Battery Management Systems Market to Leap 15% per Year through 2030
As sales of electric vehicles soar, and as. the price of automotive batteries declines. demand for battery management systems will jump. The battery management system. market is projected to grow at a 15% CAGR. between 2021 and 2030, according to a new report from Research And Markets. Battery management systems are needed to. control and track the charging and discharging process of batteries in electric vehicles. They also monitor the health of the battery. and provide information on the amount…