Global market for EV batteries expected to reach $250 billion by 2030 - Chinese official

Singapore News News

Global market for EV batteries expected to reach $250 billion by 2030 - Chinese official
Singapore Latest News,Singapore Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

SHANGHAI : The global market for electric vehicle (EV) batteries is expected to reach $250 billion by 2030, with demand exceeding 3.5 terrawatt hours, said Wan Gang, president of China's World New Energy Vehicle Congress, speaking in Beijing on Saturday.

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Upgraded but still having issues?.

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Upgraded but still having issues?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Panasonic plans additional $4 billion EV battery plant in US - WSJPanasonic plans additional $4 billion EV battery plant in US - WSJPanasonic Holdings Corp, a supplier to electric-car maker Tesla Inc, is in talks to build an additional electric vehicle (EV) battery plant in the United States at a cost of around $4 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.Panasonic is looking at Oklaho
Read more »

Panasonic plans additional $4 billion US EV battery plant - WSJPanasonic plans additional $4 billion US EV battery plant - WSJ:Panasonic Holdings Corp, a supplier to electric-car maker Tesla Inc, is in talks to build an additional electric vehicle (EV) battery plant in the United States at a cost of around $4 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.Panasonic is looking at Oklahoma
Read more »

Grab Singapore falls S$18 billion behind Indonesia’s GoTo Group - The Independent Singapore NewsGrab Singapore falls S$18 billion behind Indonesia’s GoTo Group - The Independent Singapore NewsGoTo is now worth US$26 billion (S$36.2 billion), or around twice that of Grab’s market value of US$13.32 billion (S$18.5 billion).
Read more »

Xiaomi in talks with Baic to reach goal of making EV carsXiaomi in talks with Baic to reach goal of making EV carsProduction tie-up will allow tech firm to finally secure a licence. Read more at straitstimes.com.
Read more »

Covid crisis helps push Chinese tycoon to billionaire statusCovid crisis helps push Chinese tycoon to billionaire statusShanghai United Imaging’s strong market debut has sent founder Xue Min’s fortune to more than US$5 billion.
Read more »

Chinese chip foundry SMIC to invest $7.5 billion in TianjinChinese chip foundry SMIC to invest $7.5 billion in TianjinSHANGHAI : Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Friday said it signed a framework agreement for a 12-inch foundry production line in Tianjin with registered capital of $5 billion and planned investment of $7.5 billion.
Read more »



Render Time: 2025-04-11 21:26:17