Global Market for Lithium Ion Batteries Expected to Grow to $80 Billion by 2025
The global market for lithium-ion batteries is projected to experience significant growth, reaching $80 billion by 2025 compared to $24 billion in 2020. This substantial expansion is driven by the escalating demand for lithium-ion batteries in electric vehicles, consumer electronics, and industrial applications. A key factor propelling the growth of the lithium-ion battery market is […]