Advocates Say EV Batteries Have Many Uses
The electric vehicle battery segment is poised to grow significantly as the demand for EVs increases and automakers electrify their vehicle lineups. Experts predict that the market for EV batteries will see a compound annual growth rate of 26% and achieve a $175.11 billion valuation by 2028. Thanks to the versatility of EV technology, EV owners could soon be using their car batteries in a lot of ways. Back in 2019, winemaker James Tolroy watched his Adelaide Hills vineyard burn down thanks to the Cudlee Creek Bushfire. He tried to fight the fire with water from his dam, but since…
