The global electric vehicle battery market is expected to achieve a CAGR of 16.06% and reach USD 147.64 billion by 2027, according to a TechSci Research report titled "Electric Vehicle Battery Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027". This growth is attributed to the increasing sales of electric vehicles and technological advancements that enhance battery pack performance. An electric vehicle battery is a rechargeable power source used to p