Electric vehicles to account for 50% of Li-ion market
Published: Thursday, 27 March 2014
Significance: Government legislation to move the world to a low-carbon and green economy has led to the increased uptake in hybrid and pure electric cars, positively impacting the growth of the lithium-ion battery sector.
Consumer interest and government legislation in hybrid and
electric vehicles (EVs) will drive demand for lithium-ion
(Li-ion) batteries, according to new research from
Li-ion use is expanding beyond e-readers, tablets, laptops and
mobile phones, with hybrid and EVs estimated to account for
over 50% of the sector by 2024....