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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.

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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

Green Car Congress

The Porsche Panamera S E-hybrid plug-in hybrid ( earlier post ) is already in the showrooms in China; the Group will launch two further plug-in hybrid vehicles there next year with the Audi A3 e-tron ( earlier post ) and the Golf GTE ( earlier post ). China Electric (Battery) Hybrids Plug-ins Vehicle Manufacturers'

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