Synthetic Graphite Market Size is expected to reach USD 3,926.85 million by 2031, growing at a CAGR of 4.70%: Straits Research [Yahoo! Finance]
Sunrise New Energy Co., Ltd - Class A Ordinary Shares (EPOW)
Company Research
Source: Yahoo! Finance
It is projected to reach USD 3,926.85 million by 2031, growing at a CAGR of 4.70% during the forecast period (2023-2031).” New York, United States, April 04, 2024 (GLOBE NEWSWIRE) -- Synthetic graphite is used as the anode material in lithium-ion batteries that power electric automobiles. Recent advancements in the production of electric vehicles (EVs) have increased awareness of synthetic graphite. It is an essential component of the lithium-ion battery anodes used to power these vehicles. More natural graphite is used as an anode by battery users in their cells. However, they are still combining it with synthetic graphite because of cheaper manufacturing costs, worries about the environment and the CO2 impact, and the ease of scaling supplies. However, the ratio of natural to synthetic graphite in car batteries is 10% natural and 90% synthetic due to the low purity of natural graphite materials. Download Free Sample Report PDF @ https://straitsresearch.com/report/synthetic-graph
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EPOW
Sec Filings
- 4/30/24 - Form NT
- 2/14/24 - Form SC
- 2/14/24 - Form SC
- EPOW's page on the SEC website