Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems
Green Car Congress
JANUARY 1, 2011
DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012. In DB’s Fall 2009 note, they had forecast 12% growth. The DB team attributed the reduction to less concern about gasoline prices, and therefore fuel efficiency, as well as fewer government subsidies for hybrids.
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