Global Passenger xEV Battery Market In 2022: 488.3 GWh (Up 70%)

, during the 12 months of 2022, about 488.3 gigawatt-hours of battery capacity was deployed onto roads globally in all newly sold passenger xEVs. That's about 70.2 percent more than a year ago.

Batteries for commercial xEVs, energy storage systems, or other applications are not included in the numbers.The second half of the year brought a new record of 291.7 GWh , which is also about 50 percent more than in H1 2022. For reference, in the 12 months of 2021, 286 GWh were deployed, while in 2020 it was 134.5 GWh. The progress is very fast and with all the new battery factories under construction, the market still accelerates.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Asian Stock Market: Global stocks climb as concerns over the banking sector diminishAsian trading hours on Tuesday reflect a positive risk appetite among investors, with most Asian stock futures in the green. MSCI's broadest index of
Source: FXStreetNews - 🏆 14. / 72 Read more »

Asian Stock Market: Mixed performance as the market awaits more clarity on banking frontAsian stock futures softened on Monday, exhibiting mixed performance, while US and European stock futures inched higher amid hopes that authorities we
Source: FXStreetNews - 🏆 14. / 72 Read more »