Latest News In Electric Vehicles - Battery Testing Market Poised for Significant Global Expansion

The global electric vehicle (EV) battery testing market is on track for significant expansion, with projections indicating growth from $4 billion in 2025 to $9.4 billion by 2030. This anticipated surge is driven by the rising adoption of EVs, heightened focus on battery performance, and the implementation of rigorous regulations and standards worldwide, particularly in key regions such as the U.S., China, and Europe. As the global market transitions towards sustainable mobility solutions, ensuring the durability and compliance of EV batteries with international standards is becoming increasingly critical. The report provides a comprehensive analysis of market dynamics, including technological advancements, regulatory impacts, and competitive strategies, highlighting growth opportunities in diverse geographical areas.

In other market news, Sungrow Power Supply (SZSE:300274) was a standout up 7.4% and ending trading at CN¥154.20, hovering around its 52-week high. At the same time, Sensteed Hi-Tech Group (SZSE:000981) softened, down 9.9% to end the day at CN¥3.82.

NIO's push into recurring revenue through an expanded Power Swap network could stabilize margins and boost market share rapidly. Click to explore this opportunity and see how NIO is transforming the EV landscape.

Best EV Stocks

• QuantumScape (NYSE:QS) finished trading at $13.53 up 0.7%.
• NIO (NYSE:NIO) settled at $6.93 up 0.3%. NIO is presenting today at the Morgan Stanley Asia BEST Corporate Day in New York.
• Tesla (NasdaqGS:TSLA) settled at $425.85 down 1.9%. Two days ago, a proposal for a child labor audit was introduced for a shareholder vote at the company's upcoming annual meeting.

Taking Advantage

• Embark on your investment journey to our 74 EV Stocks selection, featuring Mercedes-Benz Group, Ford Motor and OFILM Group, right here.
• Want Some Alternatives? AI is about to change healthcare. These 31 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "EV Battery Testing Market Trends & Competition Outlook 2025-2030: Total Industry Revenues to More Than Double, Reaching $9.4 Billion by 2030" from Research and Markets on GlobeNewswire (published 23 September 2025)

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com