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The electric vehicle, or EV, sector is anticipated to have one of the highest battery needs in the future. Government policies contributed to the transition from gasoline-powered cars to electric ones. Governments claim they want to lower carbon dioxide and other emissions that trap heat.
The lithium-ion battery is the most popular type of battery used today. Everything is powered by these gadgets, including EVs, laptops, and cellphones. In the future, lithium-ion batteries are anticipated to continue being the most popular choice for EVs.
The cathode and anode are the two primary components of a battery. The cathode serves as the positive side of the battery, while the anode serves as the negative side.Between the cathode and anode, an electrical charge can flow thanks to a chemical solution known as an electrolyte.
Lithium ions, which are positively charged particles that pass from the anode to the cathode through the electrolyte. This motion generates a steady stream of electrons that produce electricity.
The Mexico Electric tractor battery market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
The first plant in Mexico to make batteries for electric vehicles is ready to begin.
Working sessions have been held by the Mexican Automotive Sector Association (AMIA) to discuss prospects and steps to strengthen the supply chains of the Mexican automotive industry.
It is noteworthy that the Ministry of Economy (SE) has stressed that the T-MEC and the British company Bacanora Lithium’s lithium deposit in Sonora support the manufacture of electric vehicles in Mexico.