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A Detailed Look at Pakistan’s Lithium Battery Industry
Current Industry Status
The lithium battery industry in Pakistan is on the rise, fueled by growing demand for solar energy and electric vehicles. Experts predict the market will grow at a compound annual growth rate (CAGR) of over 1.2% between 2024 and 2029, largely thanks to renewable energy and EV trends.
Local players like Li-Power Green Energy Pvt Ltd and Narada Power Pakistan are key names in the game, though much of the supply still leans on imports or local assembly.