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Lux: 48 V micro-hybrid market will pass 7M vehicles in 2024; promising for LTO Li-ion batteries

Green Car Congress

For example, after more than 15 years of selling the Prius hybrid, Toyota is just beginning to shift some of its models to Li-ion batteries from nickel metal hydride (NiMH). In 2024, just 8% of the market by dollar value will go to lead-carbon and nickel-zinc batteries, according to Lux.

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