Electric Vehicle Battery Pack Is Expected to Grow at a CAGR 31.5% over the Next Five Years, and Reach USD 84.9 Billion in 2023, from USD 16.4 Billion in 2017
Electric vehicle battery pack is providing driving force by consuming the power and it is installed in the electric vehicle. Electric vehicle battery pack designed for Electric Vehicles (EVs) is complex and vary widely by manufacturers and specific application. However, they all incorporate a combination of several simple mechanical and electrical component systems which perform the basic required functions of the pack.
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