3 Articles
3 Articles
Clarios produces one-millionth 12 V lithium-ion battery - Charged EVs
US-based low-voltage battery manufacturer Clarios has produced its one-millionth 12 V lithium-ion battery for EVs. Clarios manufactures lithium titanate oxide (LTO) cells in Michigan and assembles systems in Europe, close to its customers. It also produces low-voltage lithium-ion batteries in Hanover, Germany. The company has also produced six million 10 Ah LTO prismatic power cells as part of its transition from a pure lead acid battery manufac…
Rising Electric Vehicle Demand Fuels Lithium Ion Battery Material Market Growth, Hit USD 371.0 billion by 2034
The global lithium-ion battery material market size is expected to achieve a valuation of USD 43.4 billion by 2024, propelled by the growing demand for high-density batteries. This trend is projected to create new market opportunities, leading to an impressive compound annual growth rate (CAGR) of 23.9% from 2024 to 2034, and reaching an estimated valuation of approximately USD 371.0 billion by 2034. Ensuring the safety of lithium ion batteries …
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