Our view is that the key to an EV’s success is an inexpensive and reliable power source. That power source is of course batteries. Thus, if one tries to gauge who the EV OEMs of tomorrow may be, look no further than the current crop of EV Battery suppliers. For it would be far easier for the Battery Producers to vertically integrate and roll out an automobile offering than it will be for Automobile OEMs to vertically integrate by way of producing batteries in house. Below we list some of the largest EV battery suppliers.
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