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Future of EV Batteries Market Size, Share & Trends [2035]
Apr 16th, 2025 · Comments Off on Future of EV Batteries Market Size, Share & Trends [2035]
The global future of EV batteries market is projected to grow from 16 million units in 2024 to 62 million units by 2035, at a CAGR of 12.7%.
Higher standard batteries have been introduced due to recent developments in the EV market. Even though new batteries should increase EV performance and range, consumers are still hesitant to pick EVs over internal combustion engine (ICE) vehicles due to...