Driving Sustainability with Second-Life EV Batteries: Market Trends and Opportunities
The global second-life EV batteries market is set for remarkable growth, with projections estimating it will reach $28.17 billion by 2031, at an impressive CAGR of 43.9% from 2024 to 2031. This rapid expansion underscores the pivotal role second-life EV batteries are poised to play in addressing environmental challenges and fostering sustainability in energy systems.
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