By ZeroHedge – Jan 17, 2022, 11:00 AM CST
The global electric vehicle battery market has grown to $27 billion in 2021 and is expected to expand further in the coming years.
The companies with the highest share in this new market are concentrated in China, South Korea, and Japan.
Asian companies account for as much as 80% of global electric vehicle battery production.
With consumer interest in electric vehicles increasing, the global market for EV batteries has grown to the size of $27 billion in 2021 and is expected to continue expanding.In addition to having become a major hub for the manufacture of automotive parts,…