imports, create jobs, and stimulate the economy, presenting a lucrative avenue for investors and manufacturers. 

    In recent times, there has been a marked increase in partnerships between private firms and government agencies aimed at enhancing the electric vehicle infrastructure, including charging stations and battery recycling programs.Moreover, as technology advances and battery costs decrease, a broader range of consumers is gaining access to electric vehicles. 

    Market Segment Insights

    Argentina Electric Vehicles Battery Market Segment Insights

    Argentina Electric Vehicles Battery Market Segment Insights

    Electric Vehicles Battery Market Battery Type Insights

    Electric Vehicles Battery Market Battery Type Insights

    The Argentina Electric Vehicles Battery Market has seen significant growth, particularly in its Battery Type segment. The increasing emphasis on sustainable transport and the growing adoption of electric vehicles have driven advancements in battery technology. Among the various types, Lithium-Ion batteries are widely recognized for their efficiency, energy density, and cycle longevity, making them a preferred choice in the electric vehicle industry due to their lightweight properties and compatibility with various electric vehicles.

    Meanwhile, Solid-State batteries are emerging as a promising alternative, showcasing advantages in safety and energy density, which positions them as a strong contender for the future of electric vehicle batteries.

    Nickel-Metal Hydride batteries continue to hold their ground in hybrid vehicles, valued for their robust performance and reliability, although they are gradually being overshadowed by newer technologies. Lead-Acid batteries, while older technology, still contribute to the market, particularly in applications where cost-effectiveness outweighs lightweight and capacity demands. This diverse battery landscape illustrates a vibrant competition among these technologies, each catering to specific vehicle types and consumer needs. 

    The Argentine government has been proactive in promoting electric mobility, further bolstering the demand for these advanced battery solutions.With policy support aimed at expanding the electric vehicle infrastructure, the Argentina Electric Vehicles Battery Market remains poised for continued growth, driven by technological advancements and the increasing need for green transportation solutions.

    Electric Vehicles Battery Market Electric Vehicle Type Insights

    Electric Vehicles Battery Market Electric Vehicle Type Insights

    The Argentina Electric Vehicles Battery Market is characterized by a diverse range of electric vehicle types, primarily including Battery Electric Vehicles, Plug-In Hybrid Electric Vehicles, and Hybrid Electric Vehicles. Battery Electric Vehicles are gaining traction due to their zero-emission capabilities, aligning with Argentina's environmental goals and regulations aimed at reducing air pollution. Plug-ybrid Electric Vehicles offers flexibility by combining an electric-only range with an internal combustion engine, catering to consumers who are gradually transitioning towards fully electric options.These vehicles help alleviate range anxiety, making them particularly appealing in a country where charging infrastructure is still developing. 

    Meanwhile, Hybrid Electric Vehicles provide a balanced approach, combining conventional engines with electric technology, which is important for consumers looking to optimize fuel efficiency while enjoying the benefits of electrification. The segmentation of the Argentina Electric Vehicles Battery Market reflects the growing consumer interest in sustainable transportation solutions. This interest is encouraged by various government initiatives and incentives aimed at promoting electric mobility and decreasing dependency on fossil fuels, further enhancing the market's potential for growth and innovation.

    Electric Vehicles Battery Market Application Insights

    Electric Vehicles Battery Market Application Insights

    The Argentina Electric Vehicles Battery Market is becoming increasingly significant, particularly within the Application segment. The automotive industry plays a pivotal role, driven by rising consumer demand for electric vehicles and government initiatives promoting sustainable transport solutions. Similarly, the public transport sector is transitioning towards electrification, seeking to reduce emissions and enhance energy efficiency. The two-wheeler segment is also capturing attention, as urban mobility trends favor electric scooters and motorcycles for their convenience and lower operating costs.

    Furthermore, energy storage systems are gaining traction in Argentina, supporting renewable energy integration and offering stability to the power grid. This diversification within the Application segment reflects the broader global push towards sustainability and clean energy, reinforcing Argentina's commitment to reducing carbon footprints and fostering green technology. The evolving landscape indicates that these segments not only contribute to the overall growth of the Argentina Electric Vehicles Battery Market but also highlight the country’s efforts to align with global sustainability goals.Each sector presents unique opportunities and challenges that shape the future direction of Argentina’s electric mobility landscape.

    Electric Vehicles Battery Market Capacity Insights

    Electric Vehicles Battery Market Capacity Insights

    The Argentina Electric Vehicles Battery Market focuses on various capacities, reflecting diverse consumer preferences and vehicle requirements. The segment includes capacities such as Below 20 kWh, 20 kWh to 50 kWh, 51 kWh to 100 kWh, and Above 100 kWh, each catering to distinct needs within the electric vehicle ecosystem. The Below 20 kWh category tends to serve smaller urban vehicles, promoting compactness and affordability, crucial for Argentina's growing urban population. 

    Meanwhile, the 20 kWh to 50 kWh segment supports a balance of range and efficiency, making it popular for medium-sized electric vehicles.The 51 kWh to 100 kWh range is significant for larger passenger vehicles and some electric buses, enhancing driving range and performance, which are pivotal for users seeking longer travel times without frequent recharging. Lastly, the Above 100 kWh capacity segment caters to high-performance vehicles and luxury models, which are gaining traction as Argentina moves toward sustainability and lower emissions standards.

    Overall, this market segmentation highlights an increasing consumer demand for electric vehicles tailored to varying needs, driven by advancements in technology and a growing emphasis on sustainability in transportation.

    Get more detailed insights about Argentina Electric Vehicles Battery Market Research Report- Forecast To 2035

    Key Players and Competitive Insights

    The Argentina Electric Vehicles Battery Market is witnessing an accelerated growth trajectory characterized by increasing demand for sustainable transportation solutions and a shift towards renewable energy sources. This market presents a competitive landscape where various players are vying for market share amid the backdrop of government initiatives promoting electric vehicle adoption and investments in charging infrastructure. With Argentina focusing on decarbonization efforts, companies in the battery manufacturing sector are exploring innovative technologies and partnerships to enhance their offerings and meet the evolving demands of the automotive industry.

    Stakeholders in this market must navigate regulatory challenges while simultaneously addressing consumer preferences for efficiency, affordability, and environmental impact. 

    The competitive dynamics are shaped by technology advancements, strategic alliances, and the ability to scale operations in response to market developments.Northvolt possesses a robust presence in the Argentina Electric Vehicles Battery Market, driven by its commitment to sustainability and technological innovation. The company is recognized for its ability to harness sustainable raw materials in the battery manufacturing process, catering to the growing demand for eco-friendly solutions. Northvolt's strategic partnerships with local automakers and governments in Argentina bolster its market position by enabling enhanced supply chain efficiency and localized production capabilities. 

    Moreover, the company's focus on developing high-performing, long-lasting battery cells aligns with the evolving requirements of electric vehicle manufacturers in the region. The firm is continually expanding its production capacity, which allows it to tap into the surging demand for electric vehicles in Argentina and deliver solutions that meet both performance benchmarks and sustainability goals.CATL also holds a significant position in the Argentina Electric Vehicles Battery Market, leveraging its extensive expertise in lithium-ion battery technology and sizable production capabilities. The company offers a diverse range of products, including high-performance battery packs tailored specifically for electric vehicles. 

    CATL's market presence in Argentina is further strengthened through collaborations with local automotive manufacturers, facilitating the integration of its battery technology into a variety of electric vehicle models. The firm is actively pursuing strategies that focus on local partnerships and investments to enhance production efficiencies within the region. Additionally, CATL has engaged in several mergers and acquisitions aimed at expanding its footprint and capabilities in the Argentine market. These strategic moves not only allow CATL to offer top-tier battery solutions but also position the company well against competition amidst a rapidly evolving regulatory landscape focused on green technologies.

    Key Companies in the Argentina Electric Vehicles Battery Market market include

    Industry Developments

    The Argentina Electric Vehicles Battery Market has seen significant developments recently, particularly with the increasing focus on sustainable energy and electric mobility. Companies such as Northvolt, CATL, and BYD are contributing to advancements as Argentina positions itself as a key player in lithium extraction, essential for battery production. The government has been proactive in creating incentives for electric vehicle adoption and the development of local battery manufacturing capabilities, aligning with global trends in sustainability. 

    However, no major mergers or acquisitions involving the mentioned companies have been reported in Argentina recently. The market valuation of firms such as LG Chem and Panasonic has been impacted by the growing demand for electric vehicles, boosting investor interest and collaboration within the industry. 

    Moreover, in the last two to three years, Argentina's exploration of its lithium reserves in provinces like Jujuy and Salta has intensified, which is expected to enhance local manufacturing and export capacities. As of mid-2023, Argentina's push towards electric mobility and battery production aims to significantly lower carbon emissions and spur economic growth by tapping into abundant natural resources.

    Market Segmentation

    Electric Vehicles Battery Market Capacity Outlook

    • Below 20 kWh
    • 20 kWh to 50 kWh
    • 51 kWh to 100 kWh
    • Above 100 kWh

    Electric Vehicles Battery Market Application Outlook

    • Automotive
    • Public Transport
    • Two-Wheeler
    • Energy Storage System

    Electric Vehicles Battery Market Battery Type Outlook

    • Lithium-Ion
    • Solid-State
    • Nickel-Metal Hydride
    • Lead-Acid

    Electric Vehicles Battery Market Electric Vehicle Type Outlook

    • Battery Electric Vehicle
    • Plug-In Hybrid Electric Vehicle
    • Hybrid Electric Vehicle

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 465.3 (USD Million)
    MARKET SIZE 2024 650.0 (USD Million)
    MARKET SIZE 2035 4500.0 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 19.231% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Northvolt, CATL, EnerSys, BYD, A123 Systems, Valeo, General Motors, LG Chem, Panasonic, LG Energy Solution, SAFT, Exide Technologies, Samsung SDI, Yunasko, Tesla
    SEGMENTS COVERED Battery Type, Electric Vehicle Type, Application, Capacity
    KEY MARKET OPPORTUNITIES Government incentives for EV adoption, Growing demand for renewable energy, Local manufacturing of batteries, Expansion of charging infrastructure, Increasing EV models availability
    KEY MARKET DYNAMICS growing EV adoption, government incentives, supply chain challenges, technological advancements, environmental regulations
    COUNTRIES COVERED Argentina

    FAQs

    What is the projected market size of the Argentina Electric Vehicles Battery Market in 2024?

    The Argentina Electric Vehicles Battery Market is expected to be valued at 650.0 USD Million in 2024.

    What is the expected market size for the Argentina Electric Vehicles Battery Market by 2035?

    By 2035, the market is projected to reach 4500.0 USD Million.

    What is the expected compound annual growth rate (CAGR) for the Argentina Electric Vehicles Battery Market between 2025 and 2035?

    The Argentina Electric Vehicles Battery Market is expected to grow at a CAGR of 19.231% from 2025 to 2035.

    Which battery type is expected to dominate the Argentina Electric Vehicles Battery Market in 2024?

    In 2024, the Lithium-Ion battery type is projected to dominate the market with a value of 400.0 USD Million.

    How much is the Lithium-Ion battery market expected to be worth by 2035?

    The Lithium-Ion battery segment is expected to grow significantly, reaching a value of 3000.0 USD Million by 2035.

    What are the expected market values for Solid-State batteries in 2024 and 2035?

    Solid-State batteries are anticipated to be valued at 150.0 USD Million in 2024 and 800.0 USD Million in 2035.

    What is the projected market value for Nickel-Metal Hydride batteries in 2035?

    The Nickel-Metal Hydride battery segment is expected to reach a market value of 400.0 USD Million by 2035.

    Who are the key players in the Argentina Electric Vehicles Battery Market?

    Major players in the market include Northvolt, CATL, EnerSys, BYD, A123 Systems, and Tesla among others.

    What is the market value of Lead-Acid batteries in 2024?

    The Lead-Acid battery segment is expected to be valued at 30.0 USD Million in 2024.

    What is the anticipated value for Lead-Acid batteries by the year 2035?

    By 2035, the Lead-Acid battery segment is projected to reach a value of 300.0 USD Million.

    Argentina Electric Vehicles Battery Market Research Report- Forecast To 2035 Infographic
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