Battery Market: Advances in Electro Mobility Accentuate Cost Reduction for Battery Storage Systems
There has been palpable rise in the number of electrical vehicles (EVs) as the International Energy Agency's (IEA) 2019 report predicts there would be 250 million electric vehicles by 2030. The IEA in its report examined major areas of interest such as charging infrastructure, battery material demand and carbon dioxide emissions. The rate of cost reduction for battery storage systems will potentially continue for the next decade and will be linked to the advance of electro mobility. The IEA in...
View full press release