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Forecast puts global lead acid battery market at $76.44B by 2022

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forecasts that the global lead acid battery market will reach US$76.44 Growing preference for pollution free hybrid & electric vehicles along with technological development is expected to drive lead acid battery demand over the forecast period. Europe was the second-largest market and accounted for more than 24.8%

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Pike Research forecasts energy storage systems for ancillary grid services to surpass $3.2B by 2021

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According to a new report from Pike Research, the global market for ESS for ancillary services applications will see strong growth in the coming decade, with revenues in the sector rising from $412 million in 2011 to more than $3.2 billion by 2021. Installed revenue by ess for ancillary services by technology, world markets: 2011-2021.

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Toshiba’s SCiB Li-ion battery system Japan’s first recognized compliant with ClassNK guidline for marine vessels

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At a time when pollution regulations are increasingly focused on the emissions ships generate, the SCiB will contribute to the protection of the marine and global environments. The certification is based on Class NK’s “Guidelines for Large-capacity Storage Batteries,” which requires use of a BMU in the system as a safety feature.

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Navigant Research forecasts stop-start vehicles to account for 53.4% of global vehicle sales by 2022

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By 2022, total global annual sales for light duty stop-start vehicles (SSVs) will exceed 55 million, accounting for 54.3% of vehicles sold in Western Europe, 69.9% Lead-acid batteries will lead in revenue for energy storage in SSVs, according to Navigant, with 99.1% By then, 82.8% of the market.

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Exide and Leclanché launch Li-ion battery JV in India

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Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

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EnerG2 and BASF in strategic partnership to improve and scale-up carbon materials for supercaps and start-stop PbA batteries

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Engineered carbons enhance storage performance by providing higher voltage and energy in supercapacitors and by significantly increasing the charging rate of lead-acid batteries at a partial-state-of-charge. Energy storage materials are an essential part of BASF’s strategy to enable electromobility.

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Second-life EV batteries market expected to reach $34.7B by 2027

Teslarati

The global second-life EV battery market is projected to reach a total of $34,758.46 Global Second-Life EV Batteries Markets. The report gave an estimation of the global second-life EV batteries market size for each global region: The Americas: $6,454.94 Europe, Middle East & Africa: $7,460.03 million in 2021.

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