Global Electric Vehicle Batteries Market Outlook to 2030, by Battery Type and Vehicle Type - Press Release
Global Electric Vehicle Batteries Market Outlook to 2030, by Battery Type and Vehicle Type ResearchAndMarkets.com's offering. The global electric vehicles batteries market is expected to decline from $23.17 billion in 2019 to $22.24 billion in 2020 at a compound annual growth rate (CAGR) of -6.17%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $35.36 billion in 2023 at CAGR of 16.71%. Asia Pacific was the largest market in the electric vehicles batteries market i...