| Product Code: ETC6655411 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Canada EV battery market witnessed a significant increase in imports from 2020 to 2024. The Compound Annual Growth Rate (CAGR) during this period was 95.42%. In particular, the year-on-year growth rate for 20232024 stood at 42.29%, indicating a substantial rise in imports during that specific year.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada EV Battery Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada EV Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Canada EV Battery Market - Industry Life Cycle |
3.4 Canada EV Battery Market - Porter's Five Forces |
3.5 Canada EV Battery Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Canada EV Battery Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Canada EV Battery Market Revenues & Volume Share, By Battery Form, 2021 & 2031F |
3.8 Canada EV Battery Market Revenues & Volume Share, By Based on Vehicle Type, 2021 & 2031F |
3.9 Canada EV Battery Market Revenues & Volume Share, By Material type, 2021 & 2031F |
3.10 Canada EV Battery Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.11 Canada EV Battery Market Revenues & Volume Share, By Li-Ion Battery Component, 2021 & 2031F |
4 Canada EV Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicles (EVs) and EV batteries in Canada |
4.2.2 Increasing consumer awareness and acceptance of EVs leading to higher demand for EV batteries |
4.2.3 Growing investments in research and development for advanced EV battery technologies |
4.3 Market Restraints |
4.3.1 High initial cost of EV batteries compared to traditional internal combustion engine vehicles |
4.3.2 Limited charging infrastructure for EVs in Canada |
4.3.3 Supply chain disruptions affecting the availability of raw materials for EV battery production |
5 Canada EV Battery Market Trends |
6 Canada EV Battery Market, By Types |
6.1 Canada EV Battery Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Canada EV Battery Market Revenues & Volume, By Battery Type, 2021- 2031F |
6.1.3 Canada EV Battery Market Revenues & Volume, By Lead-Acid, 2021- 2031F |
6.1.4 Canada EV Battery Market Revenues & Volume, By Lithium-Ion, 2021- 2031F |
6.1.5 Canada EV Battery Market Revenues & Volume, By Solid-State, 2021- 2031F |
6.1.6 Canada EV Battery Market Revenues & Volume, By Nickel-Metal Hydride, 2021- 2031F |
6.1.7 Canada EV Battery Market Revenues & Volume, By Sodium-Ion, 2021- 2031F |
6.1.8 Canada EV Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Canada EV Battery Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Canada EV Battery Market Revenues & Volume, By BEV, 2021- 2031F |
6.2.3 Canada EV Battery Market Revenues & Volume, By PHEV, 2021- 2031F |
6.2.4 Canada EV Battery Market Revenues & Volume, By FCEV, 2021- 2031F |
6.2.5 Canada EV Battery Market Revenues & Volume, By HEV, 2021- 2031F |
6.3 Canada EV Battery Market, By Battery Form |
6.3.1 Overview and Analysis |
6.3.2 Canada EV Battery Market Revenues & Volume, By Prismatic, 2021- 2031F |
6.3.3 Canada EV Battery Market Revenues & Volume, By Pouch, 2021- 2031F |
6.3.4 Canada EV Battery Market Revenues & Volume, By Cylindrical, 2021- 2031F |
6.4 Canada EV Battery Market, By Based on Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Canada EV Battery Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.4.3 Canada EV Battery Market Revenues & Volume, By Vans/Light Trucks, 2021- 2031F |
6.4.4 Canada EV Battery Market Revenues & Volume, By Medium & Heavy Trucks, 2021- 2031F |
6.4.5 Canada EV Battery Market Revenues & Volume, By Buses, 2021- 2031F |
6.4.6 Canada EV Battery Market Revenues & Volume, By Off-Highway Vehicles, 2021- 2031F |
6.5 Canada EV Battery Market, By Material type |
6.5.1 Overview and Analysis |
6.5.2 Canada EV Battery Market Revenues & Volume, By Cobalt, 2021- 2031F |
6.5.3 Canada EV Battery Market Revenues & Volume, By Lithium, 2021- 2031F |
6.5.4 Canada EV Battery Market Revenues & Volume, By Natural Graphite, 2021- 2031F |
6.5.5 Canada EV Battery Market Revenues & Volume, By Manganese, 2021- 2031F |
6.5.6 Canada EV Battery Market Revenues & Volume, By Iron, 2021- 2031F |
6.5.7 Canada EV Battery Market Revenues & Volume, By Phosphate, 2021- 2031F |
6.5.8 Canada EV Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.5.9 Canada EV Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Canada EV Battery Market, By Battery Capacity |
6.6.1 Overview and Analysis |
6.6.2 Canada EV Battery Market Revenues & Volume, By <50 kWh, 2021- 2031F |
6.6.3 Canada EV Battery Market Revenues & Volume, By 50110 kW, 2021- 2031F |
6.6.4 Canada EV Battery Market Revenues & Volume, By 111200 kWh, 2021- 2031F |
6.6.5 Canada EV Battery Market Revenues & Volume, By 201300 kWh, 2021- 2031F |
6.6.6 Canada EV Battery Market Revenues & Volume, By >300 kWh, 2021- 2031F |
6.7 Canada EV Battery Market, By Li-Ion Battery Component |
6.7.1 Overview and Analysis |
6.7.2 Canada EV Battery Market Revenues & Volume, By Positive Electrode, 2021- 2031F |
6.7.3 Canada EV Battery Market Revenues & Volume, By Negative Electrode, 2021- 2031F |
6.7.4 Canada EV Battery Market Revenues & Volume, By Separator, 2021- 2031F |
6.7.5 Canada EV Battery Market Revenues & Volume, By Separator, 2021- 2031F |
7 Canada EV Battery Market Import-Export Trade Statistics |
7.1 Canada EV Battery Market Export to Major Countries |
7.2 Canada EV Battery Market Imports from Major Countries |
8 Canada EV Battery Market Key Performance Indicators |
8.1 Average EV battery capacity per vehicle sold in Canada |
8.2 Adoption rate of EVs in different provinces or regions |
8.3 Number of charging stations per capita in Canada |
8.4 Investment in EV battery technology research and development |
8.5 Percentage of EV battery recycling rate in Canada |
9 Canada EV Battery Market - Opportunity Assessment |
9.1 Canada EV Battery Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Canada EV Battery Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Canada EV Battery Market Opportunity Assessment, By Battery Form, 2021 & 2031F |
9.4 Canada EV Battery Market Opportunity Assessment, By Based on Vehicle Type, 2021 & 2031F |
9.5 Canada EV Battery Market Opportunity Assessment, By Material type, 2021 & 2031F |
9.6 Canada EV Battery Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.7 Canada EV Battery Market Opportunity Assessment, By Li-Ion Battery Component, 2021 & 2031F |
10 Canada EV Battery Market - Competitive Landscape |
10.1 Canada EV Battery Market Revenue Share, By Companies, 2024 |
10.2 Canada EV Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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