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Asia-Pacific’s EV battery market to reach 29.9 mn units by 2029, India’s FAME makes strides

Summary by Social News XYZ
New Delhi, Nov 25 (SocialNews.XYZ) The volume of xEV batteries, essential for powering electric vehicles. is projected to reach 29.9 million units in the Asia-Pacific region by 2029, at a compound annual growth rate (CAGR) of 9.3 per cent, a report said on Monday, stressing that India and Japan are making significant strides in promoting EV adoption through various government initiatives. The volume of the xEV traction batteries market is estima…
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