Second-life EV Batteries Market Projected to Reach USD 20.25...

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2024-05-23 07:08:13 -

Second-life EV Batteries Market Projected to Reach USD 20.25 Billion by 2030, Driven by Environmental and Renewable Energy Initiatives

The global second-life EV batteries market is expected to achieve a valuation of USD 20.25 billion by 2030, exhibiting a remarkable compound annual growth rate (CAGR) of 39.1% from 2023 to 2030. Key factors propelling this growth include heightened efforts to mitigate the environmental impacts of battery disposal, the increasing adoption of renewable energy sources, and the rising proliferation...

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