Europe: EV battery market size 2021-2027
In 2021, the size of the electric vehicle battery market in Europe reached a value of 5.34 billion U.S. dollars. It is projected that the market size will increase with a compound annual growth rate (CAGR) of 11.75 percent between 2022 and 2027, reaching the size of 11.52 billion U.S. dollars in 2027.