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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

million units, China will be the third-largest market for 48 V micro-hybrids despite having a more attractive total cost of ownership than 48 V micro-hybrids sold in the US. Europe will lead global demand with 2.6 million units sold in 2024, followed by the US and China.

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