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2025-10-31 14:44:05 -

Traction Batteries Market to Hit 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...

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