The global electric vehicle (EV) battery market is expected to grow from $17 billion to more than $95 billion between 2019 and 2028. With increasing demand to decarbonize the transportation sector, companies producing the batteries that power EVs have seen substantial momentum. Visual Capitalist's Bruno Venditti and Sabrina Lam have updated their previous infographic to show the world’s biggest battery manufacturers in 2022. Chinese Dominance Despite efforts from the United States and Europe to increase the domestic production of batteries,…
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