The global residential battery market was valued at USD 9.87 billion in 2020, and it is anticipated to reach USD 23.03 billion by 2026, at a CAGR of 15.84% during 2021-2026. The COVID-19 pandemic is expected to moderately impact the market due to the decr…
With more automakers aiming to market cheaper, longer-range plug-in cars, demand for lithium-ion automotive batteries rose sharply in 2017. Unfortunately, high costs of lithium-ion battery cells have been one of the main hindrances to large-scale electric…