The global electric vehicle (EV) battery testing market is on track for significant expansion, with projections indicating growth from $4 billion in 2025 to $9.4 billion by 2030. This anticipated surge is driven by the rising adoption of EVs, heightened focus on battery performance, and the implementation of rigorous regulations and standards worldwide, particularly in key regions such as the U.S., China, and Europe. As the global market transitions towards sustainable mobility solutions, ensuring the durability and compliance of EV batteries with international standards is becoming increasingly critical. The report provides a comprehensive analysis of market dynamics, including technological advancements, regulatory impacts, and competitive strategies, highlighting growth opportunities in diverse geographical areas.
In other trading, Sungrow Power Supply was a standout up 7.4% and ending the day at CN¥154.20, hovering around its 52-week high. At the same time, Sensteed Hi-Tech Group trailed, down 9.9% to end the day at CN¥3.82.
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QuantumScape finished trading at $13.53 up 0.7%.
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NIO ended the day at $6.93 up 0.3%. NIO presented at Morgan Stanley Asia BEST Corporate Day in New York, today.
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Tesla finished trading at $425.85 down 1.9%. This week, a shareholder proposal was filed requesting a child labor audit at Tesla’s upcoming annual meeting.
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