Lux: plug-in vehicle battery market to hit $10B in 2020; 6 carmakers = 90% of demand; VW to show most growth
Green Car Congress
JUNE 28, 2016
Volkswagen will show the most growth as it focuses on plug-ins following its emissions scandal, while Toyota will continue to lag in plug-in sales as it focuses more on hybrids and fuel cells. Just six large carmakers will account for 90% of the battery demand: Tesla, BYD, Volkswagen, General Motors (GM), Renault-Nissan and BMW.
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