EV batteries are expensive. They require critical minerals like lithium ... By 2025, extraction and refining capacities are projected to be at 1,310 ktpa and 1,030 ktpa, respectively. By 2032 ...
The global grid scale battery market revenue was around US$ 4.9 billion in 2022 and is estimated to reach US$ 31 billion by 2032, growing at a compound annual growth rate (CAGR) of 18.2% during the ...