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Electric Vehicles Today - Surging Investment in Battery Plant Construction Drives Market Growth
The global market for Electric Vehicle (EV) battery plant construction is experiencing significant growth due to increased consumer demand for EVs and government policies focusing on emission reductions. As outlined in a recent report, this market was valued at approximately $12.4 billion in 2024 and is projected to reach $24 billion by 2030, with a compound annual growth rate of 11.7%. Key factors driving this expansion include technological advancements like solid-state batteries and...