Remove Cost Of Remove Global Remove VRLA
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Pike Research forecasts global stop-start vehicle sales to reach 37M units annually by 2020; 16:1 ratio over HEVs

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Global sales of stop-start vehicles (SSVs) will experience strong growth in the coming decade, rising from 3 million units in 2011 to 37.3 Although the technology is not as well known in North America, SSVs are already outselling hybrids globally, with 3.5 Source: Pike Research. Click to enlarge.

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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 fleet market makes up about 70% of the global NEV marketplace, Pike says. Pike notes that essentially all NEVs use deep cycle lead-acid batteries due to their lower cost of between $100 to $200 per kWh. Because of the solid separator in AGM batteries, they are considered to be sealed valve-regulated lead-acid (VRLA) batteries.

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Tesla Power India launches refurbished battery brand – ReStore – ET Auto

Baua Electric

The refurbished batteries under the brand name of “ReStore” will be sold to the customer at almost half of the cost of a new inverter battery along with warranty. This initiative is led by the Gurgaon-based Tesla Power India Private Limited, with global headquarters in Delaware, USA.

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