Get ready for the future of battery manufacturing

Manufacturers of batteries are in a unique position. The battery market has attained new heights as a result of unprecedented growth in the demand for electric vehicles (EVs), rising energy storage demands, and global government incentives for battery production. McKinsey predicts that the global demand for Li-ion batteries will soar over the next ten years, increasing to approximately 4.7 TWh in 2030. With increased demand and accelerated growth comes intense competition. In this rapidly evolving industry, battery manufacturers worldwide are confronted with obstacles.

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