Google- Global battery demand is set to reach 4,100 gigawatt-hours by 2030, driven by surging electric vehicle (EV) sales, according to Bain & Company.
- Over 250,000 electric cars were sold weekly in 2023, highlighting a significant increase in EV adoption.
- Lithium-ion batteries will continue to dominate the market, with emerging technologies like solid-state and sodium-ion still in early stages.
- Recycling of EV batteries is anticipated to grow, influenced by new global regulations and innovative business models.
Read the full article on – Link