Albany, NY -- (SBWIRE) -- 01/22/2016 -- The study presents a 360° view of the development of the battery industry for hybrid electric vehicles in 2015. Plug-in hybrid electric vehicles are gaining traction due to their ability to reduce the dependence on gasoline, driving the global hybrid electric vehicle industry, says the report.

Electric vehicles (EVs) of all types utilize a battery that stores electric energy to power the motor. These batteries are charged by plugging the vehicle into an electric power source, which mostly works on alternating current (AC). In the U.S., whilst most forms of energy generation are associated with pollution concerns; contrarily, all-electric vehicles have been categorized as zero-emission vehicles by the U.S. Environmental Protection Agency due to the fact that they produce no direct emissions. This is augmenting the manufacture of vehicular batteries for electric vehicles.

The research report begins with an overview of terms and terminologies, standards, and conventions that are used in the electric vehicle battery industry for nomenclature purposes. Going ahead, a glance into the industry chain structure, classifications, and applications is presented in the report. Insights into industry policies and recent industry news are also included at the end of this section.

The 155-page report is an important tool for companies and individuals to gauge the progression of the industry in 2015. The report includes a total of 169 tables and figures that depict the various indicators and their progression analytics in the global hybrid electric vehicle industry in 2015. Data for research purpose was gathered from accredited agencies and proprietary databases of companies to analyze the development of this industry in 2015. Extensive interviews were carried out by industry experts and opinion leaders for their viewpoint about the growth prospects of this industry in the coming years.

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The report covers information about manufacturing processes and the cost structure pertaining to hybrid electric vehicle batteries at length. To examine this, raw material costs, equipment costs, labor costs, and other costs are aggregated to calculate the production cost of the battery. A bird's eye view of the manufacturing process of hybrid electric vehicle batteries is also included in the report. Furthermore, cost price, gross profit, and revenue of the global hybrid electric vehicle industry for the 2010-2015 period is included as well.

Included in the report is data regarding the competitive hierarchy of the global hybrid electric vehicle battery industry. The top companies that operate in this industry are mentioned and are profiled for their key attributes. Panasonic EV Energy, BYD, Sanyo Electric, and Optimum Battery are the major companies that have been profiled for their business positioning, financial standing, product portfolio, recent developments, and SWOTs.

The report concludes with a feasibility and profitability analysis of new project investments for hybrid electric vehicle batteries

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