LMC Automotive blog: In 2021, the Light Vehicle battery market doubled in size

The global light vehicle battery market doubled in size in 2021 to 289 GWh. Over half of global demand was from vehicle production in China. BEVs accounted for 87% of demand, and this share continues to rise.
Battery cell plants around the world are already working at capacity, and the news from suppliers – large and....

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