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Navigant: 2016 advanced battery shipments through Q3 = 323M cells and $3.8B in sales

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According to a new report from Navigant Research, the shipment volume of advanced batteries for the first three quarters of 2016 equates to more than 323.5 The majority of the advanced batteries in 2016 have been manufactured in Asia Pacific and shipped around the world. million individual battery cells, 16.1 billion in sales.

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New Airbus lab in Shenzhen to push battery technology for electric aerial vehicles; collaboration with BYD

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Asia is the global epicenter of battery development and production, with Japan and Korea as the worldwide leaders. In 2016, millions of electronic devices had to be recalled after a battery fault caused units to overheat and explode. However, China is rapidly catching up to the traditional heavyweights.

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Who Really Invented the Rechargeable Lithium-Ion Battery?

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Global sales top US $45 billion a year, on their way to more than $100 billion in the coming decade. Jonas Ekstromer/AFP/Getty Images In the early 1970s, Exxon scientists predicted that global oil production would peak in the year 2000 and then fall into a steady decline. billion yen, roughly $126 million today).