Global Hybrid EV Battery Market is estimated to be US$ 316.68 billion by 2030 with a CAGR of 26.0% during the forecast period An electric battery in a car is a secondary power source that utilises chemical energy stored in the battery. The motive power for an electric or hybrid vehicle is provided by this battery, which is also known as a traction battery. Because they are meant to provide power for a long length of time, electric vehicle batteries are classified as starting, lighting, and ignition (SLI) batteries. The battery powers an electric motor that drives the wheels, and when the accelerator pedal is pressed, the automobile feeds electricity to the motor quickly, progressively depleting the energy stored in the batteries. To know the upcoming trends and insights prevalent in this market, click the link below: https://www.prophecymarketinsights.com/market_insight/Global-Hybrid-EV-Battery-Market-3247