Tag: Traction Battery Market Trends

Introduction The global traction battery market is witnessing unprecedented growth, fueled by the rapid adoption of electric vehicles (EVs) and advances in battery technology. Traction batteries, pivotal in powering electric and hybrid vehicles, are at the heart of this transformation. This article […]

The Global Traction Battery Market size is predicted to reach $70 billion by 2031, growing at a CAGR of 12.7% during the forecast period 2024-2031, according to the latest market research report published by IndustryARC. The primary factors influencing the […]