Tag Archives: 48 Volt Battery System Market

The increasing demand for electric vehicles, technological advancements in lithium-ion batteries, and government initiatives promoting sustainable transportation are all factors that are anticipated to propel the 48 volt battery system market to a 30% CAGR between 2024 and 2032. Despite the difficulties posed by disruptions in the supply chain and shortages of raw materials, major actors including LG Chem, Samsung ...