EV dominating the automobile future: Electric Vehicle Battery market to reach 40.6 million units by 2026
As per the statistics of the Federal Transport Authority (FTA), the global EV battery market is expected to touch 40.6 million units by 2026. This sudden swing towards EV is accredited to the intensifying oil prices. Moreover, universal concerns on climate change, along with the upsetting pollution levels noticed in major cities, have generated substantial demand for EV.
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