The global electric vehicle battery market is estimated to develop at a robust CAGR of 8.5% from 2022 to 2032. The target market will reach a valuation of US$ 18.09 billion in 2032, rising from US$ 8.68 billion in 2022. The market for electric vehicle batteries is strongly influenced by surging fuel prices, increasing use of lithium-ion batteries, and growing sales of hybrid/ electric...
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