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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

Companies that can financially sustain themselves through the EV ramp will succeed in the long run, assuming that they have the technology and auto industry credibility. “In the near-term, we expect to see some consolidation in the battery industry, with a few leaders taking the lead. widespread adoption take hold.