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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 US currently offers federal tax incentives of 10% of the purchase price up to $2,500. Because of the solid separator in AGM batteries, they are considered to be sealed valve-regulated lead-acid (VRLA) batteries. The fleet market makes up about 70% of the global NEV marketplace, Pike says. Technology. Market forecasts.

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Axion supplying PbC batteries to Norfolk Southern for all-battery switcher and working on line-haul hybrid locomotives; micro-hybrid and stationary expansion

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Axion Power said this first $400,000 purchase order is part of a $475,000 total purchase order, that will be used in the commissioning of Norfolk Southern’s NS-999 ( earlier post ). Micro-hybrid testing against VRLA. Earlier post.) To date, this is the largest single PbC battery order that Axion has received. Source: Axion.

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