𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐚𝐧𝐚𝐝𝐚 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐚𝐧𝐚𝐝𝐚 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 is predicted to reach USD 14.95 billion with a CAGR of 17.4% till 2030. Canada is one of the leading countries in adoption of EVs. The government in Canada is promoting the use of EVs and undertaking several initiatives for electrification of public transportation to decarbonizing the transportation sector and transitioning to a low-carbon future. 𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬: 𝐍𝐞𝐱𝐭-𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 : Canada is positioning itself as a hub for innovation in the next generation of batteries, including solid-state batteries and sodium-ion batteries. These technologies promise higher energy densities, faster charging times, and lower costs compared to traditional lithium-ion batteries. Research into these technologies is being driven by both public funding and private-sector investments. 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐅𝐚𝐬𝐭-𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐚𝐧𝐝 𝐇𝐢𝐠𝐡-𝐄𝐧𝐞𝐫𝐠𝐲 𝐃𝐞𝐧𝐬𝐢𝐭 : With increasing demand for EVs, there is a strong push for batteries that offer fast charging and longer driving ranges. Canadian companies are exploring new battery materials, chemistries, and designs that provide higher energy densities, reducing the need for frequent recharging and improving the overall user experience. https://www.nextmsc.com/report/canada-battery-market

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