The electric vehicle battery industry is currently experiencing significant
growth due to various factors, such as the increasing demand driven by customer
preferences and efforts toward decarbonization. In India, electric vehicle
sales have surpassed one million units, tripling since 2021, which has
significantly boosted the demand for batteries.
As the EV battery market continues to grow, we can expect to
see new, enhanced, and more efficient batteries for applications across
industries.
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