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Anderman: Li-ion capacity far outstripping demand as automakers focus more on hybrids, less on full EVs

Green Car Congress

Global automotive Li-Ion battery production capacity is outstripping demand five-to-one as automakers refocus on hybrids and away from full electric vehicles, according to Dr. Menahem Anderman’s recently released xEV Industry Insider Report. Anderman projects a global EV/PHEV 2016 market at around 0.6% million in 2020; and.

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AAB Study Projects Global EV New Vehicle Sales of Up to 400,000 Units by 2020, PHEV Sales of 500,000 Units by 2020

Green Car Congress

Under the Report baseline estimate, the global plug-in hybrid electric (PHEV) market will grow from essentially zero in 2009 to 500,000 units in 2020, and the associated Li-Ion automotive battery business—which includes EV, PHEV and HEV batteries—from $150 million in 2009 to $8.4 billion in 2020. Earlier post.)

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