Lux Research: the $40,000, 200-mile-range EV is the biggest coming growth opportunity for energy storage in transportation
Green Car Congress
MARCH 2, 2015
By 2020, this new EV battleground should account for $5 billion or more in Li-ion battery sales, because it combines larger packs (around 50 kWh) with more sales (hundreds of thousands of vehicles). Lux attributes the market failure represented by the shortfall in ambitious governmental and OEM sales target to expensive batteries.
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