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Pike forecasts NEV market to remain small, although with double the growth rate of light-duty vehicles to 2017

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The US currently offers federal tax incentives of 10% of the purchase price up to $2,500. Because of the solid separator in AGM batteries, they are considered to be sealed valve-regulated lead-acid (VRLA) batteries. The fleet market makes up about 70% of the global NEV marketplace, Pike says. Technology. Market forecasts.

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