Currently, China holds 85% of the battery market and is expected to remain the market leader. However, the sheer scale of demand means other countries will have the opportunity to secure a piece of the market.
Seeing future economies will depend on batteries, the competition for a share of the market is fierce, and often described as a ‘battery arms race’.
Get ‘FREE OF CHARGE’ access to this and 350+ other valuable EV Market Reports in our database. Enjoy reading!