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Extending EV batteries lifespan: Challenges and solutions

By Gunjan Malhotra The transportation sector, second-largest greenhouse gas emitter, is aiming to reduce environmental impacts. The market for electric vehicles has grown significantly in the past five years, driven by customer preference for zero-emission vehicles, particularly electric scooters. Despite the COVID-19 pandemic impacting vehicle production, overall sales volumes remained positive. The market for all electric vehicles is expected to grow from $388.1 billion in 2023 to $951.9 billion by 2030 at a 13.7 per cent CAGR. The electric vehicle (EV) battery is crucial for long-term performance and efficiency, and...