Live Breaking News & Updates on Research Summary On Battery Market

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NEW YORK, Jan. 6, 2021 /PRNewswire/ The global lithium-ion battery market size is expected to reach
USD 83.36 billion by 2027. according to a new study conducted by Polaris Market Research the market is 
anticipated to register a CAGR: 12.6% from 2020 to 2027. Emergence and increasing popularity for Electric Vehicles (EV) is expected to drive the demand for lithium-ion battery in automotive industry. The automotive industry has been witnessing a palpable shift from using nickel metal batteries to lithium-ion batteries in plug-in vehicles and EVs. Beneficial physical characteristics such as small size and lightweight have bolstered the demand for li-ion (lithium-ion) batteries across the ....

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