Electric vehicle (EV) battery market size to grow by USD 53,626.86 million from 2022 to 2027, Increasing demand for EVs and their expanded applications to influence market growth – Technavio

NEW YORK, May 17, 2023 /PRNewswire/ — Technavio has been monitoring the electric vehicle (EV) battery market, and it is expected to grow by USD 53,626.86 million during the five-year forecast period. As per the latest report, the market will progress at a CAGR of 19.57% during 2022-2027….