GS Yuasa

Electric Vehicles, Batteries, & Chargers Seeing Rapid Growth

Once considered an inconsequential niche in the automotive market, electric vehicles are becoming more widespread. And it’s not just all the new plug-in options available today — EV batteries and charging stations are also proliferating around the globe. To that end, some tell-tale charts (recently published via Statista) demonstrate the trajectory of the electric vehicle movement and who might be best positioned to win the EV race in the coming years.

Lithium-Ion Battery Market to Grow 700% by 2017, New Report Finds

  Pike Research has just come out with a new market research report, “Electric Vehicle Batteries.” The report, which ranks what it thinks are the top 10 Lithium-ion battery companies, finds that market revenue for Lithium-ion (Li-ion) batteries for transportation (EVs and plug-in hybrid electric vehicles) “will grow over 700%, from $2.0 billion annually in … [continued]