The battery market size was valued at $55 billion in 2020
/EIN News/ — LONDON, June 15, 2022 (GLOBE NEWSWIRE) — The batteries market is expected to grow at a CAGR of over 13% during the forecast period. The accelerating EV industry (passenger cars and commercial vehicles) will be front and center of the battery market growth over the next decade. Both the battery and EV industries will have to work closely with the public sector, capital markets, and other stakeholders to scale cheaper, longer life, cleaner, and more recyclable batteries, battery components, and battery materials. Also, the circular battery economy will be critical to the energy transition, and it is vital for nations (and companies) to develop domestic recycling.
The Batteries Market Research Report offered by GlobalData Plc provides an overview of the battery market…
Batteries to be Critical for Energy Transition | Globaldata Plc
