Opportunity knocks for battery suppliers as EV demand charges up

Industry analysts have identified lucrative opportunities in the global battery market – but it’s a market fraught with pitfalls and challenges, writes Martin Kahl

The global market for battery applications is expected to be worth more than US$90bn by 2025. That’s according to a new study by management consultancy Arthur D. Little (ADL), which forecasts a 50% increase in battery market value over the ten years from 2015 thanks to rapidly growing demand for battery storage space….

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