Global market for EV batteries expected to reach $250 bln by 2030 – Chinese official
SHANGHAI — The global market for electric
vehicle (EV) batteries is expected to reach $250 billion by
2030, with demand exceeding 3.5 terrawatt hours, said Wan Gang,
president of China’s World New Energy Vehicle Congress, speaking
in Beijing on Saturday.
(Reporting by Josh Horwitz and Zoey Zhang; Editing by Kenneth
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