Global Automotive Batteries Market 2020-2024 | Evolving Opportunities with Amara Raja Batteries Ltd. and East Penn Manufacturing Co. Inc. | Technavio
The market is driven by the decline in price of automotive batteries for electric vehicles.
- The market is driven by the decline in price of automotive batteries for electric vehicles.
- In addition, the rise in sales of passenger cars leading to growth in demand for automotive batteries is anticipated to boost the growth of the market.
- The company offers products such as Genesis EP batteries, Genesis NP batteries, Genesis XE batteries, Fiamm Motive power batteries, and Hawker ArmaSafe plus batteries.
- GS Yuasa Corp. operates its business through various segments, such as automotive batteries (Japan), automotive batteries (Overseas), industrial batteries and power supplies, automotive lithium-ion batteries.