Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales
Green Car Congress
NOVEMBER 16, 2010
Two key drivers of EV adoption include climate concerns and oil prices. For example, South Korea faces worsening environmental issues. IPTS aims to solve common problems with EVs: the limitations of lithium batteries in terms of power capacity, physical weight, legislation, materials price, and long recharging time.
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