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Europe's Electric Vehicle Battery Market Forecast to Grow, an Industrial Info Market Brief

Europe


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Europe's market for electric vehicle batteries is expected to grow 18% by the end of 2027, according to DIGITIMES. The total market is expected to reach $120 billion.

Industrial Info is tracking 30 capital-spending projects for battery manufacturing, worth more than $17 billion, across Europe's automotive sector. These projects include new facilities and expansions.