Lithium-Ion Battery Industry Overview
The global lithium-ion battery market was valued at an estimated USD 54.4 billion in 2023 and is projected to grow at a robust compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. A significant contributor to this growth is the automotive sector, which continues to adopt lithium-ion batteries due to their decreasing costs. The global push towards...
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