The first and most important thing that comes to our mind when it comes to electric vehicles is electrical storage, or EV battery. The limitations imposed due to excessive use of fossil fuels and oils have led to the automotive industry developing alternatives to fuel vehicles. There are a few available options that don’t use petrol, such as hydrogen fuel-based vehicles, solar energy-based vehicles, and electric vehicles. Electric vehicles have become the most viable option among all the available options. EV batteries are simply the devices in which the energy is stored, accepted in terms of charging, and delivered in terms of discharge. The type of battery used in EVs can differ in terms of the type of vehicle, whether it is a battery EV or a plug-in hybrid EV. There are some criteria which need to be fulfilled as a requirement for EV batteries in automotive applications, which are energy density, self-discharge rate, specific power, energy, efficiency cost, environmental concern, number of lifecycles, operating temperature range, recyclability, and other material properties according to their usage. The Netherlands is one of the leading nations in Europe in the adoption of electric vehicles. The Netherlands ranks fourth in the world among all countries in the share of plug-in electric vehicles in new passenger car sales. The share of the Netherlands in 2020 was 24.9%. It is ranked the second most friendly nation in the European EV ranking after Norway. It has more than 72,000 (semi) public AC charging points and more than 2100 DC fast charging points. The Dutch government has further introduced various subsidy schemes over the years to stimulate the market growth for EVs, which has resulted in the growth of the EV battery market there.
According to the report titled "Netherlands Electric Vehicle Battery Market Overview, 2027", published by Actual Market research, the EV battery market for the Netherlands is growing at a better rate due to extensive adoption of EVs there. The Netherlands government has introduced various subsidies in 2020 for individuals as well as businesses, which lower the cost of EVs. They have also announced tax exemptions to a certain extent, which will further lower EV costs. The market segment is divided into three types based on battery technology, which are lithium-ion batteries, lead acid batteries, and other sections including NiMH, sodium ion, and solid-state batteries. Li-ion batteries have increased in popularity as they are most commonly used in EVs because of their excellent specific energy, high power-to-weight ratio, good high-temperature performance, and low self-discharge rate. They are better at maintaining the ability to hold a full charge over time.
Furthermore, these batteries can be recycled with higher costs, but it is a good option regarding environmental aspects. The other kinds include lead acid batteries, which have a relatively low depth of discharge rate. These batteries are on the expensive side as their life capacity is not great, which is the reason why their use has declined in EVs. NiMH batteries are slower to charge and discharge and contain low power per weight, so a huge amount of time is required for the charging of the battery. Moreover, they cannot handle extreme heat and deteriorate faster, which makes them less ideal for EVs. They are used in HEVs to a certain extent. Other battery types, such as solid-state batteries, sodium-ion batteries, and other traditional batteries, are being researched and developed, which will be beneficial because the widespread use of these Li-ion batteries has put extreme strain on raw material mining capabilities, resulting in environmental degradation.
The division based on propulsion types includes battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs). In the Netherlands, BEVs are expected to have a major market share in the forecast years. BEVs play an important role in curbing pollutants and greenhouse gas emissions, and they are becoming more effective due to recent developments in technology for improved driving ranges as well as the availability of public charging infrastructure facilities, which has led to their enormous growth among propulsion types. PHEVs have declined in market share as the Dutch government realised that people were purchasing PHEVs to gain the incentive benefits but were barely using the electric motor. They decided to reduce the PHEV incentives and focus on battery electric vehicles (BEVs) instead. Based on vehicle types, the market is segmented into passenger and commercial electric vehicles. Passenger vehicles hold the majority of market share, while the commercial vehicle segment is growing at a steady pace and it is estimated to have a particular amount. The Asia-Pacific region is the world's leader in the electric vehicle batteries market and Europe is hugely reliant on countries like China, South Korea, and Japan for EV batteries, which has led to reduced growth in the EV battery market in comparison to the EV market, but with the recent establishment of giga factories and support of respective governments towards well-established domestic supply chains, has led to better growth opportunities for the EV battery market there.
In the Netherlands, during COVID-19 lockdowns, all the manufacturing facilities, supply chains, and consumer demands were affected adversely, which led to a slow-down in each and every sector except the EV segment, which grew at a good rate even during pandemic times, which can be seen through statistics that it ranked fourth among all the countries in the world with 10.7 EVs per 1000 residents in 2020 in the EVs per capita segment. In 2020, 21% of all newly registered cars were battery electric vehicles (BEVs) and 4% were plug-in hybrid electric vehicles (PHEVs). This high rate of uptake, particularly of BEVs, is a testament to the progressive electric vehicle policies implemented over the past several years. The Netherlands set an example by implementing strong incentive policies for electric vehicles, particularly BEVs, while setting disincentives in the form of significantly higher gasoline taxes for all cars, particularly diesel ones. These are the steps taken by the Netherlands that have bolstered the growth of the EV market there.
Considered in the report.
• Geography: Netherlands
• Historical year: 2016
• Base year: 2021
• Estimated year:2022
• Forecast year: 2027
Aspects covered in this report
• Netherlands electric vehicle battery market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Five force models.
• Top-profiled companies
• Strategic recommendation
By Battery type in the report
• Lithium-ion battery
• Lead-acid battery
• Others (Solid-state battery, Sodium-ion battery, Nickel metal hydride battery)
By Propulsion Type in the Report
• Battery Electric Vehicle (BEVs)
• Plug-in Hybrid Electric Vehicles (PHEVs)
• Hybrid Electric Vehicles (HEVs)
By the vehicle type in the report.
• Passenger Vehicle type
• Commercial Vehicle type
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases and annual reports of companies, analyzing government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. After this, we have started making primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to electric vehicle battery industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.