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Automotive Batteries, Short-term Revenue Growth Favors Lead-acid By 6 To 1
Posted on June 26, 2009
Last week, an article in GreenCar Congress summarized a market forecast that Dr. Menahem Andermanpresented at this month's Advanced Automotive Battery Conference inLong Beach, California. In his presentation, Dr. Anderman evaluated themarket forHEVs in 2011, projected a $1,230 million market for automotive NiMHbatteries, and projected a $320 million market for automotive Li-ionbatteries. The following graph comes from Green Car Congress, is basedon data from Dr. Anderman's AABC presentation,and shows both unit sales and market value of the Li-ion batteries thatwill be used inHEVs by 2011 (clic...
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