Pike forecasts NEV market to remain small, although with double the growth rate of light-duty vehicles to 2017
Green Car Congress
JUNE 16, 2011
The fleet market makes up about 70% of the global NEV marketplace, Pike says. Because of the solid separator in AGM batteries, they are considered to be sealed valve-regulated lead-acid (VRLA) batteries. Because NEVs remain illegal for city use in China, Pike sees the market there confined largely to fleets. Market forecasts.
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