Traction Battery Market: Growth, Applications, and Future...

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2025-12-05 12:34:55 - Translate

Traction Battery Market: Growth, Applications, and Future Opportunities

IntroductionThe global traction battery market is witnessing significant growth, driven by the rapid adoption of electric vehicles (EVs) and the increasing focus on sustainable transportation. According to Stratview Research, the traction battery market was estimated at US$ 45.87 billion in 2022 and is projected to grow at an impressive CAGR of 21.1% during 2023–2028, reaching US$ 145.02...

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