Electric Vehicle Manufacturers’ Focus on Long-Range Battery Leads to Anticipated Unit Sales of 1.6 million in 2018
Solid-state batteries set to be game-changers in driving new growth opportunities, finds Frost & SullivanLondon, 4th May 2018 – The electric vehicle (EV) market is experiencing rapid growth as a result of several global trends. Increasing city regulations, a decline in lithium-ion battery prices, and high demand in China are expected to push global EV sales to an unprecedented 1.6 million unit sales, with China leading the market at 49.5% market share, followed by Europe with 25.6%. Frost &...
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