Lux Research projects that bulk of energy storage market for vehicles will be for e-bike and micro-hybrids
Green Car Congress
APRIL 16, 2011
The overall market for energy storage technologies that power electric vehicles is set to grow from $13 billion in 2011 to $30 billion in 2016, a compound annual growth rate (CAGR) of 18%. E-bikes pack minimal storage (e.g., E-bikes will continue to dominate the overall market in terms of dollars and MWh.
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