Growing Battery Production Capacity Across the Region Have Propelled the Growth of the Electric Construction Equipment Market in APAC!
- Vikas Kumar
- November 24, 2023
- MINING & MACHINERY, NEWS
- Electric Construction Equipment Market, Electric Construction Equipment Market Growth, Electric Construction Equipment Market Share, Electric Construction Equipment Market Size, Electric Construction Equipment Market Trends
- 0 Comments
The demand for electric construction equipments is increasing due to the growing number of battery manufacturers worldwide with high manufacturing capacity (GWh). The demand for lithium-ion batteries for electric construction equipments is rising rapidly. For that reason, developing domestic battery supply chains, including battery manufacturing capacity, is becoming increasingly important as countries strive to shift away from gasoline vehicles to …
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