The global natural gas vehicles (NGVs) market is entering a phase of steady expansion, supported by tightening emission regulations, increased adoption of hybrid electric vehicles, and rapid enhancements in natural gas production and refueling infrastructure. Valued at US$ 47.4 Bn in 2023, the market is projected to grow at a CAGR of 5.3% from 2024 to 2034, ultimately...
The global electric vehicle (EV) battery market is entering an era of unprecedented growth, driven by the worldwide transition to clean energy transportation. Valued at US$ 74.6 billion in 2024, the industry is projected to surge at a compound annual growth rate (CAGR) of 21.1% from 2025 to 2035, reaching an impressive US$ 566 billion by the end of the...