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Electric vehicle market share set to exceed 50% from 2033, battery demand to plateau at 20 TWh in mid-2040s

The market penetration of electric vehicles is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for both transportation and grid storage. Rystad Energy’s latest Energy Transition Report reveals that the share of EVs in global new passenger car sales is set to quadruple […]

Ather Energy ties up with BPCL to expand charging infrastructure