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
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). Current BEVs use battery packs ranging from 16 kWh to 85 kWh compared to PHEV packs ranging from 4 kWh to 16 kWh, for example.
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