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Electric Vehicles Today - Accelerating Growth Through Battery Innovations and Sustainability
The global market for electric vehicle (EV) battery cell and pack materials is projected to grow significantly, from USD 21.1 billion in 2024 to USD 48.7 billion by 2030. This growth is driven by the increasing adoption of electric vehicles, advancements in battery technology, and a global push towards environmental sustainability. Key innovations, such as solid-state batteries and alternative cathode and anode materials, are enhancing the energy efficiency, safety, and cost-effectiveness of...