You might have noticed that batteries are everywhere these days. They power phones and many other gadgets, but also more and more cars, bikes, scooters and vans. What’s more, they’re playing an increasing role in the electricity sector as a way of storing power to help balance supply and demand. As a result, the battery industry is growing quickly.
In 2024, the global battery market passed important milestones. As electric car sales rose by 25% to 17 million, annual battery demand for EVs