Europe EV surge props busbar demand
European car sales rose 1.7% last month driven largely by EV uptake and subsidies, while Chinese brands like BYD are gaining share — that momentum is sending demand signals through EV supply chains. Laminated busbar market research confirms growth tied to EVs and renewable inverters, projecting the segment to exceed $1.33 billion by 2031. ( )
ACEA data show 158,280 battery‑electric vehicle registrations in the EU for February 2026, a 20.6% year‑on‑year rise, with BEVs holding an 18.8% market share year‑to‑date. (acea.auto) BYD registered 17,954 vehicles in Europe in February 2026, narrowly edging Tesla’s 17,664 units for the month according to ACEA‑based registration tallies reported by industry trackers. (cnevpost.com) Mordor Intelligence’s March 25, 2026 report values the laminated busbar market at about USD 987.47 million for 2026 and projects a 6.18% compound annual growth rate through 2031. (uk.finance.yahoo.com) The same Mordor release states epoxy coatings commanded roughly a 37%+ share of the laminated‑busbar coating segment in 2025 and pins EV battery packs, renewable‑energy inverters and high‑density data‑center backplanes as primary demand drivers. (uk.finance.yahoo.com) Commercial suppliers positioning for the automotive ramp—Mersen, Rogers (ROLINX) and Scherdel—promote laminated busbar products for EV battery modules, inverter interfaces and flexible battery connectors on their product pages. (mersen.com) Mordor highlights automakers’ move to modular battery architectures and adoption of wide‑bandgap power modules as technical trends that are increasing specifications for laminated‑busbar designs, including hybrid copper‑aluminum constructions for weight‑sensitive EV systems. (uk.finance.yahoo.com)
