Traction Batteries Market to Reach USD 178.9 Billion by 2035
The global traction batteries market is entering an era of remarkable growth, fueled by the global transition toward electrification and clean mobility. Valued at USD 27.5 billion in 2020, the market is projected to reach USD 39.9 billion in 2025 and soar to an impressive USD 178.9 billion by 2035, expanding at a CAGR of 13.3%. This surge marks a pivotal shift in the energy landscape as governments, automakers, and manufacturers accelerate efforts to build a sustainable, emission-free future. Get this Report at $5000 Only (Report price) | Exclusive Discount Inside!: https://www.futuremarketinsights.com/reports/sample/rep-gb-1003 Powering the Future of Mobility Traction batteries—commonly known as electric vehicle (EV) batteries—are the heartbeat of electric mobility. They power electric cars, buses, forklifts, and even industrial machinery, enabling clean and efficient operations. Unlike conventional batteries, traction batteries offer exceptional power capacity, hig...