Latin America Li-ion Battery Market: Charging to USD 2.25 Billion by 2030, Driven by EV and Energy Storage Boom

Latin America Li-ion Battery Market is valued at USD 1.49 billion (2024), forecast to reach USD 2.25 billion by 2030 (7.2% CAGR). This robust growth is primarily driven by the surging adoption of Electric Vehicles (52% share) and large-scale renewable energy storage systems. Brazil leads production, while Chile and Argentina leverage vast lithium reserves, despite supply chain challenges.

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