Aptiv PLCAptiv's Q2 net income declined despite higher sales, causing a 16.6% drop.
The global electric vehicle battery market is projected to grow from USD 103.04 billion in 2026 to USD 168.95 billion by 2035, at a compound annual growth rate of 5.6%. The 50-110 kWh battery capacity segment is expected to lead, balancing range, cost, and performance for mass-market and premium vehicles. Europe is anticipated to hold a substantial market share due to regulatory support and regional battery investments. In stock movements, Zebra Technologies rose 26.5% to $368.83 after reporting strong Q2 earnings and upbeat guidance, while Aptiv fell 16.6% to $47.72 following a decline in Q2 net income despite higher sales.
Aptiv PLCAptiv's Q2 net income declined despite higher sales, causing a 16.6% drop.
Zebra Technologies CorporationZebra Technologies reported strong Q2 earnings and upbeat guidance, rising 26.5%.
Tesla IncArticle discusses EV battery market growth, indirectly relevant to Tesla as an EV maker.