Pike Research forecasts automotive Li-ion battery market to grow to almost $22B in 2020; China to become global leader in production by 2015
Green Car Congress
JANUARY 11, 2013
In a new report , Pike Research forecasts that the overall market for Li-ion batteries in light duty transportation will grow from $1.6 Battery-electric vehicles will be the dominant vehicle technology for driving market growth, Pike suggests, because they utilize much larger battery packs than plug-in hybrid electric vehicles (PHEVs).
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