Lithium-ion Battery Industry Booms as EVs and Energy Storage Systems Drive DemandThe lithium-ion battery industry is experiencing a significant surge in demand, driven by the rapid growth of electric vehicles (EVs) and the need for energy storage systems. According to a recent report, the global lithium-ion battery market is projected to reach $XX billion by 2025, growing at a CAGR of XX% from 2020 to 2025.