India’s lithium battery market to reach 2.6 GW in 2021, 116 GW in 2030
According to a new research report by JMK Research and the Institute of Energy Economics and Financial Analysis (IEEFA), India’s annual lithium-ion battery market will grow from 2.6 GWh in 2020-21 to 116 GWh in 2029-30, with electric vehicles (EV) accounts for 90% of the overall market. The report expects lithium-ion battery demand for automotive applications to increase …
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