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

Green Car Congress

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. VRLA (valve-regulated lead-acid) batteries are forecast to grow at a CAGR of 6.4%

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Okaya Electric launches high-speed electric scooter Faast 

Electric Vehicles India

kW lithium phosphate battery, all LED lights, digital instrument cluster, daytime running lights and combi braking system, the company said. It’s a low-speed electric scooter that comes with two battery options lead-acid battery or a lithium-ion battery.

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Pike Research forecasts global stop-start vehicle sales to reach 37M units annually by 2020; 16:1 ratio over HEVs

Green Car Congress

At that level, SSVs will represent more than one-third of all light-duty vehicle sales, Pike notes. Pike Research’s report, “Stop-Start Vehicles”, concludes that global revenue from the sales of stop-start batteries will grow from $827 million in 2011 to $8.9 million units per year by 2020, according to a new study by Pike Research.

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Pike forecasts NEV market to remain small, although with double the growth rate of light-duty vehicles to 2017

Green Car Congress

While moderate in terms of volume, the growth rate for NEVs will double that of the light-duty vehicle market during the same period, Pike notes. In Europe, NEVs are categorized as a quadricycle, but are limited to a 4 kW motor for light NEVs or 15 kW for heavier quadricycles. This represents a compound annual growth rate (CAGR) of 6.6%

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