The battery leasing service market has been segmented on the basis of vehicle type, business model, battery type, and region. From the regional point of view, the Latin America battery leasing service industry is expected to account for a market share of around 5% by the end of 2028 owing to soaring demand for electric vehicles in the region. Meanwhile, the Middle East & Africa battery leasing service market is poised to progress at a CAGR of more than 20% over the assessment period on account of favorable government initiatives for adoption of electric vehicles in the region.
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