In 2016, Advanced Energy Storage systems were primarily used in the transportation sector. The growing popularity of electric vehicles is a major factor driving the increased demand for AES systems in the transportation sector. The transportation sector accounted for 50.20% of the Advanced Energy Storage system. Over 750000 electric car sales have been recorded worldwide, according to the International Energy Agency. This is expected to have a positive impact on the global growth of AES systems. During the forecast period, China and the United States are expected to dominate electric vehicle sales. China is the world's largest consumer of electric vehicles, registering 352,000 new electric vehicles in 2016. Read more- https://cmiblogdailydose.blogspot.com/2022/09/advanced-energy-storage-transform.html
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