CIBC battery

EV Battery Manufacturing

EV Battery Manufacturing refers to the process of producing batteries specifically designed for electric vehicles (EVs). This manufacturing involves the assembly of various components such as cells, modules, and packs, which store and provide electrical energy to power electric motors. The primary types of batteries used in EVs are lithium-ion batteries, known for their high energy density, long cycle life, and relatively low self-discharge rates. The manufacturing process includes several stages, such as sourcing raw materials (like lithium, cobalt, and nickel), processing these materials into battery components, assembling the battery cells into modules, and integrating them into complete battery packs. This industry plays a critical role in the growing demand for electric vehicles, contributing to advancements in technology, sustainability, and efficiency in energy storage systems.